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1710 12 Abundance St Duplex
B+ Composite 75.58
Why this score? — see what drove the B+ 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 +30.0/30.0
  • ARV discount +15.0/15.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Livability +4.0/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Schools +1.6/10.0
  • Appreciation +0.0/10.0

$160,000

1710 12 Abundance St · New Orleans, LA 70119
4 bd · 2.0 ba · 1,560 sqft · MultiFamily public records · 74 Days on market
Built 1940 $103/sqft · 32% below area Est $234k · 32% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 2 units. confirmed

Listing remarks MLS

DON'T PASS THIS PROPERTY BY WITHOUT SEEING IT. Investment opportunity in the St. Leo neighborhood-7th Ward. This duplex features 4 bedrooms, 2 bathrooms, private adequate spacious backyard for entertainment and a separate storage shed for each unit. A/C window units each side. With some renovations, this is the perfect opportunity for INVESTORS or HOMEOWNERS looking for RENTAL INCOME ASSISTANCE. Alarm System for the 1710 unit. SEPARATE INSIDE LAUNDRY ROOM FOR EACH UNIT. WINDOW AWNINGS EACH SIDE. CONCRETE FRONT PORCH WITH RAILINGS ON EACH SIDE. ALSO ADEQUATE SIZE BACK CONCRETE PORCH EACH SIDE. THIS PROPERTY BEING SOLD "AS IS" WITH WAIVER OF REDIBITION.

Key facts

  • Concrete front porch
  • 3 parking spots
  • Built 1940

Tags

SEPARATE STORAGE SHEDSEPARATE INSIDE LAUNDRY ROOMWINDOW AWNINGS EACH SIDECONCRETE FRONT PORCH

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 2 × 2-bed/1.0-bath units multifamily listed at $160k.

Deal economics

  • At list price, monthly cash flow is $1k ($17k/yr) — positive. Per door: $709/mo.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($3k rent vs $160k).
  • Recommended offer: $150k (6.0% below list) — sets the bar for market timing.
  • Cap rate 17.4% vs local median 4.4% in New Orleans — 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 81/100 on livability (#3 in LA, #1,383 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, health & safety A+; Watch: crime C-, employment D.
  • Orleans Parish (urban): math 11% / reading 27% proficiency, ranked #69 of 98 in LA (top 70%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 68% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: Rents soft (-0.2%/yr); 381 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); 710 units permitted in Orleans Parish in 2024 (244 in 5+ unit buildings).
  • At $3,127/mo this rent would consume 71% of the median local household income ($53k/yr) (locally 3381% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
  • Orleans County population projected at +61% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (-3.0% appreciation + 0.0% rent growth), your $45k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 74 days — a 6% lower offer ($150k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts; this cycle's ask has dropped $40k (20%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $48k; list at $160k implies a 233% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: flood insurance adds $66/mo; built in 1940 — 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→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $150,400 (6.0% below list)

Questions for the listing agent

  1. It's been on market 74 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
  2. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
  3. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
  4. Built in 1940 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  5. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
  6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  8. 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.
  9. 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.
  10. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

1% rule
1.95%
Cap rate
17.43%
Cash-on-cash
39.78%
DSCR
2.77
GRM
4.3

CMA / ARV

ARV (median comp)
$234,373
List price
$160,000
Delta
-31.73%
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
2714 16 New Orleans St 0.25mi 4/2.0 1,623 (+4%) 4mo $230,000 $142 79
1737 39 Duels St 0.19mi 4/2.0 1,692 (+8%) 2mo $200,000 $118 75
2816 18 Republic St 0.10mi 4/2.0 1,700 (+9%) 9mo $200,000 $118 73
2520 22 D'abadie St 0.54mi 4/2.0 1,632 (+5%) 3mo $278,600 $171 65
2657 59 Bruxelles St 0.23mi 5/3.0 (+1) 1,580 (+1%) 16mo $278,250 $176 65
1938-1940 Industry St 0.35mi 4/2.0 1,620 (+4%) 16mo $264,000 $163 64
3221 23 Belfort Ave 0.51mi 4/2.0 1,610 (+3%) 12mo $354,000 $220 60
2835-37 Maurepas St 0.70mi 4/2.0 1,464 (-6%) 1mo $311,000 $212 56
1917-19 N Dorgenois St 0.39mi 4/2.0 1,775 (+14%) 7mo $150,000 $85 53
2883 85 Annette St 0.37mi 4/2.0 1,726 (+11%) 17mo $215,000 $125 51
3962-64 Pauger St 0.61mi 4/2.0 1,740 (+12%) 9mo $265,000 $152 45
2717-19 Dabadie St 0.51mi 4/4.0 1,694 (+9%) 17mo $445,000 $263 40

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold
IRR
30.7%
Equity multiple
2.23×
Total profit
$55,278
Equity at exit
$23,857
10-year hold
IRR
36.2%
Equity multiple
3.88×
Total profit
$129,122
Equity at exit
$13,834

Cash invested: $44,800 (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 70119

Home prices YoY
-34.8%
Rents YoY
-0.2%
Active inventory
381
Price-to-rent
8.5×

Monthly cashflow live

Estimated rent
$3,127 high interval (Pro) →
Mortgage (P&I)
$839
Tax from tax record
$80 /mo · $954/yr
Insurance
$67
Flood insurance flood zone
−$66 /mo · $798/yr
HOA
$0
Vacancy / Maint / Mgmt
$657
Net cashflow
$1,419

Break-even live

Break-even rent $1,331
Max offer price $160,000
Occupancy floor 50%

2-unit breakdown (identical units grouped — click to expand)

UnitsBedsBathsEst. rent
Total (2 units) $3,127

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
$40,000
Closing costs
$4,800
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
3021 Republic St New Orleans, LA 4.0 2.0 1125 $2,200 $1.96 23d 1 0.05mi
2910 Bruxelles St New Orleans, LA 3.0 2.0 1074 $1,600 $1.49 3d 1 0.11mi
2310 George Nick Connor Dr New Orleans, LA 3.0 2.0 1050 $1,600 $1.52 23d 1 0.28mi
1901 Gentilly Blvd New Orleans, LA 3.0 2.5 2205 $4,000 $1.81 43d 1 0.34mi
2338 40 Annette St New Orleans, LA 3.0 1.0 1150 $1,385 $1.20 20d 1 0.34mi
1933 Industry St New Orleans, LA 3.0 2.0 1400 $1,595 $1.14 15d 1 0.35mi
1818 Paul Morphy St Unit B New Orleans, LA 3.0 2.0 1065 $1,800 $1.69 23d 1 0.36mi
2817 Annette St New Orleans, LA 3.0 1.0 1100 $1,350 $1.23 23d 1 0.39mi
3607 Havana St New Orleans, LA 3.0 2.0 1693 $1,488 $0.88 16d 1 0.45mi
3624 Havana St New Orleans, LA 3.0 1.0 1388 $1,875 $1.35 15d 1 0.47mi
3515 Saint Anthony Ave New Orleans, LA 3.0 2.0 1366 $2,500 $1.83 23d 1 0.58mi
2338 Annette St Unit 1 New Orleans, LA 3.0 1.0 1150 $1,400 $1.22 19d 1 0.59mi
3228 Pauger St New Orleans, LA 5.0 2.0 1600 $2,100 $1.31 23d 1 0.60mi
1735 N Tonti St New Orleans, LA 3.0 1.0 1197 $1,650 $1.38 23d 1 0.60mi
1831 N Miro St New Orleans, LA 3.0 2.0 1882 $2,500 $1.33 43d 1 0.63mi
2152 Abundance St Unit 2152 New Orleans, LA 3.0 2.0 1100 $1,599 $1.45 3d 1 0.64mi
3702 Trafalgar St New Orleans, LA 3.0 2.0 1428 $2,350 $1.65 15d 1 0.72mi
2920 Pauger St New Orleans, LA 4.0 2.0 1882 $1,995 $1.06 23d 1 0.75mi
3327 Elysian Fields Ave New Orleans, LA 3.0 1.0 1200 $1,300 $1.08 23d 1 0.77mi
1525 N Broad St New Orleans, LA 3.0 1.0 1100 $1,600 $1.45 23d 1 0.77mi
2329 Laharpe St New Orleans, LA 3.0 1.0 1250 $1,000 $0.80 19d 1 0.81mi
1466 N White St New Orleans, LA 3.0 1.5 1500 $2,250 $1.50 3d 1 0.84mi
2331 Columbus St New Orleans, LA 3.0 1.0 1976 $1,850 $0.94 23d 1 0.87mi
1938 N Johnson St Unit 38 New Orleans, LA 3.0 2.0 1844 $2,400 $1.30 23d 1 0.88mi
1936 N Johnson St Unit 36 New Orleans, LA 3.0 2.0 1844 $2,400 $1.30 23d 1 0.88mi
2664 Lepage St New Orleans, LA 3.0 2.0 1750 $2,725 $1.56 43d 1 0.88mi
4111 Jumonville St New Orleans, LA 3.0 2.5 1543 $2,300 $1.49 10d 1 0.91mi
1486 Mandolin St New Orleans, LA 3.0 2.0 1497 $1,900 $1.27 3d 1 0.96mi
3907 Elysian Fields Ave New Orleans, LA 3.0 2.0 1652 $3,000 $1.82 23d 1 0.98mi
2115 Elysian Fields Ave Unit 2115 New Orleans, LA 3.0 1.0 1100 $1,450 $1.32 23d 1 0.98mi
2107 Elysian Fields Ave New Orleans, LA 4.0 2.0 1794 $1,650 $0.92 3d 1 0.99mi
1837 Touro St New Orleans, LA 3.0 1.0 1994 $2,000 $1.00 23d 1 1.01mi
3540 Clermont Dr New Orleans, LA 3.0 2.0 1248 $1,975 $1.58 23d 1 1.06mi
4229 Buchanan St New Orleans, LA 3.0 2.0 1235 $2,250 $1.82 23d 1 1.07mi
2115 Mandeville St New Orleans, LA 3.0 2.0 1400 $1,650 $1.18 23d 1 1.09mi
2220 N Prieur St New Orleans, LA 3.0 2.0 1334 $2,000 $1.50 23d 1 1.13mi
3443 Esplanade Ave New Orleans, LA 3.0 1.0–2.0 997 $2,500 $2.51 2d 30 1.13mi
2517 Ursulines Ave New Orleans, LA 3.0 2.0 1136 $1,950 $1.72 23d 1 1.16mi
2731 Saint Philip St Unit 2733 New Orleans, LA 4.0 2.0 2000 $2,600 $1.30 23d 1 1.20mi
1472 N Claiborne Ave New Orleans, LA 3.0 1.0 1312 $1,900 $1.45 15d 1 1.21mi

Listing history 9 events

  1. 2026-05-04
    status Pending 669-char remark
    Show marketing remark (669 chars)

    DON'T PASS THIS PROPERTY BY WITHOUT SEEING IT. Investment opportunity in the St. Leo neighborhood-7th Ward. This duplex features 4 bedrooms, 2 bathrooms, private adequate spacious backyard for entertainment and a separate storage shed for each unit. A/C window units each side. With some renovations, this is the perfect opportunity for INVESTORS or HOMEOWNERS looking for RENTAL INCOME ASSISTANCE. Alarm System for the 1710 unit. SEPARATE INSIDE LAUNDRY ROOM FOR EACH UNIT. WINDOW AWNINGS EACH SIDE. CONCRETE FRONT PORCH WITH RAILINGS ON EACH SIDE. ALSO ADEQUATE SIZE BACK CONCRETE PORCH EACH SIDE. THIS PROPERTY BEING SOLD "AS IS" WITH WAIVER OF REDIBITION.

  2. 2026-05-04
    status Pending 669-char remark
    Show marketing remark (669 chars)

    DON'T PASS THIS PROPERTY BY WITHOUT SEEING IT. Investment opportunity in the St. Leo neighborhood-7th Ward. This duplex features 4 bedrooms, 2 bathrooms, private adequate spacious backyard for entertainment and a separate storage shed for each unit. A/C window units each side. With some renovations, this is the perfect opportunity for INVESTORS or HOMEOWNERS looking for RENTAL INCOME ASSISTANCE. Alarm System for the 1710 unit. SEPARATE INSIDE LAUNDRY ROOM FOR EACH UNIT. WINDOW AWNINGS EACH SIDE. CONCRETE FRONT PORCH WITH RAILINGS ON EACH SIDE. ALSO ADEQUATE SIZE BACK CONCRETE PORCH EACH SIDE. THIS PROPERTY BEING SOLD "AS IS" WITH WAIVER OF REDIBITION.

  3. 2026-04-11
    price $160,000 669-char remark
    Show marketing remark (669 chars)

    DON'T PASS THIS PROPERTY BY WITHOUT SEEING IT. Investment opportunity in the St. Leo neighborhood-7th Ward. This duplex features 4 bedrooms, 2 bathrooms, private adequate spacious backyard for entertainment and a separate storage shed for each unit. A/C window units each side. With some renovations, this is the perfect opportunity for INVESTORS or HOMEOWNERS looking for RENTAL INCOME ASSISTANCE. Alarm System for the 1710 unit. SEPARATE INSIDE LAUNDRY ROOM FOR EACH UNIT. WINDOW AWNINGS EACH SIDE. CONCRETE FRONT PORCH WITH RAILINGS ON EACH SIDE. ALSO ADEQUATE SIZE BACK CONCRETE PORCH EACH SIDE. THIS PROPERTY BEING SOLD "AS IS" WITH WAIVER OF REDIBITION.

  4. 2026-04-11
    price $160,000 669-char remark
    Show marketing remark (669 chars)

    DON'T PASS THIS PROPERTY BY WITHOUT SEEING IT. Investment opportunity in the St. Leo neighborhood-7th Ward. This duplex features 4 bedrooms, 2 bathrooms, private adequate spacious backyard for entertainment and a separate storage shed for each unit. A/C window units each side. With some renovations, this is the perfect opportunity for INVESTORS or HOMEOWNERS looking for RENTAL INCOME ASSISTANCE. Alarm System for the 1710 unit. SEPARATE INSIDE LAUNDRY ROOM FOR EACH UNIT. WINDOW AWNINGS EACH SIDE. CONCRETE FRONT PORCH WITH RAILINGS ON EACH SIDE. ALSO ADEQUATE SIZE BACK CONCRETE PORCH EACH SIDE. THIS PROPERTY BEING SOLD "AS IS" WITH WAIVER OF REDIBITION.

  5. 2026-03-28
    price $175,000 669-char remark
    Show marketing remark (669 chars)

    DON'T PASS THIS PROPERTY BY WITHOUT SEEING IT. Investment opportunity in the St. Leo neighborhood-7th Ward. This duplex features 4 bedrooms, 2 bathrooms, private adequate spacious backyard for entertainment and a separate storage shed for each unit. A/C window units each side. With some renovations, this is the perfect opportunity for INVESTORS or HOMEOWNERS looking for RENTAL INCOME ASSISTANCE. Alarm System for the 1710 unit. SEPARATE INSIDE LAUNDRY ROOM FOR EACH UNIT. WINDOW AWNINGS EACH SIDE. CONCRETE FRONT PORCH WITH RAILINGS ON EACH SIDE. ALSO ADEQUATE SIZE BACK CONCRETE PORCH EACH SIDE. THIS PROPERTY BEING SOLD "AS IS" WITH WAIVER OF REDIBITION.

  6. 2026-03-28
    price $175,000 669-char remark
    Show marketing remark (669 chars)

    DON'T PASS THIS PROPERTY BY WITHOUT SEEING IT. Investment opportunity in the St. Leo neighborhood-7th Ward. This duplex features 4 bedrooms, 2 bathrooms, private adequate spacious backyard for entertainment and a separate storage shed for each unit. A/C window units each side. With some renovations, this is the perfect opportunity for INVESTORS or HOMEOWNERS looking for RENTAL INCOME ASSISTANCE. Alarm System for the 1710 unit. SEPARATE INSIDE LAUNDRY ROOM FOR EACH UNIT. WINDOW AWNINGS EACH SIDE. CONCRETE FRONT PORCH WITH RAILINGS ON EACH SIDE. ALSO ADEQUATE SIZE BACK CONCRETE PORCH EACH SIDE. THIS PROPERTY BEING SOLD "AS IS" WITH WAIVER OF REDIBITION.

  7. 2026-02-19
    listed $200,000 Active 669-char remark
    Show marketing remark (669 chars)

    DON'T PASS THIS PROPERTY BY WITHOUT SEEING IT. Investment opportunity in the St. Leo neighborhood-7th Ward. This duplex features 4 bedrooms, 2 bathrooms, private adequate spacious backyard for entertainment and a separate storage shed for each unit. A/C window units each side. With some renovations, this is the perfect opportunity for INVESTORS or HOMEOWNERS looking for RENTAL INCOME ASSISTANCE. Alarm System for the 1710 unit. SEPARATE INSIDE LAUNDRY ROOM FOR EACH UNIT. WINDOW AWNINGS EACH SIDE. CONCRETE FRONT PORCH WITH RAILINGS ON EACH SIDE. ALSO ADEQUATE SIZE BACK CONCRETE PORCH EACH SIDE. THIS PROPERTY BEING SOLD "AS IS" WITH WAIVER OF REDIBITION.

  8. 2026-02-19
    listed $200,000 Active 669-char remark
    Show marketing remark (669 chars)

    DON'T PASS THIS PROPERTY BY WITHOUT SEEING IT. Investment opportunity in the St. Leo neighborhood-7th Ward. This duplex features 4 bedrooms, 2 bathrooms, private adequate spacious backyard for entertainment and a separate storage shed for each unit. A/C window units each side. With some renovations, this is the perfect opportunity for INVESTORS or HOMEOWNERS looking for RENTAL INCOME ASSISTANCE. Alarm System for the 1710 unit. SEPARATE INSIDE LAUNDRY ROOM FOR EACH UNIT. WINDOW AWNINGS EACH SIDE. CONCRETE FRONT PORCH WITH RAILINGS ON EACH SIDE. ALSO ADEQUATE SIZE BACK CONCRETE PORCH EACH SIDE. THIS PROPERTY BEING SOLD "AS IS" WITH WAIVER OF REDIBITION.

  9. 1989-09-29
    soldstatus $48,000

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

Tax reassessment forecast LA · Resets to sale price

Current annual tax
$954 · $80/mo
Projected year-2 tax
$954 · $80/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) · 60% 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 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

Loading nearby amenities…

Taxation est. · year 1

Rental income
$37,524
− Mortgage interest
−$8,962
− Property taxes
−$954
− Insurance
−$1,598
− Repairs & maintenance
−$3,002
− Management
−$3,002
− Depreciation
−$4,655
Taxable income
$15,352
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$3,684
After-tax cash flow
$13,339/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
Orleans Parish
NCES district ID
2201170
Math proficiency
11% ▼ -52.00%
Reading proficiency
27% ▼ -46.00%
Median HH income
$37,011
Composite
15.78/100
National rank
#9271
State rank
#69 of 98 in LA

Livability — New Orleans

Score
81/100
State rank
#3
US rank
#1383

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
New Orleans, LA
County
Orleans Parish · 338,817 people
City population
338,817
Metro
New Orleans-Metairie, LA
Population (ZIP)
37,253
Household income
$53,143
Rent vs Own
62.8% rent · 37.2% own
Severe rent burden
3381.0

Population outlook (Orleans County) Hauer SSP2

Today (2025)
513,025 people
By 2030
575,781 · +12.2%
By 2040
700,174 · +36.5%
By 2050
826,541 · +61.1%
By 2075
1,123,374 · +119.0%
By 2100
1,355,609 · +164.2%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.64)
Race & ethnicity
Black 44% White 40% Two or more races 10% Hispanic / Latino 9% Asian 1%
Hispanic origin (detail)
Mexican 2%
Common ancestry
Lithuanian 8% Slovak 2% Romanian 1%
Foreign-born
6% · Canada, Jamaica
Languages at home
91% English-only · Spanish 6% French/Haitian/Cajun 1% Other Indo-European 0%

Political lean MEDSL · Orleans

2024 margin
Solid D (+67.0) · D 82.2% · R 15.2% · Other 2.7%
2008→2024 swing
+6.7pp toward D · 2008: 60.3pp · 2024: 67.0pp
All cycles
2024: D+67.0 2020: D+68.2 2016: D+66.2 2012: D+62.5 2008: D+60.3

Not yet ingested

Civics

Market trends

HPI YoY
▼ -135.38%
Current HPI
253.1929
Rent YoY
▼ -0.20%
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

+233.3% since first listed
9 events — show timeline
  • 2026-05-04 Pending AcadianaMLS
  • 2026-05-04 Pending GSREIN
  • 2026-04-11 Price Changed $160,000 AcadianaMLS
  • 2026-04-11 Price Changed $160,000 GSREIN
  • 2026-03-28 Price Changed $175,000 AcadianaMLS
  • 2026-03-28 Price Changed $175,000 GSREIN
  • 2026-02-19 Listed $200,000 GSREIN
  • 2026-02-19 Listed $200,000 AcadianaMLS
  • 1989-09-29 Sold (Public Records) $48,000 Public Records

Property tax history

-0.8%/yr

Latest (2026): $954 · +1.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…