300 Chinchilla Dr · Arabi, LA 70032

$299,000

4 bd · 3.0 ba · 3,316 sqft · SingleFamily · 21 Days on market

Built 1964 6,599 sqft lot Est $517k · 42% under

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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).

• ARV discount +15.0/15.0
• Cash flow +14.9/30.0
• Schools +5.0/10.0
• DSCR +4.5/10.0
• Livability +3.6/5.0
• 1% rule +3.4/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

PRICE IMPROVEMENT! Seller offering $5,000 credit toward buyer's closing costs. This spacious and charming home offers a perfect blend of comfort and modern living with its 4 bedrooms and 3 bathrooms. This home was beautifully updated this year with all-new appliances that come with warranties, making it a smart and worry-free buy! interior has been thoughtfully updated, featuring new appliances and stylish finishes throughout. The kitchen is a standout with top-of-the-line appliances and new features, making it a chef's dream for preparing meals and entertaining guests. The home also boasts ample living space that can accommodate a growing family or provide room for guests. This home is ideal for families, offering two spacious bedrooms with one conveniently located downstairs that can serve as a private mother-in-law suite or guest space. Outside, the property offers plenty of parking with a convenient driveway, ensuring ease and accessibility for multiple vehicles. The lot size is approximately 6,600 square feet, providing a nice outdoor area for relaxation or gardening. This residence combines classic appeal with contemporary upgrades, making it move-in ready and ideal for buyers seeking both space and modern conveniences in Arabi. The overall ambiance is welcoming and well-maintained, highlighting the attention to detail in the recent renovations and enhancements. This home is filled with an abundance of natural light, creating a warm and inviting atmosphere throughout. This home at 300 Chinchilla Drive is perfect for those looking for a stylish, spacious, and functional family home with modern amenities and plenty of parking. Differential settlement report is available upon request. https://vimeo.com/1126302166/d9fc6d9bcb

Key facts

• Quartz countertops
• Natural light
• Walk-in closets

Tags

• NATURAL LIGHT
• CORNER LOT
• PARKING FOR RV/BOAT
• QUARTZ COUNTERTOPS
• PLENTY OF CABINETS
• WALK-IN CLOSETS

Property features AI

Exterior

• Parking: Driveway parking; Off-street parking; Three or more parking spaces
• Security: Smoke detectors
• Utilities: Public water; Public sewer
• Home design: 2-story home; Stucco exterior; Shingle roof; Slab foundation; Property in excellent condition; Corner lot; Located outside city limits; Lot dimensions approximately 60 x 110
• Construction: Built with stucco construction; Shingle roof; Slab foundation
• Exterior features: Fenced yard; Porch; Concrete patio or porch; Shed(s)

Interior

• Kitchen: Cooktop; Dishwasher; Microwave; Oven; Range; Refrigerator
• Bathrooms: 3 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Ceiling fans; Carbon monoxide detector; Pantry; Stone counters; Stainless steel appliances
• Laundry & utility: Washer hookup; Dryer hookup

What this means for you Summary

Snapshot

• This is a 4-bed/3.0-bath single-family listed at $299k.

Deal economics

• At list price, monthly cash flow is $19 ($227/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 $250k (16.4% below list).
• Recommended offer: $250k (16.4% below list) — sets the bar for 1% rule.
• Cap rate 6.6% vs local median 5.3% in Arabi — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 71/100 on livability (#45 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A; Watch: employment D, amenities F, commute F.
• Market conditions: 101 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 112 units permitted in St. Bernard Parish in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.
• St. Bernard County population projected at +89% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 21 days — a 2% lower offer ($295k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 14y ago; this cycle's ask has dropped $50k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $68k; list at $299k implies a 340% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: severe flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $250,000 (16.4% below list)

Questions for the listing agent

1. Built in 1964 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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.
6. 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.
7. 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: 0.84% ✗
• Cap rate: 6.64%
• Cash-on-cash: 1.22%
• DSCR: 1.05
• GRM: 10.0

CMA / ARV

• ARV (on-the-fly): $517,296
• Comps found: 4

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1815 Alexander Ave	0.43mi	5/3.0 (+1)	3,314 (-0%)	16mo	$450,000	$136	62
1903 Rose St	0.37mi	5/3.5 (+1)	3,104 (-6%)	16mo	$455,000	$147	52
1623 Schnell Dr	0.19mi	4/3.5	2,861 (-14%)	21mo	$445,000	$156	49
1205 Perrin Dr	0.15mi	5/4.5 (+1)	2,819 (-15%)	20mo	$549,000	$195	41

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

5-year hold

• IRR: -15.9%
• Equity multiple: 0.44×
• Total profit: $-47,278
• Equity at exit: $44,582

10-year hold

• IRR: -7.5%
• Equity multiple: 0.53×
• Total profit: $-39,742
• Equity at exit: $25,852

Cash invested: $83,720 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 90 Strongly Landlord-Friendly
• State Louisiana: 90 Strongly Landlord-Friendly · R+12
• County: — inherits STATE
• City: — inherits STATE

5-day notice; no state rent control; civil-law jurisdiction; landlord-favorable.

Methodology + full state rankings →

ZIP-level market 70032

• Active inventory: 101
• Price-to-rent: 10.0×

Monthly cashflow live

• Estimated rent: $2,500 medium
• Mortgage (P&I): −$1,568
• Tax from tax record: −$197 /mo · $2,365/yr
• Insurance: −$125
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$525
• Net cashflow: $19

Break-even live

Break-even rent $2,476

Max offer price $299,000

Occupancy floor 94%

Sensitivity live

Price	-10% $188	-5% $104	+0% $19	+5% $-66	+10% $-150
Rent	-10% $-179	-5% $-80	+0% $19	+5% $118	+10% $216
Rate	-1.0pp $169	-0.5pp $95	base $19	+0.5pp $-59	+1.0pp $-137

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: $74,750
• Closing costs: $8,970
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
8401 Main Dr Chalmette, LA	4.0	2.5	3271	$2,500	$0.76	45d	1	0.83mi

Listing history 30 events

1. 2026-06-21
   days on market $299,000 Active 21 DOM
2. 2026-06-18
   days on market $299,000 Active 18 DOM
3. 2026-06-17
   days on market $299,000 Active 17 DOM
4. 2026-06-16
   days on market $299,000 Active 16 DOM
5. 2026-06-15
   days on market $299,000 Active 15 DOM
6. 2026-06-13
   days on market $299,000 Active 13 DOM
7. 2026-06-10
   days on market $299,000 Active 10 DOM
8. 2026-06-09
   days on market $299,000 Active 9 DOM
9. 2026-06-08
   days on market $299,000 Active 8 DOM
10. 2026-06-07
    days on market $299,000 Active 7 DOM
11. 2026-06-03
    days on market $299,000 Active 3 DOM
12. 2026-06-02
    days on market $299,000 Active 2 DOM
13. 2026-06-01
    statusdays on marketlisting id $299,000 Active 1 DOM
14. 2026-04-10
    status Pending 1756-char remark

    Show marketing remark (1756 chars)

    PRICE IMPROVEMENT! Seller offering $5,000 credit toward buyer's closing costs. This spacious and charming home offers a perfect blend of comfort and modern living with its 4 bedrooms and 3 bathrooms. This home was beautifully updated this year with all-new appliances that come with warranties, making it a smart and worry-free buy! interior has been thoughtfully updated, featuring new appliances and stylish finishes throughout. The kitchen is a standout with top-of-the-line appliances and new features, making it a chef's dream for preparing meals and entertaining guests. The home also boasts ample living space that can accommodate a growing family or provide room for guests. This home is ideal for families, offering two spacious bedrooms with one conveniently located downstairs that can serve as a private mother-in-law suite or guest space. Outside, the property offers plenty of parking with a convenient driveway, ensuring ease and accessibility for multiple vehicles. The lot size is approximately 6,600 square feet, providing a nice outdoor area for relaxation or gardening. This residence combines classic appeal with contemporary upgrades, making it move-in ready and ideal for buyers seeking both space and modern conveniences in Arabi. The overall ambiance is welcoming and well-maintained, highlighting the attention to detail in the recent renovations and enhancements. This home is filled with an abundance of natural light, creating a warm and inviting atmosphere throughout. This home at 300 Chinchilla Drive is perfect for those looking for a stylish, spacious, and functional family home with modern amenities and plenty of parking. Differential settlement report is available upon request. https://vimeo.com/1126302166/d9fc6d9bcb

15. 2026-04-10
    historical Active Under Contract

    Show marketing remark (1756 chars)

    PRICE IMPROVEMENT! Seller offering $5,000 credit toward buyer's closing costs. This spacious and charming home offers a perfect blend of comfort and modern living with its 4 bedrooms and 3 bathrooms. This home was beautifully updated this year with all-new appliances that come with warranties, making it a smart and worry-free buy! interior has been thoughtfully updated, featuring new appliances and stylish finishes throughout. The kitchen is a standout with top-of-the-line appliances and new features, making it a chef's dream for preparing meals and entertaining guests. The home also boasts ample living space that can accommodate a growing family or provide room for guests. This home is ideal for families, offering two spacious bedrooms with one conveniently located downstairs that can serve as a private mother-in-law suite or guest space. Outside, the property offers plenty of parking with a convenient driveway, ensuring ease and accessibility for multiple vehicles. The lot size is approximately 6,600 square feet, providing a nice outdoor area for relaxation or gardening. This residence combines classic appeal with contemporary upgrades, making it move-in ready and ideal for buyers seeking both space and modern conveniences in Arabi. The overall ambiance is welcoming and well-maintained, highlighting the attention to detail in the recent renovations and enhancements. This home is filled with an abundance of natural light, creating a warm and inviting atmosphere throughout. This home at 300 Chinchilla Drive is perfect for those looking for a stylish, spacious, and functional family home with modern amenities and plenty of parking. Differential settlement report is available upon request. https://vimeo.com/1126302166/d9fc6d9bcb

16. 2026-02-02
    price $299,000 1756-char remark

    Show marketing remark (1756 chars)

    PRICE IMPROVEMENT! Seller offering $5,000 credit toward buyer's closing costs. This spacious and charming home offers a perfect blend of comfort and modern living with its 4 bedrooms and 3 bathrooms. This home was beautifully updated this year with all-new appliances that come with warranties, making it a smart and worry-free buy! interior has been thoughtfully updated, featuring new appliances and stylish finishes throughout. The kitchen is a standout with top-of-the-line appliances and new features, making it a chef's dream for preparing meals and entertaining guests. The home also boasts ample living space that can accommodate a growing family or provide room for guests. This home is ideal for families, offering two spacious bedrooms with one conveniently located downstairs that can serve as a private mother-in-law suite or guest space. Outside, the property offers plenty of parking with a convenient driveway, ensuring ease and accessibility for multiple vehicles. The lot size is approximately 6,600 square feet, providing a nice outdoor area for relaxation or gardening. This residence combines classic appeal with contemporary upgrades, making it move-in ready and ideal for buyers seeking both space and modern conveniences in Arabi. The overall ambiance is welcoming and well-maintained, highlighting the attention to detail in the recent renovations and enhancements. This home is filled with an abundance of natural light, creating a warm and inviting atmosphere throughout. This home at 300 Chinchilla Drive is perfect for those looking for a stylish, spacious, and functional family home with modern amenities and plenty of parking. Differential settlement report is available upon request. https://vimeo.com/1126302166/d9fc6d9bcb

17. 2026-02-02
    price $299,000

    Show marketing remark (1756 chars)

    PRICE IMPROVEMENT! Seller offering $5,000 credit toward buyer's closing costs. This spacious and charming home offers a perfect blend of comfort and modern living with its 4 bedrooms and 3 bathrooms. This home was beautifully updated this year with all-new appliances that come with warranties, making it a smart and worry-free buy! interior has been thoughtfully updated, featuring new appliances and stylish finishes throughout. The kitchen is a standout with top-of-the-line appliances and new features, making it a chef's dream for preparing meals and entertaining guests. The home also boasts ample living space that can accommodate a growing family or provide room for guests. This home is ideal for families, offering two spacious bedrooms with one conveniently located downstairs that can serve as a private mother-in-law suite or guest space. Outside, the property offers plenty of parking with a convenient driveway, ensuring ease and accessibility for multiple vehicles. The lot size is approximately 6,600 square feet, providing a nice outdoor area for relaxation or gardening. This residence combines classic appeal with contemporary upgrades, making it move-in ready and ideal for buyers seeking both space and modern conveniences in Arabi. The overall ambiance is welcoming and well-maintained, highlighting the attention to detail in the recent renovations and enhancements. This home is filled with an abundance of natural light, creating a warm and inviting atmosphere throughout. This home at 300 Chinchilla Drive is perfect for those looking for a stylish, spacious, and functional family home with modern amenities and plenty of parking. Differential settlement report is available upon request. https://vimeo.com/1126302166/d9fc6d9bcb

18. 2025-12-30
    price $319,000 1756-char remark

    Show marketing remark (1756 chars)

    PRICE IMPROVEMENT! Seller offering $5,000 credit toward buyer's closing costs. This spacious and charming home offers a perfect blend of comfort and modern living with its 4 bedrooms and 3 bathrooms. This home was beautifully updated this year with all-new appliances that come with warranties, making it a smart and worry-free buy! interior has been thoughtfully updated, featuring new appliances and stylish finishes throughout. The kitchen is a standout with top-of-the-line appliances and new features, making it a chef's dream for preparing meals and entertaining guests. The home also boasts ample living space that can accommodate a growing family or provide room for guests. This home is ideal for families, offering two spacious bedrooms with one conveniently located downstairs that can serve as a private mother-in-law suite or guest space. Outside, the property offers plenty of parking with a convenient driveway, ensuring ease and accessibility for multiple vehicles. The lot size is approximately 6,600 square feet, providing a nice outdoor area for relaxation or gardening. This residence combines classic appeal with contemporary upgrades, making it move-in ready and ideal for buyers seeking both space and modern conveniences in Arabi. The overall ambiance is welcoming and well-maintained, highlighting the attention to detail in the recent renovations and enhancements. This home is filled with an abundance of natural light, creating a warm and inviting atmosphere throughout. This home at 300 Chinchilla Drive is perfect for those looking for a stylish, spacious, and functional family home with modern amenities and plenty of parking. Differential settlement report is available upon request. https://vimeo.com/1126302166/d9fc6d9bcb

19. 2025-12-30
    price $319,000

    Show marketing remark (1756 chars)

    PRICE IMPROVEMENT! Seller offering $5,000 credit toward buyer's closing costs. This spacious and charming home offers a perfect blend of comfort and modern living with its 4 bedrooms and 3 bathrooms. This home was beautifully updated this year with all-new appliances that come with warranties, making it a smart and worry-free buy! interior has been thoughtfully updated, featuring new appliances and stylish finishes throughout. The kitchen is a standout with top-of-the-line appliances and new features, making it a chef's dream for preparing meals and entertaining guests. The home also boasts ample living space that can accommodate a growing family or provide room for guests. This home is ideal for families, offering two spacious bedrooms with one conveniently located downstairs that can serve as a private mother-in-law suite or guest space. Outside, the property offers plenty of parking with a convenient driveway, ensuring ease and accessibility for multiple vehicles. The lot size is approximately 6,600 square feet, providing a nice outdoor area for relaxation or gardening. This residence combines classic appeal with contemporary upgrades, making it move-in ready and ideal for buyers seeking both space and modern conveniences in Arabi. The overall ambiance is welcoming and well-maintained, highlighting the attention to detail in the recent renovations and enhancements. This home is filled with an abundance of natural light, creating a warm and inviting atmosphere throughout. This home at 300 Chinchilla Drive is perfect for those looking for a stylish, spacious, and functional family home with modern amenities and plenty of parking. Differential settlement report is available upon request. https://vimeo.com/1126302166/d9fc6d9bcb

20. 2025-11-24
    price $329,000 1756-char remark

    Show marketing remark (1756 chars)

    PRICE IMPROVEMENT! Seller offering $5,000 credit toward buyer's closing costs. This spacious and charming home offers a perfect blend of comfort and modern living with its 4 bedrooms and 3 bathrooms. This home was beautifully updated this year with all-new appliances that come with warranties, making it a smart and worry-free buy! interior has been thoughtfully updated, featuring new appliances and stylish finishes throughout. The kitchen is a standout with top-of-the-line appliances and new features, making it a chef's dream for preparing meals and entertaining guests. The home also boasts ample living space that can accommodate a growing family or provide room for guests. This home is ideal for families, offering two spacious bedrooms with one conveniently located downstairs that can serve as a private mother-in-law suite or guest space. Outside, the property offers plenty of parking with a convenient driveway, ensuring ease and accessibility for multiple vehicles. The lot size is approximately 6,600 square feet, providing a nice outdoor area for relaxation or gardening. This residence combines classic appeal with contemporary upgrades, making it move-in ready and ideal for buyers seeking both space and modern conveniences in Arabi. The overall ambiance is welcoming and well-maintained, highlighting the attention to detail in the recent renovations and enhancements. This home is filled with an abundance of natural light, creating a warm and inviting atmosphere throughout. This home at 300 Chinchilla Drive is perfect for those looking for a stylish, spacious, and functional family home with modern amenities and plenty of parking. Differential settlement report is available upon request. https://vimeo.com/1126302166/d9fc6d9bcb

21. 2025-11-18
    price $329,000
22. 2025-10-30
    price $339,000 1756-char remark

    Show marketing remark (1756 chars)

    PRICE IMPROVEMENT! Seller offering $5,000 credit toward buyer's closing costs. This spacious and charming home offers a perfect blend of comfort and modern living with its 4 bedrooms and 3 bathrooms. This home was beautifully updated this year with all-new appliances that come with warranties, making it a smart and worry-free buy! interior has been thoughtfully updated, featuring new appliances and stylish finishes throughout. The kitchen is a standout with top-of-the-line appliances and new features, making it a chef's dream for preparing meals and entertaining guests. The home also boasts ample living space that can accommodate a growing family or provide room for guests. This home is ideal for families, offering two spacious bedrooms with one conveniently located downstairs that can serve as a private mother-in-law suite or guest space. Outside, the property offers plenty of parking with a convenient driveway, ensuring ease and accessibility for multiple vehicles. The lot size is approximately 6,600 square feet, providing a nice outdoor area for relaxation or gardening. This residence combines classic appeal with contemporary upgrades, making it move-in ready and ideal for buyers seeking both space and modern conveniences in Arabi. The overall ambiance is welcoming and well-maintained, highlighting the attention to detail in the recent renovations and enhancements. This home is filled with an abundance of natural light, creating a warm and inviting atmosphere throughout. This home at 300 Chinchilla Drive is perfect for those looking for a stylish, spacious, and functional family home with modern amenities and plenty of parking. Differential settlement report is available upon request. https://vimeo.com/1126302166/d9fc6d9bcb

23. 2025-10-30
    price $339,000

    Show marketing remark (1756 chars)

    PRICE IMPROVEMENT! Seller offering $5,000 credit toward buyer's closing costs. This spacious and charming home offers a perfect blend of comfort and modern living with its 4 bedrooms and 3 bathrooms. This home was beautifully updated this year with all-new appliances that come with warranties, making it a smart and worry-free buy! interior has been thoughtfully updated, featuring new appliances and stylish finishes throughout. The kitchen is a standout with top-of-the-line appliances and new features, making it a chef's dream for preparing meals and entertaining guests. The home also boasts ample living space that can accommodate a growing family or provide room for guests. This home is ideal for families, offering two spacious bedrooms with one conveniently located downstairs that can serve as a private mother-in-law suite or guest space. Outside, the property offers plenty of parking with a convenient driveway, ensuring ease and accessibility for multiple vehicles. The lot size is approximately 6,600 square feet, providing a nice outdoor area for relaxation or gardening. This residence combines classic appeal with contemporary upgrades, making it move-in ready and ideal for buyers seeking both space and modern conveniences in Arabi. The overall ambiance is welcoming and well-maintained, highlighting the attention to detail in the recent renovations and enhancements. This home is filled with an abundance of natural light, creating a warm and inviting atmosphere throughout. This home at 300 Chinchilla Drive is perfect for those looking for a stylish, spacious, and functional family home with modern amenities and plenty of parking. Differential settlement report is available upon request. https://vimeo.com/1126302166/d9fc6d9bcb

24. 2025-10-10
    listed $349,000 Active 1756-char remark

    Show marketing remark (1756 chars)

    PRICE IMPROVEMENT! Seller offering $5,000 credit toward buyer's closing costs. This spacious and charming home offers a perfect blend of comfort and modern living with its 4 bedrooms and 3 bathrooms. This home was beautifully updated this year with all-new appliances that come with warranties, making it a smart and worry-free buy! interior has been thoughtfully updated, featuring new appliances and stylish finishes throughout. The kitchen is a standout with top-of-the-line appliances and new features, making it a chef's dream for preparing meals and entertaining guests. The home also boasts ample living space that can accommodate a growing family or provide room for guests. This home is ideal for families, offering two spacious bedrooms with one conveniently located downstairs that can serve as a private mother-in-law suite or guest space. Outside, the property offers plenty of parking with a convenient driveway, ensuring ease and accessibility for multiple vehicles. The lot size is approximately 6,600 square feet, providing a nice outdoor area for relaxation or gardening. This residence combines classic appeal with contemporary upgrades, making it move-in ready and ideal for buyers seeking both space and modern conveniences in Arabi. The overall ambiance is welcoming and well-maintained, highlighting the attention to detail in the recent renovations and enhancements. This home is filled with an abundance of natural light, creating a warm and inviting atmosphere throughout. This home at 300 Chinchilla Drive is perfect for those looking for a stylish, spacious, and functional family home with modern amenities and plenty of parking. Differential settlement report is available upon request. https://vimeo.com/1126302166/d9fc6d9bcb

25. 2025-10-10
    listed $349,000 Active

    Show marketing remark (1756 chars)

    PRICE IMPROVEMENT! Seller offering $5,000 credit toward buyer's closing costs. This spacious and charming home offers a perfect blend of comfort and modern living with its 4 bedrooms and 3 bathrooms. This home was beautifully updated this year with all-new appliances that come with warranties, making it a smart and worry-free buy! interior has been thoughtfully updated, featuring new appliances and stylish finishes throughout. The kitchen is a standout with top-of-the-line appliances and new features, making it a chef's dream for preparing meals and entertaining guests. The home also boasts ample living space that can accommodate a growing family or provide room for guests. This home is ideal for families, offering two spacious bedrooms with one conveniently located downstairs that can serve as a private mother-in-law suite or guest space. Outside, the property offers plenty of parking with a convenient driveway, ensuring ease and accessibility for multiple vehicles. The lot size is approximately 6,600 square feet, providing a nice outdoor area for relaxation or gardening. This residence combines classic appeal with contemporary upgrades, making it move-in ready and ideal for buyers seeking both space and modern conveniences in Arabi. The overall ambiance is welcoming and well-maintained, highlighting the attention to detail in the recent renovations and enhancements. This home is filled with an abundance of natural light, creating a warm and inviting atmosphere throughout. This home at 300 Chinchilla Drive is perfect for those looking for a stylish, spacious, and functional family home with modern amenities and plenty of parking. Differential settlement report is available upon request. https://vimeo.com/1126302166/d9fc6d9bcb

26. 2024-03-05
    soldstatus $68,000
27. 2013-05-13
    soldstatus $50,000
28. 2013-04-24
    soldstatus $50,000 184-char remark

    Show marketing remark (184 chars)

    Plenty of living area, 5 bedrooms and 3 baths. Ideal candidate for an FHA 203K loan. Renovations have been started but kitchen & bathrooms need to be installed. Large corner lot,

29. 2012-12-28
    listed $59,900 184-char remark

    Show marketing remark (184 chars)

    Plenty of living area, 5 bedrooms and 3 baths. Ideal candidate for an FHA 203K loan. Renovations have been started but kitchen & bathrooms need to be installed. Large corner lot,

30. 2012-12-28
    listed $59,900

    Show marketing remark (184 chars)

    Plenty of living area, 5 bedrooms and 3 baths. Ideal candidate for an FHA 203K loan. Renovations have been started but kitchen & bathrooms need to be installed. Large corner lot,

ⓘ 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: $2,365 · $197/mo
• Projected year-2 tax: $2,365 · $197/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 (shaded) · 73% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥108°F today · 21 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $30,000
• − Mortgage interest: −$16,749
• − Property taxes: −$2,365
• − Insurance: −$2,292
• − Repairs & maintenance: −$2,400
• − Management: −$2,400
• − Depreciation: −$8,698
• Taxable loss: −$4,904
• Est. tax savings @ 24.0%: +$1,177
• After-tax cash flow: $1,404/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)

No district data.

Livability — Arabi

• Score: 71/100
• State rank: #45
• US rank: #6891

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Arabi, LA
• City population: 4,436
• Population (ZIP): 4,436

Population outlook (St. Bernard County) Hauer SSP2

• Today (2025): 66,513 people
• By 2030: 77,768 · +16.9%
• By 2040: 101,296 · +52.3%
• By 2050: 125,770 · +89.1%
• By 2075: 188,160 · +182.9%
• By 2100: 239,339 · +259.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.59)
• Race & ethnicity: White 60% Black 18% Hispanic / Latino 14% Two or more races 10% Asian 4%
• Hispanic origin (detail): Mexican 1%
• Common ancestry: Lithuanian 13% Serbian 1% Italian 1%
• Foreign-born: 9% · Canada, Vietnam
• Languages at home: 86% English-only · Spanish 4% Other Indo-European 3% Arabic 2%

Political lean MEDSL · St. Bernard

• 2024 margin: Strong R (+29.3) · D 34.5% · R 63.8% · Other 1.7%
• 2008→2024 swing: +16.1pp toward D · 2008: -45.4pp · 2024: -29.3pp
• All cycles: 2024: R+29.3 2020: R+28.5 2016: R+33.4 2012: R+24.7 2008: R+45.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -121.18%
• Current HPI: 224.6827
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 3.29%
• F500 in state: 10

Industry mix (Fortune 500 HQ in LA)

Industry	F500 HQs	Revenue
▸Telecommunications	2	$23B
▸Utilities	1	$12B
▸Wholesale / Distribution	1	$5B
▸Advertising	1	$2B

Price history

+399.2% since first listed

17 events — show timeline

• 2026-04-10 Pending — AcadianaMLS
• 2026-04-10 Contingent — GSREIN
• 2026-02-02 Price Changed $299,000 AcadianaMLS
• 2026-02-02 Price Changed $299,000 GSREIN
• 2025-12-30 Price Changed $319,000 AcadianaMLS
• 2025-12-30 Price Changed $319,000 GSREIN
• 2025-11-24 Price Changed $329,000 AcadianaMLS
• 2025-11-18 Price Changed $329,000 GSREIN
• 2025-10-30 Price Changed $339,000 AcadianaMLS
• 2025-10-30 Price Changed $339,000 GSREIN
• 2025-10-10 Listed $349,000 GSREIN
• 2025-10-10 Listed $349,000 AcadianaMLS
• 2024-03-05 Sold (Public Records) $68,000 Public Records
• 2013-05-13 Sold (Public Records) $50,000 Public Records
• 2013-04-24 Sold (MLS) $50,000 GSREIN
• 2012-12-28 Listed $59,900 AcadianaMLS
• 2012-12-28 Listed $59,900 GSREIN

Property tax history

+11.0%/yr

Latest (2025): $2,365 · +114.1% YoY. Source: county tax records.