2658 New York St · New Orleans, LA
Flood risk 9/10 · Severe
- FEMA flood zone
- X (shaded)
- Chance of flooding over 30 yrs
- 0.77%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $1,269 – $2,357
Heat risk 10/10 · Severe
- Hot days now (above 107°F)
- 7 days/yr
- Hot days in 30 yrs
- 21 days/yr
Wind risk 10/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 4 days/yr
- Unhealthy air days in 30 yrs
- 4 days/yr
Risk factors via First Street. Map © Google.
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 +20.2/30.0
- ARV discount +15.0/15.0
- DSCR +6.4/10.0
- 1% rule +5.0/10.0
- Livability +4.0/5.0
- Condition / age +2.5/5.0
- Rent growth +2.3/5.0
- Schools +1.6/10.0
- Appreciation +0.0/10.0
$207,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
JEWEL IN GENTILLY BEAUTIFUL 3 BEDROOM 2 BATHS RIGHT OFF FRANKLIN AV JUST RENOVATED 10/25 INSIDE AND OUT BEAUTIFUL RAISED OFF THE GROUND SINGLE FRESHLY PAINTED, NEW FLOORING LIVING ROOM DINING ROOM AND DEN OPEN FLOOR PLAN KITCHEN AND DEN READY FOR OCCUPANCY WITH LOTS OF NEW FEATURES BEAUTIFUL WOOD COVERED PATIO TUCKED AWAY PRIVATLEY READY FOR FAMILY GATHERINGS JUST PAINTED NEXT TO GATED LONG DRIVEWAY WITH DECOR IRON CUSTOM GATE CAN ACCOMODATE AT LEAST 4 OR MORE CARS HUGE BACK YARD FOR ENTERTAING OR GARDENING GREAT GENTILLY LOCATION READY FOR OCCUPANCY CALL FOR WILL JEANPIERRE FOR DETAILS. ADDITIONAL UPDATEMENT ALLOWANCE AVAILABLE OR CAN GO TOWARDS INSURANCE OR CLOSING COST CALL FOR DETAILS !!!
Key facts
- Open floor plan
- New flooring
- Freshly painted
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath single-family listed at $207k.
Deal economics
- At list price, monthly cash flow is $196 ($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 $206k (0.5% below list).
- Recommended offer: $182k (12.0% below list) — sets the bar for market timing.
- Cap rate 7.8% vs local median 4.4% in New Orleans — 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 81/100 on livability (#3 in LA, #1,383 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, health & safety A+; Watch: crime C-, employment D.
- Orleans Parish (urban): math 11% / reading 27% proficiency, ranked #69 of 98 in LA (top 70%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 68% free/reduced lunch — lower-income household profile, screen leases tightly.
- Market conditions: Rents soft (-0.6%/yr); 332 active listings in the ZIP; 38 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 710 units permitted in Orleans Parish in 2024 (244 in 5+ unit buildings).
- At $2,061/mo this rent would consume 50% of the median local household income ($49k/yr) (locally 2150% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.
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.
- Orleans County population projected at +61% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 225 days — a 12% lower offer ($182k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts; this cycle's ask has dropped $40k (16%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $30k; list at $207k implies a 590% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: flood insurance adds $66/mo.
- Climate carrying-cost: severe flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 225 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1960 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
- 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.
- 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
- 1.00% ✗
- Cap rate
- 7.82%
- Cash-on-cash
- 5.44%
- DSCR
- 1.24
- GRM
- 8.4
CMA / ARV
- ARV (median comp)
- $286,147
- List price
- $207,000
- Delta
- -27.66%
- 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 |
|---|---|---|---|---|---|---|---|
| 6429 Eads St | 0.07mi | 3/2.0 | 1,750 (+1%) | 4mo | $305,000 | $174 | 92 |
| 6128 Campus Blvd | 0.34mi | 3/2.0 | 1,760 (+2%) | 3mo | $314,000 | $178 | 79 |
| 6308 Peoples Ave | 0.15mi | 3/2.0 | 1,588 (-8%) | 1mo | $107,000 | $67 | 78 |
| 2444 Allen Toussaint Blvd | 0.33mi | 3/2.0 | 1,799 (+4%) | 3mo | $408,000 | $227 | 76 |
| 5700 Peoples Ave | 0.49mi | 3/2.0 | 1,658 (-4%) | 6mo | $330,000 | $199 | 65 |
| 2452 Lark St | 0.41mi | 3/2.5 | 1,854 (+7%) | 4mo | $139,000 | $75 | 64 |
| 2656 Prentiss Ave Ave | 0.52mi | 3/1.5 | 1,669 (-4%) | 6mo | $165,000 | $99 | 63 |
| 5757 Campus Blvd | 0.51mi | 3/2.5 | 1,853 (+7%) | 5mo | $265,000 | $143 | 58 |
| 5917 Campus . Blvd | 0.45mi | 3/2.0 | 1,518 (-12%) | 1mo | $170,000 | $112 | 57 |
| 2535 Athis St | 0.44mi | 4/2.5 (+1) | 1,930 (+11%) | 1mo | $355,000 | $184 | 52 |
| 5511 Saint Roch Ave | 0.72mi | 2/2.0 (-1) | 1,625 (-6%) | 5mo | $149,500 | $92 | 47 |
| 5522 Eads St | 0.61mi | 3/3.0 | 1,533 (-12%) | 6mo | $160,000 | $104 | 43 |
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
- -13.4%
- Equity multiple
- 0.53×
- Total profit
- $-27,036
- Equity at exit
- $30,864
- IRR
- -10.0%
- Equity multiple
- 0.47×
- Total profit
- $-30,639
- Equity at exit
- $17,898
Cash invested: $57,960 (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 70122
- Rents YoY
- -0.6%
- Active inventory
- 332
- Price-to-rent
- 8.4×
Monthly cashflow live
- Estimated rent
- $2,061 high interval (Pro) →
- Mortgage (P&I)
- −$1,086
- Tax from tax record
- −$193 /mo · $2,319/yr
- Insurance
- −$86
- Flood insurance flood zone
- −$66 /mo · $798/yr
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$433
- Net cashflow
- $196
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
- $51,750
- Closing costs
- $6,210
- 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 38 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 6416 Baccich St New Orleans, LA | 3.0 | 2.0 | 1908 | $2,500 | $1.31 | 44d | 1 | 0.07mi |
| 6226 Lafaye St New Orleans, LA | 2.0 | 2.0 | 1137 | $2,600 | $2.29 | 12d | 1 | 0.11mi |
| 6226 Lafaye St New Orleans, LA | 2.0 | 2.0 | 1137 | $2,600 | $2.29 | 44d | 1 | 0.11mi |
| 6530 Peoples Ave New Orleans, LA | 3.0 | 2.0 | 1200 | $1,800 | $1.50 | 24d | 1 | 0.16mi |
| 2701 03 Frankfort St New Orleans, LA | 3.0 | 1.0 | 1100 | $1,850 | $1.68 | 24d | 1 | 0.26mi |
| 6222 Arts St Unit 6226 New Orleans, LA | 2.0 | 1.5 | 1120 | $1,250 | $1.12 | 24d | 1 | 0.29mi |
| 6329 Spain St New Orleans, LA | 3.0 | 2.0 | 1545 | $2,100 | $1.36 | 16d | 1 | 0.45mi |
| 2458 Athis St New Orleans, LA | 4.0 | 2.0 | 1530 | $2,200 | $1.44 | 24d | 1 | 0.54mi |
| 2312 Madrid St New Orleans, LA | 2.0 | 1.0 | 1100 | $1,475 | $1.34 | 24d | 1 | 0.56mi |
| 5550 Press Dr New Orleans, LA | 3.0 | 2.0 | 1640 | $2,000 | $1.22 | 16d | 1 | 0.71mi |
| 6202 Vermillion Blvd New Orleans, LA | 3.0 | 2.0 | 1200 | $1,700 | $1.42 | 16d | 1 | 0.78mi |
| 5519 Mandeville St New Orleans, LA | 3.0 | 1.0 | 1125 | $1,650 | $1.47 | 3d | 1 | 0.82mi |
| 6217 Curie St New Orleans, LA | 3.0 | 2.0 | 1700 | $1,500 | $0.88 | 24d | 1 | 0.85mi |
| 6009 Pasteur Blvd New Orleans, LA | 3.0 | 2.0 | 1250 | $1,785 | $1.43 | 24d | 1 | 0.86mi |
| 6010 Pasteur Blvd New Orleans, LA | 4.0 | 3.0 | 2010 | $2,600 | $1.29 | 17d | 1 | 0.90mi |
| 5718 Vermillion Blvd Unit A New Orleans, LA | 3.0 | 1.0 | 1300 | $2,000 | $1.54 | 24d | 1 | 0.90mi |
| 5925 Pauline Dr New Orleans, LA | 3.0 | 2.0 | 1566 | $2,325 | $1.48 | 16d | 1 | 0.90mi |
| 5172 Venus St Unit 5172 New Orleans, LA | 3.0 | 2.5 | 1864 | $2,450 | $1.31 | 24d | 1 | 0.92mi |
| 5723 Pasteur Blvd New Orleans, LA | 3.0 | 2.0 | 1150 | $1,700 | $1.48 | 17d | 1 | 0.92mi |
| 5747 Pauline Dr New Orleans, LA | 3.0 | 1.0 | 1300 | $1,400 | $1.08 | 12d | 1 | 0.96mi |
| 6079 Saint Anthony Ave New Orleans, LA | 3.0 | 2.0 | 1400 | $2,400 | $1.71 | 16d | 1 | 0.97mi |
| 1940 Allen Toussaint Blvd Unit 1940 New Orleans, LA | 3.0 | 2.0 | 1500 | $1,600 | $1.07 | 24d | 1 | 1.01mi |
| 1940 Allen Toussaint Blvd New Orleans, LA | 3.0 | 2.0 | 1500 | $1,550 | $1.03 | 11d | 1 | 1.01mi |
| 5546 Pasteur Blvd Unit A New Orleans, LA | 3.0 | 1.0 | 1200 | $1,400 | $1.17 | 24d | 1 | 1.01mi |
| 4722 Mithra St New Orleans, LA | 3.0 | 1.5 | 1295 | $1,600 | $1.24 | 24d | 1 | 1.04mi |
| 4936 Baccich St New Orleans, LA | 3.0 | 1.0 | 1053 | $1,700 | $1.61 | 24d | 1 | 1.06mi |
| 1903 Rosary Dr New Orleans, LA | 3.0 | 2.0 | 1500 | $1,800 | $1.20 | 24d | 1 | 1.08mi |
| 4767 Lafaye St New Orleans, LA | 3.0 | 2.0 | 1469 | $2,000 | $1.36 | 24d | 1 | 1.14mi |
| 5322 Saint Anthony Ave New Orleans, LA | 3.0 | 2.0 | 1192 | $2,000 | $1.68 | 16d | 1 | 1.21mi |
| 4681 Eastern St New Orleans, LA | 2.0 | 1.0 | 1100 | $1,400 | $1.27 | 16d | 1 | 1.25mi |
| 5151 Saint Anthony Ave New Orleans, LA | 3.0 | 2.0 | 1200 | $1,795 | $1.50 | 16d | 1 | 1.29mi |
| 5716 Warrington Dr New Orleans, LA | 4.0 | 3.0 | 1560 | $2,000 | $1.28 | 17d | 1 | 1.31mi |
| 7702 Belcrest Pl New Orleans, LA | 3.0 | 1.5 | 1150 | $1,650 | $1.43 | 24d | 1 | 1.42mi |
| 5704 Count Ln New Orleans, LA | 3.0 | 1.5 | 1572 | $1,700 | $1.08 | 24d | 1 | 1.43mi |
| 7404 Sussex Pl New Orleans, LA | 2.0 | 1.5 | 1400 | $1,450 | $1.04 | 3d | 1 | 1.45mi |
| 4618 Marigny St New Orleans, LA | 3.0 | 1.0 | 1320 | $1,900 | $1.44 | 24d | 1 | 1.45mi |
| 7611 Mayfair Pl New Orleans, LA | 2.0 | 1.5 | 1440 | $1,450 | $1.01 | 3d | 1 | 1.48mi |
| 5900 Chatham Dr New Orleans, LA | 3.0 | 2.0 | 1864 | $2,500 | $1.34 | 3d | 1 | 1.49mi |
Listing history 21 events
-
2026-06-18days on market $207,000 Active 225 DOM
-
2026-06-17days on market $207,000 Active 224 DOM
-
2026-06-16days on market $207,000 Active 223 DOM
-
2026-06-15days on market $207,000 Active 222 DOM
-
2026-06-13days on market $207,000 Active 220 DOM
-
2026-06-10days on market $207,000 Active 217 DOM
-
2026-06-09days on market $207,000 Active 216 DOM
-
2026-06-08days on market $207,000 Active 215 DOM
-
2026-06-07days on market $207,000 Active 214 DOM
-
2026-06-05days on market $207,000 Active 211 DOM
-
2026-06-03days on market $207,000 Active 210 DOM
-
2026-06-02days on market $207,000 Active 209 DOM
-
2026-06-01days on market $207,000 Active 208 DOM
-
2026-05-31days on market $207,000 Active 207 DOM
-
2026-03-30price $207,000 701-char remark
Show marketing remark (703 chars)
JEWEL IN GENTILLY BEAUTIFUL 3 BEDROOM 2 BATHS RIGHT OFF FRANKLIN AV JUST RENOVATED 10/25 INSIDE AND OUT BEAUTIFUL RAISED OFF THE GROUND SINGLE FRESHLY PAINTED, NEW FLOORING LIVING ROOM DINING ROOM AND DEN OPEN FLOOR PLAN KITCHEN AND DEN READY FOR OCCUPANCY WITH LOTS OF NEW FEATURES BEAUTIFUL WOOD COVERED PATIO TUCKED AWAY PRIVATLEY READY FOR FAMILY GATHERINGS JUST PAINTED NEXT TO GATED LONG DRIVEWAY WITH DECOR IRON CUSTOM GATE CAN ACCOMODATE AT LEAST 4 OR MORE CARS HUGE BACK YARD FOR ENTERTAING OR GARDENING GREAT GENTILLY LOCATION READY FOR OCCUPANCY CALL FOR WILL JEANPIERRE FOR DETAILS. ADDITIONAL UPDATEMENT ALLOWANCE AVAILABLE OR CAN GO TOWARDS INSURANCE OR CLOSING COST CALL FOR DETAILS !!!
-
2026-03-30price $207,000 703-char remark
Show marketing remark (703 chars)
JEWEL IN GENTILLY BEAUTIFUL 3 BEDROOM 2 BATHS RIGHT OFF FRANKLIN AV JUST RENOVATED 10/25 INSIDE AND OUT BEAUTIFUL RAISED OFF THE GROUND SINGLE FRESHLY PAINTED, NEW FLOORING LIVING ROOM DINING ROOM AND DEN OPEN FLOOR PLAN KITCHEN AND DEN READY FOR OCCUPANCY WITH LOTS OF NEW FEATURES BEAUTIFUL WOOD COVERED PATIO TUCKED AWAY PRIVATLEY READY FOR FAMILY GATHERINGS JUST PAINTED NEXT TO GATED LONG DRIVEWAY WITH DECOR IRON CUSTOM GATE CAN ACCOMODATE AT LEAST 4 OR MORE CARS HUGE BACK YARD FOR ENTERTAING OR GARDENING GREAT GENTILLY LOCATION READY FOR OCCUPANCY CALL FOR WILL JEANPIERRE FOR DETAILS. ADDITIONAL UPDATEMENT ALLOWANCE AVAILABLE OR CAN GO TOWARDS INSURANCE OR CLOSING COST CALL FOR DETAILS !!!
-
2026-01-12price $227,000 701-char remark
Show marketing remark (703 chars)
JEWEL IN GENTILLY BEAUTIFUL 3 BEDROOM 2 BATHS RIGHT OFF FRANKLIN AV JUST RENOVATED 10/25 INSIDE AND OUT BEAUTIFUL RAISED OFF THE GROUND SINGLE FRESHLY PAINTED, NEW FLOORING LIVING ROOM DINING ROOM AND DEN OPEN FLOOR PLAN KITCHEN AND DEN READY FOR OCCUPANCY WITH LOTS OF NEW FEATURES BEAUTIFUL WOOD COVERED PATIO TUCKED AWAY PRIVATLEY READY FOR FAMILY GATHERINGS JUST PAINTED NEXT TO GATED LONG DRIVEWAY WITH DECOR IRON CUSTOM GATE CAN ACCOMODATE AT LEAST 4 OR MORE CARS HUGE BACK YARD FOR ENTERTAING OR GARDENING GREAT GENTILLY LOCATION READY FOR OCCUPANCY CALL FOR WILL JEANPIERRE FOR DETAILS. ADDITIONAL UPDATEMENT ALLOWANCE AVAILABLE OR CAN GO TOWARDS INSURANCE OR CLOSING COST CALL FOR DETAILS !!!
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2026-01-12price $227,000 703-char remark
Show marketing remark (703 chars)
JEWEL IN GENTILLY BEAUTIFUL 3 BEDROOM 2 BATHS RIGHT OFF FRANKLIN AV JUST RENOVATED 10/25 INSIDE AND OUT BEAUTIFUL RAISED OFF THE GROUND SINGLE FRESHLY PAINTED, NEW FLOORING LIVING ROOM DINING ROOM AND DEN OPEN FLOOR PLAN KITCHEN AND DEN READY FOR OCCUPANCY WITH LOTS OF NEW FEATURES BEAUTIFUL WOOD COVERED PATIO TUCKED AWAY PRIVATLEY READY FOR FAMILY GATHERINGS JUST PAINTED NEXT TO GATED LONG DRIVEWAY WITH DECOR IRON CUSTOM GATE CAN ACCOMODATE AT LEAST 4 OR MORE CARS HUGE BACK YARD FOR ENTERTAING OR GARDENING GREAT GENTILLY LOCATION READY FOR OCCUPANCY CALL FOR WILL JEANPIERRE FOR DETAILS. ADDITIONAL UPDATEMENT ALLOWANCE AVAILABLE OR CAN GO TOWARDS INSURANCE OR CLOSING COST CALL FOR DETAILS !!!
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2025-11-04$247,000 Active 701-char remark
Show marketing remark (703 chars)
JEWEL IN GENTILLY BEAUTIFUL 3 BEDROOM 2 BATHS RIGHT OFF FRANKLIN AV JUST RENOVATED 10/25 INSIDE AND OUT BEAUTIFUL RAISED OFF THE GROUND SINGLE FRESHLY PAINTED, NEW FLOORING LIVING ROOM DINING ROOM AND DEN OPEN FLOOR PLAN KITCHEN AND DEN READY FOR OCCUPANCY WITH LOTS OF NEW FEATURES BEAUTIFUL WOOD COVERED PATIO TUCKED AWAY PRIVATLEY READY FOR FAMILY GATHERINGS JUST PAINTED NEXT TO GATED LONG DRIVEWAY WITH DECOR IRON CUSTOM GATE CAN ACCOMODATE AT LEAST 4 OR MORE CARS HUGE BACK YARD FOR ENTERTAING OR GARDENING GREAT GENTILLY LOCATION READY FOR OCCUPANCY CALL FOR WILL JEANPIERRE FOR DETAILS. ADDITIONAL UPDATEMENT ALLOWANCE AVAILABLE OR CAN GO TOWARDS INSURANCE OR CLOSING COST CALL FOR DETAILS !!!
-
2025-11-04$247,000 Active 703-char remark
Show marketing remark (703 chars)
JEWEL IN GENTILLY BEAUTIFUL 3 BEDROOM 2 BATHS RIGHT OFF FRANKLIN AV JUST RENOVATED 10/25 INSIDE AND OUT BEAUTIFUL RAISED OFF THE GROUND SINGLE FRESHLY PAINTED, NEW FLOORING LIVING ROOM DINING ROOM AND DEN OPEN FLOOR PLAN KITCHEN AND DEN READY FOR OCCUPANCY WITH LOTS OF NEW FEATURES BEAUTIFUL WOOD COVERED PATIO TUCKED AWAY PRIVATLEY READY FOR FAMILY GATHERINGS JUST PAINTED NEXT TO GATED LONG DRIVEWAY WITH DECOR IRON CUSTOM GATE CAN ACCOMODATE AT LEAST 4 OR MORE CARS HUGE BACK YARD FOR ENTERTAING OR GARDENING GREAT GENTILLY LOCATION READY FOR OCCUPANCY CALL FOR WILL JEANPIERRE FOR DETAILS. ADDITIONAL UPDATEMENT ALLOWANCE AVAILABLE OR CAN GO TOWARDS INSURANCE OR CLOSING COST CALL FOR DETAILS !!!
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1977-07-18soldstatus $30,000
ⓘ 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
- $2,319 · $193/mo
- Projected year-2 tax
- $2,319 · $193/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 9/10 Extreme FEMA zone X (shaded) · 77% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 10/10 Extreme 7 d/yr ≥107°F today · 21 d/yr by 30 yrs out
- Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
- Air quality 4/10 Moderate 4 unhealthy d/yr today · 4 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
- $24,728
- − Mortgage interest
- −$11,595
- − Property taxes
- −$2,319
- − Insurance
- −$1,832
- − Repairs & maintenance
- −$1,978
- − Management
- −$1,978
- − Depreciation
- −$6,022
- Taxable loss
- −$997
- Est. tax savings @ 24.0%
- +$239
- After-tax cash flow
- $2,597/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
- Orleans Parish
- NCES district ID
- 2201170
- Math proficiency
- 11% ▼ -52.00%
- Reading proficiency
- 27% ▼ -46.00%
- Median HH income
- $37,011
- Composite
- 15.78/100
- National rank
- #9271
- State rank
- #69 of 98 in LA
Livability — New Orleans
- Score
- 81/100
- State rank
- #3
- US rank
- #1383
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- New Orleans, LA
- County
- Orleans Parish · 338,817 people
- City population
- 338,817
- Metro
- New Orleans-Metairie, LA
- Population (ZIP)
- 35,253
- Household income
- $49,455
- Rent vs Own
- Severe rent burden
- 2150.0
Population outlook (Orleans County) Hauer SSP2
- Today (2025)
- 513,025 people
- By 2030
- 575,781 · +12.2%
- By 2040
- 700,174 · +36.5%
- By 2050
- 826,541 · +61.1%
- By 2075
- 1,123,374 · +119.0%
- By 2100
- 1,355,609 · +164.2%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly Black (69%)
- Race & ethnicity
- Black 69% White 18% Two or more races 7% Hispanic / Latino 6% Asian 1%
- Hispanic origin (detail)
- Mexican 1%
- Common ancestry
- Lithuanian 4% Italian 2% Slovak 1%
- Foreign-born
- 4% · Canada, China
- Languages at home
- 92% English-only · Spanish 5% Chinese 1% French/Haitian/Cajun 1%
Political lean MEDSL · Orleans
- 2024 margin
- Solid D (+67.0) · D 82.2% · R 15.2% · Other 2.7%
- 2008→2024 swing
- +6.7pp toward D · 2008: 60.3pp · 2024: 67.0pp
- All cycles
- 2024: D+67.0 2020: D+68.2 2016: D+66.2 2012: D+62.5 2008: D+60.3
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -222.37%
- Current HPI
- 231.9921
- Rent YoY
- ▼ -0.61%
- 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
+590.0% since first listed7 events — show timeline
- 2026-03-30 Price Changed $207,000 AcadianaMLS
- 2026-03-30 Price Changed $207,000 GSREIN
- 2026-01-12 Price Changed $227,000 AcadianaMLS
- 2026-01-12 Price Changed $227,000 GSREIN
- 2025-11-04 Listed $247,000 GSREIN
- 2025-11-04 Listed $247,000 AcadianaMLS
- 1977-07-18 Sold (Public Records) $30,000 Public Records
Property tax history
+20.4%/yrLatest (2026): $2,319 · +1393.4% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…