Real Estate Investing in Shreveport, Louisiana (71104)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 71104 (Shreveport, LA)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 20.8% of homes vacant — above national norms.
What’s happening in Shreveport, LA (71104)?
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Market Analysis: 71104 Shreveport
ZIP 71104 in Shreveport, LA carries a notable set of headwinds. Home values near $131K and rents of $1,103/mo sit inside a market where underwriting has to be tight.
For an experienced owner, 71104 can be a a solid fit for hunting ground — but the discount at $131K reflects genuine risk that outside investors often underestimate.
Nearby ZIPs in Shreveport have seen price recovery that 71104 has not matched. Caddo Parish data supports the view that the spread is structural rather than temporary.
Meanwhile, 12,579 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
The right play in 71104 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Shreveport:
Property Strategy for 71104
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $57,846 | $1,020 | 12.7% | -1.3% | $57,846 |
| 2BR | $90,531 | $1,160 | 9.2% | 0.0% | $45,265 |
| 3BR | $133,940 | $1,520 | 8.2% | +1.4% | $44,647 |
| 4BR | $179,667 | $1,620 | 6.5% | +0.5% | $44,917 |
| 5BR | $223,894 | — | — | +0.8% | $44,779 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 71104 Compare?
| Metric | 71104 | Shreveport | Shreveport-Bossier City, LA | Louisiana |
|---|---|---|---|---|
| Home Value | $130,671 | $135,248 | N/A | $207,909 |
| 5-Year CAGR | 2.0% | 1.6% | N/A | 0.7% |
| Avg Rent | $1,103 | $1,107 | N/A | - |
| Cap Rate | 6.6% | 9.4% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 71104 (Shreveport, LA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $130,671 |
| Monthly Rent | $1,103 |
| Price-to-Rent | 9.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 10.1% |
| Cap Rate | 6.6% |
| 5-Year IRR | 8.6% |
📈 Home Appreciation
| 1-Year | +6.3% ▲ |
| 3-Year CAGR | +3.4% ▲ |
| 5-Year CAGR | +2.0% ▲ |
| 10-Year CAGR | +1.8% ▲ |
🏠 Rent Trends
| 1-Year | +17.7% ▲ |
| 3-Year CAGR | +8.0% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (6.6%). Financing this market at current rates produces a cash-on-cash return near the cap rate. Appreciation and tax benefits may still support the investment.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 71104
Population: 12,579
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 71104
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
A.C. Steere Elementary School
J. S. Clark Elementary School
Riverside Elementary School
Shreve Island Elementary School
Broadmoor STEM Academy
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
Is Shreveport, LA a smart market for rental property?
Yes - Shreveport, LA a 3.0/5 investability score. With $131K home prices against $1,103/mo monthly rent, the market delivers a reasonable entry point for new investors.
Are rents high in Shreveport, LA?
Average rent in Shreveport, LA is approximately $1,103/mo per month. Against $131K home values that yields a reasonable rent-to-price ratio.
How tight is the rental market in Shreveport, LA?
Vacancy in Shreveport, LA is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,103/mo.
Where do home prices stand in Shreveport, LA?
Typical homes in Shreveport, LA go for around $131K. The 5-year CAGR of 0.0% consistent price movement.
Are tenants stable in Shreveport, LA?
Expect a solid tenant pool in Shreveport, LA. The rental market absorbs $1,103/mo rents without meaningful friction.
You know 71104 now. You don’t know where it ranks.
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How 71104 ranks in Shreveport-Bossier City, LA
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