108 Dewald Ln · Slidell, LA 70458

$181,500

4 bd · 2.0 ba · 2,150 sqft · SingleFamily public records · 21 Days on market

Built 1978 7,405 sqft lot Est $256k · 29% under

---

Why this score? — see what drove the B- 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 +25.5/30.0
• ARV discount +15.0/15.0
• DSCR +8.4/10.0
• 1% rule +6.0/10.0
• Schools +4.3/10.0
• Livability +3.5/5.0
• Rent growth +2.9/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this charming four-bedroom, two-bath ranch-style home located in a well-established neighborhood. Conveniently situated near shopping, dining, and major interstate access, this property offers both comfort and convenience while being located within a desirable school district. The spacious family room serves as the heart of the home, featuring a cozy wood-burning fireplace that creates a warm and inviting atmosphere for gatherings. Outside, the fenced backyard provides ample space for outdoor enjoyment, pets, or gardening, while a large vinyl-sided storage shed offers excellent space for tools, equipment, and hobbies. This home presents a wonderful opportunity to make it your own while enjoying all the benefits of its sought-after location.

Key facts

• Fenced backyard
• 7,405 sq ft lot
• Parking

Tags

• WOOD-BURNING FIREPLACE
• FENCED BACKYARD
• VINYL-SIDED STORAGE SHED
• WELL-ESTABLISHED NEIGHBORHOOD
• DESIRABLE SCHOOL DISTRICT

Property features AI

Finance

• Other: Listing last updated Jun 1, 2026; Listed by Community RealEstate LLC

Exterior

• Parking: Driveway
• Utilities: Public water; Public sewer
• Home design: Single-story home
• Construction: Brick exterior; Shingle roof; Slab foundation; Built with average condition
• Exterior features: City lot; Rectangular lot; Lot dimensions approximately 70 x 107

Interior

• Bedrooms: Total of 4 rooms (includes bedrooms)
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Wood-burning fireplace; Average condition

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $182k.

Deal economics

• At list price, monthly cash flow is $422 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $182k).
• Recommended offer: $179k (1.5% below list) — sets the bar for market timing.
• Cap rate 9.1% vs local median 6.0% in Slidell — 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 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.
• Zoned schools: Bonne Ecole Elementary School (math 44% / reading 46%, grade D-, #173 of 646 statewide, top 27%, 763 students, 55% FRL); Slidell Junior High School (math 25% / reading 47%, grade F, #84 of 218 statewide, top 41%, 823 students, 60% FRL); Slidell High School (math 34% / reading 41%, grade F, #93 of 265 statewide, top 36%, 1,883 students, 52% FRL) — zoned schools average 56% FRL vs 40% district-wide (16 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+1.5%/yr); 490 active listings in the ZIP; 18 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 44% 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 33% 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 $1k of loan paydown is wiped out by about $5k 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

• It's been on market 21 days — a 2% lower offer ($179k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 12y 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 $74k; list at $182k implies a 147% gain — meaningful room to come down on a strong offer.

Recommended offer $178,777 (1.5% below list)

Questions for the listing agent

1. Built in 1978 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. 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: 1.10% ✓
• Cap rate: 9.08%
• Cash-on-cash: 9.95%
• DSCR: 1.44
• GRM: 7.6

CMA / ARV

• ARV (on-the-fly): $255,850
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
132 Melody Ln	0.14mi	4/2.0	1,886 (-12%)	1mo	$225,000	$119	72
110 Fountain Dr	0.33mi	4/2.5	1,898 (-12%)	1mo	$185,000	$97	62
806 Freedom Ln	0.67mi	4/2.0	2,280 (+6%)	0mo	$230,000	$101	58
312 Driftwood Cir	0.28mi	4/2.0	1,857 (-14%)	9mo	$200,000	$108	57
800 Franklin Ct	0.69mi	4/2.0	2,035 (-5%)	7mo	$315,000	$155	53
112 Driftwood Cir	0.48mi	4/2.0	1,898 (-12%)	7mo	$245,000	$129	53
811 Franklin Ct	0.73mi	4/2.0	2,090 (-3%)	11mo	$290,000	$139	52
435 Country Club Blvd	0.60mi	3/2.5 (-1)	2,038 (-5%)	5mo	$233,000	$114	52
124 Hardwood Dr	0.38mi	4/2.0	2,450 (+14%)	12mo	$199,000	$81	49
415 Driftwood Cir	0.50mi	3/2.0 (-1)	1,894 (-12%)	11mo	$180,000	$95	43
316 Alan Cir	0.52mi	3/2.5 (-1)	1,878 (-13%)	12mo	$324,000	$173	37
338 Country Club Blvd	0.71mi	3/2.0 (-1)	1,851 (-14%)	3mo	$244,000	$132	36

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: -3.0%
• Equity multiple: 0.89×
• Total profit: $-5,617
• Equity at exit: $27,062

10-year hold

• IRR: 5.0%
• Equity multiple: 1.34×
• Total profit: $17,519
• Equity at exit: $15,693

Cash invested: $50,820 (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: 490
• Price-to-rent: 7.6×

Monthly cashflow live

• Estimated rent: $1,994 high
• Mortgage (P&I): −$952
• Tax from tax record: −$127 /mo · $1,520/yr
• Insurance: −$76
• HOA: −$0
• Vacancy / Maint / Mgmt: −$419
• Net cashflow: $422

Break-even live

Break-even rent $1,461

Max offer price $181,500

Occupancy floor 74%

Sensitivity live

Price	-10% $524	-5% $473	+0% $422	+5% $370	+10% $319
Rent	-10% $264	-5% $343	+0% $422	+5% $500	+10% $579
Rate	-1.0pp $513	-0.5pp $468	base $422	+0.5pp $375	+1.0pp $327

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: $45,375
• Closing costs: $5,445
• Reserves months: —
• Total cash needed: —

Rent comps 18 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
129 Fountain Dr Slidell, LA	4.0	2.0	1879	$1,850	$0.98	17d	1	0.23mi
106 Kempsey Ct Slidell, LA	3.0	2.0	1650	$1,600	$0.97	23d	1	0.30mi
542 Driftwood Cir Slidell, LA	4.0	2.0	1960	$2,100	$1.07	5d	1	0.54mi
347 Oriole Dr Slidell, LA	4.0	1.5	1560	$1,500	$0.96	26d	1	0.72mi
347 Oriole Dr Slidell, LA	4.0	1.5	1560	$1,500	$0.96	46d	1	0.72mi
1030 Rue Corton Slidell, LA	4.0	2.0	1931	$2,150	$1.11	46d	1	0.78mi
1011 Rue Bordeaux Slidell, LA	4.0	2.0	2268	$2,000	$0.88	5d	1	0.83mi
1011 Rue Bordeaux Slidell, LA	4.0	2.0	2268	$2,000	$0.88	5d	1	0.83mi
117 S Queens Dr Slidell, LA	4.0	2.0	1476	$1,800	$1.22	5d	1	0.94mi
102 N Dabney Dr Slidell, LA	3.0	2.0	2432	$2,800	$1.15	18d	1	0.95mi
433 Grafton Dr Slidell, LA	3.0	2.0	1625	$1,900	$1.17	46d	1	1.13mi
1466 Florida Ave Slidell, LA	3.0	2.0	1456	$2,200	$1.51	46d	1	1.14mi
100 Firwood Dr Slidell, LA	4.0	2.0	1649	$1,900	$1.15	46d	1	1.26mi
1540 Queens Dr Slidell, LA	4.0	2.0	1900	$2,300	$1.21	19d	1	1.28mi
1540 Wildwood Ln Slidell, LA	3.0	2.0	1525	$2,000	$1.31	0d	1	1.34mi
36409 Jackson Rd Slidell, LA	4.0	2.0	1670	$2,100	$1.26	46d	1	1.44mi
407 E Redbud Dr Slidell, LA	4.0	2.5	2400	$2,500	$1.04	46d	1	1.45mi
557 Claiborne Trails Dr Slidell, LA	3.0	2.0	1690	$2,300	$1.36	46d	1	1.48mi

Listing history 14 events

1. 2026-06-22
   days on market $181,500 Active 21 DOM
2. 2026-06-21
   days on market $181,500 Active 20 DOM
3. 2026-06-18
   days on market $181,500 Active 17 DOM
4. 2026-06-17
   days on market $181,500 Active 16 DOM
5. 2026-06-16
   days on market $181,500 Active 15 DOM
6. 2026-06-15
   days on market $181,500 Active 14 DOM
7. 2026-06-13
   days on market $181,500 Active 12 DOM
8. 2026-06-10
   days on market $181,500 Active 9 DOM
9. 2026-06-09
   days on market $181,500 Active 8 DOM
10. 2026-06-08
    days on market $181,500 Active 7 DOM
11. 2026-06-07
    days on market $181,500 Active 6 DOM
12. 2026-06-03
    days on market $181,500 Active 2 DOM
13. 2026-06-01
    remarks 699-char remark

    Show marketing remark (761 chars)

    Welcome to this charming four-bedroom, two-bath ranch-style home located in a well-established neighborhood. Conveniently situated near shopping, dining, and major interstate access, this property offers both comfort and convenience while being located within a desirable school district. The spacious family room serves as the heart of the home, featuring a cozy wood-burning fireplace that creates a warm and inviting atmosphere for gatherings. Outside, the fenced backyard provides ample space for outdoor enjoyment, pets, or gardening, while a large vinyl-sided storage shed offers excellent space for tools, equipment, and hobbies. This home presents a wonderful opportunity to make it your own while enjoying all the benefits of its sought-after location.

14. 2026-06-01
    listed $181,500 Active 1 DOM

    Show marketing remark (761 chars)

    Welcome to this charming four-bedroom, two-bath ranch-style home located in a well-established neighborhood. Conveniently situated near shopping, dining, and major interstate access, this property offers both comfort and convenience while being located within a desirable school district. The spacious family room serves as the heart of the home, featuring a cozy wood-burning fireplace that creates a warm and inviting atmosphere for gatherings. Outside, the fenced backyard provides ample space for outdoor enjoyment, pets, or gardening, while a large vinyl-sided storage shed offers excellent space for tools, equipment, and hobbies. This home presents a wonderful opportunity to make it your own while enjoying all the benefits of its sought-after location.

ⓘ 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: $1,520 · $127/mo
• Projected year-2 tax: $1,520 · $127/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: $23,933
• − Mortgage interest: −$10,167
• − Property taxes: −$1,520
• − Insurance: −$908
• − Repairs & maintenance: −$1,915
• − Management: −$1,915
• − Depreciation: −$5,280
• Taxable income: $2,230
• Est. tax owed @ 24.0%: −$535
• After-tax cash flow: $4,523/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

+9.0% since first listed

5 events — show timeline

• 2026-06-01 Listed $181,500 AcadianaMLS
• 2026-06-01 Listed $181,500 GSREIN
• 2015-01-29 Sold (MLS) $73,550 GSREIN
• 2014-12-22 Listed $80,400 GSREIN
• 2006-10-26 Sold (Public Records) $166,500 Public Records

Property tax history

-4.9%/yr

Latest (2025): $1,520 · -7.5% YoY. Source: county tax records.