1530 Rousselin Dr · New Orleans, LA
Flood risk 8/10 · Major
- FEMA flood zone
- X (shaded)
- 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
- 21 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 D+ grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- ARV discount +14.2/15.0
- Cash flow +13.7/30.0
- DSCR +4.1/10.0
- Livability +4.0/5.0
- 1% rule +3.0/10.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
- Schools +1.6/10.0
- Appreciation +0.0/10.0
$169,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
***Bond for Deed Terms: Down Payment: 10% due at closing, Interest Rate: 5%, Amortization: 30 years Additional Principal Payment: 10% due at year 2 Balloon Payment: Remaining balance due at year 5***. Charming shotgun cottage offering an excellent opportunity for an owner-occupant or investor in a convenient New Orleans location. This 1-bedroom, 1-bath single-family home offers approximately 634 living square feet on a 20' x 60' lot and features a functional layout with no carpet and a recently replaced roof. Conveniently located with convenient access to Mid-City, downtown, and the Fair Grounds/Jazz Fest area, plus nearby restaurants, parks, and neighborhood amenities. Owner financing available.
Key facts
- Access to mid-city
- Access to downtown
- No carpet
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 1-bed/1.0-bath single-family listed at $170k.
Deal economics
- At list price, monthly cash flow is $-53 ($-638/yr) — negative.
- To cash-flow at today's rent, offer at most $161k (5.5% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $135k (20.3% below list).
- Recommended offer: $135k (20.3% below list) — sets the bar for 1% rule.
- Cap rate 6.4% 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.
- Zoned schools: Benjamin Franklin Elem. Math And Science (math 12% / reading 23%, grade F, #479 of 646 statewide, top 75%, 747 students, 98% FRL, charter) — zoned schools average 98% FRL vs 68% district-wide (30 pts higher); higher-poverty schools than district average — tighter screening recommended.
- 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 23d on market — plan ~3-4 weeks tenant-placement turnaround); 710 units permitted in Orleans Parish in 2024 (244 in 5+ unit buildings).
- This rent runs 31% of the median local income ($53k/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 $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.
Negotiation context
- It's been on market 101 days — a 9% lower offer ($155k) is reasonable based on typical stale-listing flexibility.
- 25 sale attempts since 17y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
- Current owner paid $6k; list at $170k implies a 2732% 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.
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- It's been on market 101 days. Have you received any prior offers? Is the seller open to a 20% concession, seller financing, or rate buy-down credit?
- Built in 1968 — 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.
- The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
- 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
- 0.80% ✗
- Cap rate
- 6.39%
- Cash-on-cash
- 0.33%
- DSCR
- 1.01
- GRM
- 10.4
CMA / ARV
- ARV (median comp)
- $199,423
- List price
- $169,900
- Delta
- -14.80%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 2 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 1566 N Johnson St | 0.41mi | 2/1.0 (+1) | 612 (+3%) | 19mo | $73,440 | $120 | 56 |
| 2226 Saint Ann St | 0.74mi | 2/1.0 (+1) | 612 (+3%) | 15mo | $111,000 | $181 | 43 |
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
- -21.8%
- Equity multiple
- 0.27×
- Total profit
- $-34,900
- Equity at exit
- $25,333
- IRR
- -24.6%
- Equity multiple
- -0.05×
- Total profit
- $-50,141
- Equity at exit
- $14,690
Cash invested: $47,572 (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 70119
- Home prices YoY
- -34.8%
- Rents YoY
- -0.2%
- Active inventory
- 381
- Price-to-rent
- 10.4×
Monthly cashflow live
- Estimated rent
- $1,355 high interval (Pro) →
- Mortgage (P&I)
- −$891
- Tax from tax record
- −$95 /mo · $1,144/yr
- Insurance
- −$71
- Flood insurance flood zone
- −$66 /mo · $798/yr
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$285
- Net cashflow
- $-53
Break-even live
Sensitivity live
| Price | -10% $43 | -5% $-5 | +0% $-53 | +5% $-101 | +10% $-149 |
|---|---|---|---|---|---|
| Rent | -10% $-160 | -5% $-107 | +0% $-53 | +5% $0 | +10% $54 |
| Rate | -1.0pp $32 | -0.5pp $-10 | base $-53 | +0.5pp $-97 | +1.0pp $-142 |
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
- $42,475
- Closing costs
- $5,097
- 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 |
|---|---|---|---|---|---|---|---|---|
| 2415 Columbus St Unit D New Orleans, LA | 2.0 | 1.0 | 654 | $1,700 | $2.60 | 5d | 1 | 0.13mi |
| 1435 Crete St Unit 4 New Orleans, LA | 1.0 | 1.0 | 640 | $1,200 | $1.88 | 13d | 1 | 0.25mi |
| 2846 Grand Route Saint John St Unit 4 New Orleans, LA | — | 1.0 | 600 | $1,100 | $1.83 | 25d | 1 | 0.27mi |
| 2846 Maurepas St New Orleans, LA | 2.0 | 1.0 | 625 | $1,500 | $2.40 | 5d | 1 | 0.29mi |
| 1636 N Miro St New Orleans, LA | 1.0 | 1.0 | 600 | $1,295 | $2.16 | 5d | 1 | 0.30mi |
| 1636 N Miro St New Orleans, LA | 1.0 | 1.0 | 600 | $1,295 | $2.16 | 16d | 1 | 0.30mi |
| 1765 N Tonti St Unit 1767 New Orleans, LA | 1.0 | 1.0 | 693 | $1,295 | $1.87 | 3d | 1 | 0.39mi |
| 1100 N Broad St Unit Rear New Orleans, LA | 1.0 | 1.0 | 518 | $1,400 | $2.70 | 25d | 1 | 0.40mi |
| 2921 Lepage St Unit B New Orleans, LA | 1.0 | 1.0 | 500 | $1,450 | $2.90 | 5d | 1 | 0.41mi |
| 2921 Lepage St Unit B New Orleans, LA | 1.0 | 1.0 | 500 | $1,450 | $2.90 | 4d | 1 | 0.41mi |
| 1776 N Miro St New Orleans, LA | 2.0 | 1.0 | 700 | $1,100 | $1.57 | 25d | 1 | 0.46mi |
| 2110 Bayou Rd Unit 5 New Orleans, LA | 1.0 | 1.0 | 600 | $1,250 | $2.08 | 25d | 1 | 0.46mi |
| 2332 Ursulines Ave Unit B New Orleans, LA | 2.0 | 1.0 | 700 | $1,400 | $2.00 | 25d | 1 | 0.48mi |
| 2724 Saint Philip St New Orleans, LA | 1.0 | 1.0 | 700 | $1,750 | $2.50 | 3d | 1 | 0.50mi |
| 1818 Esplanade Ave Unit 1B New Orleans, LA | 2.0 | 1.0 | 700 | $2,200 | $3.14 | 25d | 1 | 0.56mi |
| 906 N White St New Orleans, LA | 2.0 | 1.0 | 522 | $1,000 | $1.92 | 16d | 1 | 0.57mi |
| 2741 Bruxelles St New Orleans, LA | 2.0 | 1.0 | 732 | $1,500 | $2.05 | 5d | 1 | 0.59mi |
| 2741 Bruxelles St New Orleans, LA | 2.0 | 1.0 | 732 | $1,500 | $2.05 | 4d | 1 | 0.59mi |
| 1866 Gentilly Blvd Unit 4 New Orleans, LA | 1.0 | 1.0 | 400 | $925 | $2.31 | 13d | 1 | 0.60mi |
| 3208 Desoto St Unit DeSoto Downstairs New Orleans, LA | 1.0 | 1.0 | 650 | $1,500 | $2.31 | 13d | 1 | 0.62mi |
| 3232 Grand Route Saint John St Unit B New Orleans, LA | 1.0 | 1.0 | 650 | $1,800 | $2.77 | 18d | 1 | 0.64mi |
| 1128 N Roman St New Orleans, LA | 1.0 | 1.0 | 600 | $1,400 | $2.33 | 5d | 1 | 0.65mi |
| 1128 N Roman St New Orleans, LA | 2.0 | 2.0 | 600 | $1,400 | $2.33 | 25d | 1 | 0.65mi |
| 3208 Trafalgar St Unit Cozy New Orleans, LA | 1.0 | 1.0 | 540 | $1,500 | $2.78 | 5d | 1 | 0.67mi |
| 2723 Orleans Ave New Orleans, LA | 1.0 | 1.0 | 750 | $990 | $1.32 | 25d | 1 | 0.68mi |
| 2723 Orleans Ave New Orleans, LA | 1.0 | 1.0 | 750 | $990 | $1.32 | 4d | 1 | 0.68mi |
| 3343 Esplanade Ave Unit 17 New Orleans, LA | — | 1.0 | 400 | $1,050 | $2.62 | 23d | 1 | 0.69mi |
| 2831 Orleans Ave Unit 2829 New Orleans, LA | 1.0 | 1.0 | 663 | $1,200 | $1.81 | 25d | 1 | 0.70mi |
| 2831 Orleans Ave Unit 2831 New Orleans, LA | 1.0 | 1.0 | 663 | $1,150 | $1.73 | 25d | 1 | 0.70mi |
| 2640 Saint Peter St New Orleans, LA | 1.0 | 1.0 | 610 | $1,011 | $1.66 | 25d | 1 | 0.75mi |
| 1615 Governor Nicholls St Apt 103 New Orleans, LA | 1.0 | 1.0 | 600 | $1,050 | $1.75 | 23d | 1 | 0.77mi |
| 2311 Saint Anthony St Unit 1B New Orleans, LA | 2.0 | 1.0 | 750 | $1,350 | $1.80 | 25d | 1 | 0.79mi |
| 1423 N Villere St Unit B New Orleans, LA | 1.0 | 1.0 | 558 | $1,500 | $2.69 | 25d | 1 | 0.80mi |
| 1725 Dumaine St Unit 101 New Orleans, LA | 1.0 | 1.0 | 400 | $950 | $2.38 | 25d | 1 | 0.82mi |
| 1725 Dumaine St Unit 104 New Orleans, LA | 2.0 | 1.0 | 500 | $1,150 | $2.30 | 25d | 1 | 0.82mi |
| 818 Moss St New Orleans, LA | 1.0–2.0 | 1.0–1.5 | 797 | $1,250 | $1.57 | 13d | 2 | 0.85mi |
| 3443 Esplanade Ave New Orleans, LA | 3.0 | 1.0–2.0 | 997 | $1,583 | $1.59 | 4d | 30 | 0.86mi |
| 1328 Esplanade Ave Unit HM New Orleans, LA | 1.0 | 1.0 | 595 | $1,750 | $2.94 | 25d | 1 | 0.86mi |
| 1815 N Claiborne Ave Unit 103 A New Orleans, LA | 1.0 | 1.0 | 572 | $1,050 | $1.84 | 25d | 1 | 0.87mi |
| 3230 Pauger St New Orleans, LA | 1.0 | 1.0 | 600 | $1,200 | $2.00 | 25d | 1 | 0.87mi |
Listing history 50 events
-
2026-06-21days on market $169,900 Active 101 DOM
-
2026-06-18days on market $169,900 Active 98 DOM
-
2026-06-17days on market $169,900 Active 97 DOM
-
2026-06-16days on market $169,900 Active 96 DOM
-
2026-06-15days on market $169,900 Active 95 DOM
-
2026-06-13days on market $169,900 Active 93 DOM
-
2026-06-10days on market $169,900 Active 90 DOM
-
2026-06-09days on market $169,900 Active 89 DOM
-
2026-06-08days on market $169,900 Active 88 DOM
-
2026-06-07days on market $169,900 Active 87 DOM
-
2026-06-05days on market $169,900 Active 84 DOM
-
2026-06-03days on market $169,900 Active 83 DOM
-
2026-06-02days on market $169,900 Active 82 DOM
-
2026-06-01days on market $169,900 Active 81 DOM
-
2026-05-31days on market $169,900 Active 80 DOM
-
2026-04-27price $169,900 705-char remark
Show marketing remark (716 chars)
* * * Bond for Deed Terms: Down Payment: 10% due at closing, Interest Rate: 5%, Amortization: 30 years Additional Principal Payment: 10% due at year 2 Balloon Payment: Remaining balance due at year 5 * * * . Charming shotgun cottage offering an excellent opportunity for an owner-occupant or investor in a convenient New Orleans location. This 1-bedroom, 1-bath single-family home offers approximately 634 living square feet on a 20' x 60' lot and features a functional layout with no carpet and a recently replaced roof. Conveniently located with convenient access to Mid-City, downtown, and the Fair Grounds/Jazz Fest area, plus nearby restaurants, parks, and neighborhood amenities. Owner financing available.
-
2026-04-27price $169,900 716-char remark
Show marketing remark (716 chars)
* * * Bond for Deed Terms: Down Payment: 10% due at closing, Interest Rate: 5%, Amortization: 30 years Additional Principal Payment: 10% due at year 2 Balloon Payment: Remaining balance due at year 5 * * * . Charming shotgun cottage offering an excellent opportunity for an owner-occupant or investor in a convenient New Orleans location. This 1-bedroom, 1-bath single-family home offers approximately 634 living square feet on a 20' x 60' lot and features a functional layout with no carpet and a recently replaced roof. Conveniently located with convenient access to Mid-City, downtown, and the Fair Grounds/Jazz Fest area, plus nearby restaurants, parks, and neighborhood amenities. Owner financing available.
-
2026-02-20$174,900 Active 705-char remark
Show marketing remark (716 chars)
* * * Bond for Deed Terms: Down Payment: 10% due at closing, Interest Rate: 5%, Amortization: 30 years Additional Principal Payment: 10% due at year 2 Balloon Payment: Remaining balance due at year 5 * * * . Charming shotgun cottage offering an excellent opportunity for an owner-occupant or investor in a convenient New Orleans location. This 1-bedroom, 1-bath single-family home offers approximately 634 living square feet on a 20' x 60' lot and features a functional layout with no carpet and a recently replaced roof. Conveniently located with convenient access to Mid-City, downtown, and the Fair Grounds/Jazz Fest area, plus nearby restaurants, parks, and neighborhood amenities. Owner financing available.
-
2026-02-20$174,900 Active 716-char remark
Show marketing remark (716 chars)
* * * Bond for Deed Terms: Down Payment: 10% due at closing, Interest Rate: 5%, Amortization: 30 years Additional Principal Payment: 10% due at year 2 Balloon Payment: Remaining balance due at year 5 * * * . Charming shotgun cottage offering an excellent opportunity for an owner-occupant or investor in a convenient New Orleans location. This 1-bedroom, 1-bath single-family home offers approximately 634 living square feet on a 20' x 60' lot and features a functional layout with no carpet and a recently replaced roof. Conveniently located with convenient access to Mid-City, downtown, and the Fair Grounds/Jazz Fest area, plus nearby restaurants, parks, and neighborhood amenities. Owner financing available.
-
2024-12-11historical $1,350
-
2024-11-27$1,350
-
2024-09-07historical $1,350
-
2024-08-18price $145,000
-
2024-06-06$1,350
-
2024-06-06$145,000
-
2024-05-25historical $1,550
-
2024-05-16$1,550
-
2024-05-15historical $1,550
-
2024-04-02$165,000
-
2023-12-22$1,550
-
2023-05-26price $175,000
-
2022-12-30price $168,000
-
2022-09-12$175,000
-
2022-04-27price $160,000
-
2021-11-27$160,000
-
2018-10-16historical
-
2018-08-22price $148,000
-
2018-07-23$148,000
-
2018-07-23$149,000 Active
-
2017-02-01historical
-
2017-01-18$149,900 Active
-
2017-01-13price $149,900
-
2017-01-13historical
-
2017-01-13status Active
-
2017-01-10$149,900
-
2016-12-28historical
-
2016-09-15$149,000 Active
-
2016-09-14$149,000
-
2016-09-01historical
-
2016-08-09price $139,000
ⓘ 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
- $1,144 · $95/mo
- Projected year-2 tax
- $1,144 · $95/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
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $16,259
- − Mortgage interest
- −$9,517
- − Property taxes
- −$1,144
- − Insurance
- −$1,647
- − Repairs & maintenance
- −$1,301
- − Management
- −$1,301
- − Depreciation
- −$4,943
- Taxable loss
- −$3,593
- Est. tax savings @ 24.0%
- +$862
- After-tax cash flow
- $224/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
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
- 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 |
|---|---|---|
| Telecommunications | 2 | $23B |
|
||
| Utilities | 1 | $12B |
|
||
| Wholesale / Distribution | 1 | $5B |
|
||
| Advertising | 1 | $2B |
|
||
Price history
+2731.7% since first listed46 events — show timeline
- 2026-04-27 Price Changed $169,900 AcadianaMLS
- 2026-04-27 Price Changed $169,900 GSREIN
- 2026-02-20 Listed $174,900 GSREIN
- 2026-02-20 Listed $174,900 AcadianaMLS
- 2024-12-11 Rental Removed $1,350 GSREIN
- 2024-11-27 Listed for Rent $1,350 GSREIN
- 2024-09-07 Rental Removed $1,350 GSREIN
- 2024-08-18 Price Changed $145,000 GSREIN
- 2024-06-06 Listed for Rent $1,350 GSREIN
- 2024-06-06 Listed $145,000 AcadianaMLS
- 2024-05-25 Rental Removed $1,550 APPFOLIO
- 2024-05-16 Listed for Rent $1,550 APPFOLIO
- 2024-05-15 Rental Removed $1,550 GSREIN
- 2024-04-02 Listed $165,000 AcadianaMLS
- 2023-12-22 Listed for Rent $1,550 GSREIN
- 2023-05-26 Price Changed $175,000 GSREIN
- 2022-12-30 Price Changed $168,000 GSREIN
- 2022-09-12 Listed $175,000 AcadianaMLS
- 2022-04-27 Price Changed $160,000 GSREIN
- 2021-11-27 Listed $160,000 AcadianaMLS
- 2018-10-16 Listing Removed — GSREIN
- 2018-08-22 Price Changed $148,000 GSREIN
- 2018-07-23 Listed $149,000 GSREIN
- 2018-07-23 Listed $148,000 AcadianaMLS
- 2017-02-01 Listing Removed — GSREIN
- 2017-01-18 Listed $149,900 GSREIN
- 2017-01-13 Price Changed $149,900 GSREIN
- 2017-01-13 Listing Removed — GSREIN
- 2017-01-13 Relisted — GSREIN
- 2017-01-10 Listed $149,900 AcadianaMLS
- 2016-12-28 Listing Removed — GSREIN
- 2016-09-15 Listed $149,000 GSREIN
- 2016-09-14 Listed $149,000 AcadianaMLS
- 2016-09-01 Listing Removed — GSREIN
- 2016-08-09 Price Changed $139,000 GSREIN
- 2016-06-23 Listed $149,900 GSREIN
- 2016-06-23 Listed $149,900 AcadianaMLS
- 2016-06-09 Listing Removed — GSREIN
- 2016-05-07 Price Changed $154,500 GSREIN
- 2016-04-22 Listed $155,000 GSREIN
- 2016-04-19 Listed $154,500 AcadianaMLS
- 2010-07-16 Listed $100,000 GSREIN
- 2010-07-16 Listed $100,000 AcadianaMLS
- 2009-08-25 Listed $87,200 GSREIN
- 2009-08-25 Listed $87,200 AcadianaMLS
- 1997-07-25 Sold (Public Records) $6,000 Public Records
Property tax history
+5.6%/yrLatest (2026): $1,144 · +1.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…