4367 Genoa Rd · New Orleans, LA 70129

$259,900

3 bd · 2.5 ba · 1,672 sqft · SingleFamily public records · 132 Days on market

Built 1984 0.27 ac lot $155/sqft · 15% above area Est $358k · 27% under

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Why this score? — see what drove the F 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 +6.8/30.0
• Livability +4.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.6/10.0
• 1% rule +1.3/10.0
• DSCR +1.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Experience relaxed coastal living on Bayou Sauvage in the heart of Venetian Isles. This raised home is designed for enjoying life on the water, featuring a covered boat lift, floating dock, and an expansive covered ground-level space ideal for crawfish boils, game days, and memorable gatherings with friends and family. The first-floor living space offers an open, light-filled layout with gleaming hardwood floors, spacious living and den areas with built-in media cabinetry, and a separate wet bar--creating a seamless flow for entertaining. A wall of windows in the den opens to the rear deck, where canal views and stunning sunsets provide the perfect backdrop for evening get-togethers. The kitchen features abundant cabinetry and quartz countertops and is thoughtfully positioned to stay connected to the main living areas, making hosting effortless whether entertaining a crowd or enjoying casual evenings at home. Additional highlights include plentiful off-street parking, extensive storage, and a generous yard--ideal for both everyday living and larger events. Venetian Isles is celebrated for its tight-knit community and signature events such as the Crawfish Cook-Off, Fishing Rodeo, and Santa's Boat Parade. From your own dock, enjoy easy boat access to Lakes Catherine, Lake Pontchartrain, Lake Borgne, and the Rigolets, offering exceptional fishing, kayaking, bird watching, and endless outdoor recreation right outside your door. Additional features: * Living area did not flood during Hurricane Katrina (2005) * Elevation Certificate attached: 16.22 feet * Spray foam insulation * Cargo elevator Seller Improvements Timeline: * 1993: Expanded deck * 1994: Kitchen remodel, primary bath remodel, wet bar remodel * 2005: Flooring replaced throughout, 5th bedroom converted to utility room, ceilings and walls replaced, roof replaced * 2017: Interior doors and windows replaced; boathouse added * 2024: Both A/C units replaced; new roof

Key facts

• Covered boat lift
• Separate wet bar
• Canal views

Tags

• COVERED BOAT LIFT
• FLOATING DOCK
• OPEN LIGHT-FILLED LAYOUT
• BUILT-IN MEDIA CABINETRY
• SEPARATE WET BAR
• CANAL VIEWS

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath single-family listed at $260k.

Deal economics

• At list price, monthly cash flow is $-834 ($-10k/yr) — negative.
• To cash-flow at today's rent, offer at most $113k (56.7% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $163k (37.4% below list).
• Recommended offer: $113k (56.7% below list) — sets the bar for cash-flow.

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: 139 active listings in the ZIP; 710 units permitted in Orleans Parish in 2024 (244 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 $8k 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 132 days — a 12% lower offer ($229k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 2y ago; this cycle's ask has dropped $55k (17%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $110k; list at $260k implies a 136% 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.

Recommended offer $112,657 (56.7% below list)

Questions for the listing agent

1. 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?
2. It's been on market 132 days. Have you received any prior offers? Is the seller open to a 57% concession, seller financing, or rate buy-down credit?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.63% ✗
• Cap rate: 4.41%
• Cash-on-cash: -6.71%
• DSCR: 0.70
• GRM: 13.3

CMA / ARV

• ARV (median comp): $358,030
• List price: $259,900
• Delta: -27.41%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4321 San Remo Rd	0.13mi	3/2.5	1,627 (-3%)	1mo	$385,000	$237	88
4354 Genoa Rd	0.04mi	3/2.5	1,800 (+8%)	14mo	$240,000	$133	74
4210 Murano Rd	0.23mi	3/2.0	1,610 (-4%)	10mo	$125,000	$78	73
4400 Alba Rd	0.21mi	4/2.0 (+1)	1,792 (+7%)	1mo	$50,000	$28	70
20201 Old Spanish Trail Trl	0.34mi	2/2.5 (-1)	1,800 (+8%)	3mo	$126,700	$70	64

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: -42.1%
• Equity multiple: -0.31×
• Total profit: $-94,979
• Equity at exit: $38,752

10-year hold

• IRR: -70.1%
• Equity multiple: -1.06×
• Total profit: $-150,161
• Equity at exit: $22,471

Cash invested: $72,772 (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 70129

• Active inventory: 139
• Price-to-rent: 13.3×

Monthly cashflow live

• Estimated rent: $1,626 medium
• Mortgage (P&I): −$1,363
• Tax from tax record: −$220 /mo · $2,643/yr
• Insurance: −$108
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$341
• Net cashflow: $-834

Break-even live

Break-even rent $2,681

Max offer price $112,657

Occupancy floor —

Sensitivity live

Price	-10% $-686	-5% $-760	+0% $-834	+5% $-907	+10% $-981
Rent	-10% $-962	-5% $-898	+0% $-834	+5% $-769	+10% $-705
Rate	-1.0pp $-703	-0.5pp $-767	base $-834	+0.5pp $-901	+1.0pp $-969

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: $64,975
• Closing costs: $7,797
• Reserves months: —
• Total cash needed: —

Listing history 28 events

1. 2026-06-18
   days on market $259,900 Active 132 DOM
2. 2026-06-17
   days on market $259,900 Active 131 DOM
3. 2026-06-16
   days on market $259,900 Active 130 DOM
4. 2026-06-15
   days on market $259,900 Active 129 DOM
5. 2026-06-13
   days on market $259,900 Active 127 DOM
6. 2026-06-10
   days on market $259,900 Active 124 DOM
7. 2026-06-09
   days on market $259,900 Active 123 DOM
8. 2026-06-08
   pricedays on market $259,900 Active 122 DOM
9. 2026-06-07
   days on market $279,900 Active 121 DOM
10. 2026-06-05
    days on market $279,900 Active 118 DOM
11. 2026-06-03
    days on market $279,900 Active 117 DOM
12. 2026-06-02
    days on market $279,900 Active 116 DOM
13. 2026-06-01
    days on market $279,900 Active 115 DOM
14. 2026-05-31
    days on market $279,900 Active 114 DOM
15. 2026-05-04
    price $279,900 1952-char remark

    Show marketing remark (2022 chars)

    Experience relaxed coastal living on Bayou Sauvage in the heart of Venetian Isles. This raised home is designed for enjoying life on the water, featuring a covered boat lift, floating dock, and an expansive covered ground-level space ideal for crawfish boils, game days, and memorable gatherings with friends and family. The first-floor living space offers an open, light-filled layout with gleaming hardwood floors, spacious living and den areas with built-in media cabinetry, and a separate wet bar—creating a seamless flow for entertaining. A wall of windows in the den opens to the rear deck, where canal views and stunning sunsets provide the perfect backdrop for evening get-togethers. The kitchen features abundant cabinetry and quartz countertops and is thoughtfully positioned to stay connected to the main living areas, making hosting effortless whether entertaining a crowd or enjoying casual evenings at home. Additional highlights include plentiful off-street parking, extensive storage, and a generous yard—ideal for both everyday living and larger events. Venetian Isles is celebrated for its tight-knit community and signature events such as the Crawfish Cook-Off, Fishing Rodeo, and Santa’s Boat Parade. From your own dock, enjoy easy boat access to Lakes Catherine, Lake Pontchartrain, Lake Borgne, and the Rigolets, offering exceptional fishing, kayaking, bird watching, and endless outdoor recreation right outside your door. Additional features: • Living area did not flood during Hurricane Katrina (2005) • Elevation Certificate attached: 16.22 feet • Spray foam insulation • Cargo elevator Seller Improvements Timeline: • 1993: Expanded deck • 1994: Kitchen remodel, primary bath remodel, wet bar remodel • 2005: Flooring replaced throughout, 5th bedroom converted to utility room, ceilings and walls replaced, roof replaced • 2017: Interior doors and windows replaced; boathouse added • 2024: Both A/C units replaced; new roof

16. 2026-05-04
    price $279,900 2022-char remark

    Show marketing remark (2022 chars)

    Experience relaxed coastal living on Bayou Sauvage in the heart of Venetian Isles. This raised home is designed for enjoying life on the water, featuring a covered boat lift, floating dock, and an expansive covered ground-level space ideal for crawfish boils, game days, and memorable gatherings with friends and family. The first-floor living space offers an open, light-filled layout with gleaming hardwood floors, spacious living and den areas with built-in media cabinetry, and a separate wet bar—creating a seamless flow for entertaining. A wall of windows in the den opens to the rear deck, where canal views and stunning sunsets provide the perfect backdrop for evening get-togethers. The kitchen features abundant cabinetry and quartz countertops and is thoughtfully positioned to stay connected to the main living areas, making hosting effortless whether entertaining a crowd or enjoying casual evenings at home. Additional highlights include plentiful off-street parking, extensive storage, and a generous yard—ideal for both everyday living and larger events. Venetian Isles is celebrated for its tight-knit community and signature events such as the Crawfish Cook-Off, Fishing Rodeo, and Santa’s Boat Parade. From your own dock, enjoy easy boat access to Lakes Catherine, Lake Pontchartrain, Lake Borgne, and the Rigolets, offering exceptional fishing, kayaking, bird watching, and endless outdoor recreation right outside your door. Additional features: • Living area did not flood during Hurricane Katrina (2005) • Elevation Certificate attached: 16.22 feet • Spray foam insulation • Cargo elevator Seller Improvements Timeline: • 1993: Expanded deck • 1994: Kitchen remodel, primary bath remodel, wet bar remodel • 2005: Flooring replaced throughout, 5th bedroom converted to utility room, ceilings and walls replaced, roof replaced • 2017: Interior doors and windows replaced; boathouse added • 2024: Both A/C units replaced; new roof

17. 2026-04-03
    price $289,900 1952-char remark

    Show marketing remark (2022 chars)

    Experience relaxed coastal living on Bayou Sauvage in the heart of Venetian Isles. This raised home is designed for enjoying life on the water, featuring a covered boat lift, floating dock, and an expansive covered ground-level space ideal for crawfish boils, game days, and memorable gatherings with friends and family. The first-floor living space offers an open, light-filled layout with gleaming hardwood floors, spacious living and den areas with built-in media cabinetry, and a separate wet bar—creating a seamless flow for entertaining. A wall of windows in the den opens to the rear deck, where canal views and stunning sunsets provide the perfect backdrop for evening get-togethers. The kitchen features abundant cabinetry and quartz countertops and is thoughtfully positioned to stay connected to the main living areas, making hosting effortless whether entertaining a crowd or enjoying casual evenings at home. Additional highlights include plentiful off-street parking, extensive storage, and a generous yard—ideal for both everyday living and larger events. Venetian Isles is celebrated for its tight-knit community and signature events such as the Crawfish Cook-Off, Fishing Rodeo, and Santa’s Boat Parade. From your own dock, enjoy easy boat access to Lakes Catherine, Lake Pontchartrain, Lake Borgne, and the Rigolets, offering exceptional fishing, kayaking, bird watching, and endless outdoor recreation right outside your door. Additional features: • Living area did not flood during Hurricane Katrina (2005) • Elevation Certificate attached: 16.22 feet • Spray foam insulation • Cargo elevator Seller Improvements Timeline: • 1993: Expanded deck • 1994: Kitchen remodel, primary bath remodel, wet bar remodel • 2005: Flooring replaced throughout, 5th bedroom converted to utility room, ceilings and walls replaced, roof replaced • 2017: Interior doors and windows replaced; boathouse added • 2024: Both A/C units replaced; new roof

18. 2026-04-03
    price $289,900 2022-char remark

    Show marketing remark (2022 chars)

    Experience relaxed coastal living on Bayou Sauvage in the heart of Venetian Isles. This raised home is designed for enjoying life on the water, featuring a covered boat lift, floating dock, and an expansive covered ground-level space ideal for crawfish boils, game days, and memorable gatherings with friends and family. The first-floor living space offers an open, light-filled layout with gleaming hardwood floors, spacious living and den areas with built-in media cabinetry, and a separate wet bar—creating a seamless flow for entertaining. A wall of windows in the den opens to the rear deck, where canal views and stunning sunsets provide the perfect backdrop for evening get-togethers. The kitchen features abundant cabinetry and quartz countertops and is thoughtfully positioned to stay connected to the main living areas, making hosting effortless whether entertaining a crowd or enjoying casual evenings at home. Additional highlights include plentiful off-street parking, extensive storage, and a generous yard—ideal for both everyday living and larger events. Venetian Isles is celebrated for its tight-knit community and signature events such as the Crawfish Cook-Off, Fishing Rodeo, and Santa’s Boat Parade. From your own dock, enjoy easy boat access to Lakes Catherine, Lake Pontchartrain, Lake Borgne, and the Rigolets, offering exceptional fishing, kayaking, bird watching, and endless outdoor recreation right outside your door. Additional features: • Living area did not flood during Hurricane Katrina (2005) • Elevation Certificate attached: 16.22 feet • Spray foam insulation • Cargo elevator Seller Improvements Timeline: • 1993: Expanded deck • 1994: Kitchen remodel, primary bath remodel, wet bar remodel • 2005: Flooring replaced throughout, 5th bedroom converted to utility room, ceilings and walls replaced, roof replaced • 2017: Interior doors and windows replaced; boathouse added • 2024: Both A/C units replaced; new roof

19. 2026-02-19
    price $299,900 1952-char remark

    Show marketing remark (2022 chars)

    Experience relaxed coastal living on Bayou Sauvage in the heart of Venetian Isles. This raised home is designed for enjoying life on the water, featuring a covered boat lift, floating dock, and an expansive covered ground-level space ideal for crawfish boils, game days, and memorable gatherings with friends and family. The first-floor living space offers an open, light-filled layout with gleaming hardwood floors, spacious living and den areas with built-in media cabinetry, and a separate wet bar—creating a seamless flow for entertaining. A wall of windows in the den opens to the rear deck, where canal views and stunning sunsets provide the perfect backdrop for evening get-togethers. The kitchen features abundant cabinetry and quartz countertops and is thoughtfully positioned to stay connected to the main living areas, making hosting effortless whether entertaining a crowd or enjoying casual evenings at home. Additional highlights include plentiful off-street parking, extensive storage, and a generous yard—ideal for both everyday living and larger events. Venetian Isles is celebrated for its tight-knit community and signature events such as the Crawfish Cook-Off, Fishing Rodeo, and Santa’s Boat Parade. From your own dock, enjoy easy boat access to Lakes Catherine, Lake Pontchartrain, Lake Borgne, and the Rigolets, offering exceptional fishing, kayaking, bird watching, and endless outdoor recreation right outside your door. Additional features: • Living area did not flood during Hurricane Katrina (2005) • Elevation Certificate attached: 16.22 feet • Spray foam insulation • Cargo elevator Seller Improvements Timeline: • 1993: Expanded deck • 1994: Kitchen remodel, primary bath remodel, wet bar remodel • 2005: Flooring replaced throughout, 5th bedroom converted to utility room, ceilings and walls replaced, roof replaced • 2017: Interior doors and windows replaced; boathouse added • 2024: Both A/C units replaced; new roof

20. 2026-02-19
    price $299,900 2022-char remark

    Show marketing remark (2022 chars)

    Experience relaxed coastal living on Bayou Sauvage in the heart of Venetian Isles. This raised home is designed for enjoying life on the water, featuring a covered boat lift, floating dock, and an expansive covered ground-level space ideal for crawfish boils, game days, and memorable gatherings with friends and family. The first-floor living space offers an open, light-filled layout with gleaming hardwood floors, spacious living and den areas with built-in media cabinetry, and a separate wet bar—creating a seamless flow for entertaining. A wall of windows in the den opens to the rear deck, where canal views and stunning sunsets provide the perfect backdrop for evening get-togethers. The kitchen features abundant cabinetry and quartz countertops and is thoughtfully positioned to stay connected to the main living areas, making hosting effortless whether entertaining a crowd or enjoying casual evenings at home. Additional highlights include plentiful off-street parking, extensive storage, and a generous yard—ideal for both everyday living and larger events. Venetian Isles is celebrated for its tight-knit community and signature events such as the Crawfish Cook-Off, Fishing Rodeo, and Santa’s Boat Parade. From your own dock, enjoy easy boat access to Lakes Catherine, Lake Pontchartrain, Lake Borgne, and the Rigolets, offering exceptional fishing, kayaking, bird watching, and endless outdoor recreation right outside your door. Additional features: • Living area did not flood during Hurricane Katrina (2005) • Elevation Certificate attached: 16.22 feet • Spray foam insulation • Cargo elevator Seller Improvements Timeline: • 1993: Expanded deck • 1994: Kitchen remodel, primary bath remodel, wet bar remodel • 2005: Flooring replaced throughout, 5th bedroom converted to utility room, ceilings and walls replaced, roof replaced • 2017: Interior doors and windows replaced; boathouse added • 2024: Both A/C units replaced; new roof

21. 2026-02-06
    listed $315,000 Active 1952-char remark

    Show marketing remark (2022 chars)

    Experience relaxed coastal living on Bayou Sauvage in the heart of Venetian Isles. This raised home is designed for enjoying life on the water, featuring a covered boat lift, floating dock, and an expansive covered ground-level space ideal for crawfish boils, game days, and memorable gatherings with friends and family. The first-floor living space offers an open, light-filled layout with gleaming hardwood floors, spacious living and den areas with built-in media cabinetry, and a separate wet bar—creating a seamless flow for entertaining. A wall of windows in the den opens to the rear deck, where canal views and stunning sunsets provide the perfect backdrop for evening get-togethers. The kitchen features abundant cabinetry and quartz countertops and is thoughtfully positioned to stay connected to the main living areas, making hosting effortless whether entertaining a crowd or enjoying casual evenings at home. Additional highlights include plentiful off-street parking, extensive storage, and a generous yard—ideal for both everyday living and larger events. Venetian Isles is celebrated for its tight-knit community and signature events such as the Crawfish Cook-Off, Fishing Rodeo, and Santa’s Boat Parade. From your own dock, enjoy easy boat access to Lakes Catherine, Lake Pontchartrain, Lake Borgne, and the Rigolets, offering exceptional fishing, kayaking, bird watching, and endless outdoor recreation right outside your door. Additional features: • Living area did not flood during Hurricane Katrina (2005) • Elevation Certificate attached: 16.22 feet • Spray foam insulation • Cargo elevator Seller Improvements Timeline: • 1993: Expanded deck • 1994: Kitchen remodel, primary bath remodel, wet bar remodel • 2005: Flooring replaced throughout, 5th bedroom converted to utility room, ceilings and walls replaced, roof replaced • 2017: Interior doors and windows replaced; boathouse added • 2024: Both A/C units replaced; new roof

22. 2026-02-06
    listed $315,000 Active 2022-char remark

    Show marketing remark (2022 chars)

    Experience relaxed coastal living on Bayou Sauvage in the heart of Venetian Isles. This raised home is designed for enjoying life on the water, featuring a covered boat lift, floating dock, and an expansive covered ground-level space ideal for crawfish boils, game days, and memorable gatherings with friends and family. The first-floor living space offers an open, light-filled layout with gleaming hardwood floors, spacious living and den areas with built-in media cabinetry, and a separate wet bar—creating a seamless flow for entertaining. A wall of windows in the den opens to the rear deck, where canal views and stunning sunsets provide the perfect backdrop for evening get-togethers. The kitchen features abundant cabinetry and quartz countertops and is thoughtfully positioned to stay connected to the main living areas, making hosting effortless whether entertaining a crowd or enjoying casual evenings at home. Additional highlights include plentiful off-street parking, extensive storage, and a generous yard—ideal for both everyday living and larger events. Venetian Isles is celebrated for its tight-knit community and signature events such as the Crawfish Cook-Off, Fishing Rodeo, and Santa’s Boat Parade. From your own dock, enjoy easy boat access to Lakes Catherine, Lake Pontchartrain, Lake Borgne, and the Rigolets, offering exceptional fishing, kayaking, bird watching, and endless outdoor recreation right outside your door. Additional features: • Living area did not flood during Hurricane Katrina (2005) • Elevation Certificate attached: 16.22 feet • Spray foam insulation • Cargo elevator Seller Improvements Timeline: • 1993: Expanded deck • 1994: Kitchen remodel, primary bath remodel, wet bar remodel • 2005: Flooring replaced throughout, 5th bedroom converted to utility room, ceilings and walls replaced, roof replaced • 2017: Interior doors and windows replaced; boathouse added • 2024: Both A/C units replaced; new roof

23. 2025-09-26
    price $325,000
24. 2025-09-26
    price $325,000
25. 2025-06-07
    price $349,000
26. 2025-06-07
    price $349,000
27. 2024-11-25
    listed $375,000 Active
28. 1990-10-24
    soldstatus $110,000

ⓘ 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: $2,643 · $220/mo
• Projected year-2 tax: $2,643 · $220/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 9/10 Extreme FEMA zone AE · 99% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 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 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,512
• − Mortgage interest: −$14,558
• − Property taxes: −$2,643
• − Insurance: −$6,418
• − Repairs & maintenance: −$1,561
• − Management: −$1,561
• − Depreciation: −$7,561
• Taxable loss: −$14,790
• Est. tax savings @ 24.0%: +$3,550
• After-tax cash flow: $-6,452/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
• City population: 338,817
• Population (ZIP): 10,219

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 0.65)
• Race & ethnicity: Black 49% Asian 29% Hispanic / Latino 12% White 8% Two or more races 2%
• Hispanic origin (detail): Mexican 2%
• Common ancestry: Lithuanian 1%
• Foreign-born: 32% · Vietnam, Canada, Jamaica
• Languages at home: 63% English-only · Vietnamese 29% Spanish 8%

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: ▼ -80.58%
• Current HPI: 116.8578
• 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

+154.5% since first listed

14 events — show timeline

• 2026-05-04 Price Changed $279,900 AcadianaMLS
• 2026-05-04 Price Changed $279,900 GSREIN
• 2026-04-03 Price Changed $289,900 AcadianaMLS
• 2026-04-03 Price Changed $289,900 GSREIN
• 2026-02-19 Price Changed $299,900 AcadianaMLS
• 2026-02-19 Price Changed $299,900 GSREIN
• 2026-02-06 Listed $315,000 GSREIN
• 2026-02-06 Listed $315,000 AcadianaMLS
• 2025-09-26 Price Changed $325,000 AcadianaMLS
• 2025-09-26 Price Changed $325,000 GSREIN
• 2025-06-07 Price Changed $349,000 AcadianaMLS
• 2025-06-07 Price Changed $349,000 GSREIN
• 2024-11-25 Listed $375,000 AcadianaMLS
• 1990-10-24 Sold (Public Records) $110,000 Public Records

Property tax history

+1.2%/yr

Latest (2026): $2,643 · +29.7% YoY. Source: county tax records.