543 Bonnabel Blvd · Metairie, LA
Flood risk 8/10 · Major
- FEMA flood zone
- X
- Chance of flooding over 30 yrs
- 0.6%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $1,269 – $2,357
Heat risk 10/10 · Severe
- Hot days now (above 108°F)
- 7 days/yr
- Hot days in 30 yrs
- 20 days/yr
Wind risk 10/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 4 days/yr
- Unhealthy air days in 30 yrs
- 4 days/yr
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 +24.8/30.0
- DSCR +8.1/10.0
- ARV discount +7.5/15.0
- 1% rule +6.4/10.0
- Livability +4.4/5.0
- Schools +2.5/10.0
- Condition / age +2.5/5.0
- Rent growth +2.4/5.0
- Appreciation +0.0/10.0
$225,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
When you look at this house, it is full of potential. Located in a highly sought after neighborhood in the Bonnabel Place subdivision. Close proximity to everything Metairie has to offer including great schools, restaurants, malls and minutes to the central business district. The main house needs a total make over, but the bones are good with a good flowing floorplan. The house is located on an oversized lot with a detached guest or inlaw suite in the back. Add a gate and the back yard becomes accessible to Rear Yard Access with plenty of space to park. If you can get pass the cover, this is the potential that is revealed with this gem. Please visit.
Key facts
- Detached guest suite
- Inlaw suite
- Oversized lot
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath single-family listed at $225k.
Deal economics
- At list price, monthly cash flow is $413 ($5k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($3k rent vs $225k).
- Recommended offer: $198k (12.0% below list) — sets the bar for market timing.
- Cap rate 8.8% vs local median 3.6% in Metairie — 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 87/100 on livability (#1 in LA, #261 nationally) — a professional / high-income tenant draw. Strengths: commute A+, housing A+, health & safety A+.
- 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.
- Market conditions: Rents soft (-0.3%/yr); 171 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 518 units permitted in Jefferson Parish in 2024 (43 in 5+ unit buildings).
- This rent runs 35% of the median local income ($89k/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.
Negotiation context
- It's been on market 273 days — a 12% lower offer ($198k) is reasonable based on typical stale-listing flexibility.
- 4 sale attempts; this cycle's ask has dropped $100k (31%) 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; built in 1950 — expect roof / HVAC / electrical / plumbing capex.
- Climate carrying-cost: severe flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 273 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
- 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?
- 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
- 1.14% ✓
- Cap rate
- 8.85%
- Cash-on-cash
- 9.13%
- DSCR
- 1.41
- GRM
- 7.3
CMA / ARV
- ARV (median comp)
- $498,587
- List price
- $225,000
- Delta
- -54.87%
- 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 |
|---|---|---|---|---|---|---|---|
| 537 Beverly Garden Dr | 0.22mi | 3/2.0 | 2,126 (-5%) | 1mo | $232,500 | $109 | 82 |
| 644 Brockenbraugh Ct | 0.44mi | 3/2.0 | 2,358 (+6%) | 1mo | $586,500 | $249 | 69 |
| 2619 Metairie Ct | 0.37mi | 4/3.0 (+1) | 2,160 (-3%) | 2mo | $347,110 | $161 | 67 |
| 504 Brockenbraugh Ct | 0.31mi | 4/2.5 (+1) | 2,077 (-7%) | 3mo | $525,000 | $253 | 65 |
| 546 Brockenbraugh Ct | 0.34mi | 4/3.0 (+1) | 2,100 (-6%) | 2mo | $600,000 | $286 | 64 |
| 349 Melody Dr | 0.39mi | 4/3.0 (+1) | 2,384 (+7%) | 3mo | $470,000 | $197 | 58 |
| 2929 Metairie Heights Ave | 0.64mi | 4/2.0 (+1) | 2,146 (-4%) | 2mo | $445,700 | $208 | 57 |
| 354 Homestead Ave | 0.36mi | 4/3.0 (+1) | 2,465 (+11%) | 0mo | $669,000 | $271 | 56 |
| 417 Sena Dr | 0.46mi | 4/3.0 (+1) | 2,065 (-7%) | 3mo | $330,000 | $160 | 55 |
| 417 W William David Pkwy | 0.51mi | 3/2.0 | 1,971 (-12%) | 3mo | $345,000 | $175 | 55 |
| 568 E William David Pkwy | 0.61mi | 3/2.0 | 1,985 (-11%) | 1mo | $420,000 | $212 | 53 |
| 1912 Metairie Ct | 0.47mi | 3/2.5 | 1,939 (-13%) | 3mo | $484,500 | $250 | 52 |
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
- IRR
- -7.8%
- Equity multiple
- 0.72×
- Total profit
- $-17,632
- Equity at exit
- $33,548
- IRR
- -2.8%
- Equity multiple
- 0.84×
- Total profit
- $-10,308
- Equity at exit
- $19,454
Cash invested: $63,000 (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 70005
- Rents YoY
- -0.3%
- Active inventory
- 171
- Price-to-rent
- 7.3×
Monthly cashflow live
- Estimated rent
- $2,570 high interval (Pro) →
- Mortgage (P&I)
- −$1,180
- Tax from tax record
- −$278 /mo · $3,334/yr
- Insurance
- −$94
- Flood insurance flood zone
- −$66 /mo · $798/yr
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$540
- Net cashflow
- $413
Break-even live
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
- $56,250
- Closing costs
- $6,750
- 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
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 517 Beverly Garden Dr Metairie, LA | 3.0 | 2.0 | 1700 | $2,000 | $1.18 | 44d | 1 | 0.20mi |
| 728 Bonnabel Blvd Unit 1 Metairie, LA | 3.0 | 2.0 | 2000 | $3,500 | $1.75 | 43d | 1 | 0.33mi |
| 437 Elmeer Ave Metairie, LA | 3.0 | 2.0 | 2041 | $3,950 | $1.94 | 21d | 1 | 0.40mi |
| 261 Elmeer Ave Metairie, LA | 2.0 | 1.5 | 1650 | $1,725 | $1.05 | 43d | 1 | 0.47mi |
| 1916 Metairie Heights Ave Metairie, LA | 4.0 | 2.0 | 2250 | $2,800 | $1.24 | 23d | 1 | 0.47mi |
| 218 Aurora Ave Metairie, LA | 3.0 | 2.5 | 2500 | $2,500 | $1.00 | 23d | 1 | 0.50mi |
| 420 E William David Pkwy Metairie, LA | 2.0 | 2.0 | 1585 | $2,000 | $1.26 | 4d | 1 | 0.57mi |
| 132 Hesper Ave Metairie, LA | 4.0 | 4.0 | 2598 | $5,500 | $2.12 | 43d | 1 | 0.64mi |
| 130 Helios Ave Metairie, LA | 2.0 | 2.5 | 1793 | $2,600 | $1.45 | 14d | 1 | 0.64mi |
| 517 Rosa Ave Metairie, LA | 3.0 | 2.0 | 1900 | $2,100 | $1.11 | 4d | 1 | 0.67mi |
| 801 Rue Burgundy #215 Metairie, LA | 2.0 | 2.0 | 1763 | $3,500 | $1.99 | 43d | 1 | 0.74mi |
| 801 Rue Burgundy #319 Metairie, LA | 2.0 | 2.0 | 1763 | $3,250 | $1.84 | 14d | 1 | 0.74mi |
| 209 Rosa Ave Metairie, LA | 3.0 | 2.5 | 2400 | $2,000 | $0.83 | 14d | 1 | 0.75mi |
| 644 Oaklawn Dr Metairie, LA | 3.0 | 2.0 | 1504 | $2,300 | $1.53 | 14d | 1 | 0.80mi |
| 3017 Clifford Dr Metairie, LA | 3.0 | 2.0 | 1900 | $2,500 | $1.32 | 23d | 1 | 0.80mi |
| 3108 Ridgeway Dr Metairie, LA | 3.0 | 2.0 | 1446 | $2,100 | $1.45 | 4d | 1 | 0.87mi |
| 375 Aris Ave Metairie, LA | 4.0 | 2.0 | 1480 | $2,100 | $1.42 | 23d | 1 | 0.87mi |
| 3104 Clifford Dr Metairie, LA | 4.0 | 2.0 | 2018 | $2,700 | $1.34 | 23d | 1 | 0.88mi |
| 1055 Bonnabel Blvd Metairie, LA | 3.0 | 2.0 | 1581 | $2,650 | $1.68 | 3d | 1 | 0.89mi |
| 1055 Bonnabel Blvd Metairie, LA | 3.0 | 2.0 | 1581 | $2,650 | $1.68 | 2d | 1 | 0.89mi |
| 2328 Metairie Rd Unit 300 Metairie, LA | 2.0 | 2.0 | 1576 | $3,300 | $2.09 | 43d | 1 | 0.93mi |
| 261 Hollywood Dr Unit C Metairie, LA | 3.0 | 1.0 | 1400 | $2,300 | $1.64 | 4d | 1 | 0.97mi |
| 3011 46th St Metairie, LA | 3.0 | 1.0 | 1488 | $2,200 | $1.48 | 43d | 1 | 0.97mi |
| 849 Rosa Ave Unit 1 Metairie, LA | 4.0 | 3.0 | 2392 | $2,650 | $1.11 | 23d | 1 | 0.97mi |
| 1253 Bonnabel Blvd Metairie, LA | 3.0 | 2.5 | 1660 | $2,350 | $1.42 | 23d | 1 | 1.20mi |
| 3710 Lilac Ln Unit 2111 Metairie, LA | 3.0 | 2.5 | 1800 | $1,630 | $0.91 | 23d | 1 | 1.33mi |
| 3710 Lilac Ln Unit 2509 Metairie, LA | 3.0 | 2.5 | 1800 | $1,705 | $0.95 | 21d | 1 | 1.33mi |
| 3708 Saratoga Dr Metairie, LA | 3.0 | 2.5 | 1700 | $1,800 | $1.06 | 43d | 1 | 1.33mi |
| 3717 Lilac Ln Metairie, LA | 4.0 | 2.5 | 2308 | $2,350 | $1.02 | 23d | 1 | 1.34mi |
| 1117 Andrews Ave Metairie, LA | 3.0 | 2.0 | 1770 | $2,600 | $1.47 | 43d | 1 | 1.34mi |
| 3725 Lilac Ln Metairie, LA | 3.0 | 2.5 | 1766 | $2,200 | $1.25 | 4d | 1 | 1.35mi |
| 3624 45th St Metairie, LA | 3.0 | 2.0 | 1645 | $2,100 | $1.28 | 43d | 1 | 1.36mi |
| 3624 45th St Metairie, LA | 3.0 | 2.0 | 1645 | $1,950 | $1.19 | 4d | 1 | 1.36mi |
| 1003 Old Metairie Pl Metairie, LA | 3.0 | 2.5 | 1900 | $3,000 | $1.58 | 23d | 1 | 1.38mi |
| 3738 S I-10 Service Rd W Metairie, LA | 3.0 | 2.5 | 1700 | $1,650 | $0.97 | 4d | 1 | 1.40mi |
| 2421 Caswell Ln Metairie, LA | 3.0 | 2.0 | 1450 | $1,750 | $1.21 | 4d | 1 | 1.40mi |
| 428 16th St New Orleans, LA | 3.0 | 2.0 | 1682 | $2,350 | $1.40 | 16d | 1 | 1.40mi |
| 6256 Bellaire Dr Unit 6254 New Orleans, LA | 3.0 | 2.0 | 1510 | $1,850 | $1.23 | 20d | 1 | 1.42mi |
| 3731 Bunker Hill Dr Metairie, LA | 3.0 | 2.0 | 1600 | $1,900 | $1.19 | 23d | 1 | 1.42mi |
| 2520 Caswell Ln Metairie, LA | 3.0 | 2.5 | 1795 | $1,800 | $1.00 | 1d | 1 | 1.43mi |
Listing history 30 events
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2026-06-18days on market $225,000 Active 273 DOM
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2026-06-17days on market $225,000 Active 272 DOM
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2026-06-16days on market $225,000 Active 271 DOM
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2026-06-15days on market $225,000 Active 270 DOM
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2026-06-13days on market $225,000 Active 268 DOM
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2026-06-10days on market $225,000 Active 265 DOM
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2026-06-09days on market $225,000 Active 264 DOM
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2026-06-08days on market $225,000 Active 263 DOM
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2026-06-07days on market $225,000 Active 262 DOM
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2026-06-03days on market $225,000 Active 258 DOM
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2026-06-02days on market $225,000 Active 257 DOM
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2026-06-01days on market $225,000 Active 256 DOM
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2026-05-31days on market $225,000 Active 255 DOM
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2026-05-19status Active 658-char remark
Show marketing remark (658 chars)
When you look at this house, it is full of potential. Located in a highly sought after neighborhood in the Bonnabel Place subdivision. Close proximity to everything Metairie has to offer including great schools, restaurants, malls and minutes to the central business district. The main house needs a total make over, but the bones are good with a good flowing floorplan. The house is located on an oversized lot with a detached guest or inlaw suite in the back. Add a gate and the back yard becomes accessible to Rear Yard Access with plenty of space to park. If you can get pass the cover, this is the potential that is revealed with this gem. Please visit.
-
2026-05-19status Active 658-char remark
Show marketing remark (658 chars)
When you look at this house, it is full of potential. Located in a highly sought after neighborhood in the Bonnabel Place subdivision. Close proximity to everything Metairie has to offer including great schools, restaurants, malls and minutes to the central business district. The main house needs a total make over, but the bones are good with a good flowing floorplan. The house is located on an oversized lot with a detached guest or inlaw suite in the back. Add a gate and the back yard becomes accessible to Rear Yard Access with plenty of space to park. If you can get pass the cover, this is the potential that is revealed with this gem. Please visit.
-
2026-05-12status Pending 658-char remark
Show marketing remark (658 chars)
When you look at this house, it is full of potential. Located in a highly sought after neighborhood in the Bonnabel Place subdivision. Close proximity to everything Metairie has to offer including great schools, restaurants, malls and minutes to the central business district. The main house needs a total make over, but the bones are good with a good flowing floorplan. The house is located on an oversized lot with a detached guest or inlaw suite in the back. Add a gate and the back yard becomes accessible to Rear Yard Access with plenty of space to park. If you can get pass the cover, this is the potential that is revealed with this gem. Please visit.
-
2026-05-12status Pending 658-char remark
Show marketing remark (658 chars)
When you look at this house, it is full of potential. Located in a highly sought after neighborhood in the Bonnabel Place subdivision. Close proximity to everything Metairie has to offer including great schools, restaurants, malls and minutes to the central business district. The main house needs a total make over, but the bones are good with a good flowing floorplan. The house is located on an oversized lot with a detached guest or inlaw suite in the back. Add a gate and the back yard becomes accessible to Rear Yard Access with plenty of space to park. If you can get pass the cover, this is the potential that is revealed with this gem. Please visit.
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2026-04-17price $235,000 658-char remark
Show marketing remark (658 chars)
When you look at this house, it is full of potential. Located in a highly sought after neighborhood in the Bonnabel Place subdivision. Close proximity to everything Metairie has to offer including great schools, restaurants, malls and minutes to the central business district. The main house needs a total make over, but the bones are good with a good flowing floorplan. The house is located on an oversized lot with a detached guest or inlaw suite in the back. Add a gate and the back yard becomes accessible to Rear Yard Access with plenty of space to park. If you can get pass the cover, this is the potential that is revealed with this gem. Please visit.
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2026-04-17price $235,000 658-char remark
Show marketing remark (658 chars)
When you look at this house, it is full of potential. Located in a highly sought after neighborhood in the Bonnabel Place subdivision. Close proximity to everything Metairie has to offer including great schools, restaurants, malls and minutes to the central business district. The main house needs a total make over, but the bones are good with a good flowing floorplan. The house is located on an oversized lot with a detached guest or inlaw suite in the back. Add a gate and the back yard becomes accessible to Rear Yard Access with plenty of space to park. If you can get pass the cover, this is the potential that is revealed with this gem. Please visit.
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2026-03-23price $250,000 658-char remark
Show marketing remark (658 chars)
When you look at this house, it is full of potential. Located in a highly sought after neighborhood in the Bonnabel Place subdivision. Close proximity to everything Metairie has to offer including great schools, restaurants, malls and minutes to the central business district. The main house needs a total make over, but the bones are good with a good flowing floorplan. The house is located on an oversized lot with a detached guest or inlaw suite in the back. Add a gate and the back yard becomes accessible to Rear Yard Access with plenty of space to park. If you can get pass the cover, this is the potential that is revealed with this gem. Please visit.
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2026-03-23price $250,000 658-char remark
Show marketing remark (658 chars)
When you look at this house, it is full of potential. Located in a highly sought after neighborhood in the Bonnabel Place subdivision. Close proximity to everything Metairie has to offer including great schools, restaurants, malls and minutes to the central business district. The main house needs a total make over, but the bones are good with a good flowing floorplan. The house is located on an oversized lot with a detached guest or inlaw suite in the back. Add a gate and the back yard becomes accessible to Rear Yard Access with plenty of space to park. If you can get pass the cover, this is the potential that is revealed with this gem. Please visit.
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2026-01-09price $260,000 658-char remark
Show marketing remark (658 chars)
When you look at this house, it is full of potential. Located in a highly sought after neighborhood in the Bonnabel Place subdivision. Close proximity to everything Metairie has to offer including great schools, restaurants, malls and minutes to the central business district. The main house needs a total make over, but the bones are good with a good flowing floorplan. The house is located on an oversized lot with a detached guest or inlaw suite in the back. Add a gate and the back yard becomes accessible to Rear Yard Access with plenty of space to park. If you can get pass the cover, this is the potential that is revealed with this gem. Please visit.
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2026-01-09price $260,000 658-char remark
Show marketing remark (658 chars)
When you look at this house, it is full of potential. Located in a highly sought after neighborhood in the Bonnabel Place subdivision. Close proximity to everything Metairie has to offer including great schools, restaurants, malls and minutes to the central business district. The main house needs a total make over, but the bones are good with a good flowing floorplan. The house is located on an oversized lot with a detached guest or inlaw suite in the back. Add a gate and the back yard becomes accessible to Rear Yard Access with plenty of space to park. If you can get pass the cover, this is the potential that is revealed with this gem. Please visit.
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2025-12-13price $285,000 658-char remark
Show marketing remark (658 chars)
When you look at this house, it is full of potential. Located in a highly sought after neighborhood in the Bonnabel Place subdivision. Close proximity to everything Metairie has to offer including great schools, restaurants, malls and minutes to the central business district. The main house needs a total make over, but the bones are good with a good flowing floorplan. The house is located on an oversized lot with a detached guest or inlaw suite in the back. Add a gate and the back yard becomes accessible to Rear Yard Access with plenty of space to park. If you can get pass the cover, this is the potential that is revealed with this gem. Please visit.
-
2025-12-13price $285,000 658-char remark
Show marketing remark (658 chars)
When you look at this house, it is full of potential. Located in a highly sought after neighborhood in the Bonnabel Place subdivision. Close proximity to everything Metairie has to offer including great schools, restaurants, malls and minutes to the central business district. The main house needs a total make over, but the bones are good with a good flowing floorplan. The house is located on an oversized lot with a detached guest or inlaw suite in the back. Add a gate and the back yard becomes accessible to Rear Yard Access with plenty of space to park. If you can get pass the cover, this is the potential that is revealed with this gem. Please visit.
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2025-10-30price $299,000 658-char remark
Show marketing remark (658 chars)
When you look at this house, it is full of potential. Located in a highly sought after neighborhood in the Bonnabel Place subdivision. Close proximity to everything Metairie has to offer including great schools, restaurants, malls and minutes to the central business district. The main house needs a total make over, but the bones are good with a good flowing floorplan. The house is located on an oversized lot with a detached guest or inlaw suite in the back. Add a gate and the back yard becomes accessible to Rear Yard Access with plenty of space to park. If you can get pass the cover, this is the potential that is revealed with this gem. Please visit.
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2025-10-30price $299,000 658-char remark
Show marketing remark (658 chars)
When you look at this house, it is full of potential. Located in a highly sought after neighborhood in the Bonnabel Place subdivision. Close proximity to everything Metairie has to offer including great schools, restaurants, malls and minutes to the central business district. The main house needs a total make over, but the bones are good with a good flowing floorplan. The house is located on an oversized lot with a detached guest or inlaw suite in the back. Add a gate and the back yard becomes accessible to Rear Yard Access with plenty of space to park. If you can get pass the cover, this is the potential that is revealed with this gem. Please visit.
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2025-09-11$325,000 Active 658-char remark
Show marketing remark (658 chars)
When you look at this house, it is full of potential. Located in a highly sought after neighborhood in the Bonnabel Place subdivision. Close proximity to everything Metairie has to offer including great schools, restaurants, malls and minutes to the central business district. The main house needs a total make over, but the bones are good with a good flowing floorplan. The house is located on an oversized lot with a detached guest or inlaw suite in the back. Add a gate and the back yard becomes accessible to Rear Yard Access with plenty of space to park. If you can get pass the cover, this is the potential that is revealed with this gem. Please visit.
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2025-09-11$325,000 Active 658-char remark
Show marketing remark (658 chars)
When you look at this house, it is full of potential. Located in a highly sought after neighborhood in the Bonnabel Place subdivision. Close proximity to everything Metairie has to offer including great schools, restaurants, malls and minutes to the central business district. The main house needs a total make over, but the bones are good with a good flowing floorplan. The house is located on an oversized lot with a detached guest or inlaw suite in the back. Add a gate and the back yard becomes accessible to Rear Yard Access with plenty of space to park. If you can get pass the cover, this is the potential that is revealed with this gem. Please visit.
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1983-06-01soldstatus
ⓘ 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
- $3,334 · $278/mo
- Projected year-2 tax
- $3,334 · $278/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 · 20 d/yr by 30 yrs out
- Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
- Air quality 4/10 Moderate 4 unhealthy d/yr today · 4 by 30 yrs out
Nearby sold comps map
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Walkable amenities ~0.75 mi
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Taxation est. · year 1
- Rental income
- $30,846
- − Mortgage interest
- −$12,603
- − Property taxes
- −$3,334
- − Insurance
- −$1,922
- − Repairs & maintenance
- −$2,468
- − Management
- −$2,468
- − Depreciation
- −$6,545
- Taxable income
- $1,504
- Est. tax owed @ 24.0%
- −$361
- After-tax cash flow
- $4,591/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 — Metairie
- Score
- 87/100
- State rank
- #1
- US rank
- #261
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Metairie, LA
- County
- Jefferson Parish · 426,999 people
- City population
- 137,978
- Metro
- New Orleans-Metairie, LA
- Population (ZIP)
- 24,088
- Household income
- $89,194
- Rent vs Own
- Severe rent burden
- 711.0
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
- Predominantly White (81%)
- Race & ethnicity
- White 81% Hispanic / Latino 13% Two or more races 8% Asian 2% Native American 2% Black 1%
- Hispanic origin (detail)
- Mexican 1%
- Common ancestry
- Lithuanian 21% Slovak 2% Iranian 1%
- Foreign-born
- 9% · Canada, China, Vietnam
- Languages at home
- 89% English-only · Spanish 8% French/Haitian/Cajun 1% Other Indo-European 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
- ▼ -371.32%
- Current HPI
- 142.4955
- Rent YoY
- ▼ -0.31%
- 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
-27.7% since first listed17 events — show timeline
- 2026-05-19 Relisted — AcadianaMLS
- 2026-05-19 Relisted — GSREIN
- 2026-05-12 Pending — AcadianaMLS
- 2026-05-12 Pending — GSREIN
- 2026-04-17 Price Changed $235,000 AcadianaMLS
- 2026-04-17 Price Changed $235,000 GSREIN
- 2026-03-23 Price Changed $250,000 AcadianaMLS
- 2026-03-23 Price Changed $250,000 GSREIN
- 2026-01-09 Price Changed $260,000 AcadianaMLS
- 2026-01-09 Price Changed $260,000 GSREIN
- 2025-12-13 Price Changed $285,000 AcadianaMLS
- 2025-12-13 Price Changed $285,000 GSREIN
- 2025-10-30 Price Changed $299,000 AcadianaMLS
- 2025-10-30 Price Changed $299,000 GSREIN
- 2025-09-11 Listed $325,000 GSREIN
- 2025-09-11 Listed $325,000 AcadianaMLS
- 1983-06-01 Sold (Public Records) — Public Records
Property tax history
+2.4%/yrLatest (2025): $3,334 · +0.2% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…