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217 W Tish Dr
C+ Composite 62.92
Why this score? — see what drove the C+ 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 +24.5/30.0
  • ARV discount +14.6/15.0
  • DSCR +7.9/10.0
  • 1% rule +5.6/10.0
  • 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

$169,500

217 W Tish Dr · Avondale, LA 70094
4 bd · 1.5 ba · 1,200 sqft · SingleFamily · 56 Days on market
Built 1978 $141/sqft · 16% below area Est $201k · 16% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Well maintained 3-bedroom, 2-bath home offering a functional layout designed for everyday living. The open living and dining areas provide a comfortable flow for relaxing or entertaining. Property features a converted garage space measuring approximately 21 ft x 12 ft, currently used as a primary bedroom or bonus living area, offering flexibility for a variety of needs such as a home office, additional living space, or guest area. Recent improvements include a newer roof and updated insulation, contributing to improved energy efficiency and overall comfort. Conveniently located with easy access to major roadways, shopping, and local amenities. Property is located in an X flood zone. Measurements are approximate and not guaranteed. X FLOOD ZONE

Key facts

  • Central hvac
  • Generous lot
  • Open living space

Tags

OPEN LIVING SPACEGENEROUS LOTOFF-STREET PARKINGCENTRAL HVACQUICK ACCESS

Property features AI

Exterior

  • Parking: Driveway
  • Utilities: Public water; Public sewer
  • Home design: Single-story property
  • Construction: Shingle siding; Shake siding; Vinyl siding; Shingle roof; Slab foundation
  • Exterior features: City lot; Rectangular lot; Lot dimensions approximately 61 x 100

Interior

  • Bathrooms: 1 full bathroom; 1 half bathroom
  • Heating & cooling: Central heating; Central air conditioning
  • Interior features: Total of 9 rooms; Average condition

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/1.5-bath single-family listed at $170k.

Deal economics

  • At list price, monthly cash flow is $346 ($4k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $170k).
  • Recommended offer: $164k (3.0% below list) — sets the bar for market timing.

Location & tenants

  • Location reads 61/100 on livability (#243 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: crime D, amenities F, commute 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; 12 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 58% of comp listings sitting > 30 days — soft ceiling on asking rent; 518 units permitted in Jefferson Parish in 2024 (43 in 5+ unit buildings).
  • This rent runs 40% 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 $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.

Negotiation context

  • It's been on market 56 days — a 3% lower offer ($164k) 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 $105k; list at $170k implies a 61% gain — meaningful room to come down on a strong offer.
Recommended offer $164,415 (3.0% below list)

Questions for the listing agent

  1. It's been on market 56 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
  2. Built in 1978 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. Crime grade is D 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?
  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 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
1.06%
Cap rate
8.74%
Cash-on-cash
8.76%
DSCR
1.39
GRM
7.9

CMA / ARV

ARV (median comp)
$201,390
List price
$169,500
Delta
-15.83%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
245 W Tish Dr 0.08mi 3/1.5 (-1) 1,190 (-1%) 9mo $149,000 $125 82
164 Yvonne Dr 0.10mi 3/1.0 (-1) 1,167 (-3%) 2mo $139,500 $120 82
105 S Tish Dr 0.23mi 3/1.5 (-1) 1,225 (+2%) 5mo $149,900 $122 77
101 Dialita Dr 0.39mi 3/2.0 (-1) 1,195 (-0%) 2mo $205,000 $172 73
173 S Tish Dr 0.05mi 3/2.0 (-1) 1,058 (-12%) 1mo $130,000 $123 70
181 Rosalie Dr 0.26mi 3/1.5 (-1) 1,109 (-8%) 2mo $105,000 $95 68
341 Gerrie Ct 0.45mi 4/1.5 1,249 (+4%) 6mo $176,000 $141 67
168 N Betty Ln 0.34mi 3/1.5 (-1) 1,100 (-8%) 3mo $158,000 $144 63
133 Felicia Dr 0.26mi 3/2.0 (-1) 1,320 (+10%) 10mo $210,000 $159 56
321 Travis Dr 0.73mi 3/2.0 (-1) 1,236 (+3%) 1mo $189,000 $153 53
156 Grambling Ct 0.68mi 3/1.0 (-1) 1,159 (-3%) 10mo $115,000 $99 48
141 Dillard Dr 0.66mi 3/2.0 (-1) 1,294 (+8%) 3mo $178,000 $138 47

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
-6.3%
Equity multiple
0.77×
Total profit
$-10,695
Equity at exit
$25,273
10-year hold
IRR
-0.5%
Equity multiple
0.97×
Total profit
$-1,344
Equity at exit
$14,655

Cash invested: $47,460 (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 70094

Rents YoY
-0.8%
Active inventory
186
Price-to-rent
7.9×

Monthly cashflow live

Estimated rent
$1,791 high interval (Pro) →
Mortgage (P&I)
$889
Tax from tax record
$109 /mo · $1,310/yr
Insurance
$71
HOA
$0
Vacancy / Maint / Mgmt
$376
Net cashflow
$346

Break-even live

Break-even rent $1,353
Max offer price $169,500
Occupancy floor 76%

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
$42,375
Closing costs
$5,085
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 12 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
185 Carmen Dr Westwego, LA 3.0 1.0 900 $1,600 $1.78 43d 1 0.20mi
304 Butler Dr Westwego, LA 4.0 2.0 1200 $2,300 $1.92 43d 1 0.50mi
113 Jeanne Dr Westwego, LA 3.0 2.0 800 $1,950 $2.44 14d 1 0.52mi
441 Butler Dr Westwego, LA 3.0 1.5 1200 $1,450 $1.21 43d 1 0.59mi
441 Butler Dr Westwego, LA 3.0 2.0 1200 $1,450 $1.21 23d 1 0.59mi
101 Ursula Dr Westwego, LA 3.0 1.5 1400 $1,600 $1.14 14d 1 0.62mi
145 S Dexter Dr Westwego, LA 3.0 1.5 1200 $1,400 $1.17 23d 1 0.69mi
384 Layman St Westwego, LA 3.0 2.0 1258 $1,560 $1.24 43d 1 0.75mi
89 Marie Dr Westwego, LA 4.0 1.5 1100 $1,600 $1.45 43d 1 0.85mi
351 Glendella Dr Westwego, LA 3.0 1.5 1200 $1,600 $1.33 43d 1 0.88mi
351 Glendella Dr Westwego, LA 3.0 1.5 1350 $1,450 $1.07 4d 1 0.88mi
76 Elaine Dr Westwego, LA 3.0 1.5 1100 $1,500 $1.36 43d 1 1.01mi

Listing history 17 events

  1. 2026-06-18
    days on market $169,500 Active 56 DOM
  2. 2026-06-17
    days on market $169,500 Active 55 DOM
  3. 2026-06-16
    days on market $169,500 Active 54 DOM
  4. 2026-06-15
    days on market $169,500 Active 53 DOM
  5. 2026-06-13
    days on market $169,500 Active 51 DOM
  6. 2026-06-10
    days on market $169,500 Active 48 DOM
  7. 2026-06-09
    days on market $169,500 Active 47 DOM
  8. 2026-06-08
    days on market $169,500 Active 46 DOM
  9. 2026-06-07
    days on market $169,500 Active 45 DOM
  10. 2026-06-03
    days on market $169,500 Active 41 DOM
  11. 2026-06-02
    days on market $169,500 Active 40 DOM
  12. 2026-06-01
    days on market $169,500 Active 39 DOM
  13. 2026-05-31
    days on market $169,500 Active 38 DOM
  14. 2026-04-22
    listed $169,500 Active 753-char remark
    Show marketing remark (753 chars)

    Well maintained 3-bedroom, 2-bath home offering a functional layout designed for everyday living. The open living and dining areas provide a comfortable flow for relaxing or entertaining. Property features a converted garage space measuring approximately 21 ft x 12 ft, currently used as a primary bedroom or bonus living area, offering flexibility for a variety of needs such as a home office, additional living space, or guest area. Recent improvements include a newer roof and updated insulation, contributing to improved energy efficiency and overall comfort. Conveniently located with easy access to major roadways, shopping, and local amenities. Property is located in an X flood zone. Measurements are approximate and not guaranteed. X FLOOD ZONE

  15. 2026-04-22
    listed $169,500 Active 753-char remark
    Show marketing remark (753 chars)

    Well maintained 3-bedroom, 2-bath home offering a functional layout designed for everyday living. The open living and dining areas provide a comfortable flow for relaxing or entertaining. Property features a converted garage space measuring approximately 21 ft x 12 ft, currently used as a primary bedroom or bonus living area, offering flexibility for a variety of needs such as a home office, additional living space, or guest area. Recent improvements include a newer roof and updated insulation, contributing to improved energy efficiency and overall comfort. Conveniently located with easy access to major roadways, shopping, and local amenities. Property is located in an X flood zone. Measurements are approximate and not guaranteed. X FLOOD ZONE

  16. 2020-06-16
    soldstatus $105,000
  17. 1998-11-01
    soldstatus $56,000

ⓘ 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
$1,310 · $109/mo
Projected year-2 tax
$1,310 · $109/mo
Expected delta
$0/yr ($0/mo · 0.0%)

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

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$21,493
− Mortgage interest
−$9,495
− Property taxes
−$1,310
− Insurance
−$848
− Repairs & maintenance
−$1,719
− Management
−$1,719
− Depreciation
−$4,931
Taxable income
$1,471
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$353
After-tax cash flow
$3,803/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 — Avondale

Score
61/100
State rank
#243
US rank
#18430

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Avondale, LA
County
Jefferson Parish · 426,999 people
City population
32,031
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

Price history

+202.7% since first listed
4 events — show timeline
  • 2026-04-22 Listed $169,500 AcadianaMLS
  • 2026-04-22 Listed $169,500 GSREIN
  • 2020-06-16 Sold (Public Records) $105,000 Public Records
  • 1998-11-01 Sold (Public Records) $56,000 Public Records

Property tax history

+4.2%/yr

Latest (2025): $1,310 · +0.3% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…