100 Woodridge Ct · Slidell, LA 70460

$225,000

4 bd · 2.0 ba · 1,030 sqft · SingleFamily public records · 1 Days on market

Built 1994 0.31 ac lot Est $171k · 32% 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 +16.0/30.0
• DSCR +4.9/10.0
• Schools +4.3/10.0
• Rent growth +4.0/5.0
• Livability +3.5/5.0
• 1% rule +3.3/10.0
• Condition / age +2.5/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to 100 Woodridge Court, Slidell, LA 70460--an inviting home situated on a spacious corner lot in a quiet cul-de-sac, offering comfort, convenience, and plenty of room to enjoy both inside and out. Priced at $225,000, this property presents an excellent opportunity for first-time homebuyers, growing families, or anyone looking for a well-maintained home in a desirable Slidell location. Inside, you'll find a functional floor plan designed for both everyday living and entertaining. The comfortable living spaces provide the perfect setting for relaxing with family and friends, while the layout offers flexibility to accommodate a variety of lifestyles. One of the home's standout features is its oversized backyard. With ample room for outdoor entertaining, family gatherings, gardening, pets, or future additions, this outdoor space offers endless possibilities. The corner lot location provides additional yard space and enhances the home's curb appeal. For added peace of mind, this property is located in Flood Zone X and has never flooded. Conveniently located near schools, shopping, dining, parks, and major commuter routes, you'll enjoy easy access to everything Slidell has to offer while still enjoying the privacy of a quiet neighborhood setting. Offering exceptional value, a desirable corner lot, a huge backyard, and a prime location, 100 Woodridge Court is a property you won't want to miss. Schedule your private showing today and discover everything this wonderful home has to offer.

Key facts

• Easy access
• Quiet cul-de-sac
• Flood zone x

Tags

• CORNER LOT
• OVERSIZED BACKYARD
• QUIET CUL-DE-SAC
• FLOOD ZONE X
• EASY ACCESS

Property features AI

Exterior

• Parking: Driveway; Three or more parking spaces; Boat parking; RV access/parking
• Utilities: Public water; Public sewer
• Home design: Single-story; Excellent condition
• Construction: Vinyl siding; Shingle roof; Slab foundation; Built with durable materials
• Exterior features: Outside city limits; Rectangular lot; Lot dimensions approximately 43 x 127 x 147

Interior

• Bathrooms: 2 full bathrooms
• Heating & cooling: Has heating; Has cooling
• Interior features: Ceiling fans

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $225k.

Deal economics

• At list price, monthly cash flow is $111 ($1k/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 $187k (16.7% below list).
• Recommended offer: $187k (16.7% 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 fast (+5.9%/yr); 241 active listings in the ZIP; 3 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 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

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
• 9 sale attempts since 24y 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 $83k; list at $225k implies a 171% 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→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $187,335 (16.7% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
3. 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?
4. 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.
5. 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.
6. 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: 0.83% ✗
• Cap rate: 6.88%
• Cash-on-cash: 2.11%
• DSCR: 1.09
• GRM: 10.0

CMA / ARV

• ARV (on-the-fly): $170,980
• Comps found: 9

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
100 Cedar Ridge Ct	0.07mi	3/2.0 (-1)	1,166 (+13%)	4mo	$199,999	$172	66
2103 Bluebird St	0.38mi	3/1.0 (-1)	1,020 (-1%)	13mo	$175,000	$172	61
2107 Jay St	0.51mi	3/2.0 (-1)	1,008 (-2%)	16mo	$186,000	$185	54
2116 Jay St	0.46mi	3/2.0 (-1)	1,170 (+14%)	3mo	$202,500	$173	48
108 Timber Ridge Dr	0.34mi	3/1.0 (-1)	1,087 (+6%)	22mo	$163,000	$150	48
132 Timber Ridge Dr	0.17mi	3/2.0 (-1)	1,174 (+14%)	24mo	$195,000	$166	44
2022 Mallard St	0.63mi	3/1.0 (-1)	1,148 (+12%)	1mo	$165,000	$144	41
2520 Mallard St	0.59mi	3/2.0 (-1)	1,122 (+9%)	19mo	$147,000	$131	37
2030 Swan St	0.73mi	3/2.0 (-1)	1,172 (+14%)	5mo	$150,000	$128	34

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: -10.1%
• Equity multiple: 0.62×
• Total profit: $-23,857
• Equity at exit: $33,548

10-year hold

• IRR: 2.5%
• Equity multiple: 1.20×
• Total profit: $12,536
• Equity at exit: $19,454

Cash invested: $63,000 (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 70460

• Rents YoY: 5.9%
• Active inventory: 241
• Price-to-rent: 10.0×

Monthly cashflow live

• Estimated rent: $1,873 medium
• Mortgage (P&I): −$1,180
• Tax from tax record: −$96 /mo · $1,148/yr
• Insurance: −$94
• HOA: −$0
• Vacancy / Maint / Mgmt: −$393
• Net cashflow: $111

Break-even live

Break-even rent $1,733

Max offer price $225,000

Occupancy floor 89%

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: $56,250
• Closing costs: $6,750
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2402 Pelican St Slidell, LA	3.0	2.0	1400	$1,700	$1.21	23d	1	0.29mi
2519 Crane St Slidell, LA	3.0	2.0	1160	$1,600	$1.38	23d	1	0.36mi
2322 Mallard St Slidell, LA	3.0	2.0	1400	$1,600	$1.14	43d	1	0.52mi

Listing history 2 events

1. 2026-06-18
   remarks 693-char remark

   Show marketing remark (1511 chars)

   Welcome to 100 Woodridge Court, Slidell, LA 70460--an inviting home situated on a spacious corner lot in a quiet cul-de-sac, offering comfort, convenience, and plenty of room to enjoy both inside and out. Priced at $225,000, this property presents an excellent opportunity for first-time homebuyers, growing families, or anyone looking for a well-maintained home in a desirable Slidell location. Inside, you'll find a functional floor plan designed for both everyday living and entertaining. The comfortable living spaces provide the perfect setting for relaxing with family and friends, while the layout offers flexibility to accommodate a variety of lifestyles. One of the home's standout features is its oversized backyard. With ample room for outdoor entertaining, family gatherings, gardening, pets, or future additions, this outdoor space offers endless possibilities. The corner lot location provides additional yard space and enhances the home's curb appeal. For added peace of mind, this property is located in Flood Zone X and has never flooded. Conveniently located near schools, shopping, dining, parks, and major commuter routes, you'll enjoy easy access to everything Slidell has to offer while still enjoying the privacy of a quiet neighborhood setting. Offering exceptional value, a desirable corner lot, a huge backyard, and a prime location, 100 Woodridge Court is a property you won't want to miss. Schedule your private showing today and discover everything this wonderful home has to offer.

2. 2026-06-18
   listed $225,000 Active 1 DOM

   Show marketing remark (1511 chars)

   Welcome to 100 Woodridge Court, Slidell, LA 70460--an inviting home situated on a spacious corner lot in a quiet cul-de-sac, offering comfort, convenience, and plenty of room to enjoy both inside and out. Priced at $225,000, this property presents an excellent opportunity for first-time homebuyers, growing families, or anyone looking for a well-maintained home in a desirable Slidell location. Inside, you'll find a functional floor plan designed for both everyday living and entertaining. The comfortable living spaces provide the perfect setting for relaxing with family and friends, while the layout offers flexibility to accommodate a variety of lifestyles. One of the home's standout features is its oversized backyard. With ample room for outdoor entertaining, family gatherings, gardening, pets, or future additions, this outdoor space offers endless possibilities. The corner lot location provides additional yard space and enhances the home's curb appeal. For added peace of mind, this property is located in Flood Zone X and has never flooded. Conveniently located near schools, shopping, dining, parks, and major commuter routes, you'll enjoy easy access to everything Slidell has to offer while still enjoying the privacy of a quiet neighborhood setting. Offering exceptional value, a desirable corner lot, a huge backyard, and a prime location, 100 Woodridge Court is a property you won't want to miss. Schedule your private showing today and discover everything this wonderful home has to offer.

ⓘ 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: $1,148 · $96/mo
• Projected year-2 tax: $1,238 · $103/mo
• Expected delta: +$89/yr (+$7/mo · 7.8%)

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

Climate risk First Street

• 🌊 Flood 5/10 Major FEMA zone X · 22% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥108°F today · 21 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: $22,480
• − Mortgage interest: −$12,603
• − Property taxes: −$1,148
• − Insurance: −$1,125
• − Repairs & maintenance: −$1,798
• − Management: −$1,798
• − Depreciation: −$6,545
• Taxable loss: −$2,539
• Est. tax savings @ 24.0%: +$609
• After-tax cash flow: $1,936/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

+190.3% since first listed

14 events — show timeline

• 2026-06-18 Listed $225,000 GSREIN
• 2026-06-18 Listed $225,000 AcadianaMLS
• 2024-06-16 Price Changed $215,000 GSREIN
• 2024-02-28 Listed $215,000 AcadianaMLS
• 2011-10-07 Sold (Public Records) $83,000 Public Records
• 2011-09-29 Sold (MLS) $83,000 GSREIN
• 2011-07-28 Listed $89,900 GSREIN
• 2011-07-28 Listed $89,900 AcadianaMLS
• 2011-05-31 Listed $99,900 GSREIN
• 2011-05-31 Listed $99,900 AcadianaMLS
• 2002-11-19 Sold (Public Records) $77,500 Public Records
• 2002-11-13 Sold (MLS) $77,500 GSREIN
• 2002-10-09 Listed $77,500 AcadianaMLS
• 2002-10-09 Listed $77,500 GSREIN

Property tax history

-2.1%/yr

Latest (2025): $1,148 · +439.2% YoY. Source: county tax records.