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543 Bonnabel Blvd
C Composite 58.62
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

543 Bonnabel Blvd · Metairie, LA 70005
3 bd · 2.0 ba · 2,228 sqft · SingleFamily · 273 Days on market
Built 1950 7,501 sqft lot $101/sqft · 55% below area ↓ 28% since listing

🖨 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

BONNABEL PLACE SUBDIVISIONCLOSE PROXIMITY TO RESTAURANTSCLOSE PROXIMITY TO MALLSOVERSIZED LOTDETACHED GUEST SUITEINLAW SUITE

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

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.
Recommended offer $198,000 (12.0% below list)

Questions for the listing agent

  1. 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?
  2. Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
  4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. 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?
  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
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

5-year hold
IRR
-7.8%
Equity multiple
0.72×
Total profit
$-17,632
Equity at exit
$33,548
10-year hold
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
5-day notice; no state rent control; civil-law jurisdiction; landlord-favorable.

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

Break-even rent $2,048
Max offer price $225,000
Occupancy floor 79%

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

AddressBedsBaths SqftRent$/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

  1. 2026-06-18
    days on market $225,000 Active 273 DOM
  2. 2026-06-17
    days on market $225,000 Active 272 DOM
  3. 2026-06-16
    days on market $225,000 Active 271 DOM
  4. 2026-06-15
    days on market $225,000 Active 270 DOM
  5. 2026-06-13
    days on market $225,000 Active 268 DOM
  6. 2026-06-10
    days on market $225,000 Active 265 DOM
  7. 2026-06-09
    days on market $225,000 Active 264 DOM
  8. 2026-06-08
    days on market $225,000 Active 263 DOM
  9. 2026-06-07
    days on market $225,000 Active 262 DOM
  10. 2026-06-03
    days on market $225,000 Active 258 DOM
  11. 2026-06-02
    days on market $225,000 Active 257 DOM
  12. 2026-06-01
    days on market $225,000 Active 256 DOM
  13. 2026-05-31
    days on market $225,000 Active 255 DOM
  14. 2026-05-19
    status 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.

  15. 2026-05-19
    status 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.

  16. 2026-05-12
    status 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.

  17. 2026-05-12
    status 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.

  18. 2026-04-17
    price $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.

  19. 2026-04-17
    price $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.

  20. 2026-03-23
    price $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.

  21. 2026-03-23
    price $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.

  22. 2026-01-09
    price $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.

  23. 2026-01-09
    price $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.

  24. 2025-12-13
    price $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.

  25. 2025-12-13
    price $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.

  26. 2025-10-30
    price $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.

  27. 2025-10-30
    price $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.

  28. 2025-09-11
    listed $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.

  29. 2025-09-11
    listed $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.

  30. 1983-06-01
    soldstatus

ⓘ 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
combined federal + state — saved on this device
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

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

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
34.9% rent · 65.1% 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

Price history

-27.7% since first listed
17 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%/yr

Latest (2025): $3,334 · +0.2% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…