Multi-family
5201 Saint Roch Ave · New Orleans, LA
Flood risk 8/10 · Major
- FEMA flood zone
- X (shaded)
- Chance of flooding over 30 yrs
- 0.6%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $1,269 – $2,357
Heat risk 10/10 · Severe
- Hot days now (above 107°F)
- 7 days/yr
- Hot days in 30 yrs
- 21 days/yr
Wind risk 10/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 4 days/yr
- Unhealthy air days in 30 yrs
- 4 days/yr
Risk factors via First Street. Map © Google.
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
🖨 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
Neighborhood map
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.
Questions for the listing agent
- 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?
- What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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.
- 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.
- 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
- IRR
- 20.6%
- Equity multiple
- 1.81×
- Total profit
- $27,073
- Equity at exit
- $17,892
- 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
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
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
| Address | Beds | Baths | Sqft | Rent | $/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
-
2026-06-18days on market $120,000 Active 406 DOM
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2026-06-17days on market $120,000 Active 405 DOM
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2026-06-16days on market $120,000 Active 404 DOM
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2026-06-15days on market $120,000 Active 403 DOM
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2026-06-13days on market $120,000 Active 401 DOM
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2026-06-10days on market $120,000 Active 398 DOM
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2026-06-09days on market $120,000 Active 397 DOM
-
2026-06-08days on market $120,000 Active 396 DOM
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2026-06-07days on market $120,000 Active 395 DOM
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2026-06-05days on market $120,000 Active 392 DOM
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2026-06-03days on market $120,000 Active 391 DOM
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2026-06-02days on market $120,000 Active 390 DOM
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2026-06-01days on market $120,000 Active 389 DOM
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2026-05-31days on market $120,000 Active 388 DOM
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2026-05-14price $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!
-
2026-05-14price $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!
-
2026-02-27price $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!
-
2026-02-27price $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!
-
2026-01-21price $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!
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2026-01-21price $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!
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2025-12-09status 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!
-
2025-12-02historical 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!
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2025-09-23price $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!
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2025-09-23price $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!
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2025-08-29status 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!
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2025-08-29historical 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!
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2025-07-05price $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!
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2025-07-05price $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!
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2025-04-29$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!
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2025-04-29$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!
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2025-04-29$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!
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2022-05-13soldstatus $155,000 Closed
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2022-05-05soldstatus $155,000
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2022-02-02status Pending
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2022-01-03status Active
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2021-12-04status Pending
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2021-11-30$165,000
-
2021-11-30$165,000 Active
-
2017-07-04historical
-
2017-07-01status Active
-
2017-07-01historical
-
2017-06-02status Active
-
2017-05-12historical Pending Continue to Show
-
2017-03-03status Active
-
2017-02-06historical Pending Continue to Show
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2017-01-23price $185,000
-
2016-12-12status Active
-
2016-12-08historical Pending Continue to Show
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2016-11-29price $195,000
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2016-10-24$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
- 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
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
- 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 |
|---|---|---|
| Telecommunications | 2 | $23B |
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| Utilities | 1 | $12B |
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| Wholesale / Distribution | 1 | $5B |
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| Advertising | 1 | $2B |
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Price history
+196.3% since first listed47 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%/yrLatest (2026): $2,559 · +1.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…