130 North Blvd · Slidell, LA 70458

$239,900

4 bd · 2.0 ba · 1,614 sqft · SingleFamily public records · 7 Days on market

Built 1982 9,583 sqft lot Est $205k · 17% over

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Why this score? — see what drove the F 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 +12.7/30.0
• Schools +4.3/10.0
• DSCR +3.8/10.0
• Livability +3.5/5.0
• 1% rule +3.1/10.0
• Rent growth +2.9/5.0
• Condition / age +2.5/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Fully renovated 4/2 in the heart of Slidell. This home is located near Hwy 11 and I-12. Renovations include new kitchen cabinets, quartz countertops, bathroom vanities, windows, flooring, and fixtures throughout. A must see.

Key facts

• Fully renovated
• Quartz countertops
• New flooring

Tags

• FULLY RENOVATED
• NEW KITCHEN CABINETS
• QUARTZ COUNTERTOPS
• BATHROOM VANITIES
• NEW WINDOWS
• NEW FLOORING

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $240k.

Deal economics

• At list price, monthly cash flow is $-27 ($-324/yr) — negative.
• To cash-flow at today's rent, offer at most $235k (2.0% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $194k (19.1% below list).
• Recommended offer: $194k (19.1% below list) — sets the bar for 1% rule.

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; 19 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 42% of comp listings sitting > 30 days — soft ceiling on asking rent; 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 $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

• Only 7 days on market — expect competitive offers; lowballing is unlikely to land.
• 14 sale attempts since 19y ago 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 $167k; 44% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Recommended offer $193,981 (19.1% below list)

Questions for the listing agent

1. 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?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
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: 0.81% ✗
• Cap rate: 6.16%
• Cash-on-cash: -0.48%
• DSCR: 0.98
• GRM: 10.3

CMA / ARV

• ARV (on-the-fly): $204,978
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
130 North Blvd	0.00mi	4/2.0	1,614 (0%)	1mo	$239,900	$149	99
206 Brian Dr	0.19mi	3/2.0 (-1)	1,561 (-3%)	2mo	$170,000	$109	79
128 Dijon Dr	0.38mi	4/2.0	1,675 (+4%)	1mo	$205,000	$122	75
210 Anthony Dr	0.13mi	4/2.0	1,448 (-10%)	2mo	$204,000	$141	75
106 Matthews Dr	0.38mi	4/2.0	1,626 (+1%)	7mo	$210,000	$129	75
507 Driftwood Cir	0.28mi	3/2.0 (-1)	1,540 (-5%)	3mo	$95,000	$62	72
220 Brian Dr	0.31mi	3/2.0 (-1)	1,550 (-4%)	6mo	$189,000	$122	69
206 Canberra Ct	0.34mi	3/2.0 (-1)	1,500 (-7%)	1mo	$130,000	$87	66
302 Crescentwood Loop	0.28mi	3/2.0 (-1)	1,781 (+10%)	5mo	$208,000	$117	61
331 Thames Dr	0.66mi	3/2.0 (-1)	1,594 (-1%)	2mo	$202,000	$127	61
209 Driftwood Cir	0.38mi	3/2.0 (-1)	1,822 (+13%)	3mo	$244,900	$134	53
338 Country Club Blvd	0.63mi	3/2.0 (-1)	1,851 (+15%)	3mo	$244,000	$132	39

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: -18.7%
• Equity multiple: 0.35×
• Total profit: $-43,569
• Equity at exit: $35,770

10-year hold

• IRR: -14.4%
• Equity multiple: 0.23×
• Total profit: $-51,987
• Equity at exit: $20,742

Cash invested: $67,172 (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: 10.3×

Monthly cashflow live

• Estimated rent: $1,940 high
• Mortgage (P&I): −$1,258
• Tax from tax record: −$201 /mo · $2,418/yr
• Insurance: −$100
• HOA: −$0
• Vacancy / Maint / Mgmt: −$407
• Net cashflow: $-27

Break-even live

Break-even rent $1,974

Max offer price $235,124

Occupancy floor 96%

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: $59,975
• Closing costs: $7,197
• Reserves months: —
• Total cash needed: —

Rent comps 19 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
542 Driftwood Cir Slidell, LA	4.0	2.0	1960	$2,100	$1.07	3d	1	0.42mi
106 Kempsey Ct Slidell, LA	3.0	2.0	1650	$1,600	$0.97	21d	1	0.44mi
129 Fountain Dr Slidell, LA	4.0	2.0	1879	$1,850	$0.98	14d	1	0.45mi
117 S Queens Dr Slidell, LA	4.0	2.0	1476	$1,800	$1.22	3d	1	0.78mi
221 Martin Ln Slidell, LA	3.0	1.5	1353	$1,800	$1.33	23d	1	0.80mi
120 Christian Ln Slidell, LA	3.0	2.0	1375	$1,875	$1.36	3d	1	0.83mi
120 Christian Ln Slidell, LA	3.0	2.0	1375	$1,875	$1.36	3d	1	0.83mi
347 Oriole Dr Slidell, LA	4.0	1.5	1560	$1,500	$0.96	43d	1	0.87mi
347 Oriole Dr Slidell, LA	4.0	1.5	1560	$1,500	$0.96	23d	1	0.87mi
1030 Rue Corton Slidell, LA	4.0	2.0	1931	$2,150	$1.11	43d	1	1.01mi
100 Firwood Dr Slidell, LA	4.0	2.0	1649	$1,900	$1.15	43d	1	1.19mi
433 Grafton Dr Slidell, LA	3.0	2.0	1625	$1,900	$1.17	43d	1	1.32mi
36409 Jackson Rd Slidell, LA	4.0	2.0	1670	$2,100	$1.26	43d	1	1.37mi
1466 Florida Ave Slidell, LA	3.0	2.0	1456	$2,200	$1.51	43d	1	1.37mi
557 Claiborne Trails Dr Slidell, LA	3.0	2.0	1690	$2,300	$1.36	43d	1	1.37mi
641 Haaswood Ln Slidell, LA	3.0	2.0	1721	$2,400	$1.39	43d	1	1.41mi
101 Dante Cir Slidell, LA	4.0	2.0	1941	$1,950	$1.00	11d	1	1.43mi
513 Michigan Ave Slidell, LA	3.0	2.0	1250	$1,575	$1.26	23d	1	1.44mi
1540 Queens Dr Slidell, LA	4.0	2.0	1900	$2,300	$1.21	17d	1	1.48mi

Listing history 25 events

1. 2026-04-22
   status Pending 224-char remark

   Show marketing remark (224 chars)

   Fully renovated 4/2 in the heart of Slidell. This home is located near Hwy 11 and I-12. Renovations include new kitchen cabinets, quartz countertops, bathroom vanities, windows, flooring, and fixtures throughout. A must see.

2. 2026-04-22
   status Pending

   Show marketing remark (224 chars)

   Fully renovated 4/2 in the heart of Slidell. This home is located near Hwy 11 and I-12. Renovations include new kitchen cabinets, quartz countertops, bathroom vanities, windows, flooring, and fixtures throughout. A must see.

3. 2026-02-06
   listed $239,900 Active 224-char remark

   Show marketing remark (224 chars)

   Fully renovated 4/2 in the heart of Slidell. This home is located near Hwy 11 and I-12. Renovations include new kitchen cabinets, quartz countertops, bathroom vanities, windows, flooring, and fixtures throughout. A must see.

4. 2026-02-06
   listed $239,900 Active

   Show marketing remark (224 chars)

   Fully renovated 4/2 in the heart of Slidell. This home is located near Hwy 11 and I-12. Renovations include new kitchen cabinets, quartz countertops, bathroom vanities, windows, flooring, and fixtures throughout. A must see.

5. 2025-09-12
   soldstatus Closed
6. 2025-08-14
   status Pending
7. 2025-08-05
   listed $147,000 Active
8. 2025-08-05
   listed $147,000 Active
9. 2025-08-05
   listed $147,000
10. 2020-02-21
    soldstatus Closed
11. 2020-02-21
    soldstatus $167,000
12. 2020-01-21
    status Pending
13. 2020-01-20
    status Active
14. 2020-01-13
    status Pending
15. 2019-12-05
    listed $169,900
16. 2019-12-05
    listed $169,900 Active
17. 2016-02-04
    historical
18. 2015-10-23
    listed $149,900 Active
19. 2015-10-23
    listed $149,900
20. 2011-05-17
    listed $134,900
21. 2011-05-17
    listed $134,900
22. 2007-07-25
    soldstatus $141,900
23. 2007-07-13
    soldstatus
24. 2007-03-08
    listed $141,900
25. 2007-03-08
    listed $141,900

ⓘ 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: $2,418 · $201/mo
• Projected year-2 tax: $2,418 · $201/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: $23,278
• − Mortgage interest: −$13,438
• − Property taxes: −$2,418
• − Insurance: −$1,200
• − Repairs & maintenance: −$1,862
• − Management: −$1,862
• − Depreciation: −$6,979
• Taxable loss: −$4,481
• Est. tax savings @ 24.0%: +$1,075
• After-tax cash flow: $751/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

+69.1% since first listed

25 events — show timeline

• 2026-04-22 Pending — AcadianaMLS
• 2026-04-22 Pending — GBRMLS
• 2026-02-06 Listed $239,900 GBRMLS
• 2026-02-06 Listed $239,900 AcadianaMLS
• 2025-09-12 Sold (MLS) — GSREIN
• 2025-08-14 Pending — GSREIN
• 2025-08-05 Listed $147,000 AcadianaMLS
• 2025-08-05 Listed $147,000 GSREIN
• 2025-08-05 Listed $147,000 AcadianaMLS
• 2020-02-21 Sold (Public Records) $167,000 Public Records
• 2020-02-21 Sold (MLS) — GSREIN
• 2020-01-21 Pending — GSREIN
• 2020-01-20 Relisted — GSREIN
• 2020-01-13 Pending — GSREIN
• 2019-12-05 Listed $169,900 GSREIN
• 2019-12-05 Listed $169,900 AcadianaMLS
• 2016-02-04 Listing Removed — GSREIN
• 2015-10-23 Listed $149,900 GSREIN
• 2015-10-23 Listed $149,900 AcadianaMLS
• 2011-05-17 Listed $134,900 GSREIN
• 2011-05-17 Listed $134,900 AcadianaMLS
• 2007-07-25 Sold (Public Records) $141,900 Public Records
• 2007-07-13 Sold (MLS) — GSREIN
• 2007-03-08 Listed $141,900 GSREIN
• 2007-03-08 Listed $141,900 AcadianaMLS

Property tax history

+0.7%/yr

Latest (2025): $2,418 · -6.2% YoY. Source: county tax records.