201 Darwin Dr · Slidell, LA 70458

$199,999

4 bd · 2.0 ba · 1,784 sqft · SingleFamily public records · 113 Days on market

Built 1973 8,398 sqft lot $112/sqft · at area comps Est $234k · 15% under

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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 +17.3/30.0
• ARV discount +14.1/15.0
• DSCR +5.4/10.0
• 1% rule +4.7/10.0
• Schools +4.3/10.0
• Livability +3.5/5.0
• Rent growth +2.9/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this charming 4-bedroom, 2-bath home in the heart of Slidell! Located at 201 Darwin Dr, this property offers fantastic curb appeal and a welcoming feel from the moment you arrive. Inside, you'll find a spacious, comfortable layout filled with character and ready for your personal touches. The oversized formal dining room offers endless possibilities; this would create an opportunity for entertaining, a second living area, home office, or playroom, if you need even more space. A bright, closed-in sunroom provides additional living space and overlooks a wonderful backyard that's fit for gatherings, gardening, or simply relaxing outdoors. All four bedrooms are generously sized, and the closets offer great storage throughout. This home has great bones, plenty of room to spread out, and a warm, homey atmosphere. This home presents a wonderful opportunity to customize and make it truly your own!

Key facts

• Wonderful backyard
• Closed-in sunroom
• 8,398 sq ft lot

Tags

• OVERSIZED FORMAL DINING ROOM
• CLOSED-IN SUNROOM
• WONDERFUL BACKYARD

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $200k.

Deal economics

• At list price, monthly cash flow is $148 ($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 $194k (3.2% below list).
• Recommended offer: $182k (9.0% below list) — sets the bar for market timing.
• Cap rate 7.2% 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.
• Market conditions: Rents rising (+1.5%/yr); 489 active listings in the ZIP; 20 comparable units currently listed for rent nearby; rentals at typical pace (median 24d 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 32% of the median local income ($73k/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 $6k 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 113 days — a 9% lower offer ($182k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 30y ago; this cycle's ask has dropped $29k (13%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $90k; list at $200k implies a 122% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: moderate flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $181,999 (9.0% below list)

Questions for the listing agent

1. It's been on market 113 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1973 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
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: 0.97% ✗
• Cap rate: 7.18%
• Cash-on-cash: 3.17%
• DSCR: 1.14
• GRM: 8.6

CMA / ARV

• ARV (median comp): $234,363
• List price: $199,999
• Delta: -14.66%
• 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
132 Melody Ln	0.08mi	4/2.0	1,886 (+6%)	1mo	$225,000	$119	86
130 North Blvd	0.26mi	4/2.0	1,614 (-10%)	1mo	$239,900	$149	71
128 Dijon Dr	0.43mi	4/2.0	1,675 (-6%)	1mo	$205,000	$122	69
110 Fountain Dr	0.40mi	4/2.5	1,898 (+6%)	1mo	$185,000	$97	68
106 Matthews Dr	0.27mi	4/2.0	1,626 (-9%)	7mo	$210,000	$129	67
302 Crescentwood Loop	0.52mi	3/2.0 (-1)	1,781 (-0%)	5mo	$208,000	$117	66
209 Driftwood Cir	0.58mi	3/2.0 (-1)	1,822 (+2%)	3mo	$244,900	$134	62
206 Brian Dr	0.38mi	3/2.0 (-1)	1,561 (-12%)	2mo	$170,000	$109	54
112 Driftwood Cir	0.65mi	4/2.0	1,898 (+6%)	6mo	$245,000	$129	54
220 Brian Dr	0.48mi	3/2.0 (-1)	1,550 (-13%)	6mo	$189,000	$122	46
507 Driftwood Cir	0.52mi	3/2.0 (-1)	1,540 (-14%)	3mo	$95,000	$62	46
435 Country Club Blvd	0.69mi	3/2.5 (-1)	2,038 (+14%)	5mo	$233,000	$114	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 · 1.47% rent growth · sell at horizon

5-year hold

• IRR: -13.0%
• Equity multiple: 0.54×
• Total profit: $-25,898
• Equity at exit: $29,821

10-year hold

• IRR: -6.6%
• Equity multiple: 0.61×
• Total profit: $-21,991
• Equity at exit: $17,292

Cash invested: $56,000 (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 70458

• Rents YoY: 1.5%
• Active inventory: 489
• Price-to-rent: 8.6×

Monthly cashflow live

• Estimated rent: $1,937 high
• Mortgage (P&I): −$1,049
• Tax est. 1.5%: −$250 /mo · $3,000/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$407
• Net cashflow: $148

Break-even live

Break-even rent $1,750

Max offer price $199,999

Occupancy floor 87%

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: $50,000
• Closing costs: $6,000
• Reserves months: —
• Total cash needed: —

Rent comps 20 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
106 Kempsey Ct Slidell, LA	3.0	2.0	1650	$1,600	$0.97	21d	1	0.22mi
129 Fountain Dr Slidell, LA	4.0	2.0	1879	$1,850	$0.98	15d	1	0.32mi
542 Driftwood Cir Slidell, LA	4.0	2.0	1960	$2,100	$1.07	3d	1	0.65mi
221 Martin Ln Slidell, LA	3.0	1.5	1353	$1,800	$1.33	24d	1	0.73mi
1030 Rue Corton Slidell, LA	4.0	2.0	1931	$2,150	$1.11	44d	1	0.85mi
1011 Rue Bordeaux Slidell, LA	4.0	2.0	2268	$2,000	$0.88	3d	1	0.95mi
1011 Rue Bordeaux Slidell, LA	4.0	2.0	2268	$2,000	$0.88	3d	1	0.95mi
347 Oriole Dr Slidell, LA	4.0	1.5	1560	$1,500	$0.96	24d	1	0.96mi
347 Oriole Dr Slidell, LA	4.0	1.5	1560	$1,500	$0.96	44d	1	0.96mi
120 Christian Ln Slidell, LA	3.0	2.0	1375	$1,875	$1.36	3d	1	0.97mi
120 Christian Ln Slidell, LA	3.0	2.0	1375	$1,875	$1.36	3d	1	0.97mi
117 S Queens Dr Slidell, LA	4.0	2.0	1476	$1,800	$1.22	3d	1	1.02mi
102 N Dabney Dr Slidell, LA	3.0	2.0	2432	$2,800	$1.15	16d	1	1.15mi
36409 Jackson Rd Slidell, LA	4.0	2.0	1670	$2,100	$1.26	44d	1	1.20mi
513 Michigan Ave Slidell, LA	3.0	2.0	1250	$1,575	$1.26	24d	1	1.22mi
1466 Florida Ave Slidell, LA	3.0	2.0	1456	$2,200	$1.51	44d	1	1.22mi
1540 Queens Dr Slidell, LA	4.0	2.0	1900	$2,300	$1.21	17d	1	1.28mi
433 Grafton Dr Slidell, LA	3.0	2.0	1625	$1,900	$1.17	44d	1	1.36mi
1540 Wildwood Ln Slidell, LA	3.0	2.0	1525	$2,200	$1.44	24d	1	1.41mi
100 Firwood Dr Slidell, LA	4.0	2.0	1649	$1,900	$1.15	44d	1	1.42mi

Listing history 23 events

1. 2026-06-18
   days on market $199,999 Active 113 DOM
2. 2026-06-17
   days on market $199,999 Active 112 DOM
3. 2026-06-16
   pricedays on market $199,999 Active 111 DOM
4. 2026-06-15
   days on market $209,000 Active 110 DOM
5. 2026-06-13
   days on market $209,000 Active 108 DOM
6. 2026-06-10
   days on market $209,000 Active 105 DOM
7. 2026-06-09
   days on market $209,000 Active 104 DOM
8. 2026-06-08
   days on market $209,000 Active 103 DOM
9. 2026-06-07
   days on market $209,000 Active 102 DOM
10. 2026-06-03
    days on market $209,000 Active 98 DOM
11. 2026-06-02
    days on market $209,000 Active 97 DOM
12. 2026-06-01
    days on market $209,000 Active 96 DOM
13. 2026-05-31
    days on market $209,000 Active 95 DOM
14. 2026-03-24
    price $219,000 913-char remark

    Show marketing remark (913 chars)

    Welcome to this charming 4-bedroom, 2-bath home in the heart of Slidell! Located at 201 Darwin Dr, this property offers fantastic curb appeal and a welcoming feel from the moment you arrive. Inside, you'll find a spacious, comfortable layout filled with character and ready for your personal touches. The oversized formal dining room offers endless possibilities; this would create an opportunity for entertaining, a second living area, home office, or playroom, if you need even more space. A bright, closed-in sunroom provides additional living space and overlooks a wonderful backyard that's fit for gatherings, gardening, or simply relaxing outdoors. All four bedrooms are generously sized, and the closets offer great storage throughout. This home has great bones, plenty of room to spread out, and a warm, homey atmosphere. This home presents a wonderful opportunity to customize and make it truly your own!

15. 2026-03-23
    price $219,000 925-char remark

    Show marketing remark (925 chars)

    Welcome to this charming 4-bedroom, 2-bath home in the heart of Slidell! Located at 201 Darwin Dr, this property offers fantastic curb appeal and a welcoming feel from the moment you arrive. Inside, you’ll find a spacious, comfortable layout filled with character and ready for your personal touches. The oversized formal dining room offers endless possibilities; this would create an opportunity for entertaining, a second living area, home office, or playroom, if you need even more space. A bright, closed-in sunroom provides additional living space and overlooks a wonderful backyard that’s fit for gatherings, gardening, or simply relaxing outdoors. All four bedrooms are generously sized, and the closets offer great storage throughout. This home has great bones, plenty of room to spread out, and a warm, homey atmosphere. This home presents a wonderful opportunity to customize and make it truly your own!

16. 2026-02-24
    listed $229,000 Active 913-char remark

    Show marketing remark (925 chars)

    Welcome to this charming 4-bedroom, 2-bath home in the heart of Slidell! Located at 201 Darwin Dr, this property offers fantastic curb appeal and a welcoming feel from the moment you arrive. Inside, you’ll find a spacious, comfortable layout filled with character and ready for your personal touches. The oversized formal dining room offers endless possibilities; this would create an opportunity for entertaining, a second living area, home office, or playroom, if you need even more space. A bright, closed-in sunroom provides additional living space and overlooks a wonderful backyard that’s fit for gatherings, gardening, or simply relaxing outdoors. All four bedrooms are generously sized, and the closets offer great storage throughout. This home has great bones, plenty of room to spread out, and a warm, homey atmosphere. This home presents a wonderful opportunity to customize and make it truly your own!

17. 2026-02-24
    listed $229,000 Active 925-char remark

    Show marketing remark (925 chars)

    Welcome to this charming 4-bedroom, 2-bath home in the heart of Slidell! Located at 201 Darwin Dr, this property offers fantastic curb appeal and a welcoming feel from the moment you arrive. Inside, you’ll find a spacious, comfortable layout filled with character and ready for your personal touches. The oversized formal dining room offers endless possibilities; this would create an opportunity for entertaining, a second living area, home office, or playroom, if you need even more space. A bright, closed-in sunroom provides additional living space and overlooks a wonderful backyard that’s fit for gatherings, gardening, or simply relaxing outdoors. All four bedrooms are generously sized, and the closets offer great storage throughout. This home has great bones, plenty of room to spread out, and a warm, homey atmosphere. This home presents a wonderful opportunity to customize and make it truly your own!

18. 1998-06-24
    soldstatus $90,000
19. 1998-05-01
    listed $92,500
20. 1998-05-01
    listed $92,500
21. 1996-06-13
    soldstatus $84,500
22. 1996-04-22
    listed $89,000
23. 1996-04-22
    listed $89,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 5/10 Major 47% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥108°F today · 22 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,241
• − Mortgage interest: −$11,203
• − Property taxes: −$3,000
• − Insurance: −$1,000
• − Repairs & maintenance: −$1,859
• − Management: −$1,859
• − Depreciation: −$5,818
• Taxable loss: −$1,499
• Est. tax savings @ 24.0%: +$360
• After-tax cash flow: $2,134/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

• Census place: Slidell, LA
• County: Saint Tammany Parish · 228,296 people
• City population: 95,511
• Metro: New Orleans-Metairie, LA
• Population (ZIP): 39,034
• Household income: $72,843
• Rent vs Own: 28.2% rent · 71.8% own
• Severe rent burden: 1331.0

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: Predominantly White (66%)
• Race & ethnicity: White 66% Black 17% Two or more races 10% Hispanic / Latino 9% Native American 2% Asian 1%
• Hispanic origin (detail): Mexican 3% Puerto Rican 1%
• Common ancestry: Lithuanian 15% Slovak 2% Romanian 1%
• Foreign-born: 3% · Canada, Vietnam
• Languages at home: 93% English-only · Spanish 5% Vietnamese 1%

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: ▼ -173.60%
• Current HPI: 147.4749
• Rent YoY: ▲ 1.47%
• 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

+146.1% since first listed

10 events — show timeline

• 2026-03-24 Price Changed $219,000 AcadianaMLS
• 2026-03-23 Price Changed $219,000 GSREIN
• 2026-02-24 Listed $229,000 GSREIN
• 2026-02-24 Listed $229,000 AcadianaMLS
• 1998-06-24 Sold (MLS) $90,000 GSREIN
• 1998-05-01 Listed $92,500 GSREIN
• 1998-05-01 Listed $92,500 AcadianaMLS
• 1996-06-13 Sold (MLS) $84,500 GSREIN
• 1996-04-22 Listed $89,000 GSREIN
• 1996-04-22 Listed $89,000 AcadianaMLS

Property tax history

-14.5%/yr

Latest (2025): $209 · -14.5% YoY. Source: county tax records.