3240 Hero Dr · Gretna, LA
Flood risk No data
- FEMA flood zone
- —
- Chance of flooding over 30 yrs
- —
- Est. flood insurance / yr
- —
Fire risk No data
- Est. fire insurance / yr
- —
Heat risk No data
- Hot days now (above threshold)
- —
- Hot days in 30 yrs
- —
Wind risk No data
- Chance of severe wind over 30 yrs
- —
Air-quality risk No data
- Unhealthy air days now
- —
- Unhealthy air days in 30 yrs
- —
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 +21.9/30.0
- ARV discount +10.3/15.0
- DSCR +7.0/10.0
- 1% rule +4.9/10.0
- Livability +3.5/5.0
- Rent growth +2.5/5.0
- Schools +2.5/10.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$175,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Completely reimagined and move-in ready! This beautifully remodeled Gretna home was gutted to the studs in 2024 and rebuilt with today’s quality and style in mind. Featuring a brand-new HVAC system, new windows, all new electric wiring throughout the entire home, new electrical panel, new insulation and plumbing, plus a 4-year-old roof, this property offers peace of mind for years to come. Enjoy the modern kitchen with new cabinetry and finishes, a tastefully updated bathroom, and the comfort of a home that was professionally raised in 2024 for added protection and longevity. With all major systems replaced and a clean, modern aesthetic throughout, 3240 Hero Dr. is the perfect blend of classic charm and brand-new construction feel—just minutes from everything Gretna has to offer!
Key facts
- New plumbing
- New electric wiring
- New electrical panel
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $175k.
Deal economics
- At list price, monthly cash flow is $274 ($3k/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 $173k (1.4% below list).
- Recommended offer: $159k (9.0% below list) — sets the bar for market timing.
- Cap rate 8.2% vs local median 5.2% in Gretna — 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 (#58 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+, housing B+; Watch: crime F, employment D-.
- 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: Shirley Johnson/Gretna Park Elementary School (math 22% / reading 16%, grade F, #463 of 646 statewide, top 72%, 694 students, 63% FRL); Gretna Middle School (math 9% / reading 24%, grade F, #177 of 218 statewide, top 82%, 574 students, 64% FRL); Helen Cox High School (math 6% / reading 22%, grade F, #228 of 265 statewide, top 86%, 904 students, 66% FRL).
- Zoned-school proficiency averages 16% at this address vs 29% district-wide (-12 pts) — the specific schools serving this property underperform the Jefferson Parish average; the district grade overstates school quality for this exact location.
- Market conditions: 113 active listings in the ZIP; 17 comparable units currently listed for rent nearby; rentals leasing fast (median 6d on market — plan ~1-2 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 518 units permitted in Jefferson Parish in 2024 (43 in 5+ unit buildings).
- At $1,726/mo this rent would consume 52% of the median local household income ($40k/yr) (locally 1911% 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 $5k of value loss. Plan a longer hold.
Negotiation context
- It's been on market 116 days — a 9% lower offer ($159k) is reasonable based on typical stale-listing flexibility.
- 12 sale attempts since 30y 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.
Questions for the listing agent
- It's been on market 116 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
- 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.
- 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?
- 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?
- 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
- 0.99% ✗
- Cap rate
- 8.17%
- Cash-on-cash
- 6.71%
- DSCR
- 1.30
- GRM
- 8.5
CMA / ARV
- ARV (median comp)
- $186,761
- List price
- $175,000
- Delta
- -6.30%
- Verdict
- FAIR
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 10 Maple Ln | 0.28mi | 3/1.0 | 941 (-4%) | 1mo | $78,000 | $83 | 80 |
| 6 Woodberry Ln | 0.25mi | 3/1.5 | 960 (-2%) | 7mo | $110,000 | $115 | 77 |
| 3136 Hero Dr | 0.13mi | 3/1.0 | 945 (-4%) | 20mo | $133,000 | $141 | 71 |
| 3103 Huey P Long Ave | 0.34mi | 3/1.0 | 900 (-8%) | 13mo | $145,000 | $161 | 60 |
| 3037 Hero Dr | 0.26mi | 3/1.0 | 1,097 (+12%) | 13mo | $167,000 | $152 | 57 |
| 96 Creagan Ave | 0.40mi | 3/1.0 | 1,057 (+8%) | 14mo | $160,000 | $151 | 57 |
| 57 Creagan Ave | 0.56mi | 3/1.0 | 978 (-0%) | 21mo | $168,000 | $172 | 56 |
| 3012 Claire Ave | 0.32mi | 3/1.0 | 1,054 (+8%) | 21mo | $182,000 | $173 | 55 |
| 3101 Huey P Long Ave | 0.36mi | 3/1.0 | 1,070 (+9%) | 20mo | $90,000 | $84 | 51 |
| 2309 Mathis Ave | 0.74mi | 3/1.0 | 1,034 (+6%) | 9mo | $148,000 | $143 | 49 |
| 17 Creagan Ave | 0.70mi | 3/1.0 | 949 (-3%) | 20mo | $147,000 | $155 | 45 |
| 2603 Huey P Long Ave | 0.74mi | 3/1.0 | 850 (-13%) | 10mo | $140,000 | $165 | 35 |
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 · 3.0% rent growth · sell at horizon
- IRR
- -6.0%
- Equity multiple
- 0.78×
- Total profit
- $-10,953
- Equity at exit
- $26,093
- IRR
- 3.6%
- Equity multiple
- 1.26×
- Total profit
- $12,741
- Equity at exit
- $15,131
Cash invested: $49,000 (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
ZIP-level market 70053
- Active inventory
- 113
- Price-to-rent
- 8.5×
Monthly cashflow live
- Estimated rent
- $1,726 high interval (Pro) →
- Mortgage (P&I)
- −$918
- Tax from tax record
- −$99 /mo · $1,183/yr
- Insurance
- −$73
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$362
- Net cashflow
- $274
Break-even live
Sensitivity live
| Price | -10% $373 | -5% $324 | +0% $274 | +5% $224 | +10% $175 |
|---|---|---|---|---|---|
| Rent | -10% $138 | -5% $206 | +0% $274 | +5% $342 | +10% $410 |
| Rate | -1.0pp $362 | -0.5pp $319 | base $274 | +0.5pp $229 | +1.0pp $183 |
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
- $43,750
- Closing costs
- $5,250
- 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 17 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1499 Central Park Blvd Harvey, LA | 1.0–3.0 | 1.0–2.0 | 1002 | $2,195 | $2.19 | 4d | 18 | 0.18mi |
| 2201 Manhattan Blvd Harvey, LA | 1.0–2.0 | 1.0–2.0 | 780 | $1,349 | $1.73 | 3d | 27 | 0.40mi |
| 1511a Kings Rd Harvey, LA | 2.0 | 1.5 | 1000 | $1,600 | $1.60 | 45d | 1 | 0.42mi |
| 2700 Whitney Ave Harvey, LA | 3.0 | 1.0–2.0 | 844 | $1,538 | $1.82 | 4d | 11 | 0.60mi |
| 1500 Lorene Dr Harvey, LA | 3.0 | 1.0–2.0 | 766 | $1,790 | $2.34 | 5d | 8 | 0.65mi |
| 2504 Claire Ave Gretna, LA | 2.0 | 2.0 | 1032 | $1,600 | $1.55 | 45d | 1 | 0.70mi |
| 1784 Carol Sue Ave Gretna, LA | 1.0–3.0 | 1.0–1.5 | 850 | $1,035 | $1.22 | 45d | 1 | 0.96mi |
| 1124 Tallow Tree Ln #20 Harvey, LA | 2.0 | 1.5 | 1020 | $1,150 | $1.13 | 5d | 1 | 1.00mi |
| 911 Central Ave Gretna, LA | 2.0 | 1.0 | 777 | $1,400 | $1.80 | 6d | 1 | 1.11mi |
| 1013 Manhattan Blvd Harvey, LA | 1.0–2.0 | 1.0–1.5 | 837 | $1,789 | $2.14 | 3d | 10 | 1.12mi |
| 2205 Argyll St Harvey, LA | 3.0 | 2.0 | 1100 | $1,750 | $1.59 | 23d | 1 | 1.14mi |
| 2407 Florence St Harvey, LA | 2.0 | 2.0 | 945 | $1,700 | $1.80 | 25d | 1 | 1.28mi |
| 1117 Whitney Ave Gretna, LA | 1.0–3.0 | 1.0–2.0 | 951 | $1,489 | $1.57 | 4d | 16 | 1.35mi |
| 1113 Scotsdale Dr Unit D Harvey, LA | 2.0 | 1.0 | 800 | $1,175 | $1.47 | 6d | 1 | 1.35mi |
| 1932 Faith Pl Unit B Terrytown, LA | 2.0 | 1.5 | 940 | $1,200 | $1.28 | 45d | 1 | 1.37mi |
| 520 Wall Blvd Gretna, LA | 1.0–3.0 | 1.0–2.0 | 1000 | $1,545 | $1.54 | 45d | 9 | 1.39mi |
| 653 Farmington Pl Unit B Terrytown, LA | 2.0 | 1.5 | 975 | $1,250 | $1.28 | 25d | 1 | 1.47mi |
Listing history 50 events
-
2026-06-21days on market $175,000 Active 116 DOM
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2026-06-18days on market $175,000 Active 113 DOM
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2026-06-17days on market $175,000 Active 112 DOM
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2026-06-16days on market $175,000 Active 111 DOM
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2026-06-15days on market $175,000 Active 110 DOM
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2026-06-13days on market $175,000 Active 108 DOM
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2026-06-10days on market $175,000 Active 105 DOM
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2026-06-09days on market $175,000 Active 104 DOM
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2026-06-08days on market $175,000 Active 103 DOM
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2026-06-07days on market $175,000 Active 102 DOM
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2026-06-03days on market $175,000 Active 98 DOM
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2026-06-02days on market $175,000 Active 97 DOM
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2026-06-01days on market $175,000 Active 96 DOM
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2026-05-31days on market $175,000 Active 95 DOM
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2026-04-23soldstatus $175,000 Closed 802-char remark
Show marketing remark (791 chars)
Completely reimagined and move-in ready! This beautifully remodeled Gretna home was gutted to the studs in 2024 and rebuilt with today's quality and style in mind. Featuring a brand-new HVAC system, new windows, all new electric wiring throughout the entire home, new electrical panel, new insulation and plumbing, plus a 4-year-old roof, this property offers peace of mind for years to come. Enjoy the modern kitchen with new cabinetry and finishes, a tastefully updated bathroom, and the comfort of a home that was professionally raised in 2024 for added protection and longevity. With all major systems replaced and a clean, modern aesthetic throughout, 3240 Hero Dr. is the perfect blend of classic charm and brand-new construction feel--just minutes from everything Gretna has to offer!
-
2026-04-23soldstatus $175,000 Sold 791-char remark
Show marketing remark (791 chars)
Completely reimagined and move-in ready! This beautifully remodeled Gretna home was gutted to the studs in 2024 and rebuilt with today's quality and style in mind. Featuring a brand-new HVAC system, new windows, all new electric wiring throughout the entire home, new electrical panel, new insulation and plumbing, plus a 4-year-old roof, this property offers peace of mind for years to come. Enjoy the modern kitchen with new cabinetry and finishes, a tastefully updated bathroom, and the comfort of a home that was professionally raised in 2024 for added protection and longevity. With all major systems replaced and a clean, modern aesthetic throughout, 3240 Hero Dr. is the perfect blend of classic charm and brand-new construction feel--just minutes from everything Gretna has to offer!
-
2026-03-23status Pending 791-char remark
Show marketing remark (802 chars)
Completely reimagined and move-in ready! This beautifully remodeled Gretna home was gutted to the studs in 2024 and rebuilt with today’s quality and style in mind. Featuring a brand-new HVAC system, new windows, all new electric wiring throughout the entire home, new electrical panel, new insulation and plumbing, plus a 4-year-old roof, this property offers peace of mind for years to come. Enjoy the modern kitchen with new cabinetry and finishes, a tastefully updated bathroom, and the comfort of a home that was professionally raised in 2024 for added protection and longevity. With all major systems replaced and a clean, modern aesthetic throughout, 3240 Hero Dr. is the perfect blend of classic charm and brand-new construction feel—just minutes from everything Gretna has to offer!
-
2026-03-23historical Active Under Contract 802-char remark
Show marketing remark (802 chars)
Completely reimagined and move-in ready! This beautifully remodeled Gretna home was gutted to the studs in 2024 and rebuilt with today’s quality and style in mind. Featuring a brand-new HVAC system, new windows, all new electric wiring throughout the entire home, new electrical panel, new insulation and plumbing, plus a 4-year-old roof, this property offers peace of mind for years to come. Enjoy the modern kitchen with new cabinetry and finishes, a tastefully updated bathroom, and the comfort of a home that was professionally raised in 2024 for added protection and longevity. With all major systems replaced and a clean, modern aesthetic throughout, 3240 Hero Dr. is the perfect blend of classic charm and brand-new construction feel—just minutes from everything Gretna has to offer!
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2026-02-25price $175,000 791-char remark
Show marketing remark (802 chars)
Completely reimagined and move-in ready! This beautifully remodeled Gretna home was gutted to the studs in 2024 and rebuilt with today’s quality and style in mind. Featuring a brand-new HVAC system, new windows, all new electric wiring throughout the entire home, new electrical panel, new insulation and plumbing, plus a 4-year-old roof, this property offers peace of mind for years to come. Enjoy the modern kitchen with new cabinetry and finishes, a tastefully updated bathroom, and the comfort of a home that was professionally raised in 2024 for added protection and longevity. With all major systems replaced and a clean, modern aesthetic throughout, 3240 Hero Dr. is the perfect blend of classic charm and brand-new construction feel—just minutes from everything Gretna has to offer!
-
2026-02-25price $175,000 802-char remark
Show marketing remark (802 chars)
Completely reimagined and move-in ready! This beautifully remodeled Gretna home was gutted to the studs in 2024 and rebuilt with today’s quality and style in mind. Featuring a brand-new HVAC system, new windows, all new electric wiring throughout the entire home, new electrical panel, new insulation and plumbing, plus a 4-year-old roof, this property offers peace of mind for years to come. Enjoy the modern kitchen with new cabinetry and finishes, a tastefully updated bathroom, and the comfort of a home that was professionally raised in 2024 for added protection and longevity. With all major systems replaced and a clean, modern aesthetic throughout, 3240 Hero Dr. is the perfect blend of classic charm and brand-new construction feel—just minutes from everything Gretna has to offer!
-
2026-02-25$175,000 Active
Show marketing remark (802 chars)
Completely reimagined and move-in ready! This beautifully remodeled Gretna home was gutted to the studs in 2024 and rebuilt with today’s quality and style in mind. Featuring a brand-new HVAC system, new windows, all new electric wiring throughout the entire home, new electrical panel, new insulation and plumbing, plus a 4-year-old roof, this property offers peace of mind for years to come. Enjoy the modern kitchen with new cabinetry and finishes, a tastefully updated bathroom, and the comfort of a home that was professionally raised in 2024 for added protection and longevity. With all major systems replaced and a clean, modern aesthetic throughout, 3240 Hero Dr. is the perfect blend of classic charm and brand-new construction feel—just minutes from everything Gretna has to offer!
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2026-02-19price $179,900 791-char remark
Show marketing remark (802 chars)
Completely reimagined and move-in ready! This beautifully remodeled Gretna home was gutted to the studs in 2024 and rebuilt with today’s quality and style in mind. Featuring a brand-new HVAC system, new windows, all new electric wiring throughout the entire home, new electrical panel, new insulation and plumbing, plus a 4-year-old roof, this property offers peace of mind for years to come. Enjoy the modern kitchen with new cabinetry and finishes, a tastefully updated bathroom, and the comfort of a home that was professionally raised in 2024 for added protection and longevity. With all major systems replaced and a clean, modern aesthetic throughout, 3240 Hero Dr. is the perfect blend of classic charm and brand-new construction feel—just minutes from everything Gretna has to offer!
-
2026-02-19price $179,900 802-char remark
Show marketing remark (802 chars)
Completely reimagined and move-in ready! This beautifully remodeled Gretna home was gutted to the studs in 2024 and rebuilt with today’s quality and style in mind. Featuring a brand-new HVAC system, new windows, all new electric wiring throughout the entire home, new electrical panel, new insulation and plumbing, plus a 4-year-old roof, this property offers peace of mind for years to come. Enjoy the modern kitchen with new cabinetry and finishes, a tastefully updated bathroom, and the comfort of a home that was professionally raised in 2024 for added protection and longevity. With all major systems replaced and a clean, modern aesthetic throughout, 3240 Hero Dr. is the perfect blend of classic charm and brand-new construction feel—just minutes from everything Gretna has to offer!
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2026-02-12price $184,900 791-char remark
Show marketing remark (802 chars)
Completely reimagined and move-in ready! This beautifully remodeled Gretna home was gutted to the studs in 2024 and rebuilt with today’s quality and style in mind. Featuring a brand-new HVAC system, new windows, all new electric wiring throughout the entire home, new electrical panel, new insulation and plumbing, plus a 4-year-old roof, this property offers peace of mind for years to come. Enjoy the modern kitchen with new cabinetry and finishes, a tastefully updated bathroom, and the comfort of a home that was professionally raised in 2024 for added protection and longevity. With all major systems replaced and a clean, modern aesthetic throughout, 3240 Hero Dr. is the perfect blend of classic charm and brand-new construction feel—just minutes from everything Gretna has to offer!
-
2026-02-12price $184,900 802-char remark
Show marketing remark (802 chars)
Completely reimagined and move-in ready! This beautifully remodeled Gretna home was gutted to the studs in 2024 and rebuilt with today’s quality and style in mind. Featuring a brand-new HVAC system, new windows, all new electric wiring throughout the entire home, new electrical panel, new insulation and plumbing, plus a 4-year-old roof, this property offers peace of mind for years to come. Enjoy the modern kitchen with new cabinetry and finishes, a tastefully updated bathroom, and the comfort of a home that was professionally raised in 2024 for added protection and longevity. With all major systems replaced and a clean, modern aesthetic throughout, 3240 Hero Dr. is the perfect blend of classic charm and brand-new construction feel—just minutes from everything Gretna has to offer!
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2026-02-02$189,000 Active 802-char remark
Show marketing remark (791 chars)
Completely reimagined and move-in ready! This beautifully remodeled Gretna home was gutted to the studs in 2024 and rebuilt with today's quality and style in mind. Featuring a brand-new HVAC system, new windows, all new electric wiring throughout the entire home, new electrical panel, new insulation and plumbing, plus a 4-year-old roof, this property offers peace of mind for years to come. Enjoy the modern kitchen with new cabinetry and finishes, a tastefully updated bathroom, and the comfort of a home that was professionally raised in 2024 for added protection and longevity. With all major systems replaced and a clean, modern aesthetic throughout, 3240 Hero Dr. is the perfect blend of classic charm and brand-new construction feel--just minutes from everything Gretna has to offer!
-
2026-02-02$189,000 Active 791-char remark
Show marketing remark (791 chars)
Completely reimagined and move-in ready! This beautifully remodeled Gretna home was gutted to the studs in 2024 and rebuilt with today's quality and style in mind. Featuring a brand-new HVAC system, new windows, all new electric wiring throughout the entire home, new electrical panel, new insulation and plumbing, plus a 4-year-old roof, this property offers peace of mind for years to come. Enjoy the modern kitchen with new cabinetry and finishes, a tastefully updated bathroom, and the comfort of a home that was professionally raised in 2024 for added protection and longevity. With all major systems replaced and a clean, modern aesthetic throughout, 3240 Hero Dr. is the perfect blend of classic charm and brand-new construction feel--just minutes from everything Gretna has to offer!
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2026-01-15historical $1,900
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2026-01-13price $189,900
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2026-01-13price $189,900
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2026-01-05price $193,000
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2026-01-05price $193,000
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2025-12-16$1,900
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2025-12-11price $195,000
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2025-12-11price $195,000
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2025-11-26price $199,900
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2025-11-26price $199,900
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2025-11-14price $205,000
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2025-10-21$209,900 Active
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2025-01-18price $115,000
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2025-01-17price $115,000
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2024-12-01price $120,000
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2024-11-30price $120,000
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2024-11-15price $125,000
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2024-11-15price $125,000
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2024-10-11$135,000 Active
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2023-12-09price $70,000
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2023-11-10price $72,000
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2023-10-11price $75,000
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2023-09-18price $80,000
ⓘ 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
- $1,183 · $99/mo
- Projected year-2 tax
- $1,183 · $99/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $20,708
- − Mortgage interest
- −$9,803
- − Property taxes
- −$1,183
- − Insurance
- −$875
- − Repairs & maintenance
- −$1,657
- − Management
- −$1,657
- − Depreciation
- −$5,091
- Taxable income
- $443
- Est. tax owed @ 24.0%
- −$106
- After-tax cash flow
- $3,182/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
- 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 — Gretna
- Score
- 70/100
- State rank
- #58
- US rank
- #7679
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Gretna, LA
- County
- Jefferson Parish · 426,999 people
- City population
- 56,969
- Metro
- New Orleans-Metairie, LA
- Population (ZIP)
- 16,621
- Household income
- $39,950
- Rent vs Own
- Severe rent burden
- 1911.0
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
- Diverse neighborhood (Simpson 0.70)
- Race & ethnicity
- White 36% Black 34% Hispanic / Latino 23% Two or more races 15% Asian 2%
- Hispanic origin (detail)
- Mexican 4% Cuban 2%
- Common ancestry
- Lithuanian 7% Iranian 1% Slovak 1%
- Foreign-born
- 19% · Canada, Vietnam, China
- Languages at home
- 76% English-only · Spanish 20% Vietnamese 1% German/W. Germanic 1%
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
- ▼ -115.90%
- Current HPI
- 121.765
- Rent YoY
- —
- 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
+250.7% since first listed48 events — show timeline
- 2026-04-23 Sold (MLS) $175,000 AcadianaMLS
- 2026-04-23 Sold (MLS) $175,000 GSREIN
- 2026-03-23 Pending — AcadianaMLS
- 2026-03-23 Contingent — GSREIN
- 2026-02-25 Price Changed $175,000 AcadianaMLS
- 2026-02-25 Price Changed $175,000 GSREIN
- 2026-02-25 Listed $175,000 ForSaleByOwner.com
- 2026-02-19 Price Changed $179,900 AcadianaMLS
- 2026-02-19 Price Changed $179,900 GSREIN
- 2026-02-12 Price Changed $184,900 AcadianaMLS
- 2026-02-12 Price Changed $184,900 GSREIN
- 2026-02-02 Listed $189,000 AcadianaMLS
- 2026-02-02 Listed $189,000 GSREIN
- 2026-01-15 Rental Removed $1,900 Avail
- 2026-01-13 Price Changed $189,900 AcadianaMLS
- 2026-01-13 Price Changed $189,900 GSREIN
- 2026-01-05 Price Changed $193,000 AcadianaMLS
- 2026-01-05 Price Changed $193,000 GSREIN
- 2025-12-16 Listed for Rent $1,900 Avail
- 2025-12-11 Price Changed $195,000 AcadianaMLS
- 2025-12-11 Price Changed $195,000 GSREIN
- 2025-11-26 Price Changed $199,900 AcadianaMLS
- 2025-11-26 Price Changed $199,900 GSREIN
- 2025-11-14 Price Changed $205,000 GSREIN
- 2025-10-21 Listed $209,900 AcadianaMLS
- 2025-01-18 Price Changed $115,000 AcadianaMLS
- 2025-01-17 Price Changed $115,000 GSREIN
- 2024-12-01 Price Changed $120,000 AcadianaMLS
- 2024-11-30 Price Changed $120,000 GSREIN
- 2024-11-15 Price Changed $125,000 AcadianaMLS
- 2024-11-15 Price Changed $125,000 GSREIN
- 2024-10-11 Listed $135,000 AcadianaMLS
- 2023-12-09 Price Changed $70,000 GSREIN
- 2023-11-10 Price Changed $72,000 GSREIN
- 2023-10-11 Price Changed $75,000 GSREIN
- 2023-09-18 Price Changed $80,000 GSREIN
- 2023-09-09 Listed $70,000 AcadianaMLS
- 2023-06-07 Sold (Public Records) $70,000 Public Records
- 2013-03-22 Sold (Public Records) — Public Records
- 2002-04-01 Sold (Public Records) $76,900 Public Records
- 2002-03-27 Sold (MLS) $76,900 GSREIN
- 2001-09-20 Listed $77,900 GSREIN
- 2001-09-20 Listed $77,900 AcadianaMLS
- 2000-02-16 Sold (MLS) $69,900 GSREIN
- 1999-11-15 Listed $69,900 GSREIN
- 1999-11-15 Listed $69,900 AcadianaMLS
- 1996-10-14 Sold (MLS) $49,900 GSREIN
- 1996-08-13 Listed $49,900 GSREIN
Property tax history
+2.3%/yrLatest (2025): $1,183 · -0.2% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…