1612 Akron Ave · Metairie, LA
Flood risk 8/10 · Major
- FEMA flood zone
- AE
- Chance of flooding over 30 yrs
- 0.6%
- Est. flood insurance / yr
- $1,737 – $8,500
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 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 3 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the C- grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +19.6/30.0
- ARV discount +9.6/15.0
- DSCR +6.2/10.0
- 1% rule +4.4/10.0
- Livability +4.4/5.0
- Rent growth +3.0/5.0
- Schools +2.5/10.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$265,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome to this cute brick home tucked into the charming Airline Park subdivision, offering space, comfort, and undeniable curb appeal. This well-laid-out home offers 4 spacious bedrooms and 2.5 bathrooms with an open living, kitchen, and dining area ideal for everyday living and entertaining. The kitchen features ample cabinet space and a convenient breakfast bar for casual dining. The updated hall bath includes a double vanity with quartz countertops, stylish new mirrors, and modern lighting. Primary suite features an en suite bath with a walk-in shower, while an additional bedroom includes its own attached half bath--perfect for guests or a home office. Step outside to a large fenced-in yard with a deck and storage shed, offering plenty of room for relaxing, entertaining, pets, or play. Fresh interior paint, all-new landscaping, a double driveway, and a roof just 4 years old complete this move-in-ready home.
Key facts
- Double vanity
- Brick home
- Updated hall bath
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4-bed/2.5-bath single-family listed at $265k.
Deal economics
- At list price, monthly cash flow is $-122 ($-1k/yr) — negative.
- To cash-flow at today's rent, offer at most $243k (8.2% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $248k (6.4% below list).
- Recommended offer: $243k (8.2% below list) — sets the bar for cash-flow.
- Cap rate 7.7% 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 rising (+2.1%/yr); 224 active listings in the ZIP; 27 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 39% of the median local income ($76k/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 $8k of value loss. Plan a longer hold.
Negotiation context
- Only 3 days on market — expect competitive offers; lowballing is unlikely to land.
- 6 sale attempts; this cycle's ask is 6% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
- Current owner paid $146k; list at $265k implies a 82% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: flood insurance adds $427/mo.
- Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); 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?
- What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 0.94% ✗
- Cap rate
- 7.67%
- Cash-on-cash
- 4.92%
- DSCR
- 1.22
- GRM
- 8.9
CMA / ARV
- ARV (median comp)
- $278,246
- List price
- $265,000
- Delta
- -4.76%
- Verdict
- FAIR
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 1613 Riviere Ave | 0.07mi | 3/2.0 (-1) | 1,683 (-6%) | 2mo | $141,900 | $84 | 78 |
| 6104 Camphor St | 0.23mi | 3/2.0 (-1) | 1,600 (-11%) | 0mo | $320,000 | $200 | 64 |
| 2101 Riviere Ave | 0.33mi | 4/2.5 | 2,000 (+12%) | 1mo | $365,500 | $183 | 64 |
| 601 Airline Park Blvd | 0.60mi | 3/3.0 (-1) | 1,803 (+1%) | 1mo | $246,000 | $136 | 63 |
| 1317 Frankel Ave | 0.41mi | 3/2.0 (-1) | 1,635 (-9%) | 2mo | $290,000 | $177 | 58 |
| 1809 Yale Ave | 0.32mi | 3/2.0 (-1) | 1,554 (-13%) | 1mo | $284,000 | $183 | 56 |
| 1901 Eisenhower Ave | 0.40mi | 3/2.0 (-1) | 1,603 (-10%) | 2mo | $265,000 | $165 | 56 |
| 1109 David Dr | 0.48mi | 3/2.5 (-1) | 1,994 (+12%) | 0mo | $385,000 | $193 | 53 |
| 2201 Elise Ave | 0.52mi | 3/2.0 (-1) | 1,607 (-10%) | 1mo | $237,000 | $147 | 51 |
| 1304 Kathleen Ave | 0.66mi | 3/2.0 (-1) | 1,682 (-6%) | 2mo | $361,000 | $215 | 51 |
| 1120 Trudeau Dr | 0.74mi | 3/2.0 (-1) | 1,673 (-6%) | 1mo | $289,000 | $173 | 47 |
| 5613 Morton St | 0.69mi | 3/2.0 (-1) | 1,961 (+10%) | 2mo | $350,000 | $178 | 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 · 2.15% rent growth · sell at horizon
- IRR
- -20.6%
- Equity multiple
- 0.29×
- Total profit
- $-52,641
- Equity at exit
- $39,512
- IRR
- -15.9%
- Equity multiple
- 0.14×
- Total profit
- $-63,573
- Equity at exit
- $22,912
Cash invested: $74,200 (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 70003
- Rents YoY
- 2.1%
- Active inventory
- 224
- Price-to-rent
- 8.9×
Monthly cashflow live
- Estimated rent
- $2,480 high interval (Pro) →
- Mortgage (P&I)
- −$1,390
- Tax from tax record
- −$155 /mo · $1,855/yr
- Insurance
- −$110
- Flood insurance flood zone
- −$427 /mo · $5,118/yr
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$521
- Net cashflow
- $-122
Break-even live
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $66,250
- Closing costs
- $7,950
- 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 27 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1712 Abadie Ave Metairie, LA | 4.0 | 2.0 | 1900 | $2,750 | $1.45 | 23d | 1 | 0.09mi |
| 1108 Cardinal Ave Metairie, LA | 4.0 | 2.0 | 1903 | $2,650 | $1.39 | 43d | 1 | 0.29mi |
| 2012 Airline Park Blvd Metairie, LA | 3.0 | 2.0 | 1583 | $2,100 | $1.33 | 23d | 1 | 0.32mi |
| 1808 Elise Ave Metairie, LA | 3.0 | 2.0 | 1508 | $2,100 | $1.39 | 23d | 1 | 0.35mi |
| 1216 Hymelia Ave Metairie, LA | 4.0 | 2.0 | 1400 | $3,500 | $2.50 | 4d | 1 | 0.37mi |
| 6016 Loraine St Metairie, LA | 3.0 | 1.0 | 1600 | $1,950 | $1.22 | 2d | 1 | 0.45mi |
| 6908 Christine St Metairie, LA | 3.0 | 2.0 | 1550 | $2,100 | $1.35 | 23d | 1 | 0.52mi |
| 6908 Christine St Metairie, LA | 3.0 | 2.0 | 1550 | $2,000 | $1.29 | 14d | 1 | 0.52mi |
| 703 Linden St Metairie, LA | 3.0 | 2.0 | 1650 | $2,500 | $1.52 | 19d | 1 | 0.58mi |
| 705 N Lester Ave Metairie, LA | 3.0 | 2.0 | 1334 | $2,100 | $1.57 | 43d | 1 | 0.75mi |
| 3 Donald Ct Metairie, LA | 3.0 | 2.0 | 1633 | $2,000 | $1.22 | 23d | 1 | 0.86mi |
| 808 Cynthia Ave Metairie, LA | 3.0 | 2.0 | 1500 | $2,100 | $1.40 | 14d | 1 | 0.97mi |
| 4960 York St Unit 4954 Metairie, LA | 3.0 | 2.5 | 1597 | $2,150 | $1.35 | 4d | 1 | 0.99mi |
| 6801 Veterans Blvd Metairie, LA | 1.0–3.0 | 1.0–2.0 | 985 | $1,701 | $1.73 | 1d | 27 | 1.12mi |
| 216 Trudeau Dr Metairie, LA | 4.0 | 3.0 | 1825 | $2,800 | $1.53 | 4d | 1 | 1.25mi |
| 1101 Field Ave Metairie, LA | 3.0 | 2.0 | 1290 | $2,250 | $1.74 | 43d | 1 | 1.26mi |
| 5017 Soldier St Metairie, LA | 3.0 | 2.0 | 1575 | $1,900 | $1.21 | 14d | 1 | 1.29mi |
| 820 Calvert St Metairie, LA | 3.0 | 2.0 | 1900 | $3,000 | $1.58 | 43d | 1 | 1.32mi |
| 1001 Minnesota Ave Kenner, LA | 3.0 | 2.0 | 1800 | $2,100 | $1.17 | 43d | 1 | 1.32mi |
| 2013 Minnesota Ave Kenner, LA | 4.0 | 2.0 | 1300 | $2,000 | $1.54 | 21d | 1 | 1.35mi |
| 8817 25th St Metairie, LA | 3.0 | 1.0 | 1390 | $2,100 | $1.51 | 4d | 1 | 1.39mi |
| 4711 Grammar Ave Metairie, LA | 3.0 | 2.0 | 1794 | $1,550 | $0.86 | 4d | 1 | 1.41mi |
| 713 Calvert St Metairie, LA | 3.0 | 2.5 | 1644 | $2,200 | $1.34 | 23d | 1 | 1.42mi |
| 711 Calvert Ave Metairie, LA | 3.0 | 2.5 | 1644 | $2,150 | $1.31 | 23d | 1 | 1.42mi |
| 6217 Leslie St Metairie, LA | 3.0 | 1.0 | 1300 | $1,800 | $1.38 | 44d | 1 | 1.46mi |
| 527 Little Farms Ave New Orleans, LA | 3.0 | 2.0 | 1855 | $2,800 | $1.51 | 23d | 1 | 1.46mi |
| 5029 Loveland St Metairie, LA | 3.0 | 2.0 | 2100 | $2,500 | $1.19 | 4d | 1 | 1.50mi |
Listing history 21 events
-
2026-06-18days on market $265,000 Active 3 DOM
-
2026-06-17days on market $265,000 Active 2 DOM
-
2026-06-16days on market $265,000 Active 1 DOM
-
2026-06-15days on market $265,000 Active 123 DOM
-
2026-06-13days on market $265,000 Active 121 DOM
-
2026-06-10days on market $265,000 Active 118 DOM
-
2026-06-09days on market $265,000 Active 117 DOM
-
2026-06-08days on market $265,000 Active 116 DOM
-
2026-06-07pricedays on market $265,000 Active 115 DOM
-
2026-05-12status Active 924-char remark
Show marketing remark (929 chars)
Welcome to this cute brick home tucked into the charming Airline Park subdivision, offering space, comfort, and undeniable curb appeal. This well-laid-out home offers 4 spacious bedrooms and 2.5 bathrooms with an open living, kitchen, and dining area ideal for everyday living and entertaining. The kitchen features ample cabinet space and a convenient breakfast bar for casual dining. The updated hall bath includes a double vanity with quartz countertops, stylish new mirrors, and modern lighting. Primary suite features an en suite bath with a walk-in shower, while an additional bedroom includes its own attached half bath—perfect for guests or a home office. Step outside to a large fenced-in yard with a deck and storage shed, offering plenty of room for relaxing, entertaining, pets, or play. Fresh interior paint, all-new landscaping, a double driveway, and a roof just 4 years old complete this move-in-ready home.
-
2026-05-12status Active 929-char remark
Show marketing remark (929 chars)
Welcome to this cute brick home tucked into the charming Airline Park subdivision, offering space, comfort, and undeniable curb appeal. This well-laid-out home offers 4 spacious bedrooms and 2.5 bathrooms with an open living, kitchen, and dining area ideal for everyday living and entertaining. The kitchen features ample cabinet space and a convenient breakfast bar for casual dining. The updated hall bath includes a double vanity with quartz countertops, stylish new mirrors, and modern lighting. Primary suite features an en suite bath with a walk-in shower, while an additional bedroom includes its own attached half bath—perfect for guests or a home office. Step outside to a large fenced-in yard with a deck and storage shed, offering plenty of room for relaxing, entertaining, pets, or play. Fresh interior paint, all-new landscaping, a double driveway, and a roof just 4 years old complete this move-in-ready home.
-
2026-04-16status Pending 924-char remark
Show marketing remark (929 chars)
Welcome to this cute brick home tucked into the charming Airline Park subdivision, offering space, comfort, and undeniable curb appeal. This well-laid-out home offers 4 spacious bedrooms and 2.5 bathrooms with an open living, kitchen, and dining area ideal for everyday living and entertaining. The kitchen features ample cabinet space and a convenient breakfast bar for casual dining. The updated hall bath includes a double vanity with quartz countertops, stylish new mirrors, and modern lighting. Primary suite features an en suite bath with a walk-in shower, while an additional bedroom includes its own attached half bath—perfect for guests or a home office. Step outside to a large fenced-in yard with a deck and storage shed, offering plenty of room for relaxing, entertaining, pets, or play. Fresh interior paint, all-new landscaping, a double driveway, and a roof just 4 years old complete this move-in-ready home.
-
2026-04-16historical Active Under Contract 929-char remark
Show marketing remark (929 chars)
Welcome to this cute brick home tucked into the charming Airline Park subdivision, offering space, comfort, and undeniable curb appeal. This well-laid-out home offers 4 spacious bedrooms and 2.5 bathrooms with an open living, kitchen, and dining area ideal for everyday living and entertaining. The kitchen features ample cabinet space and a convenient breakfast bar for casual dining. The updated hall bath includes a double vanity with quartz countertops, stylish new mirrors, and modern lighting. Primary suite features an en suite bath with a walk-in shower, while an additional bedroom includes its own attached half bath—perfect for guests or a home office. Step outside to a large fenced-in yard with a deck and storage shed, offering plenty of room for relaxing, entertaining, pets, or play. Fresh interior paint, all-new landscaping, a double driveway, and a roof just 4 years old complete this move-in-ready home.
-
2026-04-01status Active 924-char remark
Show marketing remark (929 chars)
Welcome to this cute brick home tucked into the charming Airline Park subdivision, offering space, comfort, and undeniable curb appeal. This well-laid-out home offers 4 spacious bedrooms and 2.5 bathrooms with an open living, kitchen, and dining area ideal for everyday living and entertaining. The kitchen features ample cabinet space and a convenient breakfast bar for casual dining. The updated hall bath includes a double vanity with quartz countertops, stylish new mirrors, and modern lighting. Primary suite features an en suite bath with a walk-in shower, while an additional bedroom includes its own attached half bath—perfect for guests or a home office. Step outside to a large fenced-in yard with a deck and storage shed, offering plenty of room for relaxing, entertaining, pets, or play. Fresh interior paint, all-new landscaping, a double driveway, and a roof just 4 years old complete this move-in-ready home.
-
2026-04-01status Active 929-char remark
Show marketing remark (929 chars)
Welcome to this cute brick home tucked into the charming Airline Park subdivision, offering space, comfort, and undeniable curb appeal. This well-laid-out home offers 4 spacious bedrooms and 2.5 bathrooms with an open living, kitchen, and dining area ideal for everyday living and entertaining. The kitchen features ample cabinet space and a convenient breakfast bar for casual dining. The updated hall bath includes a double vanity with quartz countertops, stylish new mirrors, and modern lighting. Primary suite features an en suite bath with a walk-in shower, while an additional bedroom includes its own attached half bath—perfect for guests or a home office. Step outside to a large fenced-in yard with a deck and storage shed, offering plenty of room for relaxing, entertaining, pets, or play. Fresh interior paint, all-new landscaping, a double driveway, and a roof just 4 years old complete this move-in-ready home.
-
2026-03-24status Pending 924-char remark
Show marketing remark (929 chars)
Welcome to this cute brick home tucked into the charming Airline Park subdivision, offering space, comfort, and undeniable curb appeal. This well-laid-out home offers 4 spacious bedrooms and 2.5 bathrooms with an open living, kitchen, and dining area ideal for everyday living and entertaining. The kitchen features ample cabinet space and a convenient breakfast bar for casual dining. The updated hall bath includes a double vanity with quartz countertops, stylish new mirrors, and modern lighting. Primary suite features an en suite bath with a walk-in shower, while an additional bedroom includes its own attached half bath—perfect for guests or a home office. Step outside to a large fenced-in yard with a deck and storage shed, offering plenty of room for relaxing, entertaining, pets, or play. Fresh interior paint, all-new landscaping, a double driveway, and a roof just 4 years old complete this move-in-ready home.
-
2026-03-24historical Active Under Contract 929-char remark
Show marketing remark (929 chars)
Welcome to this cute brick home tucked into the charming Airline Park subdivision, offering space, comfort, and undeniable curb appeal. This well-laid-out home offers 4 spacious bedrooms and 2.5 bathrooms with an open living, kitchen, and dining area ideal for everyday living and entertaining. The kitchen features ample cabinet space and a convenient breakfast bar for casual dining. The updated hall bath includes a double vanity with quartz countertops, stylish new mirrors, and modern lighting. Primary suite features an en suite bath with a walk-in shower, while an additional bedroom includes its own attached half bath—perfect for guests or a home office. Step outside to a large fenced-in yard with a deck and storage shed, offering plenty of room for relaxing, entertaining, pets, or play. Fresh interior paint, all-new landscaping, a double driveway, and a roof just 4 years old complete this move-in-ready home.
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2026-02-05$250,000 Active 924-char remark
Show marketing remark (929 chars)
Welcome to this cute brick home tucked into the charming Airline Park subdivision, offering space, comfort, and undeniable curb appeal. This well-laid-out home offers 4 spacious bedrooms and 2.5 bathrooms with an open living, kitchen, and dining area ideal for everyday living and entertaining. The kitchen features ample cabinet space and a convenient breakfast bar for casual dining. The updated hall bath includes a double vanity with quartz countertops, stylish new mirrors, and modern lighting. Primary suite features an en suite bath with a walk-in shower, while an additional bedroom includes its own attached half bath—perfect for guests or a home office. Step outside to a large fenced-in yard with a deck and storage shed, offering plenty of room for relaxing, entertaining, pets, or play. Fresh interior paint, all-new landscaping, a double driveway, and a roof just 4 years old complete this move-in-ready home.
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2026-02-05$250,000 Active 929-char remark
Show marketing remark (929 chars)
Welcome to this cute brick home tucked into the charming Airline Park subdivision, offering space, comfort, and undeniable curb appeal. This well-laid-out home offers 4 spacious bedrooms and 2.5 bathrooms with an open living, kitchen, and dining area ideal for everyday living and entertaining. The kitchen features ample cabinet space and a convenient breakfast bar for casual dining. The updated hall bath includes a double vanity with quartz countertops, stylish new mirrors, and modern lighting. Primary suite features an en suite bath with a walk-in shower, while an additional bedroom includes its own attached half bath—perfect for guests or a home office. Step outside to a large fenced-in yard with a deck and storage shed, offering plenty of room for relaxing, entertaining, pets, or play. Fresh interior paint, all-new landscaping, a double driveway, and a roof just 4 years old complete this move-in-ready home.
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2016-02-22soldstatus $146,000
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1984-08-01soldstatus $72,800
ⓘ 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
- $1,855 · $155/mo
- Projected year-2 tax
- $1,855 · $155/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 AE · 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 3/10 Moderate 2 unhealthy d/yr today · 3 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
- $29,757
- − Mortgage interest
- −$14,844
- − Property taxes
- −$1,855
- − Insurance
- −$6,444
- − Repairs & maintenance
- −$2,381
- − Management
- −$2,381
- − Depreciation
- −$7,709
- Taxable loss
- −$5,856
- Est. tax savings @ 24.0%
- +$1,406
- After-tax cash flow
- $-62/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Jefferson Parish
- NCES district ID
- 2200840
- Math proficiency
- 24% ▼ -36.00%
- Reading proficiency
- 34% ▼ -30.00%
- Median HH income
- $48,421
- Composite
- 25.19/100
- National rank
- #7511
- State rank
- #44 of 98 in LA
Livability — Metairie
- Score
- 87/100
- State rank
- #1
- US rank
- #261
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Metairie, LA
- County
- Jefferson Parish · 426,999 people
- City population
- 137,978
- Metro
- New Orleans-Metairie, LA
- Population (ZIP)
- 39,344
- Household income
- $76,261
- Rent vs Own
- Severe rent burden
- 710.0
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 (65%)
- Race & ethnicity
- White 65% Hispanic / Latino 19% Two or more races 12% Black 8% Asian 5%
- Hispanic origin (detail)
- Mexican 3% Cuban 1%
- Common ancestry
- Lithuanian 12% Scotch-Irish 1% Slovak 1%
- Foreign-born
- 14% · Canada, Vietnam, China
- Languages at home
- 81% English-only · Spanish 12% Other Indo-European 3% Arabic 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
- ▼ -252.03%
- Current HPI
- 138.5632
- Rent YoY
- ▲ 2.15%
- Metro
- New Orleans-Metairie, LA
- State GDP YoY
- ▲ 3.29%
- F500 in state
- 10
Industry mix (Fortune 500 HQ in LA)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Telecommunications | 2 | $23B |
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| Utilities | 1 | $12B |
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| Wholesale / Distribution | 1 | $5B |
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| Advertising | 1 | $2B |
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Price history
+243.4% since first listed12 events — show timeline
- 2026-05-12 Relisted — AcadianaMLS
- 2026-05-12 Relisted — GSREIN
- 2026-04-16 Pending — AcadianaMLS
- 2026-04-16 Contingent — GSREIN
- 2026-04-01 Relisted — AcadianaMLS
- 2026-04-01 Relisted — GSREIN
- 2026-03-24 Pending — AcadianaMLS
- 2026-03-24 Contingent — GSREIN
- 2026-02-05 Listed $250,000 GSREIN
- 2026-02-05 Listed $250,000 AcadianaMLS
- 2016-02-22 Sold (Public Records) $146,000 Public Records
- 1984-08-01 Sold (Public Records) $72,800 Public Records
Property tax history
+4.2%/yrLatest (2025): $1,855 · +0.2% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…