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5201 Saint Roch Ave Multi-family
B- Composite 67.98
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 +30.0/30.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • ARV discount +7.5/15.0
  • Livability +4.0/5.0
  • Condition / age +2.5/5.0
  • Rent growth +2.3/5.0
  • Schools +1.6/10.0
  • Appreciation +0.0/10.0

$120,000

5201 Saint Roch Ave · New Orleans, LA 70122
4 bd · 2.0 ba · 2,052 sqft · MultiFamily public records · 406 Days on market
Built 1981 4,800 sqft lot $58/sqft · 71% below area

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 1 unit. estimate disagrees with records

Listing remarks MLS

NEW LOW PRICE! 3 Bedroom / 2 Full Bath home located on corner lot in the Gentilly Terrace. The subject has fully grown trees in front and along the street, which provide lots of shade and create a peaceful setting. This home features an open living area, huge primary bedroom and closet, attached garage, and additional parking in the driveway. The location is just one block from a park/playground with tennis courts! The house has a slab differential and will need some misc. repairs. Sold in As-Is condition. Won't last long! Call your agent today to schedule your private showing!

Key facts

  • One block from park
  • Tennis courts
  • Fully grown trees

Tags

CORNER LOTFULLY GROWN TREESOPEN LIVING AREAONE BLOCK FROM PARKTENNIS COURTS

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 multifamily listed at $120k.

Deal economics

  • At list price, monthly cash flow is $833 ($10k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $120k).
  • Recommended offer: $106k (12.0% below list) — sets the bar for market timing.
  • Cap rate 15.3% 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: Rents soft (-0.6%/yr); 332 active listings in the ZIP; 22 comparable units currently listed for rent nearby; rentals at typical pace (median 20d on market — plan ~3-4 weeks tenant-placement turnaround); 710 units permitted in Orleans Parish in 2024 (244 in 5+ unit buildings).
  • At $2,268/mo this rent would consume 55% of the median local household income ($49k/yr) (locally 2150% 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 $830 of loan paydown is wiped out by about $4k 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.
  • At projected returns (-3.0% appreciation + 0.0% rent growth), your $34k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 406 days — a 12% lower offer ($106k) is reasonable based on typical stale-listing flexibility.
  • 20 sale attempts since 22y ago; this cycle's ask has dropped $45k (27%) from the opening price — seller is motivated, your offer sets the floor, not the list.

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→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $105,600 (12.0% below list)

Questions for the listing agent

  1. It's been on market 406 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 apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

1% rule
1.89%
Cap rate
15.29%
Cash-on-cash
32.12%
DSCR
2.43
GRM
4.4

CMA / ARV

ARV (median comp)
$290,534
List price
$120,000
Delta
-58.70%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 11 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
4949 -51 Arts St 0.21mi 4/2.0 2,000 (-2%) 13mo $270,000 $135 75
6025-27 Mandeville St 0.61mi 4/2.0 2,052 (0%) 3mo $260,000 $127 69
5219 Spain St 0.07mi 3/2.0 (-1) 1,827 (-11%) 9mo $85,000 $47 66
5627 25 Spain St 0.31mi 4/4.0 2,122 (+3%) 10mo $275,000 $130 64
5523 25 Elysian Fields Ave 0.35mi 4/2.0 1,908 (-7%) 10mo $210,000 $110 63
5328 Eastern St 0.49mi 4/2.0 1,770 (-14%) 5mo $175,000 $99 50
4616-18 Marigny St 0.51mi 4/2.0 2,340 (+14%) 4mo $290,000 $124 50
2507-09 Dreux Ave 0.17mi 4/2.0 1,768 (-14%) 24mo $170,000 $96 49
4915 17 Eastern St 0.56mi 4/2.0 1,950 (-5%) 21mo $217,000 $111 48
4768 Lafaye St 0.46mi 4/2.0 1,850 (-10%) 22mo $315,000 $170 44
5305 Wingate Dr 0.71mi 5/3.0 (+1) 1,800 (-12%) 3mo $100,000 $56 35

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 · 0.0% rent growth · sell at horizon

5-year hold
IRR
20.6%
Equity multiple
1.81×
Total profit
$27,073
Equity at exit
$17,892
10-year hold
IRR
26.5%
Equity multiple
2.98×
Total profit
$66,661
Equity at exit
$10,375

Cash invested: $33,600 (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 70122

Rents YoY
-0.6%
Active inventory
332
Price-to-rent
4.4×

Monthly cashflow live

Estimated rent
$2,268 high interval (Pro) →
Mortgage (P&I)
$629
Tax from tax record
$213 /mo · $2,559/yr
Insurance
$50
Flood insurance flood zone
−$66 /mo · $798/yr
HOA
$0
Vacancy / Maint / Mgmt
$476
Net cashflow
$833

Break-even live

Break-even rent $1,214
Max offer price $120,000
Occupancy floor 58%

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
$30,000
Closing costs
$3,600
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 22 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
5172 Venus St Unit 5172 New Orleans, LA 3.0 2.5 1864 $2,450 $1.31 23d 1 0.17mi
2458 Athis St New Orleans, LA 4.0 2.0 1530 $2,200 $1.44 23d 1 0.42mi
4767 Lafaye St New Orleans, LA 3.0 2.0 1469 $2,000 $1.36 23d 1 0.46mi
3570 Gentilly Blvd New Orleans, LA 3.0 2.0 2390 $2,900 $1.21 43d 1 0.66mi
6010 Pasteur Blvd New Orleans, LA 4.0 3.0 2010 $2,600 $1.29 17d 1 0.74mi
5550 Press Dr New Orleans, LA 3.0 2.0 1640 $2,000 $1.22 16d 1 0.81mi
6329 Spain St New Orleans, LA 3.0 2.0 1545 $2,100 $1.36 16d 1 0.84mi
6079 Saint Anthony Ave New Orleans, LA 3.0 2.0 1400 $2,400 $1.71 16d 1 0.87mi
4815 Warrington Dr New Orleans, LA 3.0 2.0 1652 $2,150 $1.30 16d 1 0.87mi
6217 Curie St New Orleans, LA 3.0 2.0 1700 $1,500 $0.88 23d 1 0.90mi
1903 Rosary Dr New Orleans, LA 3.0 2.0 1500 $1,800 $1.20 23d 1 0.94mi
1940 Allen Toussaint Blvd Unit 1940 New Orleans, LA 3.0 2.0 1500 $1,600 $1.07 23d 1 0.94mi
1940 Allen Toussaint Blvd New Orleans, LA 3.0 2.0 1500 $1,550 $1.03 11d 1 0.94mi
5716 Warrington Dr New Orleans, LA 4.0 3.0 1560 $2,000 $1.28 17d 1 0.94mi
3907 Elysian Fields Ave New Orleans, LA 3.0 2.0 1652 $3,000 $1.82 23d 1 0.98mi
6416 Baccich St New Orleans, LA 3.0 2.0 1908 $2,500 $1.31 43d 1 0.99mi
5900 Chatham Dr New Orleans, LA 3.0 2.0 1864 $2,500 $1.34 3d 1 1.18mi
2647 Myrtle St Unit 2647 New Orleans, LA 4.0 2.0 1445 $2,550 $1.76 43d 1 1.19mi
5024 Paris Ave New Orleans, LA 4.0 3.0 2116 $3,000 $1.42 16d 1 1.21mi
5925 Pauline Dr New Orleans, LA 3.0 2.0 1566 $2,325 $1.48 16d 1 1.38mi
2739 Bay St Unit B New Orleans, LA 4.0 2.0 1400 $1,800 $1.29 20d 1 1.39mi
3607 Havana St New Orleans, LA 3.0 2.0 1693 $1,488 $0.88 17d 1 1.49mi

Listing history 50 events

  1. 2026-06-18
    days on market $120,000 Active 406 DOM
  2. 2026-06-17
    days on market $120,000 Active 405 DOM
  3. 2026-06-16
    days on market $120,000 Active 404 DOM
  4. 2026-06-15
    days on market $120,000 Active 403 DOM
  5. 2026-06-13
    days on market $120,000 Active 401 DOM
  6. 2026-06-10
    days on market $120,000 Active 398 DOM
  7. 2026-06-09
    days on market $120,000 Active 397 DOM
  8. 2026-06-08
    days on market $120,000 Active 396 DOM
  9. 2026-06-07
    days on market $120,000 Active 395 DOM
  10. 2026-06-05
    days on market $120,000 Active 392 DOM
  11. 2026-06-03
    days on market $120,000 Active 391 DOM
  12. 2026-06-02
    days on market $120,000 Active 390 DOM
  13. 2026-06-01
    days on market $120,000 Active 389 DOM
  14. 2026-05-31
    days on market $120,000 Active 388 DOM
  15. 2026-05-14
    price $120,000 584-char remark
    Show marketing remark (586 chars)

    NEW LOW PRICE! 3 Bedroom / 2 Full Bath home located on corner lot in the Gentilly Terrace. The subject has fully grown trees in front and along the street, which provide lots of shade and create a peaceful setting. This home features an open living area, huge primary bedroom and closet, attached garage, and additional parking in the driveway. The location is just one block from a park/playground with tennis courts! The house has a slab differential and will need some misc. repairs. Sold in As-Is condition. Won't last long! Call your agent today to schedule your private showing!

  16. 2026-05-14
    price $120,000 586-char remark
    Show marketing remark (586 chars)

    NEW LOW PRICE! 3 Bedroom / 2 Full Bath home located on corner lot in the Gentilly Terrace. The subject has fully grown trees in front and along the street, which provide lots of shade and create a peaceful setting. This home features an open living area, huge primary bedroom and closet, attached garage, and additional parking in the driveway. The location is just one block from a park/playground with tennis courts! The house has a slab differential and will need some misc. repairs. Sold in As-Is condition. Won't last long! Call your agent today to schedule your private showing!

  17. 2026-02-27
    price $140,000 584-char remark
    Show marketing remark (586 chars)

    NEW LOW PRICE! 3 Bedroom / 2 Full Bath home located on corner lot in the Gentilly Terrace. The subject has fully grown trees in front and along the street, which provide lots of shade and create a peaceful setting. This home features an open living area, huge primary bedroom and closet, attached garage, and additional parking in the driveway. The location is just one block from a park/playground with tennis courts! The house has a slab differential and will need some misc. repairs. Sold in As-Is condition. Won't last long! Call your agent today to schedule your private showing!

  18. 2026-02-27
    price $140,000 586-char remark
    Show marketing remark (586 chars)

    NEW LOW PRICE! 3 Bedroom / 2 Full Bath home located on corner lot in the Gentilly Terrace. The subject has fully grown trees in front and along the street, which provide lots of shade and create a peaceful setting. This home features an open living area, huge primary bedroom and closet, attached garage, and additional parking in the driveway. The location is just one block from a park/playground with tennis courts! The house has a slab differential and will need some misc. repairs. Sold in As-Is condition. Won't last long! Call your agent today to schedule your private showing!

  19. 2026-01-21
    price $155,000 584-char remark
    Show marketing remark (586 chars)

    NEW LOW PRICE! 3 Bedroom / 2 Full Bath home located on corner lot in the Gentilly Terrace. The subject has fully grown trees in front and along the street, which provide lots of shade and create a peaceful setting. This home features an open living area, huge primary bedroom and closet, attached garage, and additional parking in the driveway. The location is just one block from a park/playground with tennis courts! The house has a slab differential and will need some misc. repairs. Sold in As-Is condition. Won't last long! Call your agent today to schedule your private showing!

  20. 2026-01-21
    price $155,000 586-char remark
    Show marketing remark (586 chars)

    NEW LOW PRICE! 3 Bedroom / 2 Full Bath home located on corner lot in the Gentilly Terrace. The subject has fully grown trees in front and along the street, which provide lots of shade and create a peaceful setting. This home features an open living area, huge primary bedroom and closet, attached garage, and additional parking in the driveway. The location is just one block from a park/playground with tennis courts! The house has a slab differential and will need some misc. repairs. Sold in As-Is condition. Won't last long! Call your agent today to schedule your private showing!

  21. 2025-12-09
    status Active 586-char remark
    Show marketing remark (586 chars)

    NEW LOW PRICE! 3 Bedroom / 2 Full Bath home located on corner lot in the Gentilly Terrace. The subject has fully grown trees in front and along the street, which provide lots of shade and create a peaceful setting. This home features an open living area, huge primary bedroom and closet, attached garage, and additional parking in the driveway. The location is just one block from a park/playground with tennis courts! The house has a slab differential and will need some misc. repairs. Sold in As-Is condition. Won't last long! Call your agent today to schedule your private showing!

  22. 2025-12-02
    historical 586-char remark
    Show marketing remark (586 chars)

    NEW LOW PRICE! 3 Bedroom / 2 Full Bath home located on corner lot in the Gentilly Terrace. The subject has fully grown trees in front and along the street, which provide lots of shade and create a peaceful setting. This home features an open living area, huge primary bedroom and closet, attached garage, and additional parking in the driveway. The location is just one block from a park/playground with tennis courts! The house has a slab differential and will need some misc. repairs. Sold in As-Is condition. Won't last long! Call your agent today to schedule your private showing!

  23. 2025-09-23
    price $165,000 584-char remark
    Show marketing remark (586 chars)

    NEW LOW PRICE! 3 Bedroom / 2 Full Bath home located on corner lot in the Gentilly Terrace. The subject has fully grown trees in front and along the street, which provide lots of shade and create a peaceful setting. This home features an open living area, huge primary bedroom and closet, attached garage, and additional parking in the driveway. The location is just one block from a park/playground with tennis courts! The house has a slab differential and will need some misc. repairs. Sold in As-Is condition. Won't last long! Call your agent today to schedule your private showing!

  24. 2025-09-23
    price $165,000 586-char remark
    Show marketing remark (586 chars)

    NEW LOW PRICE! 3 Bedroom / 2 Full Bath home located on corner lot in the Gentilly Terrace. The subject has fully grown trees in front and along the street, which provide lots of shade and create a peaceful setting. This home features an open living area, huge primary bedroom and closet, attached garage, and additional parking in the driveway. The location is just one block from a park/playground with tennis courts! The house has a slab differential and will need some misc. repairs. Sold in As-Is condition. Won't last long! Call your agent today to schedule your private showing!

  25. 2025-08-29
    status Active 586-char remark
    Show marketing remark (586 chars)

    NEW LOW PRICE! 3 Bedroom / 2 Full Bath home located on corner lot in the Gentilly Terrace. The subject has fully grown trees in front and along the street, which provide lots of shade and create a peaceful setting. This home features an open living area, huge primary bedroom and closet, attached garage, and additional parking in the driveway. The location is just one block from a park/playground with tennis courts! The house has a slab differential and will need some misc. repairs. Sold in As-Is condition. Won't last long! Call your agent today to schedule your private showing!

  26. 2025-08-29
    historical 586-char remark
    Show marketing remark (586 chars)

    NEW LOW PRICE! 3 Bedroom / 2 Full Bath home located on corner lot in the Gentilly Terrace. The subject has fully grown trees in front and along the street, which provide lots of shade and create a peaceful setting. This home features an open living area, huge primary bedroom and closet, attached garage, and additional parking in the driveway. The location is just one block from a park/playground with tennis courts! The house has a slab differential and will need some misc. repairs. Sold in As-Is condition. Won't last long! Call your agent today to schedule your private showing!

  27. 2025-07-05
    price $175,000 584-char remark
    Show marketing remark (586 chars)

    NEW LOW PRICE! 3 Bedroom / 2 Full Bath home located on corner lot in the Gentilly Terrace. The subject has fully grown trees in front and along the street, which provide lots of shade and create a peaceful setting. This home features an open living area, huge primary bedroom and closet, attached garage, and additional parking in the driveway. The location is just one block from a park/playground with tennis courts! The house has a slab differential and will need some misc. repairs. Sold in As-Is condition. Won't last long! Call your agent today to schedule your private showing!

  28. 2025-07-05
    price $175,000 586-char remark
    Show marketing remark (586 chars)

    NEW LOW PRICE! 3 Bedroom / 2 Full Bath home located on corner lot in the Gentilly Terrace. The subject has fully grown trees in front and along the street, which provide lots of shade and create a peaceful setting. This home features an open living area, huge primary bedroom and closet, attached garage, and additional parking in the driveway. The location is just one block from a park/playground with tennis courts! The house has a slab differential and will need some misc. repairs. Sold in As-Is condition. Won't last long! Call your agent today to schedule your private showing!

  29. 2025-04-29
    listed $185,000 Active 584-char remark
    Show marketing remark (586 chars)

    NEW LOW PRICE! 3 Bedroom / 2 Full Bath home located on corner lot in the Gentilly Terrace. The subject has fully grown trees in front and along the street, which provide lots of shade and create a peaceful setting. This home features an open living area, huge primary bedroom and closet, attached garage, and additional parking in the driveway. The location is just one block from a park/playground with tennis courts! The house has a slab differential and will need some misc. repairs. Sold in As-Is condition. Won't last long! Call your agent today to schedule your private showing!

  30. 2025-04-29
    listed $185,000 Active 586-char remark
    Show marketing remark (586 chars)

    NEW LOW PRICE! 3 Bedroom / 2 Full Bath home located on corner lot in the Gentilly Terrace. The subject has fully grown trees in front and along the street, which provide lots of shade and create a peaceful setting. This home features an open living area, huge primary bedroom and closet, attached garage, and additional parking in the driveway. The location is just one block from a park/playground with tennis courts! The house has a slab differential and will need some misc. repairs. Sold in As-Is condition. Won't last long! Call your agent today to schedule your private showing!

  31. 2025-04-29
    listed $165,000 Active
    Show marketing remark (586 chars)

    NEW LOW PRICE! 3 Bedroom / 2 Full Bath home located on corner lot in the Gentilly Terrace. The subject has fully grown trees in front and along the street, which provide lots of shade and create a peaceful setting. This home features an open living area, huge primary bedroom and closet, attached garage, and additional parking in the driveway. The location is just one block from a park/playground with tennis courts! The house has a slab differential and will need some misc. repairs. Sold in As-Is condition. Won't last long! Call your agent today to schedule your private showing!

  32. 2022-05-13
    soldstatus $155,000 Closed
  33. 2022-05-05
    soldstatus $155,000
  34. 2022-02-02
    status Pending
  35. 2022-01-03
    status Active
  36. 2021-12-04
    status Pending
  37. 2021-11-30
    listed $165,000
  38. 2021-11-30
    listed $165,000 Active
  39. 2017-07-04
    historical
  40. 2017-07-01
    status Active
  41. 2017-07-01
    historical
  42. 2017-06-02
    status Active
  43. 2017-05-12
    historical Pending Continue to Show
  44. 2017-03-03
    status Active
  45. 2017-02-06
    historical Pending Continue to Show
  46. 2017-01-23
    price $185,000
  47. 2016-12-12
    status Active
  48. 2016-12-08
    historical Pending Continue to Show
  49. 2016-11-29
    price $195,000
  50. 2016-10-24
    listed $215,000 Active

ⓘ 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
$2,559 · $213/mo
Projected year-2 tax
$2,559 · $213/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 · 21 d/yr by 30 yrs out
  • 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 4 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$27,219
− Mortgage interest
−$6,722
− Property taxes
−$2,559
− Insurance
−$1,398
− Repairs & maintenance
−$2,178
− Management
−$2,178
− Depreciation
−$3,491
Taxable income
$8,695
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,087
After-tax cash flow
$7,909/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)
35,253
Household income
$49,455
Rent vs Own
40.5% rent · 59.5% own
Severe rent burden
2150.0

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 (69%)
Race & ethnicity
Black 69% White 18% Two or more races 7% Hispanic / Latino 6% Asian 1%
Hispanic origin (detail)
Mexican 1%
Common ancestry
Lithuanian 4% Italian 2% Slovak 1%
Foreign-born
4% · Canada, China
Languages at home
92% English-only · Spanish 5% Chinese 1% French/Haitian/Cajun 1%

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
▼ -222.37%
Current HPI
231.9921
Rent YoY
▼ -0.61%
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

+196.3% since first listed
47 events — show timeline
  • 2026-05-14 Price Changed $120,000 AcadianaMLS
  • 2026-05-14 Price Changed $120,000 GSREIN
  • 2026-02-27 Price Changed $140,000 AcadianaMLS
  • 2026-02-27 Price Changed $140,000 GSREIN
  • 2026-01-21 Price Changed $155,000 AcadianaMLS
  • 2026-01-21 Price Changed $155,000 GSREIN
  • 2025-12-09 Relisted GSREIN
  • 2025-12-02 Listing Removed GSREIN
  • 2025-09-23 Price Changed $165,000 AcadianaMLS
  • 2025-09-23 Price Changed $165,000 GSREIN
  • 2025-08-29 Relisted GSREIN
  • 2025-08-29 Listing Removed GSREIN
  • 2025-07-05 Price Changed $175,000 AcadianaMLS
  • 2025-07-05 Price Changed $175,000 GSREIN
  • 2025-04-29 Listed $165,000 AcadianaMLS
  • 2025-04-29 Listed $185,000 GSREIN
  • 2025-04-29 Listed $185,000 AcadianaMLS
  • 2022-05-13 Sold (MLS) $155,000 GSREIN
  • 2022-05-05 Sold (Public Records) $155,000 Public Records
  • 2022-02-02 Pending GSREIN
  • 2022-01-03 Relisted GSREIN
  • 2021-12-04 Pending GSREIN
  • 2021-11-30 Listed $165,000 GSREIN
  • 2021-11-30 Listed $165,000 AcadianaMLS
  • 2017-07-04 Listing Removed GSREIN
  • 2017-07-01 Relisted GSREIN
  • 2017-07-01 Listing Removed GSREIN
  • 2017-06-02 Relisted GSREIN
  • 2017-05-12 Contingent GSREIN
  • 2017-03-03 Relisted GSREIN
  • 2017-02-06 Contingent GSREIN
  • 2017-01-23 Price Changed $185,000 GSREIN
  • 2016-12-12 Relisted GSREIN
  • 2016-12-08 Contingent GSREIN
  • 2016-11-29 Price Changed $195,000 GSREIN
  • 2016-10-24 Listed $215,000 GSREIN
  • 2016-10-24 Listed $185,000 AcadianaMLS
  • 2011-10-18 Sold (Public Records) $175,000 Public Records
  • 2010-08-02 Listed $54,900 GSREIN
  • 2010-08-02 Listed $54,900 AcadianaMLS
  • 2008-03-26 Listed $200,000 GSREIN
  • 2008-03-26 Listed $200,000 AcadianaMLS
  • 2004-07-29 Sold (MLS) $50,000 GSREIN
  • 2004-01-22 Listed $50,000 AcadianaMLS
  • 2004-01-22 Listed $50,000 GSREIN
  • 1997-10-29 Sold (Public Records) $75,000 Public Records
  • 1997-06-05 Sold (Public Records) $40,500 Public Records

Property tax history

-0.1%/yr

Latest (2026): $2,559 · +1.1% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…