CashFlowRE
Sign in Sign up
309-B Cherry Blossom Ln
D+ Composite 47.83
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).

  • ARV discount +14.2/15.0
  • Cash flow +10.9/30.0
  • 1% rule +7.4/10.0
  • Condition / age +3.8/5.0
  • Livability +3.5/5.0
  • DSCR +3.2/10.0
  • Rent growth +2.5/5.0
  • Schools +2.5/10.0
  • Appreciation +0.0/10.0

$120,000

309-B Cherry Blossom Ln · Terrytown, LA 70056
2 bd · 1.5 ba · 1,171 sqft · Condo · 222 Days on market
Built 1963 Good condition $102/sqft · 15% below area Est $141k · 15% under $398/mo HOA · 27% of rent ↓ 19% since listing

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

FHA APPROVED FINANCING FOR THIS DEVELOPMENT - GREAT LOCATION JUST OFF GNO BRIDGE TO NEW ORLEANS- TOWNHOUSE STYLE CONDO WITH ASSIGNED PARKING. UPDATES INCLUDED, DOUBLE INSULATED WINDOWS, REAL WOOD FLOORS, NO CARPET, UPGRADED KITCHEN CABINETS, STAINLESS APPLIANCES GRANITE KITCHEN COUNTERS, DOUBLE FRENCH DOORS LEAD OUT TO PRIVATE PATIO AREA. WASHER DRYER HOOKUPS WITH PRIVATE STORAGE SHED ATTACHED. EXPOSED BRICK WALL IN LIVING ROOM - ROOMS ARE VERY SPACIOUS AND BEDROOMS HAVE LARGE CLOSETS. PRIMARY BATHTUB IS UPDATED TO TILE WALLS. VERY ESTABLISHED AREA WITH OFF STREET PARKING, LOTS OF GREENSPACE WITH BEAUTIFUL COMMUNITY GROUNDS AND INGROUND POOL. MOTIVATED SELLER BRING OFFERS !!

Key facts

  • Stainless appliances
  • Washer dryer hookups
  • Real wood floors

Tags

TOWNHOUSE STYLE CONDOASSIGNED PARKINGREAL WOOD FLOORSSTAINLESS APPLIANCESGRANITE KITCHEN COUNTERSWASHER DRYER HOOKUPS

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 2-bed/1.5-bath condo listed at $120k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $-119 ($-1k/yr) — negative.
  • To cash-flow at today's rent, offer at most $103k (14.4% below list).
  • Meets the 1% rule at list price ($1k rent vs $120k).
  • Recommended offer: $103k (14.4% below list) — sets the bar for cash-flow.
  • Cap rate 5.8% vs local median 4.5% in Terrytown — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

  • Location reads 69/100 on livability (#73 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A; Watch: employment C-, crime F, amenities 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.
  • Zoned schools: William Hart Elementary School (math 8% / reading 17%, grade F, #550 of 646 statewide, top 88%, 374 students, 60% FRL); Livaudais Middle School (math 8% / reading 22%, grade F, #185 of 218 statewide, top 85%, 621 students, 56% FRL); West Jefferson High School (math 10% / reading 17%, grade F, #229 of 265 statewide, top 86%, 1,524 students, 58% FRL).
  • Zoned-school proficiency averages 14% at this address vs 29% district-wide (-15 pts) — the specific schools serving this property underperform the Jefferson Parish average; the district grade overstates school quality for this exact location.
  • Market conditions: Rents soft (-0.2%/yr); 162 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 518 units permitted in Jefferson Parish in 2024 (43 in 5+ unit buildings).
  • This rent runs 30% of the median local income ($59k/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 $830 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.

Negotiation context

  • It's been on market 222 days — a 12% lower offer ($106k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts since 18y ago; this cycle's ask has dropped $15k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Watch-outs: flood insurance adds $66/mo; HOA is 27% of rent.
  • 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.
Recommended offer $102,766 (14.4% 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. It's been on market 222 days. Have you received any prior offers? Is the seller open to a 14% concession, seller financing, or rate buy-down credit?
  3. Built in 1963 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  4. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
  5. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  6. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
  7. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  8. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  9. Crime grade is F 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?
  10. 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?
  11. 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.
  12. 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.
  13. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

1% rule
1.24%
Cap rate
5.77%
Cash-on-cash
-1.88%
DSCR
0.92
GRM
6.7

CMA / ARV

ARV (median comp)
$140,981
List price
$120,000
Delta
-14.88%
Verdict
UNDERPRICED
Comps
6 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold
IRR
-28.9%
Equity multiple
0.07×
Total profit
$-31,080
Equity at exit
$17,892
10-year hold
IRR
-64.8%
Equity multiple
-0.56×
Total profit
$-52,421
Equity at exit
$10,375

Cash invested: $33,600 (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 70056

Rents YoY
-0.2%
Active inventory
162
Price-to-rent
6.7×

Monthly cashflow live

Estimated rent
$1,487 high interval (Pro) →
Mortgage (P&I)
$629
Tax est. 1.5%
$150 /mo · $1,800/yr
Insurance
$50
Flood insurance flood zone
−$66 /mo · $798/yr
HOA
$398
Vacancy / Maint / Mgmt
$312
Net cashflow
$-119

Break-even live

Break-even rent $1,638
Max offer price $102,766
Occupancy floor

Sensitivity live

Price -10% $-36 -5% $-78 +0% $-119 +5% $-161 +10% $-202
Rent -10% $-237 -5% $-178 +0% $-119 +5% $-60 +10% $-2
Rate -1.0pp $-59 -0.5pp $-89 base $-119 +0.5pp $-150 +1.0pp $-182

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
$30,000
Closing costs
$3,600
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 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
310 Coral Ave Gretna, LA 3.0 1.5 1216 $1,750 $1.44 25d 1 0.07mi
349 Cherry Blossom Ln Terrytown, LA 3.0 1.5 1225 $1,600 $1.31 25d 1 0.16mi
241 Helen St Unit 4D Terrytown, LA 2.0 1.5 1383 $1,400 $1.01 45d 1 0.17mi
241 Helen St Unit 3c Terrytown, LA 2.0 1.5 1383 $1,400 $1.01 23d 1 0.17mi
2123 Browning Ln Terrytown, LA 3.0 1.5 1073 $1,650 $1.54 4d 1 0.25mi
1810 Stumpf Blvd Gretna, LA 3.0 1.0 1000 $1,650 $1.65 45d 1 0.26mi
721 Hinyub Ave Unit D Gretna, LA 2.0 1.5 1200 $1,250 $1.04 45d 1 0.30mi
101 Appletree Ln Unit 2-5 Terrytown, LA 1.0 1.0 910 $1,050 $1.15 6d 1 0.36mi
127 Hawkins St Terrytown, LA 2.0 1.0 989 $1,100 $1.11 46d 1 0.46mi
423 E Butterfly Cir Terrytown, LA 3.0 1.5 1189 $1,500 $1.26 25d 1 0.51mi
1665 Alexander Ct Gretna, LA 2.0 1.5 1350 $1,295 $0.96 45d 1 0.52mi
1661 Alexander Ct Gretna, LA 2.0 1.5 1350 $1,295 $0.96 45d 1 0.52mi
1906 Cooper Rd Gretna, LA 3.0 2.0 1200 $1,600 $1.33 6d 1 0.53mi
429 E Butterfly Cir Terrytown, LA 3.0 1.5 1300 $1,950 $1.50 23d 1 0.54mi
429 E Butterfly Cir Terrytown, LA 3.0 1.5 1300 $1,650 $1.27 25d 1 0.54mi
2100 Stumpf Blvd Terrytown, LA 3.0 1.0 1100 $1,800 $1.64 6d 1 0.58mi
1629 Gary Ct Unit B Terrytown, LA 2.0 1.5 1200 $1,300 $1.08 45d 1 0.60mi
1225 Truxton St Unit 21 Gretna, LA 2.0 2.0 1000 $1,075 $1.07 25d 1 0.61mi
1629 Cooper Rd Unit B Terrytown, LA 2.0 1.5 1200 $1,300 $1.08 45d 1 0.64mi
1625 Cooper Rd Unit D Terrytown, LA 2.0 1.5 1200 $1,300 $1.08 45d 1 0.64mi
2124 DuPont Dr Terrytown, LA 3.0 1.0 1127 $1,800 $1.60 16d 1 0.68mi
23 New England Ct Gretna, LA 3.0 1.5 1200 $1,600 $1.33 25d 1 0.69mi
1117 Whitney Ave Gretna, LA 1.0–3.0 1.0–2.0 951 $1,162 $1.22 4d 16 0.74mi
583 Delmar St Terrytown, LA 3.0 1.5 1426 $1,350 $0.95 45d 1 0.75mi
1014 Van Trump St Gretna, LA 2.0 2.0 932 $1,750 $1.88 23d 1 0.82mi
653 Farmington Pl Unit B Terrytown, LA 2.0 1.5 975 $1,250 $1.28 25d 1 0.87mi
1932 Faith Pl Unit B Terrytown, LA 2.0 1.5 940 $1,200 $1.28 45d 1 0.88mi
913 Milton St Gretna, LA 3.0 1.0 1061 $2,800 $2.64 45d 1 0.94mi
2111 Emerson St Terrytown, LA 3.0 2.5 1500 $1,650 $1.10 45d 1 0.98mi
1784 Carol Sue Ave Gretna, LA 1.0–3.0 1.0–1.5 850 $932 $1.10 45d 1 1.13mi
3725 Macarthur Blvd Unit 2A New Orleans, LA 2.0 2.0 1200 $2,750 $2.29 21d 1 1.19mi
14 Gelbke Dr Gretna, LA 3.0 2.0 1327 $1,950 $1.47 45d 1 1.23mi
14 Gelbke Dr Gretna, LA 3.0 2.0 1327 $1,800 $1.36 25d 1 1.23mi
2243 Kraft Pl New Orleans, LA 2.0 1.0 865 $1,200 $1.39 25d 1 1.25mi
1320 Monroe St Gretna, LA 2.0 2.0 1030 $2,000 $1.94 25d 1 1.28mi
1500 Madison St Unit 3 Gretna, LA 2.0 1.0 840 $1,100 $1.31 5d 1 1.28mi
1500 Madison St Unit 3 Gretna, LA 2.0 1.0 840 $1,100 $1.31 4d 1 1.28mi
1318 Monroe St Gretna, LA 2.0 1.0 1200 $1,595 $1.33 4d 1 1.28mi
1945 Pace Blvd Apt 101 New Orleans, LA 2.0 1.0 1000 $1,250 $1.25 12d 1 1.32mi
2002 Pace Blvd Unit 103 New Orleans, LA 3.0 2.0 1000 $1,500 $1.50 16d 1 1.32mi

HOA detail condo

Monthly dues
$398 · $4,776/yr
Likely covers
landscapingpoolparking
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 21 events

  1. 2026-06-21
    days on market $120,000 Active 222 DOM
  2. 2026-06-18
    days on market $120,000 Active 219 DOM
  3. 2026-06-17
    days on market $120,000 Active 218 DOM
  4. 2026-06-16
    days on market $120,000 Active 217 DOM
  5. 2026-06-15
    days on market $120,000 Active 216 DOM
  6. 2026-06-13
    days on market $120,000 Active 214 DOM
  7. 2026-06-10
    days on market $120,000 Active 211 DOM
  8. 2026-06-09
    days on market $120,000 Active 210 DOM
  9. 2026-06-08
    days on market $120,000 Active 209 DOM
  10. 2026-06-07
    days on market $120,000 Active 208 DOM
  11. 2026-06-03
    days on market $120,000 Active 204 DOM
  12. 2026-06-02
    days on market $120,000 Active 203 DOM
  13. 2026-06-01
    days on market $120,000 Active 202 DOM
  14. 2026-05-31
    days on market $120,000 Active 201 DOM
  15. 2026-05-02
    price $120,000 683-char remark
    Show marketing remark (683 chars)

    FHA APPROVED FINANCING FOR THIS DEVELOPMENT - GREAT LOCATION JUST OFF GNO BRIDGE TO NEW ORLEANS- TOWNHOUSE STYLE CONDO WITH ASSIGNED PARKING. UPDATES INCLUDED, DOUBLE INSULATED WINDOWS, REAL WOOD FLOORS, NO CARPET, UPGRADED KITCHEN CABINETS, STAINLESS APPLIANCES GRANITE KITCHEN COUNTERS, DOUBLE FRENCH DOORS LEAD OUT TO PRIVATE PATIO AREA. WASHER DRYER HOOKUPS WITH PRIVATE STORAGE SHED ATTACHED. EXPOSED BRICK WALL IN LIVING ROOM - ROOMS ARE VERY SPACIOUS AND BEDROOMS HAVE LARGE CLOSETS. PRIMARY BATHTUB IS UPDATED TO TILE WALLS. VERY ESTABLISHED AREA WITH OFF STREET PARKING, LOTS OF GREENSPACE WITH BEAUTIFUL COMMUNITY GROUNDS AND INGROUND POOL. MOTIVATED SELLER BRING OFFERS !!

  16. 2026-05-02
    price $120,000 683-char remark
    Show marketing remark (683 chars)

    FHA APPROVED FINANCING FOR THIS DEVELOPMENT - GREAT LOCATION JUST OFF GNO BRIDGE TO NEW ORLEANS- TOWNHOUSE STYLE CONDO WITH ASSIGNED PARKING. UPDATES INCLUDED, DOUBLE INSULATED WINDOWS, REAL WOOD FLOORS, NO CARPET, UPGRADED KITCHEN CABINETS, STAINLESS APPLIANCES GRANITE KITCHEN COUNTERS, DOUBLE FRENCH DOORS LEAD OUT TO PRIVATE PATIO AREA. WASHER DRYER HOOKUPS WITH PRIVATE STORAGE SHED ATTACHED. EXPOSED BRICK WALL IN LIVING ROOM - ROOMS ARE VERY SPACIOUS AND BEDROOMS HAVE LARGE CLOSETS. PRIMARY BATHTUB IS UPDATED TO TILE WALLS. VERY ESTABLISHED AREA WITH OFF STREET PARKING, LOTS OF GREENSPACE WITH BEAUTIFUL COMMUNITY GROUNDS AND INGROUND POOL. MOTIVATED SELLER BRING OFFERS !!

  17. 2026-04-08
    price $129,000 683-char remark
    Show marketing remark (683 chars)

    FHA APPROVED FINANCING FOR THIS DEVELOPMENT - GREAT LOCATION JUST OFF GNO BRIDGE TO NEW ORLEANS- TOWNHOUSE STYLE CONDO WITH ASSIGNED PARKING. UPDATES INCLUDED, DOUBLE INSULATED WINDOWS, REAL WOOD FLOORS, NO CARPET, UPGRADED KITCHEN CABINETS, STAINLESS APPLIANCES GRANITE KITCHEN COUNTERS, DOUBLE FRENCH DOORS LEAD OUT TO PRIVATE PATIO AREA. WASHER DRYER HOOKUPS WITH PRIVATE STORAGE SHED ATTACHED. EXPOSED BRICK WALL IN LIVING ROOM - ROOMS ARE VERY SPACIOUS AND BEDROOMS HAVE LARGE CLOSETS. PRIMARY BATHTUB IS UPDATED TO TILE WALLS. VERY ESTABLISHED AREA WITH OFF STREET PARKING, LOTS OF GREENSPACE WITH BEAUTIFUL COMMUNITY GROUNDS AND INGROUND POOL. MOTIVATED SELLER BRING OFFERS !!

  18. 2026-04-08
    price $129,000 683-char remark
    Show marketing remark (683 chars)

    FHA APPROVED FINANCING FOR THIS DEVELOPMENT - GREAT LOCATION JUST OFF GNO BRIDGE TO NEW ORLEANS- TOWNHOUSE STYLE CONDO WITH ASSIGNED PARKING. UPDATES INCLUDED, DOUBLE INSULATED WINDOWS, REAL WOOD FLOORS, NO CARPET, UPGRADED KITCHEN CABINETS, STAINLESS APPLIANCES GRANITE KITCHEN COUNTERS, DOUBLE FRENCH DOORS LEAD OUT TO PRIVATE PATIO AREA. WASHER DRYER HOOKUPS WITH PRIVATE STORAGE SHED ATTACHED. EXPOSED BRICK WALL IN LIVING ROOM - ROOMS ARE VERY SPACIOUS AND BEDROOMS HAVE LARGE CLOSETS. PRIMARY BATHTUB IS UPDATED TO TILE WALLS. VERY ESTABLISHED AREA WITH OFF STREET PARKING, LOTS OF GREENSPACE WITH BEAUTIFUL COMMUNITY GROUNDS AND INGROUND POOL. MOTIVATED SELLER BRING OFFERS !!

  19. 2025-11-11
    listed $135,000 Active 683-char remark
    Show marketing remark (683 chars)

    FHA APPROVED FINANCING FOR THIS DEVELOPMENT - GREAT LOCATION JUST OFF GNO BRIDGE TO NEW ORLEANS- TOWNHOUSE STYLE CONDO WITH ASSIGNED PARKING. UPDATES INCLUDED, DOUBLE INSULATED WINDOWS, REAL WOOD FLOORS, NO CARPET, UPGRADED KITCHEN CABINETS, STAINLESS APPLIANCES GRANITE KITCHEN COUNTERS, DOUBLE FRENCH DOORS LEAD OUT TO PRIVATE PATIO AREA. WASHER DRYER HOOKUPS WITH PRIVATE STORAGE SHED ATTACHED. EXPOSED BRICK WALL IN LIVING ROOM - ROOMS ARE VERY SPACIOUS AND BEDROOMS HAVE LARGE CLOSETS. PRIMARY BATHTUB IS UPDATED TO TILE WALLS. VERY ESTABLISHED AREA WITH OFF STREET PARKING, LOTS OF GREENSPACE WITH BEAUTIFUL COMMUNITY GROUNDS AND INGROUND POOL. MOTIVATED SELLER BRING OFFERS !!

  20. 2025-11-11
    listed $135,000 Active 683-char remark
    Show marketing remark (683 chars)

    FHA APPROVED FINANCING FOR THIS DEVELOPMENT - GREAT LOCATION JUST OFF GNO BRIDGE TO NEW ORLEANS- TOWNHOUSE STYLE CONDO WITH ASSIGNED PARKING. UPDATES INCLUDED, DOUBLE INSULATED WINDOWS, REAL WOOD FLOORS, NO CARPET, UPGRADED KITCHEN CABINETS, STAINLESS APPLIANCES GRANITE KITCHEN COUNTERS, DOUBLE FRENCH DOORS LEAD OUT TO PRIVATE PATIO AREA. WASHER DRYER HOOKUPS WITH PRIVATE STORAGE SHED ATTACHED. EXPOSED BRICK WALL IN LIVING ROOM - ROOMS ARE VERY SPACIOUS AND BEDROOMS HAVE LARGE CLOSETS. PRIMARY BATHTUB IS UPDATED TO TILE WALLS. VERY ESTABLISHED AREA WITH OFF STREET PARKING, LOTS OF GREENSPACE WITH BEAUTIFUL COMMUNITY GROUNDS AND INGROUND POOL. MOTIVATED SELLER BRING OFFERS !!

  21. 2008-06-05
    listed $149,000

ⓘ 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 8/10 Severe FEMA zone X (shaded) · 60% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 10/10 Extreme 7 d/yr ≥108°F today · 21 d/yr by 30 yrs out
  • 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 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
$17,843
− Mortgage interest
−$6,722
− Property taxes
−$1,800
− Insurance
−$1,398
− Repairs & maintenance
−$1,427
− Management
−$1,427
− HOA
−$4,776
− Depreciation
−$3,491
Taxable loss
−$3,198
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$768
After-tax cash flow
$-662/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.

Condition & rehab AI · 13 photos

Good 75/100 Cosmetic rehab

This property is in good condition with recent updates, making it a solid investment opportunity. It's move-in ready with a good curb appeal and potential for further value enhancement through painting and landscaping.

Value-add opportunities

  • Both Painting the exterior and interior walls — Fresh paint can enhance curb appeal and interior aesthetics
  • Both Landscaping improvements — Enhanced landscaping can increase curb appeal and property value

Renovation cost estimate screening

Value-add ROI direction

  • Both Painting the exterior and interior walls — Fresh paint can enhance curb appeal and interior aesthetics
  • Both Landscaping improvements — Enhanced landscaping can increase curb appeal and property value

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

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 — Terrytown

Score
69/100
State rank
#73
US rank
#8731

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Terrytown, LA
County
Jefferson Parish · 426,999 people
City population
42,471
Metro
New Orleans-Metairie, LA
Population (ZIP)
40,348
Household income
$59,027
Rent vs Own
42.9% rent · 57.1% own
Severe rent burden
1623.0

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
Highly diverse neighborhood (Simpson 0.71)
Race & ethnicity
Black 34% White 32% Hispanic / Latino 26% Two or more races 9% Asian 4%
Hispanic origin (detail)
Mexican 3% Dominican 3%
Common ancestry
Lithuanian 5% Italian 2% Hispanic 2%
Foreign-born
20% · Canada, Vietnam
Languages at home
67% English-only · Spanish 22% Arabic 5% French/Haitian/Cajun 2%

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
▼ -100.20%
Current HPI
165.1579
Rent YoY
▼ -0.16%
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

-19.5% since first listed
7 events — show timeline
  • 2026-05-02 Price Changed $120,000 AcadianaMLS
  • 2026-05-02 Price Changed $120,000 GSREIN
  • 2026-04-08 Price Changed $129,000 AcadianaMLS
  • 2026-04-08 Price Changed $129,000 GSREIN
  • 2025-11-11 Listed $135,000 GSREIN
  • 2025-11-11 Listed $135,000 AcadianaMLS
  • 2008-06-05 Listed $149,000 AcadianaMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…