34076 Tupelo Ln · Slidell, LA 70460

$216,900

3 bd · 2.0 ba · 1,400 sqft · SingleFamily public records · 179 Days on market

Built 2018 Est $196k · 11% over

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +17.2/30.0
• DSCR +5.3/10.0
• Schools +4.3/10.0
• Rent growth +4.0/5.0
• 1% rule +3.7/10.0
• Livability +3.5/5.0
• ARV discount +2.7/15.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Beautiful home on a highly desirable corner lot! This well-maintained property features an open floor plan with wood floors, abundant natural light, and modern finishes throughout. The spacious living area flows seamlessly into the kitchen and dining spaces, making it great for everyday living and entertaining. Enjoy the covered back patio and generous yard, complete with rear vehicle access that makes it easy to back in a trailer, boat, or additional vehicles with ease. Move-in ready and perfectly located, this home offers comfort, style, and functionality

Key facts

• Open floor plan
• Wood floors
• Spacious living area

Tags

• CORNER LOT
• OPEN FLOOR PLAN
• WOOD FLOORS
• NATURAL LIGHT
• SPACIOUS LIVING AREA
• MODERN FINISHES

Property features AI

Finance

• Other: Home warranty included

Exterior

• Parking: Driveway with two parking spaces
• Security: Smoke detectors
• Utilities: Public water; Septic tank; Central heating; Central air conditioning
• Home design: Single-story home; Raised foundation; Shingle roof; Brick construction; Corner lot; Located outside city limits
• Construction: Brick construction; Shingle roof; Raised foundation; Built in very good condition
• Exterior features: Fenced yard; Covered wood porch; Covered wood patio

Interior

• Kitchen: Granite counters with stainless steel appliances; Microwave, Oven, Range, Refrigerator, Disposal
• Bedrooms: 3 rooms total (includes bedrooms and living spaces)
• Bathrooms: 2 full bathrooms
• Interior features: Ceiling fans; Granite counters; Stainless steel appliances; Disposal; Microwave; Oven; Range; Refrigerator
• Laundry & utility: Washer hookup; Dryer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $217k.

Deal economics

• At list price, monthly cash flow is $153 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $189k (12.7% below list).
• Recommended offer: $189k (12.7% below list) — sets the bar for 1% rule.
• Cap rate 7.1% vs local median 5.9% in Slidell — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 70/100 on livability (#57 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities F, commute F.
• St. Tammany Parish (suburban): math 43% / reading 55% proficiency, ranked #11 of 98 in LA (top 11%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Bayou Woods Elementary School (math 52% / reading 47%, grade D, #129 of 646 statewide, top 21%, 432 students, 72% FRL); Carolyn Park Middle School (math 27% / reading 35%, grade F, #110 of 218 statewide, top 51%, 247 students, 70% FRL); Slidell High School (math 34% / reading 41%, grade F, #93 of 265 statewide, top 36%, 1,883 students, 52% FRL) — zoned schools average 65% FRL vs 40% district-wide (25 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising fast (+5.9%/yr); 246 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 1,064 units permitted in St. Tammany Parish in 2024 (0 in 5+ unit buildings).
• This rent runs 36% of the median local income ($63k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

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

Negotiation context

• It's been on market 179 days — a 12% lower offer ($191k) is reasonable based on typical stale-listing flexibility.
• 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.
• Current owner paid $170k; 28% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Recommended offer $189,276 (12.7% below list)

Questions for the listing agent

1. It's been on market 179 days. Have you received any prior offers? Is the seller open to a 13% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
6. 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.
7. 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.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.87% ✗
• Cap rate: 7.14%
• Cash-on-cash: 3.03%
• DSCR: 1.13
• GRM: 9.5

CMA / ARV

• ARV (on-the-fly): $196,000
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
34076 Tupelo Ln	0.00mi	3/2.0	1,450 (+4%)	1mo	$223,500	$154	93
34019 Longleaf Ln	0.11mi	3/2.0	1,345 (-4%)	13mo	$192,500	$143	78
34092 Longleaf Ln	0.14mi	3/2.0	1,436 (+3%)	15mo	$170,000	$118	77
34075 Live Oak Ln	0.03mi	3/2.0	1,295 (-8%)	17mo	$195,000	$151	72
34050 Live Oak Ln	0.08mi	3/1.0	1,297 (-7%)	10mo	$53,000	$41	71
34159 Tupelo Ln	0.15mi	3/1.0	1,318 (-6%)	11mo	$150,000	$114	70
58441 Holly Dr	0.17mi	3/2.0	1,464 (+5%)	18mo	$184,970	$126	69
58423 Holly Dr	0.17mi	3/2.0	1,507 (+8%)	16mo	$210,433	$140	66
34117 Live Oak Ln	0.08mi	3/2.5	1,570 (+12%)	15mo	$220,000	$140	62
58382 Holly Dr	0.23mi	3/2.0	1,542 (+10%)	16mo	$215,000	$139	59
58091 Saint Genevieve Ln	0.52mi	3/2.0	1,253 (-10%)	2mo	$210,000	$168	56
58275 Harbor Rd	0.72mi	3/2.0	1,344 (-4%)	9mo	$157,000	$117	52

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 · 5.91% rent growth · sell at horizon

5-year hold

• IRR: -8.6%
• Equity multiple: 0.67×
• Total profit: $-19,760
• Equity at exit: $32,340

10-year hold

• IRR: 4.0%
• Equity multiple: 1.33×
• Total profit: $19,919
• Equity at exit: $18,754

Cash invested: $60,732 (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 70460

• Rents YoY: 5.9%
• Active inventory: 246
• Price-to-rent: 9.5×

Monthly cashflow live

• Estimated rent: $1,893 medium
• Mortgage (P&I): −$1,137
• Tax from tax record: −$114 /mo · $1,372/yr
• Insurance: −$90
• HOA: −$0
• Vacancy / Maint / Mgmt: −$397
• Net cashflow: $153

Break-even live

Break-even rent $1,699

Max offer price $216,900

Occupancy floor 87%

Sensitivity live

Price	-10% $276	-5% $215	+0% $153	+5% $92	+10% $30
Rent	-10% $4	-5% $78	+0% $153	+5% $228	+10% $303
Rate	-1.0pp $262	-0.5pp $208	base $153	+0.5pp $97	+1.0pp $40

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: $54,225
• Closing costs: $6,507
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
34081 Stanley St Slidell, LA	3.0	2.5	1832	$1,950	$1.06	3d	1	0.19mi
2322 Mallard St Slidell, LA	3.0	2.0	1400	$1,600	$1.14	45d	1	1.02mi
2402 Pelican St Slidell, LA	3.0	2.0	1400	$1,700	$1.21	25d	1	1.22mi
2519 Crane St Slidell, LA	3.0	2.0	1160	$1,600	$1.38	25d	1	1.43mi

Listing history 13 events

1. 2026-05-06
   status Pending
2. 2026-04-17
   status Pending 563-char remark

   Show marketing remark (563 chars)

   Beautiful home on a highly desirable corner lot! This well-maintained property features an open floor plan with wood floors, abundant natural light, and modern finishes throughout. The spacious living area flows seamlessly into the kitchen and dining spaces, making it great for everyday living and entertaining. Enjoy the covered back patio and generous yard, complete with rear vehicle access that makes it easy to back in a trailer, boat, or additional vehicles with ease. Move-in ready and perfectly located, this home offers comfort, style, and functionality

3. 2026-04-17
   historical Active Under Contract

   Show marketing remark (563 chars)

   Beautiful home on a highly desirable corner lot! This well-maintained property features an open floor plan with wood floors, abundant natural light, and modern finishes throughout. The spacious living area flows seamlessly into the kitchen and dining spaces, making it great for everyday living and entertaining. Enjoy the covered back patio and generous yard, complete with rear vehicle access that makes it easy to back in a trailer, boat, or additional vehicles with ease. Move-in ready and perfectly located, this home offers comfort, style, and functionality

4. 2026-03-12
   price $216,900 563-char remark

   Show marketing remark (563 chars)

   Beautiful home on a highly desirable corner lot! This well-maintained property features an open floor plan with wood floors, abundant natural light, and modern finishes throughout. The spacious living area flows seamlessly into the kitchen and dining spaces, making it great for everyday living and entertaining. Enjoy the covered back patio and generous yard, complete with rear vehicle access that makes it easy to back in a trailer, boat, or additional vehicles with ease. Move-in ready and perfectly located, this home offers comfort, style, and functionality

5. 2026-03-12
   price $216,900

   Show marketing remark (563 chars)

   Beautiful home on a highly desirable corner lot! This well-maintained property features an open floor plan with wood floors, abundant natural light, and modern finishes throughout. The spacious living area flows seamlessly into the kitchen and dining spaces, making it great for everyday living and entertaining. Enjoy the covered back patio and generous yard, complete with rear vehicle access that makes it easy to back in a trailer, boat, or additional vehicles with ease. Move-in ready and perfectly located, this home offers comfort, style, and functionality

6. 2026-01-03
   price $220,000 563-char remark

   Show marketing remark (563 chars)

   Beautiful home on a highly desirable corner lot! This well-maintained property features an open floor plan with wood floors, abundant natural light, and modern finishes throughout. The spacious living area flows seamlessly into the kitchen and dining spaces, making it great for everyday living and entertaining. Enjoy the covered back patio and generous yard, complete with rear vehicle access that makes it easy to back in a trailer, boat, or additional vehicles with ease. Move-in ready and perfectly located, this home offers comfort, style, and functionality

7. 2026-01-03
   price $220,000

   Show marketing remark (563 chars)

   Beautiful home on a highly desirable corner lot! This well-maintained property features an open floor plan with wood floors, abundant natural light, and modern finishes throughout. The spacious living area flows seamlessly into the kitchen and dining spaces, making it great for everyday living and entertaining. Enjoy the covered back patio and generous yard, complete with rear vehicle access that makes it easy to back in a trailer, boat, or additional vehicles with ease. Move-in ready and perfectly located, this home offers comfort, style, and functionality

8. 2025-11-07
   listed $228,000 Active

   Show marketing remark (563 chars)

   Beautiful home on a highly desirable corner lot! This well-maintained property features an open floor plan with wood floors, abundant natural light, and modern finishes throughout. The spacious living area flows seamlessly into the kitchen and dining spaces, making it great for everyday living and entertaining. Enjoy the covered back patio and generous yard, complete with rear vehicle access that makes it easy to back in a trailer, boat, or additional vehicles with ease. Move-in ready and perfectly located, this home offers comfort, style, and functionality

9. 2025-11-07
   listed $228,000 Active 563-char remark

   Show marketing remark (563 chars)

   Beautiful home on a highly desirable corner lot! This well-maintained property features an open floor plan with wood floors, abundant natural light, and modern finishes throughout. The spacious living area flows seamlessly into the kitchen and dining spaces, making it great for everyday living and entertaining. Enjoy the covered back patio and generous yard, complete with rear vehicle access that makes it easy to back in a trailer, boat, or additional vehicles with ease. Move-in ready and perfectly located, this home offers comfort, style, and functionality

10. 2018-08-10
    soldstatus $169,900
11. 2018-05-21
    soldstatus $159,900
12. 2017-06-06
    soldstatus $14,000
13. 2009-09-18
    soldstatus $40,000

ⓘ 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: $1,372 · $114/mo
• Projected year-2 tax: $1,372 · $114/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: $22,713
• − Mortgage interest: −$12,150
• − Property taxes: −$1,372
• − Insurance: −$1,084
• − Repairs & maintenance: −$1,817
• − Management: −$1,817
• − Depreciation: −$6,310
• Taxable loss: −$1,837
• Est. tax savings @ 24.0%: +$441
• After-tax cash flow: $2,278/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: St. Tammany Parish
• NCES district ID: 2201650
• Math proficiency: 43% ▼ -32.00%
• Reading proficiency: 55% ▼ -26.00%
• Median HH income: $61,752
• Composite: 43.04/100
• National rank: #3098
• State rank: #11 of 98 in LA

Livability — Slidell

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

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Saint Tammany Parish · 228,296 people
• City population: 95,511
• Metro: New Orleans-Metairie, LA
• Population (ZIP): 21,669
• Household income: $62,565
• Rent vs Own: 22.0% rent · 78.0% own
• Severe rent burden: 318.0

Population outlook (St. Tammany County) Hauer SSP2

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

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.62)
• Race & ethnicity: White 53% Black 29% Two or more races 11% Hispanic / Latino 10% Pacific Islander 2%
• Hispanic origin (detail): Mexican 3%
• Common ancestry: Lithuanian 13% Slovak 1% Italian 1%
• Foreign-born: 5% · Canada
• Languages at home: 92% English-only · Spanish 6%

Political lean MEDSL · St. Tammany

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

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -93.87%
• Current HPI: 130.56
• Rent YoY: ▲ 5.91%
• 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

+442.3% since first listed

13 events — show timeline

• 2026-05-06 Pending — GSREIN
• 2026-04-17 Pending — AcadianaMLS
• 2026-04-17 Contingent — GSREIN
• 2026-03-12 Price Changed $216,900 AcadianaMLS
• 2026-03-12 Price Changed $216,900 GSREIN
• 2026-01-03 Price Changed $220,000 AcadianaMLS
• 2026-01-03 Price Changed $220,000 GSREIN
• 2025-11-07 Listed $228,000 AcadianaMLS
• 2025-11-07 Listed $228,000 GSREIN
• 2018-08-10 Sold (Public Records) $169,900 Public Records
• 2018-05-21 Sold (Public Records) $159,900 Public Records
• 2017-06-06 Sold (Public Records) $14,000 Public Records
• 2009-09-18 Sold (Public Records) $40,000 Public Records

Property tax history

+25.2%/yr

Latest (2025): $1,372 · -3.9% YoY. Source: county tax records.