1116 Hooter Rd · Bridge City, LA 70094

$120,000

4 bd · 2.0 ba · 1,825 sqft · SingleFamily · 6 Days on market

Built 2002 6,459 sqft lot $66/sqft · 41% below area Est $202k · 41% under ↓ 11% since listing

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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
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Livability +3.1/5.0
• Schools +2.5/10.0
• Condition / age +2.5/5.0
• Rent growth +2.3/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Price to sell based on its condition. Two-story home with the primary bedroom on the first level. Three spacious bedrooms on the second floor with a recroom or sitting off the landing. No carpet here. Ready to sell. This house will not go FHA, VA, OR Rural Development.

Key facts

• 6,459 sq ft lot
• 3 parking spots
• Built 2002

Property features AI

Finance

• Other: Listing last updated Apr 30, 2026
• Financial info: Not applicable or not provided
• HOA & community: Details not specified

Exterior

• Parking: Off-street parking; Three or more parking spaces
• Security: Details not specified
• Utilities: Public water; Public sewer
• Home design: 2-story property; Entry level not specified; Facing direction not specified; Property type not specified
• Construction: Shingle roof; Slab foundation; Built year not specified; Construction materials not specified
• Exterior features: Concrete patio/porch; Shed(s); Rectangular lot; Located outside city limits; Lot dimensions approximately 95 x 68

Interior

• Kitchen: Kitchen details not specified
• Bedrooms: Details not specified
• Flooring: Details not specified
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Average condition; Total of 8 rooms
• Laundry & utility: Washer hookup; Dryer hookup

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $120k.

Deal economics

• At list price, monthly cash flow is $736 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $120k).

Location & tenants

• Location reads 61/100 on livability (#225 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: schools D+, crime F, amenities F.
• Jefferson Parish (suburban): math 24% / reading 34% proficiency, ranked #44 of 98 in LA (top 45%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 70% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents soft (-0.8%/yr); 186 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 518 units permitted in Jefferson Parish in 2024 (43 in 5+ unit buildings).
• This rent runs 44% of the median local income ($54k/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 $830 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 0.0% rent growth), your $34k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• Only 6 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 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 $120,000

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
3. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
4. 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.
5. 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.
6. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.62% ✓
• Cap rate: 13.65%
• Cash-on-cash: 26.27%
• DSCR: 2.17
• GRM: 5.1

CMA / ARV

• ARV (median comp): $202,017
• List price: $120,000
• Delta: -40.60%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1116 Hooter Rd	0.00mi	4/2.0	1,825 (0%)	1mo	$107,200	$59	99
941 Laurel Oaks Dr	0.36mi	4/2.0	1,803 (-1%)	4mo	$324,900	$180	78
229 8th St	0.34mi	5/2.0 (+1)	1,968 (+8%)	9mo	$210,000	$107	58
937 Laurel Oaks Dr	0.45mi	4/2.0	2,097 (+15%)	2mo	$343,100	$164	52
121 13th St	0.66mi	4/3.0	1,726 (-5%)	20mo	$225,000	$130	40
677 Wiegand Dr	0.62mi	4/2.0	1,624 (-11%)	24mo	$235,000	$145	33

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: 16.7%
• Equity multiple: 1.65×
• Total profit: $21,713
• Equity at exit: $17,892

10-year hold

• IRR: 23.0%
• Equity multiple: 2.70×
• Total profit: $57,234
• 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.

Methodology + full state rankings →

ZIP-level market 70094

• Rents YoY: -0.8%
• Active inventory: 186
• Price-to-rent: 5.1×

Monthly cashflow live

• Estimated rent: $1,948 medium
• Mortgage (P&I): −$629
• Tax from tax record: −$124 /mo · $1,485/yr
• Insurance: −$50
• HOA: −$0
• Vacancy / Maint / Mgmt: −$409
• Net cashflow: $736

Break-even live

Break-even rent $1,016

Max offer price $120,000

Occupancy floor 57%

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: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1020 Mono Ct Westwego, LA	3.0	2.0	1400	$1,750	$1.25	43d	1	0.11mi

Listing history 4 events

1. 2026-05-07
   status Pending 269-char remark

   Show marketing remark (269 chars)

   Price to sell based on its condition. Two-story home with the primary bedroom on the first level. Three spacious bedrooms on the second floor with a recroom or sitting off the landing. No carpet here. Ready to sell. This house will not go FHA, VA, OR Rural Development.

2. 2026-05-07
   status Pending 269-char remark

   Show marketing remark (269 chars)

   Price to sell based on its condition. Two-story home with the primary bedroom on the first level. Three spacious bedrooms on the second floor with a recroom or sitting off the landing. No carpet here. Ready to sell. This house will not go FHA, VA, OR Rural Development.

3. 2026-04-30
   listed $120,000 Active 269-char remark

   Show marketing remark (269 chars)

   Price to sell based on its condition. Two-story home with the primary bedroom on the first level. Three spacious bedrooms on the second floor with a recroom or sitting off the landing. No carpet here. Ready to sell. This house will not go FHA, VA, OR Rural Development.

4. 2026-04-30
   listed $120,000 Active 269-char remark

   Show marketing remark (269 chars)

   Price to sell based on its condition. Two-story home with the primary bedroom on the first level. Three spacious bedrooms on the second floor with a recroom or sitting off the landing. No carpet here. Ready to sell. This house will not go FHA, VA, OR Rural Development.

ⓘ 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: $1,485 · $124/mo
• Projected year-2 tax: $1,485 · $124/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Taxation est. · year 1

• Rental income: $23,372
• − Mortgage interest: −$6,722
• − Property taxes: −$1,485
• − Insurance: −$600
• − Repairs & maintenance: −$1,870
• − Management: −$1,870
• − Depreciation: −$3,491
• Taxable income: $7,335
• Est. tax owed @ 24.0%: −$1,760
• After-tax cash flow: $7,067/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: Jefferson Parish
• NCES district ID: 2200840
• Math proficiency: 24% ▼ -36.00%
• Reading proficiency: 34% ▼ -30.00%
• Median HH income: $48,421
• Composite: 25.19/100
• National rank: #7511
• State rank: #44 of 98 in LA

Livability — Bridge City

• Score: 61/100
• State rank: #225
• US rank: #17357

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Bridge City, LA
• County: Jefferson Parish · 426,999 people
• Metro: New Orleans-Metairie, LA
• Population (ZIP): 32,130
• Household income: $53,597
• Rent vs Own: 35.8% rent · 64.2% own
• Severe rent burden: 1457.0

Population outlook (Jefferson County) Hauer SSP2

• Today (2025): 451,696 people
• By 2030: 455,451 · +0.8%
• By 2040: 458,308 · +1.5%
• By 2050: 461,031 · +2.1%
• By 2075: 476,351 · +5.5%
• By 2100: 499,377 · +10.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.65)
• Race & ethnicity: Black 46% White 36% Hispanic / Latino 13% Two or more races 6% Asian 2%
• Hispanic origin (detail): Mexican 2% Dominican 2%
• Common ancestry: Lithuanian 9% Scottish 1%
• Foreign-born: 8% · Canada, Vietnam
• Languages at home: 86% English-only · Spanish 11% Vietnamese 2% French/Haitian/Cajun 1%

Political lean MEDSL · Jefferson

• 2024 margin: R (+12.9) · D 42.5% · R 55.5% · Other 2.1%
• 2008→2024 swing: +13.6pp toward D · 2008: -26.6pp · 2024: -12.9pp
• All cycles: 2024: R+12.9 2020: R+11.1 2016: R+14.8 2012: R+18.4 2008: R+26.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -111.56%
• Current HPI: 102.9992
• Rent YoY: ▼ -0.80%
• 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
▸Utilities	1	$12B
▸Wholesale / Distribution	1	$5B
▸Advertising	1	$2B

Price history

-10.7% since first listed

7 events — show timeline

• 2026-05-29 Sold (Public Records) $107,200 Public Records
• 2026-05-29 Sold (MLS) $107,200 AcadianaMLS
• 2026-05-29 Sold (MLS) $107,200 GSREIN
• 2026-05-07 Pending — AcadianaMLS
• 2026-05-07 Pending — GSREIN
• 2026-04-30 Listed $120,000 AcadianaMLS
• 2026-04-30 Listed $120,000 GSREIN

Property tax history

+1.4%/yr

Latest (2025): $1,485 · +4.3% YoY. Source: county tax records.