724 Saint Peter Blvd · Shreveport, LA 71106

$123,000

3 bd · 1.0 ba · 2,163 sqft · SingleFamily public records · 96 Days on market

Built 1962 6,447 sqft lot $57/sqft · 56% below area

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Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +29.6/30.0
• DSCR +10.0/10.0
• 1% rule +7.9/10.0
• ARV discount +7.5/15.0
• Rent growth +4.4/5.0
• Livability +3.0/5.0
• Condition / age +2.5/5.0
• Schools +2.2/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

This Shreveport home would make for a great addition to any investor's portfolio or first-time home buyers. It qualifies for Down Payment Assistance programs. 4 Bedrooms, 2 baths, and almost 2200 sq ft. Currently being rented for $1040. Please do not disturb tenants. 24 hour notice mandatory. This home can be added to a package deal with MLS#s 21211534, 21210360, 21210316, 21211564, & 21211491

Key facts

• 6,447 sq ft lot
• Built 1962
• Listed 95 days

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $123k.

Deal economics

• At list price, monthly cash flow is $443 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $123k).
• Recommended offer: $112k (9.0% below list) — sets the bar for market timing.
• Cap rate 10.6% vs local median 5.7% in Shreveport — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 59/100 on livability (#270 in LA) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A; Watch: crime F, amenities F, commute F.
• Caddo Parish (urban): math 21% / reading 32% proficiency, ranked #53 of 98 in LA (top 54%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 64% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: University Elementary School (math 27% / reading 38%, grade F, #300 of 646 statewide, top 47%, 954 students, 52% FRL); Caddo Parish Middle Magnet School (math 79% / reading 93%, grade A+, #1 of 218 statewide, top 0%, 1,003 students, 23% FRL); Captain Shreve High School (math 25% / reading 41%, grade F, #116 of 265 statewide, top 44%, 1,851 students, 49% FRL) — zoned schools average 41% FRL vs 64% district-wide (23 pts lower); this property's tenant base skews higher-income than the district average.
• Zoned-school proficiency averages 50% at this address vs 26% district-wide (+24 pts) — the actual schools serving this property are materially stronger than the Caddo Parish average implies; a family-tenant draw the district grade alone would hide.
• Market conditions: Rents rising fast (+7.5%/yr); 487 active listings in the ZIP; 1 comparable units currently listed for rent nearby; solid renter incomes; 221 units permitted in Caddo Parish in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $850 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Caddo County population projected at -15% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 7.5% rent growth), your $34k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 96 days — a 9% lower offer ($112k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 70% chance of damaging wind over 30y; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $111,930 (9.0% below list)

Questions for the listing agent

1. It's been on market 96 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1962 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.29% ✓
• Cap rate: 10.62%
• Cash-on-cash: 15.44%
• DSCR: 1.69
• GRM: 6.5

CMA / ARV

• ARV (median comp): $278,424
• List price: $123,000
• Delta: -55.82%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
8319 Suffolk Dr	0.39mi	3/2.5	2,157 (-0%)	11mo	$215,000	$100	67
638 Ashbourne Dr	0.25mi	3/2.0	1,950 (-10%)	2mo	$209,500	$107	66
8418 W Wilderness Way	0.44mi	3/2.0	2,136 (-1%)	9mo	$219,900	$103	66
331 Deborah Dr	0.37mi	3/2.0	2,292 (+6%)	9mo	$365,000	$159	61
7040 Creswell Rd	0.59mi	3/2.5	2,128 (-2%)	5mo	$226,975	$107	60
558 Spring Lake Cir	0.30mi	3/2.0	2,357 (+9%)	14mo	$289,000	$123	55
517 N Marlborough Cir	0.58mi	4/2.0 (+1)	2,177 (+1%)	14mo	$263,000	$121	51
534 Dunmoreland Dr	0.57mi	4/2.0 (+1)	2,252 (+4%)	13mo	$305,000	$135	47
552 N Marlborough Cir	0.71mi	3/2.0	1,937 (-10%)	5mo	$285,000	$147	42
8610 W Wilderness Way	0.65mi	3/3.0	2,357 (+9%)	11mo	$229,900	$98	38
8510 Creswell Rd	0.73mi	4/2.5 (+1)	2,271 (+5%)	15mo	$284,900	$125	34
8506 W Wilderness Way	0.54mi	4/2.5 (+1)	2,449 (+13%)	15mo	$298,500	$122	29

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 7.51% rent growth · sell at horizon

5-year hold

• IRR: 11.0%
• Equity multiple: 1.46×
• Total profit: $15,801
• Equity at exit: $18,340

10-year hold

• IRR: 23.4%
• Equity multiple: 3.44×
• Total profit: $83,920
• Equity at exit: $10,635

Cash invested: $34,440 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 90 Strongly Landlord-Friendly
• State Louisiana: 90 Strongly Landlord-Friendly · R+12
• County: — inherits STATE
• City: — inherits STATE

5-day notice; no state rent control; civil-law jurisdiction; landlord-favorable.

Methodology + full state rankings →

ZIP-level market 71106

• Rents YoY: 7.5%
• Active inventory: 487
• Price-to-rent: 6.5×

Monthly cashflow live

• Estimated rent: $1,583 medium
• Mortgage (P&I): −$645
• Tax from tax record: −$111 /mo · $1,332/yr
• Insurance: −$51
• HOA: −$0
• Vacancy / Maint / Mgmt: −$332
• Net cashflow: $443

Break-even live

Break-even rent $1,022

Max offer price $123,000

Occupancy floor 67%

Sensitivity live

Price	-10% $513	-5% $478	+0% $443	+5% $408	+10% $374
Rent	-10% $318	-5% $381	+0% $443	+5% $506	+10% $568
Rate	-1.0pp $505	-0.5pp $474	base $443	+0.5pp $411	+1.0pp $379

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $30,750
• Closing costs: $3,690
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7416 Camelback Dr Shreveport, LA	4.0	2.5	2377	$2,000	$0.84	22d	1	0.82mi

Listing history 18 events

1. 2026-06-21
   days on market $123,000 Active 96 DOM
2. 2026-06-18
   days on market $123,000 Active 93 DOM
3. 2026-06-17
   days on market $123,000 Active 92 DOM
4. 2026-06-16
   days on market $123,000 Active 91 DOM
5. 2026-06-15
   days on market $123,000 Active 90 DOM
6. 2026-06-14
   days on market $123,000 Active 88 DOM
7. 2026-06-13
   days on market $123,000 Active 87 DOM
8. 2026-06-10
   days on market $123,000 Active 85 DOM
9. 2026-06-09
   days on market $123,000 Active 84 DOM
10. 2026-06-08
    days on market $123,000 Active 83 DOM
11. 2026-06-07
    days on market $123,000 Active 82 DOM
12. 2026-06-05
    days on market $123,000 Active 79 DOM
13. 2026-06-03
    days on market $123,000 Active 78 DOM
14. 2026-06-02
    days on market $123,000 Active 77 DOM
15. 2026-06-01
    days on market $123,000 Active 76 DOM
16. 2026-05-31
    days on market $123,000 Active 75 DOM
17. 2026-05-30
    days on market $123,000 Active 74 DOM
18. 2026-03-17
    listed $123,000 Active 401-char remark

    Show marketing remark (401 chars)

    This Shreveport home would make for a great addition to any investor's portfolio or first-time home buyers. It qualifies for Down Payment Assistance programs. 4 Bedrooms, 2 baths, and almost 2200 sq ft. Currently being rented for $1040. Please do not disturb tenants. 24 hour notice mandatory. This home can be added to a package deal with MLS#s 21211534, 21210360, 21210316, 21211564, & 21211491

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast LA · Resets to sale price

• Current annual tax: $1,332 · $111/mo
• Projected year-2 tax: $1,332 · $111/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 7/10 Severe 7 d/yr ≥110°F today · 22 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 70% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,994
• − Mortgage interest: −$6,890
• − Property taxes: −$1,332
• − Insurance: −$615
• − Repairs & maintenance: −$1,520
• − Management: −$1,520
• − Depreciation: −$3,578
• Taxable income: $3,540
• Est. tax owed @ 24.0%: −$850
• After-tax cash flow: $4,468/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Caddo Parish
• NCES district ID: 2200300
• Math proficiency: 21% ▼ -33.00%
• Reading proficiency: 32% ▼ -30.00%
• Median HH income: $39,227
• Composite: 22.23/100
• National rank: #8148
• State rank: #53 of 98 in LA

Livability — Shreveport

• Score: 59/100
• State rank: #270
• US rank: #19730

Category grades

Amenities F Commute F Cost of living A+ Crime F Employment F Housing A Health & safety F User ratings A-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Shreveport, LA
• County: Caddo Parish · 178,536 people
• City population: 164,123
• Metro: Shreveport-Bossier City, LA
• Population (ZIP): 34,117
• Household income: $81,452
• Rent vs Own: 31.7% rent · 68.3% own
• Severe rent burden: 1333.0

Population outlook (Caddo County) Hauer SSP2

• Today (2025): 243,190 people
• By 2030: 237,231 · -2.5%
• By 2040: 222,502 · -8.5%
• By 2050: 206,516 · -15.1%
• By 2075: 165,706 · -31.9%
• By 2100: 122,262 · -49.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.59)
• Race & ethnicity: White 51% Black 39% Hispanic / Latino 5% Two or more races 5%
• Hispanic origin (detail): Mexican 3%
• Common ancestry: Lithuanian 3% Slovak 2% Serbian 1%
• Foreign-born: 3% · Canada
• Languages at home: 96% English-only · Spanish 3% Other Indo-European 0%

Political lean MEDSL · Caddo

• 2024 margin: Toss-up / Even · D 51.6% · R 47.0% · Other 1.4%
• 2008→2024 swing: +1.6pp toward D · 2008: 3.0pp · 2024: 4.6pp
• All cycles: 2024: D+4.6 2020: D+6.8 2016: D+4.2 2012: D+4.9 2008: D+3.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -86.48%
• Current HPI: 124.2416
• Rent YoY: ▲ 7.51%
• Metro: Shreveport-Bossier City, LA
• State GDP YoY: ▲ 3.29%
• F500 in state: 10

Industry mix (Fortune 500 HQ in LA)

Industry	F500 HQs	Revenue
▸Telecommunications	2	$23B
▸Utilities	1	$12B
▸Wholesale / Distribution	1	$5B
▸Advertising	1	$2B

Price history

1 event — show timeline

• 2026-03-17 Listed $123,000 NTREIS

Property tax history

+16.0%/yr

Latest (2025): $1,332 · +0.4% YoY. Source: county tax records.