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4710 Marais River Dr
D+ Composite 47.6
Why this score? — see what drove the D+ 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 +16.0/30.0
  • ARV discount +7.2/15.0
  • DSCR +4.9/10.0
  • 1% rule +4.7/10.0
  • Schools +4.3/10.0
  • Condition / age +4.0/5.0
  • Livability +3.5/5.0
  • Rent growth +2.9/5.0
  • Appreciation +0.0/10.0

$234,795

4710 Marais River Dr · Slidell, LA 70461
4 bd · 2.0 ba · 1,506 sqft · SingleFamily · 144 Days on market
Built 2026 Good condition 7,710 sqft lot $156/sqft · at area comps Est $233k · at est. $62/mo HOA · 3% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome to the Hickory model, a new home in Lakeshore Villages. Inside this 4-bedroom, 2-bathroom home, you'll find 1,506 square feet of enjoyable living. Once you walk into this home, you'll see two bedrooms along with the guest bathroom. Walking down the foyer, you'll see another bedroom down a short hallway, that houses the HVAC system and the linen closet on the other side. You'll then reach the open concept living space, starting with the kitchen. The kitchen offers shaker-style cabinets, gooseneck pulldown faucets in the kitchens. The chef in your family will also enjoy the stainless-steel Frigidaire appliances, stove, microwave hood, dishwasher, single basin undermount sink. and 3 cm granite throughout. The kitchen also houses a large corner pantry, and the separate laundry room is located on the other side, creating easy access to everything. The dining room is adjacent to the kitchen, and the living room is situated nearby. This smart layout ensures that anyone in either space can always be part of the action, regardless of their location. Each bedroom is equipped with cozy carpeting and a convenient closet. Whether you need a space for entertainment, storage, hosting guests, relaxation, or fitness activities, you can count on feeling comfortable and content. The primary bedroom is in the rear of the home and has its own en suite. The primary bathroom features a double vanity with a tub/shower combo, large walk-in closet, separate linen closet, and a separate water closet. Get in touch with us now and discover your new residence today!

Key facts

  • Large corner pantry
  • 7,710 sq ft lot
  • Garage

Tags

OPEN CONCEPT LIVING SPACESHAKER-STYLE CABINETSGOOSENECK PULLDOWN FAUCETSSTAINLESS-STEEL APPLIANCESLARGE CORNER PANTRYSEPARATE LAUNDRY ROOM

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/2.0-bath single-family listed at $235k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $115 ($1k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $228k (3.0% below list).
  • Recommended offer: $207k (12.0% below list) — sets the bar for market timing.

Location & tenants

  • Location reads 70/100 on livability (#57 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities F, commute F.
  • St. Tammany Parish (suburban): math 43% / reading 55% proficiency, ranked #11 of 98 in LA (top 11%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: Rents rising (+1.7%/yr); 589 active listings in the ZIP; 17 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 1,064 units permitted in St. Tammany Parish in 2024 (0 in 5+ unit buildings).
  • This rent runs 31% of the median local income ($89k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
  • St. Tammany County population projected at +27% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 144 days — a 12% lower offer ($207k) is reasonable based on typical stale-listing flexibility.
  • 4 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
Recommended offer $206,619 (12.0% below list)

Questions for the listing agent

  1. It's been on market 144 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  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 B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
  6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  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
0.97%
Cap rate
6.88%
Cash-on-cash
2.11%
DSCR
1.09
GRM
8.6

CMA / ARV

ARV (median comp)
$233,444
List price
$234,795
Delta
0.58%
Verdict
FAIR
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
4658 Marais River Dr 0.00mi 4/2.0 1,506 (0%) 1mo $234,900 $156 99
4664 Marais River Dr 0.00mi 4/2.0 1,506 (0%) 2mo $234,900 $156 99
4670 Marais River Dr 0.00mi 4/2.0 1,506 (0%) 3mo $234,900 $156 98
4679 Marais River Dr 0.02mi 4/2.0 1,506 (0%) 2mo $229,900 $153 98
4686 Marais River Dr 0.00mi 4/2.0 1,506 (0%) 6mo $225,750 $150 95
4612 Marais River Dr 0.00mi 3/2.0 (-1) 1,392 (-8%) 1mo $229,900 $165 82
3381 Bellwick Bay Dr 0.18mi 4/2.0 1,610 (+7%) 2mo $239,900 $149 79
4426 Marais River Dr 0.28mi 3/2.0 (-1) 1,455 (-3%) 2mo $215,000 $148 75
4778 Cotton Grass Dr 0.36mi 4/2.0 1,425 (-5%) 1mo $216,900 $152 74
5477 Fornea Glen Way 0.08mi 3/2.0 (-1) 1,405 (-7%) 8mo $244,990 $174 73
3947 Seagull Cir 0.32mi 4/2.0 1,425 (-5%) 7mo $211,900 $149 71
5149 Clarkston Grove Dr 0.46mi 3/2.0 (-1) 1,613 (+7%) 6mo $214,000 $133 57

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 · 1.72% rent growth · sell at horizon

5-year hold
IRR
-14.4%
Equity multiple
0.49×
Total profit
$-33,516
Equity at exit
$35,009
10-year hold
IRR
-8.0%
Equity multiple
0.53×
Total profit
$-31,008
Equity at exit
$20,301

Cash invested: $65,743 (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 70461

Home prices YoY
-33.0%
Rents YoY
1.7%
Active inventory
589
Price-to-rent
8.6×

Monthly cashflow live

Estimated rent
$2,279 high interval (Pro) →
Mortgage (P&I)
$1,231
Tax est. 1.5%
$293 /mo · $3,522/yr
Insurance
$98
HOA
$62
Vacancy / Maint / Mgmt
$479
Net cashflow
$115

Break-even live

Break-even rent $2,132
Max offer price $234,795
Occupancy floor 90%

Sensitivity live

Price -10% $278 -5% $197 +0% $115 +5% $34 +10% $-47
Rent -10% $-65 -5% $25 +0% $115 +5% $205 +10% $296
Rate -1.0pp $234 -0.5pp $175 base $115 +0.5pp $55 +1.0pp $-7

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
$58,699
Closing costs
$7,044
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.

Rent comps 17 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
713 Lakeshore Vlg E Slidell, LA 3.0 2.0 1563 $2,100 $1.34 44d 1 0.23mi
7535 1st Lake Dr Slidell, LA 3.0 2.0 1564 $2,195 $1.40 17d 1 0.26mi
3635 Trestle Crossing Ave Slidell, LA 4.0 3.0 2208 $2,600 $1.18 44d 1 0.30mi
200 Long St Slidell, LA 2.0–4.0 2.0 1112 $1,539 $1.38 2d 1 0.36mi
5579 Grand Springs Rd Slidell, LA 4.0 2.0 1867 $2,200 $1.18 44d 1 0.37mi
5169 Clarkston Grove Dr Slidell, LA 4.0 3.0 2107 $2,250 $1.07 17d 1 0.41mi
289 Grand Isle Ct Slidell, LA 4.0 2.0 1980 $2,300 $1.16 24d 1 0.67mi
289 Grand Isle Ct Slidell, LA 4.0 2.0 1980 $2,300 $1.16 44d 1 0.67mi
479 Lakeshore Vlg E Slidell, LA 4.0 2.0 1893 $2,400 $1.27 24d 1 0.76mi
109 Oak Landing Ln Slidell, LA 4.0 2.0 1884 $2,350 $1.25 17d 1 0.77mi
408 Lakeshore Vlg E Slidell, LA 3.0 2.0 1785 $2,395 $1.34 12d 1 0.92mi
5225 Summer Pecan Rd Slidell, LA 4.0 2.0 2079 $2,300 $1.11 24d 1 1.10mi
3604 Spruce Key Ln Slidell, LA 3.0–4.0 2.0 1539 $2,610 $1.70 45d 1 1.10mi
3604 Spruce Key Ln Slidell, LA 3.0–4.0 2.0 1586 $2,510 $1.58 2d 14 1.10mi
3616 Spruce Key Ln Slidell, LA 3.0 2.0 1635 $2,395 $1.46 2d 1 1.14mi
5265 Summer Pecan Rd Slidell, LA 4.0 2.0 1647 $2,300 $1.40 2d 1 1.19mi
301 Lakeshore Blvd N Slidell, LA 1.0–4.0 1.0–2.0 1134 $1,699 $1.50 2d 1 1.45mi

HOA detail

Monthly dues
$62 · $744/yr
Likely covers
water

Listing history 10 events

  1. 2026-05-15
    status Pending 1570-char remark
    Show marketing remark (1594 chars)

    Welcome to the Hickory model, a new home in Lakeshore Villages. Inside this 4-bedroom, 2-bathroom home, you’ll find 1,506 square feet of enjoyable living. Once you walk into this home, you’ll see two bedrooms along with the guest bathroom. Walking down the foyer, you’ll see another bedroom down a short hallway, that houses the HVAC system and the linen closet on the other side. You’ll then reach the open concept living space, starting with the kitchen. The kitchen offers shaker-style cabinets, gooseneck pulldown faucets in the kitchens. The chef in your family will also enjoy the stainless-steel Frigidaire appliances, stove, microwave hood, dishwasher, single basin undermount sink. and 3 cm granite throughout. The kitchen also houses a large corner pantry, and the separate laundry room is located on the other side, creating easy access to everything. The dining room is adjacent to the kitchen, and the living room is situated nearby. This smart layout ensures that anyone in either space can always be part of the action, regardless of their location. Each bedroom is equipped with cozy carpeting and a convenient closet. Whether you need a space for entertainment, storage, hosting guests, relaxation, or fitness activities, you can count on feeling comfortable and content. The primary bedroom is in the rear of the home and has its own en suite. The primary bathroom features a double vanity with a tub/shower combo, large walk-in closet, separate linen closet, and a separate water closet. Get in touch with us now and discover your new residence today!

  2. 2026-05-15
    status Pending 1594-char remark
    Show marketing remark (1594 chars)

    Welcome to the Hickory model, a new home in Lakeshore Villages. Inside this 4-bedroom, 2-bathroom home, you’ll find 1,506 square feet of enjoyable living. Once you walk into this home, you’ll see two bedrooms along with the guest bathroom. Walking down the foyer, you’ll see another bedroom down a short hallway, that houses the HVAC system and the linen closet on the other side. You’ll then reach the open concept living space, starting with the kitchen. The kitchen offers shaker-style cabinets, gooseneck pulldown faucets in the kitchens. The chef in your family will also enjoy the stainless-steel Frigidaire appliances, stove, microwave hood, dishwasher, single basin undermount sink. and 3 cm granite throughout. The kitchen also houses a large corner pantry, and the separate laundry room is located on the other side, creating easy access to everything. The dining room is adjacent to the kitchen, and the living room is situated nearby. This smart layout ensures that anyone in either space can always be part of the action, regardless of their location. Each bedroom is equipped with cozy carpeting and a convenient closet. Whether you need a space for entertainment, storage, hosting guests, relaxation, or fitness activities, you can count on feeling comfortable and content. The primary bedroom is in the rear of the home and has its own en suite. The primary bathroom features a double vanity with a tub/shower combo, large walk-in closet, separate linen closet, and a separate water closet. Get in touch with us now and discover your new residence today!

  3. 2026-04-20
    status Active 1570-char remark
    Show marketing remark (1594 chars)

    Welcome to the Hickory model, a new home in Lakeshore Villages. Inside this 4-bedroom, 2-bathroom home, you’ll find 1,506 square feet of enjoyable living. Once you walk into this home, you’ll see two bedrooms along with the guest bathroom. Walking down the foyer, you’ll see another bedroom down a short hallway, that houses the HVAC system and the linen closet on the other side. You’ll then reach the open concept living space, starting with the kitchen. The kitchen offers shaker-style cabinets, gooseneck pulldown faucets in the kitchens. The chef in your family will also enjoy the stainless-steel Frigidaire appliances, stove, microwave hood, dishwasher, single basin undermount sink. and 3 cm granite throughout. The kitchen also houses a large corner pantry, and the separate laundry room is located on the other side, creating easy access to everything. The dining room is adjacent to the kitchen, and the living room is situated nearby. This smart layout ensures that anyone in either space can always be part of the action, regardless of their location. Each bedroom is equipped with cozy carpeting and a convenient closet. Whether you need a space for entertainment, storage, hosting guests, relaxation, or fitness activities, you can count on feeling comfortable and content. The primary bedroom is in the rear of the home and has its own en suite. The primary bathroom features a double vanity with a tub/shower combo, large walk-in closet, separate linen closet, and a separate water closet. Get in touch with us now and discover your new residence today!

  4. 2026-04-20
    price $234,795 1570-char remark
    Show marketing remark (1594 chars)

    Welcome to the Hickory model, a new home in Lakeshore Villages. Inside this 4-bedroom, 2-bathroom home, you’ll find 1,506 square feet of enjoyable living. Once you walk into this home, you’ll see two bedrooms along with the guest bathroom. Walking down the foyer, you’ll see another bedroom down a short hallway, that houses the HVAC system and the linen closet on the other side. You’ll then reach the open concept living space, starting with the kitchen. The kitchen offers shaker-style cabinets, gooseneck pulldown faucets in the kitchens. The chef in your family will also enjoy the stainless-steel Frigidaire appliances, stove, microwave hood, dishwasher, single basin undermount sink. and 3 cm granite throughout. The kitchen also houses a large corner pantry, and the separate laundry room is located on the other side, creating easy access to everything. The dining room is adjacent to the kitchen, and the living room is situated nearby. This smart layout ensures that anyone in either space can always be part of the action, regardless of their location. Each bedroom is equipped with cozy carpeting and a convenient closet. Whether you need a space for entertainment, storage, hosting guests, relaxation, or fitness activities, you can count on feeling comfortable and content. The primary bedroom is in the rear of the home and has its own en suite. The primary bathroom features a double vanity with a tub/shower combo, large walk-in closet, separate linen closet, and a separate water closet. Get in touch with us now and discover your new residence today!

  5. 2026-04-20
    status Active 1594-char remark
    Show marketing remark (1594 chars)

    Welcome to the Hickory model, a new home in Lakeshore Villages. Inside this 4-bedroom, 2-bathroom home, you’ll find 1,506 square feet of enjoyable living. Once you walk into this home, you’ll see two bedrooms along with the guest bathroom. Walking down the foyer, you’ll see another bedroom down a short hallway, that houses the HVAC system and the linen closet on the other side. You’ll then reach the open concept living space, starting with the kitchen. The kitchen offers shaker-style cabinets, gooseneck pulldown faucets in the kitchens. The chef in your family will also enjoy the stainless-steel Frigidaire appliances, stove, microwave hood, dishwasher, single basin undermount sink. and 3 cm granite throughout. The kitchen also houses a large corner pantry, and the separate laundry room is located on the other side, creating easy access to everything. The dining room is adjacent to the kitchen, and the living room is situated nearby. This smart layout ensures that anyone in either space can always be part of the action, regardless of their location. Each bedroom is equipped with cozy carpeting and a convenient closet. Whether you need a space for entertainment, storage, hosting guests, relaxation, or fitness activities, you can count on feeling comfortable and content. The primary bedroom is in the rear of the home and has its own en suite. The primary bathroom features a double vanity with a tub/shower combo, large walk-in closet, separate linen closet, and a separate water closet. Get in touch with us now and discover your new residence today!

  6. 2026-04-20
    price $234,795 1594-char remark
    Show marketing remark (1594 chars)

    Welcome to the Hickory model, a new home in Lakeshore Villages. Inside this 4-bedroom, 2-bathroom home, you’ll find 1,506 square feet of enjoyable living. Once you walk into this home, you’ll see two bedrooms along with the guest bathroom. Walking down the foyer, you’ll see another bedroom down a short hallway, that houses the HVAC system and the linen closet on the other side. You’ll then reach the open concept living space, starting with the kitchen. The kitchen offers shaker-style cabinets, gooseneck pulldown faucets in the kitchens. The chef in your family will also enjoy the stainless-steel Frigidaire appliances, stove, microwave hood, dishwasher, single basin undermount sink. and 3 cm granite throughout. The kitchen also houses a large corner pantry, and the separate laundry room is located on the other side, creating easy access to everything. The dining room is adjacent to the kitchen, and the living room is situated nearby. This smart layout ensures that anyone in either space can always be part of the action, regardless of their location. Each bedroom is equipped with cozy carpeting and a convenient closet. Whether you need a space for entertainment, storage, hosting guests, relaxation, or fitness activities, you can count on feeling comfortable and content. The primary bedroom is in the rear of the home and has its own en suite. The primary bathroom features a double vanity with a tub/shower combo, large walk-in closet, separate linen closet, and a separate water closet. Get in touch with us now and discover your new residence today!

  7. 2026-03-25
    status Pending 1570-char remark
    Show marketing remark (1594 chars)

    Welcome to the Hickory model, a new home in Lakeshore Villages. Inside this 4-bedroom, 2-bathroom home, you’ll find 1,506 square feet of enjoyable living. Once you walk into this home, you’ll see two bedrooms along with the guest bathroom. Walking down the foyer, you’ll see another bedroom down a short hallway, that houses the HVAC system and the linen closet on the other side. You’ll then reach the open concept living space, starting with the kitchen. The kitchen offers shaker-style cabinets, gooseneck pulldown faucets in the kitchens. The chef in your family will also enjoy the stainless-steel Frigidaire appliances, stove, microwave hood, dishwasher, single basin undermount sink. and 3 cm granite throughout. The kitchen also houses a large corner pantry, and the separate laundry room is located on the other side, creating easy access to everything. The dining room is adjacent to the kitchen, and the living room is situated nearby. This smart layout ensures that anyone in either space can always be part of the action, regardless of their location. Each bedroom is equipped with cozy carpeting and a convenient closet. Whether you need a space for entertainment, storage, hosting guests, relaxation, or fitness activities, you can count on feeling comfortable and content. The primary bedroom is in the rear of the home and has its own en suite. The primary bathroom features a double vanity with a tub/shower combo, large walk-in closet, separate linen closet, and a separate water closet. Get in touch with us now and discover your new residence today!

  8. 2026-03-25
    status Pending 1594-char remark
    Show marketing remark (1594 chars)

    Welcome to the Hickory model, a new home in Lakeshore Villages. Inside this 4-bedroom, 2-bathroom home, you’ll find 1,506 square feet of enjoyable living. Once you walk into this home, you’ll see two bedrooms along with the guest bathroom. Walking down the foyer, you’ll see another bedroom down a short hallway, that houses the HVAC system and the linen closet on the other side. You’ll then reach the open concept living space, starting with the kitchen. The kitchen offers shaker-style cabinets, gooseneck pulldown faucets in the kitchens. The chef in your family will also enjoy the stainless-steel Frigidaire appliances, stove, microwave hood, dishwasher, single basin undermount sink. and 3 cm granite throughout. The kitchen also houses a large corner pantry, and the separate laundry room is located on the other side, creating easy access to everything. The dining room is adjacent to the kitchen, and the living room is situated nearby. This smart layout ensures that anyone in either space can always be part of the action, regardless of their location. Each bedroom is equipped with cozy carpeting and a convenient closet. Whether you need a space for entertainment, storage, hosting guests, relaxation, or fitness activities, you can count on feeling comfortable and content. The primary bedroom is in the rear of the home and has its own en suite. The primary bathroom features a double vanity with a tub/shower combo, large walk-in closet, separate linen closet, and a separate water closet. Get in touch with us now and discover your new residence today!

  9. 2025-11-26
    listed $232,900 Active 1570-char remark
    Show marketing remark (1594 chars)

    Welcome to the Hickory model, a new home in Lakeshore Villages. Inside this 4-bedroom, 2-bathroom home, you’ll find 1,506 square feet of enjoyable living. Once you walk into this home, you’ll see two bedrooms along with the guest bathroom. Walking down the foyer, you’ll see another bedroom down a short hallway, that houses the HVAC system and the linen closet on the other side. You’ll then reach the open concept living space, starting with the kitchen. The kitchen offers shaker-style cabinets, gooseneck pulldown faucets in the kitchens. The chef in your family will also enjoy the stainless-steel Frigidaire appliances, stove, microwave hood, dishwasher, single basin undermount sink. and 3 cm granite throughout. The kitchen also houses a large corner pantry, and the separate laundry room is located on the other side, creating easy access to everything. The dining room is adjacent to the kitchen, and the living room is situated nearby. This smart layout ensures that anyone in either space can always be part of the action, regardless of their location. Each bedroom is equipped with cozy carpeting and a convenient closet. Whether you need a space for entertainment, storage, hosting guests, relaxation, or fitness activities, you can count on feeling comfortable and content. The primary bedroom is in the rear of the home and has its own en suite. The primary bathroom features a double vanity with a tub/shower combo, large walk-in closet, separate linen closet, and a separate water closet. Get in touch with us now and discover your new residence today!

  10. 2025-11-26
    listed $232,900 Active 1594-char remark
    Show marketing remark (1594 chars)

    Welcome to the Hickory model, a new home in Lakeshore Villages. Inside this 4-bedroom, 2-bathroom home, you’ll find 1,506 square feet of enjoyable living. Once you walk into this home, you’ll see two bedrooms along with the guest bathroom. Walking down the foyer, you’ll see another bedroom down a short hallway, that houses the HVAC system and the linen closet on the other side. You’ll then reach the open concept living space, starting with the kitchen. The kitchen offers shaker-style cabinets, gooseneck pulldown faucets in the kitchens. The chef in your family will also enjoy the stainless-steel Frigidaire appliances, stove, microwave hood, dishwasher, single basin undermount sink. and 3 cm granite throughout. The kitchen also houses a large corner pantry, and the separate laundry room is located on the other side, creating easy access to everything. The dining room is adjacent to the kitchen, and the living room is situated nearby. This smart layout ensures that anyone in either space can always be part of the action, regardless of their location. Each bedroom is equipped with cozy carpeting and a convenient closet. Whether you need a space for entertainment, storage, hosting guests, relaxation, or fitness activities, you can count on feeling comfortable and content. The primary bedroom is in the rear of the home and has its own en suite. The primary bathroom features a double vanity with a tub/shower combo, large walk-in closet, separate linen closet, and a separate water closet. Get in touch with us now and discover your new residence today!

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

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$27,343
− Mortgage interest
−$13,152
− Property taxes
−$3,522
− Insurance
−$1,174
− Repairs & maintenance
−$2,187
− Management
−$2,187
− HOA
−$744
− Depreciation
−$6,830
Taxable loss
−$2,454
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$589
After-tax cash flow
$1,975/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.

Condition & rehab AI · 12 photos

Good 80/100 None rehab

This home is in excellent condition with new finishes and appliances, making it a great investment for both resale and rental markets.

Value-add opportunities

  • Resale Paint exterior shutters — Enhances curb appeal and value.
  • Rental Clean gutters — Keeps property in good condition and reduces maintenance costs.

Renovation cost estimate screening

Value-add ROI direction

  • Resale Paint exterior shutters — Enhances curb appeal and value.
  • Rental Clean gutters — Keeps property in good condition and reduces maintenance costs.

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

District
St. Tammany Parish
NCES district ID
2201650
Math proficiency
43% ▼ -32.00%
Reading proficiency
55% ▼ -26.00%
Median HH income
$61,752
Composite
43.04/100
National rank
#3098
State rank
#11 of 98 in LA

Livability — Slidell

Score
70/100
State rank
#57
US rank
#7673

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Saint Tammany Parish · 228,296 people
City population
95,511
Metro
New Orleans-Metairie, LA
Population (ZIP)
34,808
Household income
$89,003
Rent vs Own
23.1% rent · 76.9% own
Severe rent burden
328.0

Population outlook (St. Tammany County) Hauer SSP2

Today (2025)
286,725 people
By 2030
304,175 · +6.1%
By 2040
336,203 · +17.3%
By 2050
364,590 · +27.2%
By 2075
433,362 · +51.1%
By 2100
470,333 · +64.0%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.63)
Race & ethnicity
White 55% Black 24% Two or more races 14% Hispanic / Latino 11% Asian 3%
Hispanic origin (detail)
Common ancestry
Lithuanian 9% Italian 1% Romanian 1%
Foreign-born
8% · Canada, China, Vietnam
Languages at home
89% English-only · Spanish 7% Chinese 1% Vietnamese 1%

Political lean MEDSL · St. Tammany

2024 margin
Solid R (+43.8) · D 27.3% · R 71.1% · Other 1.6%
2008→2024 swing
+9.6pp toward D · 2008: -53.4pp · 2024: -43.8pp
All cycles
2024: R+43.8 2020: R+44.2 2016: R+50.8 2012: R+52.2 2008: R+53.4

Not yet ingested

Civics

Market trends

HPI YoY
▼ -74.47%
Current HPI
151.3353
Rent YoY
▲ 1.72%
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

+0.8% since first listed
10 events — show timeline
  • 2026-05-15 Pending AcadianaMLS
  • 2026-05-15 Pending GSREIN
  • 2026-04-20 Relisted AcadianaMLS
  • 2026-04-20 Price Changed $234,795 AcadianaMLS
  • 2026-04-20 Relisted GSREIN
  • 2026-04-20 Price Changed $234,795 GSREIN
  • 2026-03-25 Pending AcadianaMLS
  • 2026-03-25 Pending GSREIN
  • 2025-11-26 Listed $232,900 GSREIN
  • 2025-11-26 Listed $232,900 AcadianaMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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