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4682 Perrault Walk
C- Composite 50.59
Why this score? — see what drove the C- 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 +20.5/30.0
  • ARV discount +7.5/15.0
  • DSCR +6.5/10.0
  • 1% rule +5.5/10.0
  • Livability +4.0/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Schools +1.6/10.0
  • Appreciation +0.0/10.0

$180,888

4682 Perrault Walk · New Orleans, LA 70127
4 bd · 4.0 ba · 5,600 sqft · SingleFamily public records · 682 Days on market
Built 1990 9,134 sqft lot $32/sqft · 56% below area

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

5 spacious bedrooms, offering plenty of room for family, guests, or a home office. 3 full bathrooms and 1 half bath, designed for convenience and comfort. The home is partially renovated, providing a blend of updated amenities and potential for further customization to suit your taste.A large living room great for entertaining or relaxing.A dining area that comfortably seats a large family or group. A family room that can serve as a cozy gathering spot or media room.Kithcen waiting for you to customizeA spacious walk-in closet.Additional Bedrooms: Generously sized with plenty of closet space. This property offers a wonderful opportunity to own a spacious and comfortable home with room to grow and personalize. A large backyard, partially landscaped. Potential for a garden, play area, or outdoor entertaining space. A must see

Key facts

  • Large backyard
  • Partially renovated
  • 9,134 sq ft lot

Tags

PARTIALLY RENOVATEDSPACIOUS WALK-IN CLOSETLARGE BACKYARD

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 4-bed/4.0-bath single-family listed at $181k.

Deal economics

  • At list price, monthly cash flow is $171 ($2k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $181k).
  • Recommended offer: $159k (12.0% below list) — sets the bar for market timing.
  • Cap rate 7.9% vs local median 4.4% in New Orleans — 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 81/100 on livability (#3 in LA, #1,383 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, health & safety A+; Watch: crime C-, employment D.
  • Orleans Parish (urban): math 11% / reading 27% proficiency, ranked #69 of 98 in LA (top 70%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 68% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: 128 active listings in the ZIP; lower-income renter base — watch delinquency; 710 units permitted in Orleans Parish in 2024 (244 in 5+ unit buildings).
  • At $1,900/mo this rent would consume 56% of the median local household income ($41k/yr) (locally 2030% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
  • Orleans County population projected at +61% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 682 days — a 12% lower offer ($159k) is reasonable based on typical stale-listing flexibility.
  • 16 sale attempts since 18y ago; this cycle's ask has dropped $74k (29%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $54k; list at $181k implies a 235% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: flood insurance adds $66/mo.
  • Climate carrying-cost: severe flood risk; severe wind risk, 99% 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 $159,181 (12.0% below list)

Questions for the listing agent

  1. It's been on market 682 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
  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. 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.
  6. 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.
  7. 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
1.05%
Cap rate
7.87%
Cash-on-cash
5.61%
DSCR
1.25
GRM
7.9

CMA / ARV

ARV (median comp)
$388,997
List price
$180,888
Delta
-53.50%
Verdict
UNDERPRICED
Comps
16 within 2.0 mi
Show comp detail 1 sale within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
4682 Perrault Walk 0.00mi 5/3.5 (+1) 5,256 (-6%) 0mo $160,000 $30 82

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 · 3.0% rent growth · sell at horizon

5-year hold
IRR
-9.9%
Equity multiple
0.64×
Total profit
$-18,373
Equity at exit
$26,971
10-year hold
IRR
-0.5%
Equity multiple
0.97×
Total profit
$-1,697
Equity at exit
$15,640

Cash invested: $50,649 (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.

ZIP-level market 70127

Home prices YoY
-29.2%
Active inventory
128
Price-to-rent
7.9×

Monthly cashflow live

Estimated rent
$1,900 medium interval (Pro) →
Mortgage (P&I)
$949
Tax from tax record
$240 /mo · $2,885/yr
Insurance
$75
Flood insurance flood zone
−$66 /mo · $798/yr
HOA
$0
Vacancy / Maint / Mgmt
$399
Net cashflow
$171

Break-even live

Break-even rent $1,685
Max offer price $180,888
Occupancy floor 86%

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
$45,222
Closing costs
$5,427
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Listing history 42 events

  1. 2026-06-10
    days on market $180,888 Active 682 DOM
  2. 2026-06-09
    days on market $180,888 Active 681 DOM
  3. 2026-06-08
    days on market $180,888 Active 680 DOM
  4. 2026-06-07
    days on market $180,888 Active 679 DOM
  5. 2026-06-05
    days on market $180,888 Active 676 DOM
  6. 2026-06-03
    days on market $180,888 Active 675 DOM
  7. 2026-06-02
    days on market $180,888 Active 674 DOM
  8. 2026-06-01
    days on market $180,888 Active 673 DOM
  9. 2026-05-31
    days on market $180,888 Active 672 DOM
  10. 2026-04-10
    status Active 835-char remark
    Show marketing remark (839 chars)

    5 spacious bedrooms, offering plenty of room for family, guests, or a home office. 3 full bathrooms and 1 half bath, designed for convenience and comfort. The home is partially renovated, providing a blend of updated amenities and potential for further customization to suit your taste. A large living room great for entertaining or relaxing. A dining area that comfortably seats a large family or group. A family room that can serve as a cozy gathering spot or media room. Kithcen waiting for you to customizeA spacious walk-in closet. Additional Bedrooms: Generously sized with plenty of closet space. This property offers a wonderful opportunity to own a spacious and comfortable home with room to grow and personalize. A large backyard, partially landscaped. Potential for a garden, play area, or outdoor entertaining space. A must see

  11. 2026-04-10
    status Active 839-char remark
    Show marketing remark (839 chars)

    5 spacious bedrooms, offering plenty of room for family, guests, or a home office. 3 full bathrooms and 1 half bath, designed for convenience and comfort. The home is partially renovated, providing a blend of updated amenities and potential for further customization to suit your taste. A large living room great for entertaining or relaxing. A dining area that comfortably seats a large family or group. A family room that can serve as a cozy gathering spot or media room. Kithcen waiting for you to customizeA spacious walk-in closet. Additional Bedrooms: Generously sized with plenty of closet space. This property offers a wonderful opportunity to own a spacious and comfortable home with room to grow and personalize. A large backyard, partially landscaped. Potential for a garden, play area, or outdoor entertaining space. A must see

  12. 2026-03-20
    status Pending 835-char remark
    Show marketing remark (839 chars)

    5 spacious bedrooms, offering plenty of room for family, guests, or a home office. 3 full bathrooms and 1 half bath, designed for convenience and comfort. The home is partially renovated, providing a blend of updated amenities and potential for further customization to suit your taste. A large living room great for entertaining or relaxing. A dining area that comfortably seats a large family or group. A family room that can serve as a cozy gathering spot or media room. Kithcen waiting for you to customizeA spacious walk-in closet. Additional Bedrooms: Generously sized with plenty of closet space. This property offers a wonderful opportunity to own a spacious and comfortable home with room to grow and personalize. A large backyard, partially landscaped. Potential for a garden, play area, or outdoor entertaining space. A must see

  13. 2026-03-20
    historical Active Under Contract 839-char remark
    Show marketing remark (839 chars)

    5 spacious bedrooms, offering plenty of room for family, guests, or a home office. 3 full bathrooms and 1 half bath, designed for convenience and comfort. The home is partially renovated, providing a blend of updated amenities and potential for further customization to suit your taste. A large living room great for entertaining or relaxing. A dining area that comfortably seats a large family or group. A family room that can serve as a cozy gathering spot or media room. Kithcen waiting for you to customizeA spacious walk-in closet. Additional Bedrooms: Generously sized with plenty of closet space. This property offers a wonderful opportunity to own a spacious and comfortable home with room to grow and personalize. A large backyard, partially landscaped. Potential for a garden, play area, or outdoor entertaining space. A must see

  14. 2026-03-15
    status Active 835-char remark
    Show marketing remark (839 chars)

    5 spacious bedrooms, offering plenty of room for family, guests, or a home office. 3 full bathrooms and 1 half bath, designed for convenience and comfort. The home is partially renovated, providing a blend of updated amenities and potential for further customization to suit your taste. A large living room great for entertaining or relaxing. A dining area that comfortably seats a large family or group. A family room that can serve as a cozy gathering spot or media room. Kithcen waiting for you to customizeA spacious walk-in closet. Additional Bedrooms: Generously sized with plenty of closet space. This property offers a wonderful opportunity to own a spacious and comfortable home with room to grow and personalize. A large backyard, partially landscaped. Potential for a garden, play area, or outdoor entertaining space. A must see

  15. 2026-03-15
    status Active 839-char remark
    Show marketing remark (839 chars)

    5 spacious bedrooms, offering plenty of room for family, guests, or a home office. 3 full bathrooms and 1 half bath, designed for convenience and comfort. The home is partially renovated, providing a blend of updated amenities and potential for further customization to suit your taste. A large living room great for entertaining or relaxing. A dining area that comfortably seats a large family or group. A family room that can serve as a cozy gathering spot or media room. Kithcen waiting for you to customizeA spacious walk-in closet. Additional Bedrooms: Generously sized with plenty of closet space. This property offers a wonderful opportunity to own a spacious and comfortable home with room to grow and personalize. A large backyard, partially landscaped. Potential for a garden, play area, or outdoor entertaining space. A must see

  16. 2026-03-05
    status Pending 835-char remark
    Show marketing remark (839 chars)

    5 spacious bedrooms, offering plenty of room for family, guests, or a home office. 3 full bathrooms and 1 half bath, designed for convenience and comfort. The home is partially renovated, providing a blend of updated amenities and potential for further customization to suit your taste. A large living room great for entertaining or relaxing. A dining area that comfortably seats a large family or group. A family room that can serve as a cozy gathering spot or media room. Kithcen waiting for you to customizeA spacious walk-in closet. Additional Bedrooms: Generously sized with plenty of closet space. This property offers a wonderful opportunity to own a spacious and comfortable home with room to grow and personalize. A large backyard, partially landscaped. Potential for a garden, play area, or outdoor entertaining space. A must see

  17. 2026-03-05
    historical Active Under Contract 839-char remark
    Show marketing remark (839 chars)

    5 spacious bedrooms, offering plenty of room for family, guests, or a home office. 3 full bathrooms and 1 half bath, designed for convenience and comfort. The home is partially renovated, providing a blend of updated amenities and potential for further customization to suit your taste. A large living room great for entertaining or relaxing. A dining area that comfortably seats a large family or group. A family room that can serve as a cozy gathering spot or media room. Kithcen waiting for you to customizeA spacious walk-in closet. Additional Bedrooms: Generously sized with plenty of closet space. This property offers a wonderful opportunity to own a spacious and comfortable home with room to grow and personalize. A large backyard, partially landscaped. Potential for a garden, play area, or outdoor entertaining space. A must see

  18. 2026-02-18
    price $180,888 835-char remark
    Show marketing remark (839 chars)

    5 spacious bedrooms, offering plenty of room for family, guests, or a home office. 3 full bathrooms and 1 half bath, designed for convenience and comfort. The home is partially renovated, providing a blend of updated amenities and potential for further customization to suit your taste. A large living room great for entertaining or relaxing. A dining area that comfortably seats a large family or group. A family room that can serve as a cozy gathering spot or media room. Kithcen waiting for you to customizeA spacious walk-in closet. Additional Bedrooms: Generously sized with plenty of closet space. This property offers a wonderful opportunity to own a spacious and comfortable home with room to grow and personalize. A large backyard, partially landscaped. Potential for a garden, play area, or outdoor entertaining space. A must see

  19. 2026-02-18
    price $180,888 839-char remark
    Show marketing remark (839 chars)

    5 spacious bedrooms, offering plenty of room for family, guests, or a home office. 3 full bathrooms and 1 half bath, designed for convenience and comfort. The home is partially renovated, providing a blend of updated amenities and potential for further customization to suit your taste. A large living room great for entertaining or relaxing. A dining area that comfortably seats a large family or group. A family room that can serve as a cozy gathering spot or media room. Kithcen waiting for you to customizeA spacious walk-in closet. Additional Bedrooms: Generously sized with plenty of closet space. This property offers a wonderful opportunity to own a spacious and comfortable home with room to grow and personalize. A large backyard, partially landscaped. Potential for a garden, play area, or outdoor entertaining space. A must see

  20. 2025-11-29
    price $199,000 835-char remark
    Show marketing remark (835 chars)

    5 spacious bedrooms, offering plenty of room for family, guests, or a home office. 3 full bathrooms and 1 half bath, designed for convenience and comfort. The home is partially renovated, providing a blend of updated amenities and potential for further customization to suit your taste.A large living room great for entertaining or relaxing.A dining area that comfortably seats a large family or group. A family room that can serve as a cozy gathering spot or media room.Kithcen waiting for you to customizeA spacious walk-in closet.Additional Bedrooms: Generously sized with plenty of closet space. This property offers a wonderful opportunity to own a spacious and comfortable home with room to grow and personalize. A large backyard, partially landscaped. Potential for a garden, play area, or outdoor entertaining space. A must see

  21. 2025-11-17
    price $199,000 839-char remark
    Show marketing remark (839 chars)

    5 spacious bedrooms, offering plenty of room for family, guests, or a home office. 3 full bathrooms and 1 half bath, designed for convenience and comfort. The home is partially renovated, providing a blend of updated amenities and potential for further customization to suit your taste. A large living room great for entertaining or relaxing. A dining area that comfortably seats a large family or group. A family room that can serve as a cozy gathering spot or media room. Kithcen waiting for you to customizeA spacious walk-in closet. Additional Bedrooms: Generously sized with plenty of closet space. This property offers a wonderful opportunity to own a spacious and comfortable home with room to grow and personalize. A large backyard, partially landscaped. Potential for a garden, play area, or outdoor entertaining space. A must see

  22. 2025-11-08
    price $209,000 839-char remark
    Show marketing remark (839 chars)

    5 spacious bedrooms, offering plenty of room for family, guests, or a home office. 3 full bathrooms and 1 half bath, designed for convenience and comfort. The home is partially renovated, providing a blend of updated amenities and potential for further customization to suit your taste. A large living room great for entertaining or relaxing. A dining area that comfortably seats a large family or group. A family room that can serve as a cozy gathering spot or media room. Kithcen waiting for you to customizeA spacious walk-in closet. Additional Bedrooms: Generously sized with plenty of closet space. This property offers a wonderful opportunity to own a spacious and comfortable home with room to grow and personalize. A large backyard, partially landscaped. Potential for a garden, play area, or outdoor entertaining space. A must see

  23. 2025-06-15
    price $229,000 835-char remark
    Show marketing remark (839 chars)

    5 spacious bedrooms, offering plenty of room for family, guests, or a home office. 3 full bathrooms and 1 half bath, designed for convenience and comfort. The home is partially renovated, providing a blend of updated amenities and potential for further customization to suit your taste. A large living room great for entertaining or relaxing. A dining area that comfortably seats a large family or group. A family room that can serve as a cozy gathering spot or media room. Kithcen waiting for you to customizeA spacious walk-in closet. Additional Bedrooms: Generously sized with plenty of closet space. This property offers a wonderful opportunity to own a spacious and comfortable home with room to grow and personalize. A large backyard, partially landscaped. Potential for a garden, play area, or outdoor entertaining space. A must see

  24. 2025-06-15
    price $229,000 839-char remark
    Show marketing remark (839 chars)

    5 spacious bedrooms, offering plenty of room for family, guests, or a home office. 3 full bathrooms and 1 half bath, designed for convenience and comfort. The home is partially renovated, providing a blend of updated amenities and potential for further customization to suit your taste. A large living room great for entertaining or relaxing. A dining area that comfortably seats a large family or group. A family room that can serve as a cozy gathering spot or media room. Kithcen waiting for you to customizeA spacious walk-in closet. Additional Bedrooms: Generously sized with plenty of closet space. This property offers a wonderful opportunity to own a spacious and comfortable home with room to grow and personalize. A large backyard, partially landscaped. Potential for a garden, play area, or outdoor entertaining space. A must see

  25. 2025-01-10
    status Active 839-char remark
    Show marketing remark (839 chars)

    5 spacious bedrooms, offering plenty of room for family, guests, or a home office. 3 full bathrooms and 1 half bath, designed for convenience and comfort. The home is partially renovated, providing a blend of updated amenities and potential for further customization to suit your taste. A large living room great for entertaining or relaxing. A dining area that comfortably seats a large family or group. A family room that can serve as a cozy gathering spot or media room. Kithcen waiting for you to customizeA spacious walk-in closet. Additional Bedrooms: Generously sized with plenty of closet space. This property offers a wonderful opportunity to own a spacious and comfortable home with room to grow and personalize. A large backyard, partially landscaped. Potential for a garden, play area, or outdoor entertaining space. A must see

  26. 2024-12-29
    historical 839-char remark
    Show marketing remark (839 chars)

    5 spacious bedrooms, offering plenty of room for family, guests, or a home office. 3 full bathrooms and 1 half bath, designed for convenience and comfort. The home is partially renovated, providing a blend of updated amenities and potential for further customization to suit your taste. A large living room great for entertaining or relaxing. A dining area that comfortably seats a large family or group. A family room that can serve as a cozy gathering spot or media room. Kithcen waiting for you to customizeA spacious walk-in closet. Additional Bedrooms: Generously sized with plenty of closet space. This property offers a wonderful opportunity to own a spacious and comfortable home with room to grow and personalize. A large backyard, partially landscaped. Potential for a garden, play area, or outdoor entertaining space. A must see

  27. 2024-11-20
    price $249,000 835-char remark
    Show marketing remark (839 chars)

    5 spacious bedrooms, offering plenty of room for family, guests, or a home office. 3 full bathrooms and 1 half bath, designed for convenience and comfort. The home is partially renovated, providing a blend of updated amenities and potential for further customization to suit your taste. A large living room great for entertaining or relaxing. A dining area that comfortably seats a large family or group. A family room that can serve as a cozy gathering spot or media room. Kithcen waiting for you to customizeA spacious walk-in closet. Additional Bedrooms: Generously sized with plenty of closet space. This property offers a wonderful opportunity to own a spacious and comfortable home with room to grow and personalize. A large backyard, partially landscaped. Potential for a garden, play area, or outdoor entertaining space. A must see

  28. 2024-11-20
    price $249,000 839-char remark
    Show marketing remark (839 chars)

    5 spacious bedrooms, offering plenty of room for family, guests, or a home office. 3 full bathrooms and 1 half bath, designed for convenience and comfort. The home is partially renovated, providing a blend of updated amenities and potential for further customization to suit your taste. A large living room great for entertaining or relaxing. A dining area that comfortably seats a large family or group. A family room that can serve as a cozy gathering spot or media room. Kithcen waiting for you to customizeA spacious walk-in closet. Additional Bedrooms: Generously sized with plenty of closet space. This property offers a wonderful opportunity to own a spacious and comfortable home with room to grow and personalize. A large backyard, partially landscaped. Potential for a garden, play area, or outdoor entertaining space. A must see

  29. 2024-07-14
    listed $255,000 Active 835-char remark
    Show marketing remark (839 chars)

    5 spacious bedrooms, offering plenty of room for family, guests, or a home office. 3 full bathrooms and 1 half bath, designed for convenience and comfort. The home is partially renovated, providing a blend of updated amenities and potential for further customization to suit your taste. A large living room great for entertaining or relaxing. A dining area that comfortably seats a large family or group. A family room that can serve as a cozy gathering spot or media room. Kithcen waiting for you to customizeA spacious walk-in closet. Additional Bedrooms: Generously sized with plenty of closet space. This property offers a wonderful opportunity to own a spacious and comfortable home with room to grow and personalize. A large backyard, partially landscaped. Potential for a garden, play area, or outdoor entertaining space. A must see

  30. 2024-07-14
    listed $255,000 Active 839-char remark
    Show marketing remark (839 chars)

    5 spacious bedrooms, offering plenty of room for family, guests, or a home office. 3 full bathrooms and 1 half bath, designed for convenience and comfort. The home is partially renovated, providing a blend of updated amenities and potential for further customization to suit your taste. A large living room great for entertaining or relaxing. A dining area that comfortably seats a large family or group. A family room that can serve as a cozy gathering spot or media room. Kithcen waiting for you to customizeA spacious walk-in closet. Additional Bedrooms: Generously sized with plenty of closet space. This property offers a wonderful opportunity to own a spacious and comfortable home with room to grow and personalize. A large backyard, partially landscaped. Potential for a garden, play area, or outdoor entertaining space. A must see

  31. 2020-10-05
    price $284,000
  32. 2020-05-16
    listed $284,000
  33. 2011-09-06
    soldstatus $54,000
  34. 2011-06-07
    listed $55,000
  35. 2011-06-07
    listed $55,000
  36. 2010-03-26
    listed $105,000
  37. 2010-03-26
    listed $105,000
  38. 2009-07-07
    listed $170,000
  39. 2009-07-07
    listed $170,000
  40. 2008-04-15
    listed $129,000
  41. 2008-04-15
    listed $129,000
  42. 1998-06-19
    soldstatus $73,500

ⓘ 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
$2,885 · $240/mo
Projected year-2 tax
$2,885 · $240/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 8/10 Severe FEMA zone X (shaded) · 60% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 22 d/yr by 30 yrs out
  • 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$22,805
− Mortgage interest
−$10,133
− Property taxes
−$2,885
− Insurance
−$1,702
− Repairs & maintenance
−$1,824
− Management
−$1,824
− Depreciation
−$5,262
Taxable loss
−$825
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$198
After-tax cash flow
$2,244/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
Orleans Parish
NCES district ID
2201170
Math proficiency
11% ▼ -52.00%
Reading proficiency
27% ▼ -46.00%
Median HH income
$37,011
Composite
15.78/100
National rank
#9271
State rank
#69 of 98 in LA

Livability — New Orleans

Score
81/100
State rank
#3
US rank
#1383

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
New Orleans, LA
County
Orleans Parish · 338,817 people
City population
338,817
Metro
New Orleans-Metairie, LA
Population (ZIP)
23,107
Household income
$40,765
Rent vs Own
53.0% rent · 47.0% own
Severe rent burden
2030.0

Population outlook (Orleans County) Hauer SSP2

Today (2025)
513,025 people
By 2030
575,781 · +12.2%
By 2040
700,174 · +36.5%
By 2050
826,541 · +61.1%
By 2075
1,123,374 · +119.0%
By 2100
1,355,609 · +164.2%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly Black (91%)
Race & ethnicity
Black 91% Hispanic / Latino 4% Two or more races 4% White 2%
Common ancestry
Lithuanian 1% Hispanic 1%
Foreign-born
3% · Canada, Vietnam
Languages at home
96% English-only · Spanish 2%

Political lean MEDSL · Orleans

2024 margin
Solid D (+67.0) · D 82.2% · R 15.2% · Other 2.7%
2008→2024 swing
+6.7pp toward D · 2008: 60.3pp · 2024: 67.0pp
All cycles
2024: D+67.0 2020: D+68.2 2016: D+66.2 2012: D+62.5 2008: D+60.3

Not yet ingested

Civics

Market trends

HPI YoY
▼ -72.43%
Current HPI
175.4465
Rent YoY
Metro
New Orleans-Metairie, LA
State GDP YoY
▲ 3.29%
F500 in state
10

Industry mix (Fortune 500 HQ in LA)

Industry F500 HQs Revenue

Price history

+146.1% since first listed
33 events — show timeline
  • 2026-04-10 Relisted AcadianaMLS
  • 2026-04-10 Relisted GSREIN
  • 2026-03-20 Pending AcadianaMLS
  • 2026-03-20 Contingent GSREIN
  • 2026-03-15 Relisted AcadianaMLS
  • 2026-03-15 Relisted GSREIN
  • 2026-03-05 Pending AcadianaMLS
  • 2026-03-05 Contingent GSREIN
  • 2026-02-18 Price Changed $180,888 AcadianaMLS
  • 2026-02-18 Price Changed $180,888 GSREIN
  • 2025-11-29 Price Changed $199,000 AcadianaMLS
  • 2025-11-17 Price Changed $199,000 GSREIN
  • 2025-11-08 Price Changed $209,000 GSREIN
  • 2025-06-15 Price Changed $229,000 AcadianaMLS
  • 2025-06-15 Price Changed $229,000 GSREIN
  • 2025-01-10 Relisted GSREIN
  • 2024-12-29 Listing Removed GSREIN
  • 2024-11-20 Price Changed $249,000 AcadianaMLS
  • 2024-11-20 Price Changed $249,000 GSREIN
  • 2024-07-14 Listed $255,000 GSREIN
  • 2024-07-14 Listed $255,000 AcadianaMLS
  • 2020-10-05 Price Changed $284,000 GSREIN
  • 2020-05-16 Listed $284,000 AcadianaMLS
  • 2011-09-06 Sold (MLS) $54,000 GSREIN
  • 2011-06-07 Listed $55,000 AcadianaMLS
  • 2011-06-07 Listed $55,000 GSREIN
  • 2010-03-26 Listed $105,000 GSREIN
  • 2010-03-26 Listed $105,000 AcadianaMLS
  • 2009-07-07 Listed $170,000 GSREIN
  • 2009-07-07 Listed $170,000 AcadianaMLS
  • 2008-04-15 Listed $129,000 GSREIN
  • 2008-04-15 Listed $129,000 AcadianaMLS
  • 1998-06-19 Sold (Public Records) $73,500 Public Records

Property tax history

+0.6%/yr

Latest (2026): $2,885 · +1.1% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…