2301 Edenborn Ave #307 · Metairie, LA
Flood risk 8/10 · Major
- FEMA flood zone
- AE
- Chance of flooding over 30 yrs
- 0.6%
- Est. flood insurance / yr
- $1,737 – $8,500
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $1,269 – $2,357
Heat risk 10/10 · Severe
- Hot days now (above 108°F)
- 7 days/yr
- Hot days in 30 yrs
- 20 days/yr
Wind risk 10/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 3 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 +26.4/30.0
- ARV discount +12.4/15.0
- 1% rule +10.0/10.0
- DSCR +9.0/10.0
- Livability +4.4/5.0
- Rent growth +2.5/5.0
- Schools +2.5/10.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$90,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
HUGE PRICE REDUCTION!!!! Get a new HOME or use as an investment!!! QUIET END UNIT. MINUTES FROM I 10 for an easy commute. SUPER clean unit is VACANT and ready for a new owner. Many upgrades including fresh paint thru-out. Dove grey cabinets. ALL LARGE ROOMS with exceptional storage. Pantry has been built out with wooden shelves. Bedrooms have 2 closets each with mirrored bypass doors plus pull down attic space of approximately 100 sq ft! Dining area and primary bedroom have 12 ft vaulted ceilings. Small deck off that bedroom. All vinyl plank flooring. Appliances are newer. Very large bath between the bedrooms. Patio area has been upgraded with retiled pool, fountain, BBQ pits and hot tub. Assigned parking. LOW CONDO FEE! Make an appointment today.
Key facts
- Fresh paint
- Retiled pool
- Wooden shelves
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/1.0-bath townhouse listed at $90k.
Deal economics
- At list price, monthly cash flow is $-193 ($-2k/yr) — negative.
- To cash-flow at today's rent, offer at most $56k (37.8% below list).
- Meets the 1% rule at list price ($1k rent vs $90k).
- Recommended offer: $56k (37.8% below list) — sets the bar for cash-flow.
- Cap rate 9.4% vs local median 3.6% in Metairie — 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 87/100 on livability (#1 in LA, #261 nationally) — a professional / high-income tenant draw. Strengths: commute A+, housing A+, health & safety A+.
- 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 (-0.0%/yr); 208 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 40% of comp listings sitting > 30 days — soft ceiling on asking rent; 518 units permitted in Jefferson Parish in 2024 (43 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $622 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
Negotiation context
- It's been on market 202 days — a 12% lower offer ($79k) is reasonable based on typical stale-listing flexibility.
- 12 sale attempts since 19y ago; this cycle's ask has dropped $25k (22%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $40k; list at $90k implies a 125% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: flood insurance adds $427/mo; HOA is 21% of rent.
- Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- It's been on market 202 days. Have you received any prior offers? Is the seller open to a 38% 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?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- 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.
- 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?
- 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 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
- 1.53% ✓
- Cap rate
- 9.41%
- Cash-on-cash
- 11.13%
- DSCR
- 1.50
- GRM
- 5.5
CMA / ARV
- ARV (median comp)
- $100,956
- List price
- $90,000
- Delta
- -10.85%
- 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 |
|---|---|---|---|---|---|---|---|
| 2301 Edenborn Ave #401 | 0.00mi | 2/1.0 | 858 (-0%) | 2mo | $82,500 | $96 | 98 |
| 2301 Edenborn Ave Ave #102 | 0.02mi | 2/2.0 | 941 (+9%) | 11mo | $120,000 | $128 | 70 |
| 2301 Edenborn Ave #107 | 0.00mi | 2/2.0 | 936 (+9%) | 21mo | $116,000 | $124 | 64 |
| 2511 Metairie Lawn Dr #104 | 0.64mi | 2/2.0 | 932 (+8%) | 13mo | $206,000 | $221 | 42 |
| 2601 Metairie Lawn Dr #317 | 0.74mi | 2/2.0 | 949 (+10%) | 16mo | $177,777 | $187 | 31 |
| 2601 Metairie Lawn Dr #219 | 0.74mi | 1/1.5 (-1) | 982 (+14%) | 12mo | $145,000 | $148 | 25 |
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
- -40.7%
- Equity multiple
- -0.21×
- Total profit
- $-30,457
- Equity at exit
- $13,419
- IRR
- —
- Equity multiple
- -1.23×
- Total profit
- $-56,152
- Equity at exit
- $7,782
Cash invested: $25,200 (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 70001
- Rents YoY
- -0.0%
- Active inventory
- 208
- Price-to-rent
- 5.5×
Monthly cashflow live
- Estimated rent
- $1,373 high interval (Pro) →
- Mortgage (P&I)
- −$472
- Tax from tax record
- −$51 /mo · $612/yr
- Insurance
- −$38
- Flood insurance flood zone
- −$427 /mo · $5,118/yr
- HOA
- −$290
- Vacancy / Maint / Mgmt
- −$288
- Net cashflow
- $-193
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
- $22,500
- Closing costs
- $2,700
- 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 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 2301 Edenborn Ave #507 Metairie, LA | 2.0 | 1.0 | 830 | $1,450 | $1.75 | 43d | 1 | 0.03mi |
| 2301 Edenborn Ave #1007 Metairie, LA | 2.0 | 1.0 | 864 | $1,200 | $1.39 | 43d | 1 | 0.03mi |
| 2330 Edenborn Ave #321 Metairie, LA | 1.0 | 1.0 | 544 | $1,100 | $2.02 | 4d | 1 | 0.12mi |
| 2330 Edenborn Ave #205 Metairie, LA | 1.0 | 1.0 | 550 | $1,100 | $2.00 | 23d | 1 | 0.12mi |
| 2330 Edenborn Ave #107 Metairie, LA | 1.0 | 1.0 | 550 | $1,125 | $2.05 | 43d | 1 | 0.12mi |
| 2330 Edenborn Ave #227 Metairie, LA | 1.0 | 1.0 | 550 | $975 | $1.77 | 43d | 1 | 0.12mi |
| 2301 Severn Ave Metairie, LA | 1.0–2.0 | 1.0–2.0 | 809 | $1,645 | $2.03 | 3d | 18 | 0.17mi |
| 2324 N Hullen St Metairie, LA | 1.0–2.0 | 1.0 | 720 | $1,995 | $2.77 | 43d | 1 | 0.21mi |
| 2404 Athania Pkwy Metairie, LA | 2.0 | 1.0 | 1000 | $1,250 | $1.25 | 23d | 1 | 0.26mi |
| 2009 Athania Pkwy Unit 1 Metairie, LA | 2.0 | 1.0 | 850 | $1,495 | $1.76 | 43d | 1 | 0.28mi |
| 2121 Cleary Ave Unit 5 Metairie, LA | 1.0 | 1.0 | 526 | $875 | $1.66 | 23d | 1 | 0.53mi |
| 3015 Jodie Pl Metairie, LA | 2.0 | 1.0 | 1000 | $1,275 | $1.27 | 23d | 1 | 0.58mi |
| 3901 N I 10 Service Rd E Unit C322 Metairie, LA | 1.0 | 1.0 | 616 | $995 | $1.62 | 23d | 1 | 0.64mi |
| 3901 N I 10 Service Rd E Unit F343 Metairie, LA | 2.0 | 1.0 | 865 | $1,225 | $1.42 | 23d | 1 | 0.64mi |
| 3901 N I 10 Service Rd E Unit F243 Metairie, LA | 2.0 | 1.0 | 865 | $1,250 | $1.45 | 23d | 1 | 0.64mi |
| 2220 Cleary Ave Metairie, LA | 1.0–2.0 | 1.0 | 806 | $1,429 | $1.77 | 1d | 6 | 0.64mi |
| 1210 Edenborn Ave Unit Front Metairie, LA | 2.0 | 1.0 | 887 | $1,550 | $1.75 | 3d | 1 | 0.66mi |
| 3717 W Bode Pkwy Metairie, LA | 2.0 | 1.0 | 850 | $1,285 | $1.51 | 14d | 1 | 0.68mi |
| 2511 Metairie Lawn Dr #215 Metairie, LA | 1.0 | 1.0 | 689 | $1,600 | $2.32 | 43d | 1 | 0.70mi |
| 4056 Durand St Unit 2 Metairie, LA | 2.0 | 1.5 | 1000 | $1,300 | $1.30 | 43d | 1 | 0.74mi |
| 4048 Durand St Apt 3 Metairie, LA | 2.0 | 1.5 | 1000 | $1,300 | $1.30 | 43d | 1 | 0.75mi |
| 2500 Richland Ave Unit D Metairie, LA | 2.0 | 1.5 | 980 | $1,375 | $1.40 | 4d | 1 | 0.76mi |
| 2732 Whitney Pl #209 Metairie, LA | 1.0 | 1.0 | 756 | $1,250 | $1.65 | 43d | 1 | 0.80mi |
| 3113 Cleary Ave Metairie, LA | 2.0 | 1.0 | 946 | $1,148 | $1.21 | 43d | 1 | 0.80mi |
| 2500 Manson Ave Metairie, LA | 2.0 | 1.5 | 1000 | $1,350 | $1.35 | 23d | 1 | 0.80mi |
| 2129 Pasadena Ave Apt C Metairie, LA | 2.0 | 1.0 | 1085 | $1,250 | $1.15 | 43d | 1 | 0.81mi |
| 2509 Giuffrias Ave #516 Metairie, LA | 1.0 | 1.0 | 900 | $1,175 | $1.31 | 23d | 1 | 0.81mi |
| 2509 Giuffrias Ave #510 Metairie, LA | 1.0 | 1.0 | 900 | $1,175 | $1.31 | 43d | 1 | 0.81mi |
| 3001 46th St Metairie, LA | 3.0 | 1.0 | 1056 | $1,950 | $1.85 | 19d | 1 | 0.81mi |
| 2724 Whitney Pl #229 Metairie, LA | 1.0 | 1.0 | 756 | $1,195 | $1.58 | 43d | 1 | 0.83mi |
| 2401 Pasadena Ave Unit 9 Metairie, LA | 1.0 | 1.0 | 600 | $950 | $1.58 | 43d | 1 | 0.85mi |
| 2224 Pasadena Ave Unit 208 Metairie, LA | 1.0 | 1.0 | 550 | $885 | $1.61 | 43d | 1 | 0.86mi |
| 2513 Pasadena Ave #303 Metairie, LA | 1.0 | 1.0 | 800 | $1,100 | $1.38 | 4d | 1 | 0.88mi |
| 2513 Pasadena Ave #203 Metairie, LA | 1.0 | 1.0 | 643 | $1,100 | $1.71 | 23d | 1 | 0.88mi |
| 136 Metairie Ct Unit B Metairie, LA | 1.0 | 1.0 | 600 | $1,600 | $2.67 | 1d | 1 | 0.88mi |
| 2416 Pasadena Ave Unit 308-2 Metairie, LA | 2.0 | 1.0 | 775 | $1,195 | $1.54 | 4d | 1 | 0.89mi |
| 134 Metairie Ct Unit B Metairie, LA | 1.0 | 1.0 | 600 | $1,600 | $2.67 | 3d | 1 | 0.89mi |
| 3105 Edenborn Ave Metairie, LA | 1.0 | 1.0 | 702 | $1,025 | $1.46 | 3d | 1 | 0.89mi |
| 301 Labarre Dr Unit B Metairie, LA | 3.0 | 2.0 | 1000 | $2,450 | $2.45 | 2d | 1 | 0.91mi |
| 2955 Ridgelake Dr Ste 108 Metairie, LA | 3.0 | 1.0 | 1000 | $1,625 | $1.62 | 23d | 1 | 0.91mi |
HOA detail
- Monthly dues
- $290 · $3,480/yr
- Likely covers
- poolparking
Listing history 30 events
-
2026-06-16status $90,000 Pending 202 DOM
-
2026-06-15days on market $90,000 Active 202 DOM
-
2026-06-13days on market $90,000 Active 200 DOM
-
2026-06-10days on market $90,000 Active 197 DOM
-
2026-06-09days on market $90,000 Active 196 DOM
-
2026-06-08days on market $90,000 Active 195 DOM
-
2026-06-07days on market $90,000 Active 194 DOM
-
2026-06-03days on market $90,000 Active 190 DOM
-
2026-06-02days on market $90,000 Active 189 DOM
-
2026-06-01pricedays on market $90,000 Active 188 DOM
-
2026-05-31days on market $100,000 Active 187 DOM
-
2026-03-27price $100,000 757-char remark
Show marketing remark (758 chars)
HUGE PRICE REDUCTION!!!! Get a new HOME or use as an investment!!! QUIET END UNIT. MINUTES FROM I 10 for an easy commute. SUPER clean unit is VACANT and ready for a new owner. Many upgrades including fresh paint thru-out. Dove grey cabinets. ALL LARGE ROOMS with exceptional storage. Pantry has been built out with wooden shelves. Bedrooms have 2 closets each with mirrored bypass doors plus pull down attic space of approximately 100 sq ft! Dining area and primary bedroom have 12 ft vaulted ceilings. Small deck off that bedroom. All vinyl plank flooring. Appliances are newer. Very large bath between the bedrooms. Patio area has been upgraded with retiled pool, fountain, BBQ pits and hot tub. Assigned parking. LOW CONDO FEE! Make an appointment today.
-
2026-03-27price $100,000 758-char remark
Show marketing remark (758 chars)
HUGE PRICE REDUCTION!!!! Get a new HOME or use as an investment!!! QUIET END UNIT. MINUTES FROM I 10 for an easy commute. SUPER clean unit is VACANT and ready for a new owner. Many upgrades including fresh paint thru-out. Dove grey cabinets. ALL LARGE ROOMS with exceptional storage. Pantry has been built out with wooden shelves. Bedrooms have 2 closets each with mirrored bypass doors plus pull down attic space of approximately 100 sq ft! Dining area and primary bedroom have 12 ft vaulted ceilings. Small deck off that bedroom. All vinyl plank flooring. Appliances are newer. Very large bath between the bedrooms. Patio area has been upgraded with retiled pool, fountain, BBQ pits and hot tub. Assigned parking. LOW CONDO FEE! Make an appointment today.
-
2026-02-21status Active 757-char remark
Show marketing remark (758 chars)
HUGE PRICE REDUCTION!!!! Get a new HOME or use as an investment!!! QUIET END UNIT. MINUTES FROM I 10 for an easy commute. SUPER clean unit is VACANT and ready for a new owner. Many upgrades including fresh paint thru-out. Dove grey cabinets. ALL LARGE ROOMS with exceptional storage. Pantry has been built out with wooden shelves. Bedrooms have 2 closets each with mirrored bypass doors plus pull down attic space of approximately 100 sq ft! Dining area and primary bedroom have 12 ft vaulted ceilings. Small deck off that bedroom. All vinyl plank flooring. Appliances are newer. Very large bath between the bedrooms. Patio area has been upgraded with retiled pool, fountain, BBQ pits and hot tub. Assigned parking. LOW CONDO FEE! Make an appointment today.
-
2026-02-21status Active 758-char remark
Show marketing remark (758 chars)
HUGE PRICE REDUCTION!!!! Get a new HOME or use as an investment!!! QUIET END UNIT. MINUTES FROM I 10 for an easy commute. SUPER clean unit is VACANT and ready for a new owner. Many upgrades including fresh paint thru-out. Dove grey cabinets. ALL LARGE ROOMS with exceptional storage. Pantry has been built out with wooden shelves. Bedrooms have 2 closets each with mirrored bypass doors plus pull down attic space of approximately 100 sq ft! Dining area and primary bedroom have 12 ft vaulted ceilings. Small deck off that bedroom. All vinyl plank flooring. Appliances are newer. Very large bath between the bedrooms. Patio area has been upgraded with retiled pool, fountain, BBQ pits and hot tub. Assigned parking. LOW CONDO FEE! Make an appointment today.
-
2026-01-11historical 758-char remark
Show marketing remark (758 chars)
HUGE PRICE REDUCTION!!!! Get a new HOME or use as an investment!!! QUIET END UNIT. MINUTES FROM I 10 for an easy commute. SUPER clean unit is VACANT and ready for a new owner. Many upgrades including fresh paint thru-out. Dove grey cabinets. ALL LARGE ROOMS with exceptional storage. Pantry has been built out with wooden shelves. Bedrooms have 2 closets each with mirrored bypass doors plus pull down attic space of approximately 100 sq ft! Dining area and primary bedroom have 12 ft vaulted ceilings. Small deck off that bedroom. All vinyl plank flooring. Appliances are newer. Very large bath between the bedrooms. Patio area has been upgraded with retiled pool, fountain, BBQ pits and hot tub. Assigned parking. LOW CONDO FEE! Make an appointment today.
-
2025-10-15$115,000 Active 757-char remark
Show marketing remark (758 chars)
HUGE PRICE REDUCTION!!!! Get a new HOME or use as an investment!!! QUIET END UNIT. MINUTES FROM I 10 for an easy commute. SUPER clean unit is VACANT and ready for a new owner. Many upgrades including fresh paint thru-out. Dove grey cabinets. ALL LARGE ROOMS with exceptional storage. Pantry has been built out with wooden shelves. Bedrooms have 2 closets each with mirrored bypass doors plus pull down attic space of approximately 100 sq ft! Dining area and primary bedroom have 12 ft vaulted ceilings. Small deck off that bedroom. All vinyl plank flooring. Appliances are newer. Very large bath between the bedrooms. Patio area has been upgraded with retiled pool, fountain, BBQ pits and hot tub. Assigned parking. LOW CONDO FEE! Make an appointment today.
-
2025-10-15$115,000 Active 758-char remark
Show marketing remark (758 chars)
HUGE PRICE REDUCTION!!!! Get a new HOME or use as an investment!!! QUIET END UNIT. MINUTES FROM I 10 for an easy commute. SUPER clean unit is VACANT and ready for a new owner. Many upgrades including fresh paint thru-out. Dove grey cabinets. ALL LARGE ROOMS with exceptional storage. Pantry has been built out with wooden shelves. Bedrooms have 2 closets each with mirrored bypass doors plus pull down attic space of approximately 100 sq ft! Dining area and primary bedroom have 12 ft vaulted ceilings. Small deck off that bedroom. All vinyl plank flooring. Appliances are newer. Very large bath between the bedrooms. Patio area has been upgraded with retiled pool, fountain, BBQ pits and hot tub. Assigned parking. LOW CONDO FEE! Make an appointment today.
-
2013-01-11soldstatus $40,000
-
2012-10-16$45,000
-
2012-10-16$45,000
-
2012-03-29$55,100
-
2012-03-29$55,100
-
2010-07-22$79,900
-
2010-07-22$79,900
-
2007-03-08soldstatus $95,000
-
2007-03-02soldstatus $95,000
-
2007-01-04$95,000
-
2007-01-04$95,000
-
1998-06-01soldstatus $37,670
ⓘ 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
- $612 · $51/mo
- Projected year-2 tax
- $612 · $51/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 AE · 60% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 10/10 Extreme 7 d/yr ≥108°F today · 20 d/yr by 30 yrs out
- Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
- Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 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
- $16,470
- − Mortgage interest
- −$5,041
- − Property taxes
- −$612
- − Insurance
- −$5,568
- − Repairs & maintenance
- −$1,318
- − Management
- −$1,318
- − HOA
- −$3,480
- − Depreciation
- −$2,618
- Taxable loss
- −$3,485
- Est. tax savings @ 24.0%
- +$836
- After-tax cash flow
- $-1,476/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 — Metairie
- Score
- 87/100
- State rank
- #1
- US rank
- #261
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Metairie, LA
- County
- Jefferson Parish · 426,999 people
- City population
- 137,978
- Metro
- New Orleans-Metairie, LA
- Population (ZIP)
- 38,950
- Household income
- $67,923
- Rent vs Own
- Severe rent burden
- 1988.0
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 0.57)
- Race & ethnicity
- White 62% Hispanic / Latino 17% Black 15% Two or more races 11% Asian 2%
- Hispanic origin (detail)
- Mexican 1% Cuban 2%
- Common ancestry
- Lithuanian 13% Italian 1% Hispanic 1%
- Foreign-born
- 12% · Canada, China, Philippines
- Languages at home
- 84% English-only · Spanish 12% Arabic 1% Other Indo-European 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
- ▼ -296.45%
- Current HPI
- 151.4615
- Rent YoY
- ▬ -0.04%
- 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
+165.5% since first listed19 events — show timeline
- 2026-03-27 Price Changed $100,000 AcadianaMLS
- 2026-03-27 Price Changed $100,000 GSREIN
- 2026-02-21 Relisted — AcadianaMLS
- 2026-02-21 Relisted — GSREIN
- 2026-01-11 Listing Removed — GSREIN
- 2025-10-15 Listed $115,000 GSREIN
- 2025-10-15 Listed $115,000 AcadianaMLS
- 2013-01-11 Sold (MLS) $40,000 GSREIN
- 2012-10-16 Listed $45,000 AcadianaMLS
- 2012-10-16 Listed $45,000 GSREIN
- 2012-03-29 Listed $55,100 GSREIN
- 2012-03-29 Listed $55,100 AcadianaMLS
- 2010-07-22 Listed $79,900 GSREIN
- 2010-07-22 Listed $79,900 AcadianaMLS
- 2007-03-08 Sold (Public Records) $95,000 Public Records
- 2007-03-02 Sold (MLS) $95,000 GSREIN
- 2007-01-04 Listed $95,000 GSREIN
- 2007-01-04 Listed $95,000 AcadianaMLS
- 1998-06-01 Sold (Public Records) $37,670 Public Records
Property tax history
+1.1%/yrLatest (2025): $612 · +0.2% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…