2552 Valentine Ct · New Orleans, LA 70131

$221,000

4 bd · 2.5 ba · 2,490 sqft · SingleFamily public records · 67 Days on market

Built 1978 $89/sqft · 20% below area Est $288k · 23% 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 +22.1/30.0
• ARV discount +15.0/15.0
• DSCR +7.1/10.0
• 1% rule +5.3/10.0
• Livability +4.0/5.0
• Condition / age +2.5/5.0
• Schools +1.6/10.0
• Rent growth +0.2/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Investor-friendly opportunity in Algiers! Well-maintained 4-bedroom, 2.5-bath, two-story home located in an established neighborhood. Features a spacious living area with vaulted ceilings, creating an open and airy feel. No carpet throughout, offering low-maintenance living, and ceiling fans are installed for added comfort. All bedrooms upstairs. Great potential for investors or owner-occupants seeking a move-in-ready property. Conveniently located 6 minutes from New Orleans. X FLOOD ZONE. All offers will be reviewed on Friday April 17 before 5pm.

Key facts

• Spacious living area
• No carpet
• Ceiling fans

Tags

• SPACIOUS LIVING AREA
• VAULTED CEILINGS
• NO CARPET
• CEILING FANS
• LOW-MAINTENANCE LIVING
• MOVE-IN-READY PROPERTY

What this means for you Summary

Snapshot

• This is a 4-bed/2.5-bath single-family listed at $221k.

Deal economics

• At list price, monthly cash flow is $288 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $221k).
• Recommended offer: $208k (6.0% below list) — sets the bar for market timing.
• Cap rate 8.2% 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 falling (-9.2%/yr); 274 active listings in the ZIP; 14 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 710 units permitted in Orleans Parish in 2024 (244 in 5+ unit buildings).
• This rent runs 44% of the median local income ($62k/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.
• 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 67 days — a 6% lower offer ($208k) is reasonable based on typical stale-listing flexibility.
• 14 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 $95k; list at $221k implies a 133% 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→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $207,740 (6.0% below list)

Questions for the listing agent

1. It's been on market 67 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1978 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 1.03% ✓
• Cap rate: 8.22%
• Cash-on-cash: 6.87%
• DSCR: 1.31
• GRM: 8.1

CMA / ARV

• ARV (median comp): $288,309
• List price: $221,000
• Delta: -23.35%
• 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
2541 Valentine Ct	0.03mi	5/2.5 (+1)	2,534 (+2%)	6mo	$285,000	$112	86
2336 Holiday Dr	0.16mi	3/2.5 (-1)	2,417 (-3%)	3mo	$299,900	$124	80
2020 Easter Ln	0.41mi	4/2.5	2,417 (-3%)	2mo	$124,900	$52	75
2147 Holiday Dr	0.27mi	4/2.0	2,298 (-8%)	3mo	$275,000	$120	70
2709 Comet St	0.20mi	3/3.0 (-1)	2,310 (-7%)	3mo	$249,500	$108	69
2341 Easter Ln	0.13mi	4/2.5	2,857 (+15%)	2mo	$334,500	$117	68
2711 Cupid	0.28mi	4/2.5	2,215 (-11%)	8mo	$269,000	$121	62
1912 Holiday Dr	0.39mi	4/2.0	2,325 (-7%)	9mo	$227,000	$98	61
2000 Easter Ln	0.43mi	4/2.0	2,209 (-11%)	5mo	$300,000	$136	55
9 Park Timbers Dr	0.68mi	4/2.5	2,242 (-10%)	1mo	$375,000	$167	51
2744 Somerset Dr	0.74mi	5/2.0 (+1)	2,678 (+8%)	0mo	$120,000	$45	46
1534 Holiday Pl	0.68mi	4/2.0	2,206 (-11%)	9mo	$283,000	$128	40

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

5-year hold

• IRR: -11.1%
• Equity multiple: 0.61×
• Total profit: $-24,148
• Equity at exit: $32,952

10-year hold

• IRR: -6.8%
• Equity multiple: 0.63×
• Total profit: $-23,148
• Equity at exit: $19,108

Cash invested: $61,880 (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 70131

• Home prices YoY: -12.0%
• Rents YoY: -9.2%
• Active inventory: 274
• Price-to-rent: 8.1×

Monthly cashflow live

• Estimated rent: $2,279 high
• Mortgage (P&I): −$1,159
• Tax from tax record: −$195 /mo · $2,342/yr
• Insurance: −$92
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$479
• Net cashflow: $288

Break-even live

Break-even rent $1,915

Max offer price $221,000

Occupancy floor 82%

Sensitivity live

Price	-10% $413	-5% $350	+0% $288	+5% $225	+10% $162
Rent	-10% $108	-5% $198	+0% $288	+5% $378	+10% $468
Rate	-1.0pp $399	-0.5pp $344	base $288	+0.5pp $230	+1.0pp $172

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: $55,250
• Closing costs: $6,630
• Reserves months: —
• Total cash needed: —

Rent comps 14 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1410 Kabel Dr New Orleans, LA	3.0	2.0	2200	$2,200	$1.00	24d	1	0.38mi
2001 Saint Nick Dr New Orleans, LA	4.0	2.5	2400	$2,300	$0.96	24d	1	0.44mi
3441 Catalina Dr New Orleans, LA	5.0	2.0	1610	$2,450	$1.52	12d	1	0.64mi
21 Carriage Ln New Orleans, LA	3.0	2.5	1900	$2,000	$1.05	22d	1	0.69mi
3511 Hyman Pl New Orleans, LA	3.0	2.0	1975	$2,700	$1.37	2d	1	0.76mi
103 Danny Dr New Orleans, LA	4.0	2.0	2040	$2,400	$1.18	24d	1	0.76mi
1825 Murl St New Orleans, LA	3.0	2.0	2484	$1,750	$0.70	24d	1	0.89mi
2741 Chelsea Dr New Orleans, LA	4.0	2.5	2382	$2,500	$1.05	16d	1	0.98mi
3751 Herald St New Orleans, LA	4.0	2.0	1624	$2,150	$1.32	24d	1	1.04mi
5801 Albany Ct New Orleans, LA	4.0	2.5	2160	$2,000	$0.93	24d	1	1.11mi
3738 Somerset Dr New Orleans, LA	4.0	2.0	2247	$3,000	$1.34	15d	1	1.15mi
2320 Mardi Gras Blvd New Orleans, LA	4.0	2.5	1600	$2,500	$1.56	2d	1	1.35mi
6021 Brighton Pl New Orleans, LA	4.0	3.0	1840	$3,100	$1.68	16d	1	1.40mi
517 Diplomat St Terrytown, LA	3.0	2.0	1850	$2,000	$1.08	5d	1	1.44mi

Listing history 50 events

1. 2026-06-18
   remarks 579-char remark
2. 2026-06-18
   pricestatus $221,000 Active 67 DOM
3. 2026-06-18
   days on market $215,000 Active Under Contract 67 DOM
4. 2026-06-17
   days on market $215,000 Active Under Contract 66 DOM
5. 2026-06-16
   days on market $215,000 Active Under Contract 65 DOM
6. 2026-06-15
   days on market $215,000 Active Under Contract 64 DOM
7. 2026-06-13
   days on market $215,000 Active Under Contract 62 DOM
8. 2026-06-10
   days on market $215,000 Active Under Contract 59 DOM
9. 2026-06-09
   days on market $215,000 Active Under Contract 58 DOM
10. 2026-06-08
    days on market $215,000 Active Under Contract 57 DOM
11. 2026-06-07
    days on market $215,000 Active Under Contract 56 DOM
12. 2026-06-05
    days on market $215,000 Active Under Contract 53 DOM
13. 2026-06-03
    days on market $215,000 Active Under Contract 52 DOM
14. 2026-06-02
    days on market $215,000 Active Under Contract 51 DOM
15. 2026-06-01
    days on market $215,000 Active Under Contract 50 DOM
16. 2026-05-31
    days on market $215,000 Active Under Contract 49 DOM
17. 2026-05-02
    status Pending 553-char remark

    Show marketing remark (553 chars)

    Investor-friendly opportunity in Algiers! Well-maintained 4-bedroom, 2.5-bath, two-story home located in an established neighborhood. Features a spacious living area with vaulted ceilings, creating an open and airy feel. No carpet throughout, offering low-maintenance living, and ceiling fans are installed for added comfort. All bedrooms upstairs. Great potential for investors or owner-occupants seeking a move-in-ready property. Conveniently located 6 minutes from New Orleans. X FLOOD ZONE. All offers will be reviewed on Friday April 17 before 5pm.

18. 2026-05-02
    historical Active Under Contract 553-char remark

    Show marketing remark (553 chars)

    Investor-friendly opportunity in Algiers! Well-maintained 4-bedroom, 2.5-bath, two-story home located in an established neighborhood. Features a spacious living area with vaulted ceilings, creating an open and airy feel. No carpet throughout, offering low-maintenance living, and ceiling fans are installed for added comfort. All bedrooms upstairs. Great potential for investors or owner-occupants seeking a move-in-ready property. Conveniently located 6 minutes from New Orleans. X FLOOD ZONE. All offers will be reviewed on Friday April 17 before 5pm.

19. 2026-04-12
    listed $215,000 Active 553-char remark

    Show marketing remark (553 chars)

    Investor-friendly opportunity in Algiers! Well-maintained 4-bedroom, 2.5-bath, two-story home located in an established neighborhood. Features a spacious living area with vaulted ceilings, creating an open and airy feel. No carpet throughout, offering low-maintenance living, and ceiling fans are installed for added comfort. All bedrooms upstairs. Great potential for investors or owner-occupants seeking a move-in-ready property. Conveniently located 6 minutes from New Orleans. X FLOOD ZONE. All offers will be reviewed on Friday April 17 before 5pm.

20. 2026-04-12
    listed $215,000 Active 553-char remark

    Show marketing remark (553 chars)

    Investor-friendly opportunity in Algiers! Well-maintained 4-bedroom, 2.5-bath, two-story home located in an established neighborhood. Features a spacious living area with vaulted ceilings, creating an open and airy feel. No carpet throughout, offering low-maintenance living, and ceiling fans are installed for added comfort. All bedrooms upstairs. Great potential for investors or owner-occupants seeking a move-in-ready property. Conveniently located 6 minutes from New Orleans. X FLOOD ZONE. All offers will be reviewed on Friday April 17 before 5pm.

21. 2026-03-17
    historical $2,000
22. 2026-03-01
    listed $2,000
23. 2026-02-04
    listed $239,900 Active
24. 2025-12-10
    price $239,900
25. 2025-12-10
    price $239,900
26. 2025-11-29
    price $249,900
27. 2025-11-10
    price $249,900
28. 2025-11-03
    listed $259,000 Active
29. 2025-09-26
    price $259,900
30. 2025-09-24
    price $259,900
31. 2025-09-14
    price $269,000
32. 2025-09-14
    price $269,000
33. 2025-09-09
    price $269,900
34. 2025-09-09
    price $269,900
35. 2025-08-30
    listed $279,900 Active
36. 2025-08-30
    listed $269,000 Active
37. 2025-02-27
    price $225,000
38. 2025-02-07
    price $225,000
39. 2024-12-07
    price $240,000
40. 2024-12-07
    price $240,000
41. 2024-11-11
    listed $250,000 Active
42. 2012-12-18
    soldstatus $95,000
43. 2012-12-14
    soldstatus $95,000
44. 2012-10-15
    listed $94,900
45. 2012-10-15
    listed $94,900
46. 2012-01-03
    listed $94,900
47. 2012-01-03
    listed $94,900
48. 2002-07-30
    soldstatus $145,000
49. 2002-06-26
    listed $144,800
50. 2002-06-26
    listed $144,800

ⓘ 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: $2,342 · $195/mo
• Projected year-2 tax: $2,342 · $195/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 8/10 Severe FEMA zone X · 60% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥108°F today · 22 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

Taxation est. · year 1

• Rental income: $27,345
• − Mortgage interest: −$12,379
• − Property taxes: −$2,342
• − Insurance: −$1,902
• − Repairs & maintenance: −$2,188
• − Management: −$2,188
• − Depreciation: −$6,429
• Taxable loss: −$83
• Est. tax savings @ 24.0%: +$20
• After-tax cash flow: $3,471/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

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

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): 25,151
• Household income: $62,389
• Rent vs Own: 34.6% rent · 65.4% own
• Severe rent burden: 707.0

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: Diverse neighborhood (Simpson 0.57)
• Race & ethnicity: Black 62% White 20% Hispanic / Latino 11% Two or more races 6% Asian 4%
• Hispanic origin (detail): Mexican 2% Dominican 2%
• Common ancestry: Lithuanian 4% Hispanic 1%
• Foreign-born: 8% · Canada, Vietnam, China
• Languages at home: 86% English-only · Spanish 9% Vietnamese 2% 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: ▼ -28.08%
• Current HPI: 206.7552
• Rent YoY: ▼ -9.23%
• 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

+159.0% since first listed

35 events — show timeline

• 2026-05-02 Pending — AcadianaMLS
• 2026-05-02 Contingent — GSREIN
• 2026-04-12 Listed $215,000 GSREIN
• 2026-04-12 Listed $215,000 AcadianaMLS
• 2026-03-17 Rental Removed $2,000 RAAMLS
• 2026-03-01 Listed for Rent $2,000 RAAMLS
• 2026-02-04 Listed $239,900 AcadianaMLS
• 2025-12-10 Price Changed $239,900 AcadianaMLS
• 2025-12-10 Price Changed $239,900 GSREIN
• 2025-11-29 Price Changed $249,900 AcadianaMLS
• 2025-11-10 Price Changed $249,900 GSREIN
• 2025-11-03 Listed $259,000 AcadianaMLS
• 2025-09-26 Price Changed $259,900 AcadianaMLS
• 2025-09-24 Price Changed $259,900 GSREIN
• 2025-09-14 Price Changed $269,000 AcadianaMLS
• 2025-09-14 Price Changed $269,000 GSREIN
• 2025-09-09 Price Changed $269,900 AcadianaMLS
• 2025-09-09 Price Changed $269,900 GSREIN
• 2025-08-30 Listed $269,000 AcadianaMLS
• 2025-08-30 Listed $279,900 AcadianaMLS
• 2025-02-27 Price Changed $225,000 AcadianaMLS
• 2025-02-07 Price Changed $225,000 GSREIN
• 2024-12-07 Price Changed $240,000 AcadianaMLS
• 2024-12-07 Price Changed $240,000 GSREIN
• 2024-11-11 Listed $250,000 AcadianaMLS
• 2012-12-18 Sold (Public Records) $95,000 Public Records
• 2012-12-14 Sold (MLS) $95,000 GSREIN
• 2012-10-15 Listed $94,900 AcadianaMLS
• 2012-10-15 Listed $94,900 GSREIN
• 2012-01-03 Listed $94,900 GSREIN
• 2012-01-03 Listed $94,900 AcadianaMLS
• 2002-07-30 Sold (MLS) $145,000 GSREIN
• 2002-06-26 Listed $144,800 GSREIN
• 2002-06-26 Listed $144,800 AcadianaMLS
• 1991-03-19 Sold (Public Records) $83,000 Public Records

Property tax history

+7.6%/yr

Latest (2026): $2,342 · +0.0% YoY. Source: county tax records.