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3913 Blue Rush Ln
D+ Composite 49.77
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 +14.3/30.0
  • ARV discount +13.8/15.0
  • 1% rule +4.3/10.0
  • DSCR +4.3/10.0
  • Condition / age +4.0/5.0
  • Livability +3.5/5.0
  • Rent growth +2.9/5.0
  • Schools +2.6/10.0
  • Appreciation +0.0/10.0

$214,900

3913 Blue Rush Ln · Slidell, LA 70461
3 bd · 2.0 ba · 1,276 sqft · SingleFamily · 110 Days on market
Built 2026 Good condition Garage $168/sqft · 14% below area Est $250k · 14% under $62/mo HOA · 3% of rent

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

Listing remarks MLS

Welcome to 3913 Blue Rush Ln. , Slidell, La, a new home in Belmont. Inside this 3-bedroom, 2-bathroom home, you'll find 1,276 square feet of enjoyable living. Once you walk into this home, you'll see two bedrooms along with the guest bathroom. Walking down the foyer, you'll then reach the laundry room, as well as the open concept living space, starting with the kitchen. The kitchen offers shaker-style cabinets, gooseneck pulldown faucets in the kitchens. The chef in your family will also enjoy the stainless-steel Frigidaire appliances, stove, microwave hood, dishwasher, single basin undermount sink. and 3 cm granite throughout. The kitchen also houses a pantry, and the separate laundry room is located on the other side, creating easy access to everything. The dining room is adjacent to the kitchen, and the living room is situated nearby. This smart layout ensures that anyone in either space can always be part of the action, regardless of their location. Each bedroom is equipped with cozy carpeting and a convenient closet. Whether you need a space for entertainment, storage, hosting guests, relaxation, or fitness activities, you can count on feeling comfortable and content. The primary bedroom is in the rear of the home and has its own en suite. The primary bathroom features a double vanity with a tub/shower combo, large walk-in closet, separate linen closet, and a separate water closet. Get in touch with us now and schedule a tour today!

Key facts

  • 3 cm granite
  • Garage
  • Community pool

Tags

OPEN CONCEPT LIVING SPACESHAKER STYLE CABINETSGOOSENECK PULLDOWN FAUCETSSTAINLESS STEEL APPLIANCESSINGLE BASIN UNDERMOUNT SINK3 CM GRANITE

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath single-family listed at $215k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $39 ($470/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 $201k (6.6% below list).
  • Recommended offer: $196k (9.0% below list) — sets the bar for market timing.

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: W.L. Abney Elementary School (math 31% / reading 38%, grade F, #284 of 646 statewide, top 46%, 1,094 students, 70% FRL); St. Tammany Junior High School (math 19% / reading 41%, grade F, #114 of 218 statewide, top 53%, 793 students, 68% FRL); Salmen High School (math 15% / reading 27%, grade F, #179 of 265 statewide, top 68%, 1,216 students, 62% FRL) — zoned schools average 67% FRL vs 40% district-wide (27 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Zoned-school proficiency averages 28% at this address vs 49% district-wide (-20 pts) — the specific schools serving this property underperform the St. Tammany Parish average; the district grade overstates school quality for this exact location.
  • Market conditions: Rents rising (+1.7%/yr); 778 active listings in the ZIP; 36 comparable units currently listed for rent nearby; rentals lingering (median 75d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 58% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 1,064 units permitted in St. Tammany Parish in 2024 (0 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k 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 110 days — a 9% lower offer ($196k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts 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.
Recommended offer $195,559 (9.0% below list)

Questions for the listing agent

  1. It's been on market 110 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
  2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. 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?
  6. 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?
  7. 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.
  8. 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.
  9. 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
0.93%
Cap rate
6.51%
Cash-on-cash
0.78%
DSCR
1.03
GRM
8.9

CMA / ARV

ARV (median comp)
$249,900
List price
$214,900
Delta
-14.01%
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
3481 Ward Creek Rd 0.00mi 3/2.0 1,188 (-7%) 0mo $195,000 $164 88
5481 Fornea Glen Way 0.00mi 3/2.0 1,405 (+10%) 4mo $224,900 $160 80
5429 Fornea Glen Way 0.00mi 3/2.0 1,405 (+10%) 5mo $236,900 $169 79
6561 Cypress Vine Ct 0.00mi 3/2.0 1,178 (-8%) 11mo $183,900 $156 78
5473 Fornea Glen Way 0.00mi 3/2.0 1,405 (+10%) 7mo $225,990 $161 78
5465 Fornea Glen Way 0.00mi 3/2.0 1,405 (+10%) 9mo $224,900 $160 76
5461 Fornea Glen Way 0.00mi 3/2.0 1,405 (+10%) 9mo $224,900 $160 76
3804 Seagull Cir 0.69mi 3/2.0 1,188 (-7%) 11mo $202,525 $170 48
3947 Seagull Cir 0.49mi 4/2.0 (+1) 1,425 (+12%) 10mo $211,900 $149 44
4778 Cotton Grass Dr 0.66mi 4/2.0 (+1) 1,425 (+12%) 4mo $216,900 $152 42
4786 Cotton Grass Dr 0.68mi 4/2.0 (+1) 1,425 (+12%) 3mo $216,900 $152 41
5477 Fornea Glen Way 0.72mi 3/2.0 1,405 (+10%) 12mo $244,990 $174 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 · 1.72% rent growth · sell at horizon

5-year hold
IRR
-16.5%
Equity multiple
0.42×
Total profit
$-34,812
Equity at exit
$32,042
10-year hold
IRR
-10.8%
Equity multiple
0.38×
Total profit
$-37,035
Equity at exit
$18,581

Cash invested: $60,172 (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.
Balanced market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

For sale now
28 active · 30 under contract
Months of supply
5.6 mo (18%/mo absorbed)
Median asking
$234,900 ($164/sqft)
Median days on market
160 d
This list price
21% of active listings are priced below it
ARV vs active asking
+19.3% above current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 70461

Home prices YoY
-33.0%
Rents YoY
1.7%
Active inventory
778
Price-to-rent
8.9×

Monthly cashflow live

Estimated rent
$2,008 high interval (Pro) →
Mortgage (P&I)
$1,127
Tax est. 1.5%
$269 /mo · $3,224/yr
Insurance
$90
HOA
$62
Vacancy / Maint / Mgmt
$422
Net cashflow
$39

Break-even live

Break-even rent $1,958
Max offer price $214,900
Occupancy floor 93%

Sensitivity live

Price -10% $188 -5% $113 +0% $39 +5% $-35 +10% $-109
Rent -10% $-119 -5% $-40 +0% $39 +5% $119 +10% $198
Rate -1.0pp $147 -0.5pp $94 base $39 +0.5pp $-16 +1.0pp $-73

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
$53,725
Closing costs
$6,447
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 36 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
5579 Grand Springs Rd Slidell, LA 4.0 2.0 1867 $2,200 $1.18 139d 1 0.53mi
5579 Grand Springs Rd Slidell, LA 4.0 2.0 1867 $2,200 $1.18 0d 1 0.53mi
3604 Spruce Key Ln Slidell, LA 3.0–4.0 2.0 1586 $2,195 $1.38 0d 13 0.53mi
3604 Spruce Key Ln Slidell, LA 3.0–4.0 2.0 1539 $2,150 $1.40 140d 1 0.53mi
3616 Spruce Key Ln Slidell, LA 3.0 2.0 1635 $2,395 $1.46 62d 1 0.56mi
3877 Seagull Cir Slidell, LA 4.0 2.0 1425 $2,350 $1.65 10d 1 0.57mi
3886 Seagull Cir Slidell, LA 3.0 2.0 1188 $2,000 $1.68 0d 1 0.58mi
7535 1st Lake Dr Slidell, LA 3.0 2.0 1564 $2,195 $1.40 81d 1 0.63mi
7535 1st Lake Dr Slidell, LA 3.0 2.0 1564 $2,195 $1.40 112d 1 0.63mi
5748 Spring Briar St Slidell, LA 4.0 2.0 1728 $2,400 $1.39 0d 1 0.68mi
7472 1st Lake Dr Slidell, LA 3.0 2.0 1298 $2,000 $1.54 67d 1 0.76mi
3415 Tide Wind Dr Slidell, LA 3.0 2.0 1640 $2,200 $1.34 6d 1 0.76mi
541 New Basin Rd Slidell, LA 3.0 2.0 1447 $2,250 $1.55 88d 1 0.77mi
301 Lakeshore Blvd N Slidell, LA 1.0–4.0 1.0–2.0 1134 $1,408 $1.24 0d 1 0.77mi
5265 Summer Pecan Rd Slidell, LA 4.0 2.0 1647 $2,200 $1.34 63d 1 0.80mi
200 Long St Slidell, LA 2.0–4.0 2.0 1112 $1,373 $1.23 0d 1 0.82mi
713 Lakeshore Vlg E Slidell, LA 3.0 2.0 1563 $2,100 $1.34 139d 1 0.82mi
705 Lakeshore Vlg E Slidell, LA 3.0 2.0 1564 $2,150 $1.37 0d 1 0.82mi
4356 Marais River Dr Slidell, LA 4.0 2.0 1867 $2,295 $1.23 7d 1 0.91mi
3500 Oak Harbor Blvd Slidell, LA 1.0–2.0 1.0–2.0 880 $1,550 $1.76 0d 11 0.98mi
408 Lakeshore Vlg E Slidell, LA 3.0 2.0 1785 $2,395 $1.34 92d 1 1.00mi
3900 Lakeshore Blvd E Unit 233 Slidell, LA 2.0 2.0 1219 $1,690 $1.39 111d 1 1.12mi
3900 Lakeshore Blvd E Slidell, LA 2.0 2.0 1219 $1,755 $1.44 98d 2 1.16mi
3900 Lakeshore Blvd E #125 Slidell, LA 2.0 2.0 1219 $1,670 $1.37 139d 1 1.16mi
3900 Lakeshore Blvd E Slidell, LA 2.0 2.0 1219 $1,755 $1.44 0d 1 1.16mi
140 E Lake Ct Slidell, LA 4.0 2.0 1683 $2,200 $1.31 6d 1 1.19mi
100 Marina Dr Unit 100 Slidell, LA 3.0 3.0 1850 $1,925 $1.04 99d 1 1.32mi
224 Marina Dr Slidell, LA 2.0 1.5 1287 $1,400 $1.09 139d 1 1.32mi
232 Marina Dr Slidell, LA 2.0 1.5 1250 $1,500 $1.20 139d 1 1.32mi
152 Marina Dr Slidell, LA 2.0 2.0 1250 $1,400 $1.12 116d 1 1.33mi
732 Marina Dr Slidell, LA 2.0 2.5 1182 $1,975 $1.67 10d 1 1.38mi
820 Marina Dr #304 Slidell, LA 2.0 2.0 1100 $1,200 $1.09 10d 1 1.44mi
820 Marina Dr #304 Slidell, LA 2.0 2.0 1100 $1,400 $1.27 74d 1 1.44mi
870 Marina Dr Unit B Slidell, LA 3.0 2.5 1700 $2,050 $1.21 87d 1 1.46mi
870 Marina Dr Unit A Slidell, LA 3.0 2.5 1600 $1,950 $1.22 99d 1 1.47mi
519 Spartan Dr #9101 Slidell, LA 2.0 2.0 1304 $1,400 $1.07 119d 1 1.50mi

Property features AI

Finance

HOA & community
Homeowners association with annual feeAnnual HOA fee: $745Community clubhouseCommunity pool

Exterior

Parking
Garage with one space
Security
Smoke detectors
Utilities
Public waterPublic sewer
Home design
Single-story homeNew construction (in progress)Has home warranty
Construction
Vinyl sidingShingle roofSlab foundationNew construction
Exterior features
Front porchCommunity pool

Interior

Kitchen
DishwasherGarbage disposalMicrowaveOvenRange
Bathrooms
2 full bathrooms
Heating & cooling
Central heatingCentral air conditioning
Interior features
PantryStainless steel appliancesSmart home featuresEnergy-efficient appliances, HVAC, and water heater
Laundry & utility
Washer hookupDryer hookup

HOA detail $62/mo · $744/yr

Likely covers
water

Listing history 50 events

  1. 2026-09-23
    days on market $214,900 Active 110 DOM
  2. 2026-09-22
    days on market $214,900 Active 109 DOM
  3. 2026-09-21
    days on market $214,900 Active 108 DOM
  4. 2026-09-20
    days on market $214,900 Active 107 DOM
  5. 2026-09-19
    days on market $214,900 Active 106 DOM
  6. 2026-09-18
    days on market $214,900 Active 105 DOM
  7. 2026-09-17
    days on market $214,900 Active 104 DOM
  8. 2026-09-16
    days on market $214,900 Active 103 DOM
  9. 2026-09-15
    days on market $214,900 Active 102 DOM
  10. 2026-09-14
    days on market $214,900 Active 101 DOM
  11. 2026-09-13
    days on market $214,900 Active 100 DOM
  12. 2026-09-12
    days on market $214,900 Active 99 DOM
  13. 2026-09-11
    days on market $214,900 Active 98 DOM
  14. 2026-09-05
    days on market $214,900 Active 92 DOM
  15. 2026-09-04
    days on market $214,900 Active 91 DOM
  16. 2026-09-03
    days on market $214,900 Active 90 DOM
  17. 2026-08-31
    days on market $214,900 Active 87 DOM
  18. 2026-08-29
    days on market $214,900 Active 85 DOM
  19. 2026-08-28
    days on market $214,900 Active 84 DOM
  20. 2026-08-27
    days on market $214,900 Active 83 DOM
  21. 2026-08-25
    days on market $214,900 Active 81 DOM
  22. 2026-08-24
    days on market $214,900 Active 80 DOM
  23. 2026-08-23
    days on market $214,900 Active 79 DOM
  24. 2026-08-22
    days on market $214,900 Active 78 DOM
  25. 2026-08-21
    days on market $214,900 Active 77 DOM
  26. 2026-08-20
    days on market $214,900 Active 76 DOM
  27. 2026-08-19
    days on market $214,900 Active 75 DOM
  28. 2026-08-18
    days on market $214,900 Active 74 DOM
  29. 2026-08-17
    days on market $214,900 Active 73 DOM
  30. 2026-08-16
    days on market $214,900 Active 72 DOM
  31. 2026-08-15
    days on market $214,900 Active 71 DOM
  32. 2026-08-14
    days on market $214,900 Active 70 DOM
  33. 2026-08-13
    days on market $214,900 Active 69 DOM
  34. 2026-08-12
    days on market $214,900 Active 68 DOM
  35. 2026-08-11
    days on market $214,900 Active 67 DOM
  36. 2026-08-10
    days on market $214,900 Active 66 DOM
  37. 2026-08-09
    days on market $214,900 Active 65 DOM
  38. 2026-08-08
    days on market $214,900 Active 64 DOM
  39. 2026-08-07
    pricestatusdays on market $214,900 Active 63 DOM
  40. 2026-07-03
    status $222,900 Pending 62 DOM
  41. 2026-07-02
    days on market $222,900 Active 62 DOM
  42. 2026-07-01
    days on market $222,900 Active 61 DOM
  43. 2026-06-30
    days on market $222,900 Active 60 DOM
  44. 2026-06-29
    days on market $222,900 Active 59 DOM
  45. 2026-06-28
    days on market $222,900 Active 58 DOM
  46. 2026-06-27
    days on market $222,900 Active 57 DOM
  47. 2026-06-27
    days on market $222,900 Active 56 DOM
  48. 2026-06-25
    days on market $222,900 Active 54 DOM
  49. 2026-06-22
    days on market $222,900 Active 52 DOM
  50. 2026-06-21
    days on market $222,900 Active 51 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$24,096
− Mortgage interest
−$12,038
− Property taxes
−$3,224
− Insurance
−$1,074
− Repairs & maintenance
−$1,928
− Management
−$1,928
− HOA
−$744
− Depreciation
−$6,252
Taxable loss
−$3,091
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$742
After-tax cash flow
$1,212/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 · 12 photos

Good 80/100 None rehab

This home is in excellent condition with a good condition score of 80. It is move-in ready with minimal repairs and maintenance needed. The highest-ROI updates would be painting the exterior and interior walls, landscaping improvements, adding smart home features, and upgrading appliances.

Value-add opportunities

  • Both Painting exterior and interior walls — Enhances curb appeal and interior aesthetics
  • Both Landscaping improvements — Enhances curb appeal and adds value
  • Both Adding smart home features — Improves convenience and adds value
  • Both Upgrading appliances — Enhances functionality and adds value
F Composite school gradezoned avg 26/100

Zoned Schools

Elementary Abney Elementary Early Childhood Center Middle St. Tammany Junior High School F LA #114/218 Nat'l #8,861/14,009 High Salmen High School F LA #179/265 Nat'l #13,947/17,239

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
B Composite livability gradescore 70/100

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 · 286,725 people
City population
95,511
Metro
New Orleans-Metairie, LA
Population (ZIP)
34,808
Household income
$89,003
Rent vs Own
23.1% rent · 76.9% own
Severe rent burden
25% of renters

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 0.63)
Race & ethnicity
White 55% Black 24% Two or more races 14% Hispanic / Latino 11% Asian 3%
Hispanic origin (detail)
Common ancestry
Lithuanian 9% Italian 1% Romanian 1%
Foreign-born
8% · Canada, China, Vietnam
Languages at home
89% English-only · Spanish 7% Chinese 1% 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

Price history

+0.0% since first listed
3 events — show timeline
  • 2026-05-15 Listed $222,900 Zillow
  • 2026-05-01 Listed $222,900 AcadianaMLS
  • 2026-05-01 Listed $222,900 GSREIN

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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