812 Martin Behrman Ave Unit G · Metairie, LA
Flood risk No data
- FEMA flood zone
- —
- Chance of flooding over 30 yrs
- —
- Est. flood insurance / yr
- —
Fire risk No data
- Est. fire insurance / yr
- —
Heat risk No data
- Hot days now (above threshold)
- —
- Hot days in 30 yrs
- —
Wind risk No data
- Chance of severe wind over 30 yrs
- —
Air-quality risk No data
- Unhealthy air days now
- —
- Unhealthy air days in 30 yrs
- —
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 +22.8/30.0
- 1% rule +9.8/10.0
- ARV discount +9.8/15.0
- DSCR +7.3/10.0
- Livability +4.4/5.0
- Schools +2.5/10.0
- Condition / age +2.5/5.0
- Rent growth +2.4/5.0
- Appreciation +0.0/10.0
$89,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
HUGE PRICE REDUCTION, INVESTORS SPECIAL with OWNER FINANCING! Location is everything! Skip the Bank and close fast! This will be a great addtion to your inventory or first time home-byer. This Condo has 1 Bedrooms and 1 Bathroom. Come see this well kept Condo in the heart of Metairie, minutes from top-tier amenities and local activities. FIRST FLOOR unit with a terrace for your early morning coffee, accessible via a newer sliding door with louvers (updated 2 years ago). This unit is in excelent condition, some updates two years ago were done; Freshly painted and featuring a new laminate floor in the bedroom. Includes a newer refrigerator, range, oven, and microwave (all just 2 years old). A great price point for a prime Metairie location with a reasonable HOA fee of $293.73/month. CALL FOR AN APPOITMENT OR MORE INFORMATION CASH or NON-CONFORMING LOAN. Won't qualify FHA, VA .
Key facts
- Fresly painted
- Terrace
- First floor unit
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 1-bed/1.0-bath townhouse listed at $89k.
Deal economics
- At list price, monthly cash flow is $154 ($2k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $89k).
- Recommended offer: $78k (12.0% below list) — sets the bar for market timing.
- Cap rate 8.4% 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 soft (-0.3%/yr); 178 active listings in the ZIP; 32 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 41% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 518 units permitted in Jefferson Parish in 2024 (43 in 5+ unit buildings).
- This rent is only 18% of the median local income ($89k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $615 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
Negotiation context
- It's been on market 165 days — a 12% lower offer ($78k) is reasonable based on typical stale-listing flexibility.
- 7 sale attempts since 21y ago; this cycle's ask is 7317% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
Risks & watch-outs
- Watch-outs: HOA is 22% of rent.
Questions for the listing agent
- It's been on market 165 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1975 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- 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.
- 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
- 1.48% ✓
- Cap rate
- 8.37%
- Cash-on-cash
- 7.42%
- DSCR
- 1.33
- GRM
- 5.6
CMA / ARV
- ARV (on-the-fly)
- $93,800
- Comps found
- 5
Show comp detail 5 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 812 Martin Behrman Ave Unit O | 0.00mi | 1/1.0 | 700 (0%) | 10mo | $98,000 | $140 | 92 |
| 1161 Lake Ave #323 | 0.45mi | 1/1.0 | 750 (+7%) | 10mo | $75,000 | $100 | 59 |
| 1161 Lake Ave #116 | 0.45mi | 1/1.0 | 800 (+14%) | 3mo | $40,000 | $50 | 53 |
| 1161 Lake Ave #101 | 0.45mi | 1/1.0 | 780 (+11%) | 15mo | $110,000 | $141 | 48 |
| 1161 Lake Ave #216 | 0.45mi | 1/1.0 | 800 (+14%) | 24mo | $107,500 | $134 | 35 |
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
- -9.5%
- Equity multiple
- 0.67×
- Total profit
- $-8,276
- Equity at exit
- $13,270
- IRR
- -6.7%
- Equity multiple
- 0.65×
- Total profit
- $-8,717
- Equity at exit
- $7,695
Cash invested: $24,920 (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 70005
- Rents YoY
- -0.3%
- Active inventory
- 178
- Price-to-rent
- 5.6×
Monthly cashflow live
- Estimated rent
- $1,316 high interval (Pro) →
- Mortgage (P&I)
- −$467
- Tax from tax record
- −$88 /mo · $1,056/yr
- Insurance
- −$37
- HOA
- −$294
- Vacancy / Maint / Mgmt
- −$276
- Net cashflow
- $154
Break-even live
Sensitivity live
| Price | -10% $205 | -5% $179 | +0% $154 | +5% $129 | +10% $104 |
|---|---|---|---|---|---|
| Rent | -10% $50 | -5% $102 | +0% $154 | +5% $206 | +10% $258 |
| Rate | -1.0pp $199 | -0.5pp $177 | base $154 | +0.5pp $131 | +1.0pp $108 |
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
- $22,250
- Closing costs
- $2,670
- 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 32 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 812 Martin Behrman Ave Unit A Metairie, LA | 1.0 | 1.0 | 700 | $1,250 | $1.79 | 45d | 1 | 0.03mi |
| 800 Martin Behrman Ave Unit 203 Metairie, LA | 1.0 | 1.0 | 520 | $1,050 | $2.02 | 45d | 1 | 0.05mi |
| 800 Martin Behrman Ave Unit 205 Metairie, LA | 1.0 | 1.0 | 520 | $1,000 | $1.92 | 25d | 1 | 0.05mi |
| 1161 Lake Ave #120 Metairie, LA | 1.0 | 1.0 | 750 | $1,400 | $1.87 | 45d | 1 | 0.43mi |
| 509 E William David Pkwy Unit A Metairie, LA | 1.0 | 1.0 | 700 | $1,650 | $2.36 | 25d | 1 | 0.45mi |
| 213 Rosebud St Unit I Metairie, LA | 1.0 | 1.0 | 382 | $875 | $2.29 | 25d | 1 | 0.54mi |
| 506 Nursery Ave Metairie, LA | 2.0 | 1.0 | 725 | $1,500 | $2.07 | 5d | 1 | 0.71mi |
| 115 W Esplanade Ave Unit 7 Metairie, LA | 1.0 | 1.0 | 497 | $1,000 | $2.01 | 45d | 1 | 0.75mi |
| 115 W Esplanade Ave Unit 7 Metairie, LA | 1.0 | 1.0 | 500 | $1,000 | $2.00 | 25d | 1 | 0.75mi |
| 230 16th St New Orleans, LA | 2.0 | 1.0 | 750 | $1,875 | $2.50 | 3d | 1 | 0.79mi |
| 112 Glenn St Unit G Metairie, LA | 2.0 | 1.0 | 750 | $1,275 | $1.70 | 25d | 1 | 0.83mi |
| 6564 Fleur de Lis Dr New Orleans, LA | 1.0 | 1.0 | 600 | $1,050 | $1.75 | 25d | 1 | 0.87mi |
| 1554 Orpheum Ave Unit 2 Metairie, LA | 1.0 | 1.5 | 700 | $1,050 | $1.50 | 45d | 1 | 0.88mi |
| 1611 Hesiod St Apt 2 Metairie, LA | 1.0 | 1.0 | 500 | $995 | $1.99 | 45d | 1 | 0.91mi |
| 6650 Fleur De Lis Dr #5 New Orleans, LA | 1.0 | 1.0 | 600 | $1,100 | $1.83 | 25d | 1 | 0.93mi |
| 301 Seattle St New Orleans, LA | 2.0 | 1.0 | 660 | $1,475 | $2.23 | 22d | 3 | 0.93mi |
| 6629 Fleur De Lis Dr Apt 6 New Orleans, LA | 1.0 | 1.0 | 750 | $1,150 | $1.53 | 13d | 1 | 0.96mi |
| 505 Lake Ave Unit 3 Metairie, LA | 1.0 | 1.0 | 585 | $1,465 | $2.50 | 5d | 1 | 0.98mi |
| 1508 Seminole Ave Unit 207 Metairie, LA | 1.0 | 1.0 | 550 | $905 | $1.65 | 16d | 1 | 0.99mi |
| 420 Metairie Hammond Hwy Metairie, LA | 1.0–2.0 | 1.0 | 808 | $2,000 | $2.48 | 22d | 4 | 1.02mi |
| 420 Metairie Hammond Hwy Metairie, LA | 1.0–2.0 | 1.0 | 808 | $2,000 | $2.48 | 25d | 4 | 1.02mi |
| 117 Elmeer Ave Metairie, LA | 1.0 | 1.0 | 640 | $1,999 | $3.12 | 45d | 1 | 1.12mi |
| 132 Nursery Ave Metairie, LA | 1.0 | 1.0 | 564 | $1,500 | $2.66 | 45d | 1 | 1.16mi |
| 614 Metairie Rd Unit 12 Metairie, LA | 1.0 | 1.0 | 500 | $1,400 | $2.80 | 45d | 1 | 1.23mi |
| 500 Lake Marina Ave #212 New Orleans, LA | 1.0 | 1.0 | 676 | $1,800 | $2.66 | 4d | 1 | 1.30mi |
| 2511 Metairie Lawn Dr #215 Metairie, LA | 1.0 | 1.0 | 689 | $1,600 | $2.32 | 45d | 1 | 1.32mi |
| 325 Filmore Ave New Orleans, LA | 2.0 | 1.0 | 738 | $1,350 | $1.83 | 25d | 1 | 1.33mi |
| 3901 N I 10 Service Rd E Unit C322 Metairie, LA | 1.0 | 1.0 | 616 | $995 | $1.62 | 25d | 1 | 1.39mi |
| 3531 Ridgelake Dr Unit 3 Metairie, LA | 2.0 | 1.0 | 685 | $1,250 | $1.82 | 25d | 1 | 1.44mi |
| 3531 Ridgelake Dr Unit 3 Metairie, LA | 2.0 | 1.0 | 638 | $1,350 | $2.12 | 45d | 1 | 1.44mi |
| 3531 Ridgelake Dr Unit 3 Metairie, LA | 2.0 | 1.0 | 638 | $1,350 | $2.12 | 45d | 1 | 1.44mi |
| 3004 9th St Unit 104 Metairie, LA | 1.0 | 1.0 | 700 | $1,000 | $1.43 | 45d | 1 | 1.46mi |
HOA detail
- Monthly dues
- $294 · $3,528/yr
Listing history 20 events
-
2026-04-22status Pending 887-char remark
Show marketing remark (887 chars)
HUGE PRICE REDUCTION, INVESTORS SPECIAL with OWNER FINANCING! Location is everything! Skip the Bank and close fast! This will be a great addtion to your inventory or first time home-byer. This Condo has 1 Bedrooms and 1 Bathroom. Come see this well kept Condo in the heart of Metairie, minutes from top-tier amenities and local activities. FIRST FLOOR unit with a terrace for your early morning coffee, accessible via a newer sliding door with louvers (updated 2 years ago). This unit is in excelent condition, some updates two years ago were done; Freshly painted and featuring a new laminate floor in the bedroom. Includes a newer refrigerator, range, oven, and microwave (all just 2 years old). A great price point for a prime Metairie location with a reasonable HOA fee of $293.73/month. CALL FOR AN APPOITMENT OR MORE INFORMATION CASH or NON-CONFORMING LOAN. Won't qualify FHA, VA .
-
2026-04-22status Pending
Show marketing remark (887 chars)
HUGE PRICE REDUCTION, INVESTORS SPECIAL with OWNER FINANCING! Location is everything! Skip the Bank and close fast! This will be a great addtion to your inventory or first time home-byer. This Condo has 1 Bedrooms and 1 Bathroom. Come see this well kept Condo in the heart of Metairie, minutes from top-tier amenities and local activities. FIRST FLOOR unit with a terrace for your early morning coffee, accessible via a newer sliding door with louvers (updated 2 years ago). This unit is in excelent condition, some updates two years ago were done; Freshly painted and featuring a new laminate floor in the bedroom. Includes a newer refrigerator, range, oven, and microwave (all just 2 years old). A great price point for a prime Metairie location with a reasonable HOA fee of $293.73/month. CALL FOR AN APPOITMENT OR MORE INFORMATION CASH or NON-CONFORMING LOAN. Won't qualify FHA, VA .
-
2026-03-08historical $1,200
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2026-01-16price $89,000 887-char remark
Show marketing remark (887 chars)
HUGE PRICE REDUCTION, INVESTORS SPECIAL with OWNER FINANCING! Location is everything! Skip the Bank and close fast! This will be a great addtion to your inventory or first time home-byer. This Condo has 1 Bedrooms and 1 Bathroom. Come see this well kept Condo in the heart of Metairie, minutes from top-tier amenities and local activities. FIRST FLOOR unit with a terrace for your early morning coffee, accessible via a newer sliding door with louvers (updated 2 years ago). This unit is in excelent condition, some updates two years ago were done; Freshly painted and featuring a new laminate floor in the bedroom. Includes a newer refrigerator, range, oven, and microwave (all just 2 years old). A great price point for a prime Metairie location with a reasonable HOA fee of $293.73/month. CALL FOR AN APPOITMENT OR MORE INFORMATION CASH or NON-CONFORMING LOAN. Won't qualify FHA, VA .
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2026-01-16price $89,000
Show marketing remark (887 chars)
HUGE PRICE REDUCTION, INVESTORS SPECIAL with OWNER FINANCING! Location is everything! Skip the Bank and close fast! This will be a great addtion to your inventory or first time home-byer. This Condo has 1 Bedrooms and 1 Bathroom. Come see this well kept Condo in the heart of Metairie, minutes from top-tier amenities and local activities. FIRST FLOOR unit with a terrace for your early morning coffee, accessible via a newer sliding door with louvers (updated 2 years ago). This unit is in excelent condition, some updates two years ago were done; Freshly painted and featuring a new laminate floor in the bedroom. Includes a newer refrigerator, range, oven, and microwave (all just 2 years old). A great price point for a prime Metairie location with a reasonable HOA fee of $293.73/month. CALL FOR AN APPOITMENT OR MORE INFORMATION CASH or NON-CONFORMING LOAN. Won't qualify FHA, VA .
-
2025-12-25$1,200
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2025-12-06price $97,000 887-char remark
Show marketing remark (887 chars)
HUGE PRICE REDUCTION, INVESTORS SPECIAL with OWNER FINANCING! Location is everything! Skip the Bank and close fast! This will be a great addtion to your inventory or first time home-byer. This Condo has 1 Bedrooms and 1 Bathroom. Come see this well kept Condo in the heart of Metairie, minutes from top-tier amenities and local activities. FIRST FLOOR unit with a terrace for your early morning coffee, accessible via a newer sliding door with louvers (updated 2 years ago). This unit is in excelent condition, some updates two years ago were done; Freshly painted and featuring a new laminate floor in the bedroom. Includes a newer refrigerator, range, oven, and microwave (all just 2 years old). A great price point for a prime Metairie location with a reasonable HOA fee of $293.73/month. CALL FOR AN APPOITMENT OR MORE INFORMATION CASH or NON-CONFORMING LOAN. Won't qualify FHA, VA .
-
2025-12-06price $97,000
Show marketing remark (887 chars)
HUGE PRICE REDUCTION, INVESTORS SPECIAL with OWNER FINANCING! Location is everything! Skip the Bank and close fast! This will be a great addtion to your inventory or first time home-byer. This Condo has 1 Bedrooms and 1 Bathroom. Come see this well kept Condo in the heart of Metairie, minutes from top-tier amenities and local activities. FIRST FLOOR unit with a terrace for your early morning coffee, accessible via a newer sliding door with louvers (updated 2 years ago). This unit is in excelent condition, some updates two years ago were done; Freshly painted and featuring a new laminate floor in the bedroom. Includes a newer refrigerator, range, oven, and microwave (all just 2 years old). A great price point for a prime Metairie location with a reasonable HOA fee of $293.73/month. CALL FOR AN APPOITMENT OR MORE INFORMATION CASH or NON-CONFORMING LOAN. Won't qualify FHA, VA .
-
2025-11-08$110,000 Active 887-char remark
Show marketing remark (887 chars)
HUGE PRICE REDUCTION, INVESTORS SPECIAL with OWNER FINANCING! Location is everything! Skip the Bank and close fast! This will be a great addtion to your inventory or first time home-byer. This Condo has 1 Bedrooms and 1 Bathroom. Come see this well kept Condo in the heart of Metairie, minutes from top-tier amenities and local activities. FIRST FLOOR unit with a terrace for your early morning coffee, accessible via a newer sliding door with louvers (updated 2 years ago). This unit is in excelent condition, some updates two years ago were done; Freshly painted and featuring a new laminate floor in the bedroom. Includes a newer refrigerator, range, oven, and microwave (all just 2 years old). A great price point for a prime Metairie location with a reasonable HOA fee of $293.73/month. CALL FOR AN APPOITMENT OR MORE INFORMATION CASH or NON-CONFORMING LOAN. Won't qualify FHA, VA .
-
2025-11-08$110,000 Active
Show marketing remark (887 chars)
HUGE PRICE REDUCTION, INVESTORS SPECIAL with OWNER FINANCING! Location is everything! Skip the Bank and close fast! This will be a great addtion to your inventory or first time home-byer. This Condo has 1 Bedrooms and 1 Bathroom. Come see this well kept Condo in the heart of Metairie, minutes from top-tier amenities and local activities. FIRST FLOOR unit with a terrace for your early morning coffee, accessible via a newer sliding door with louvers (updated 2 years ago). This unit is in excelent condition, some updates two years ago were done; Freshly painted and featuring a new laminate floor in the bedroom. Includes a newer refrigerator, range, oven, and microwave (all just 2 years old). A great price point for a prime Metairie location with a reasonable HOA fee of $293.73/month. CALL FOR AN APPOITMENT OR MORE INFORMATION CASH or NON-CONFORMING LOAN. Won't qualify FHA, VA .
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2025-01-29historical $1,200
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2024-12-22price $1,200
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2024-10-10$1,250
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2023-12-11historical $1,150
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2023-11-29$1,150
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2023-10-31soldstatus $87,000
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2005-06-30soldstatus $87,500 188-char remark
Show marketing remark (188 chars)
MANY UPDATES, MOVE IN CONDITION. SMALL PATIO WITH PRIVATE FENCE. WASHER AND DRYER HOOKUPS IN UNIT. NEWER APPL, NEWER BATHROOM, NEW DRIVEWAY, FENCE. NEWER AC & HEAT. GREAT FLOOR PLAN.
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2005-01-03$95,000 188-char remark
Show marketing remark (188 chars)
MANY UPDATES, MOVE IN CONDITION. SMALL PATIO WITH PRIVATE FENCE. WASHER AND DRYER HOOKUPS IN UNIT. NEWER APPL, NEWER BATHROOM, NEW DRIVEWAY, FENCE. NEWER AC & HEAT. GREAT FLOOR PLAN.
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2005-01-03$95,000
Show marketing remark (188 chars)
MANY UPDATES, MOVE IN CONDITION. SMALL PATIO WITH PRIVATE FENCE. WASHER AND DRYER HOOKUPS IN UNIT. NEWER APPL, NEWER BATHROOM, NEW DRIVEWAY, FENCE. NEWER AC & HEAT. GREAT FLOOR PLAN.
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2000-12-01soldstatus $69,000
ⓘ 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
- $1,056 · $88/mo
- Projected year-2 tax
- $1,056 · $88/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $15,797
- − Mortgage interest
- −$4,985
- − Property taxes
- −$1,056
- − Insurance
- −$445
- − Repairs & maintenance
- −$1,264
- − Management
- −$1,264
- − HOA
- −$3,528
- − Depreciation
- −$2,589
- Taxable income
- $666
- Est. tax owed @ 24.0%
- −$160
- After-tax cash flow
- $1,690/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)
- 24,088
- Household income
- $89,194
- Rent vs Own
- Severe rent burden
- 711.0
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 (81%)
- Race & ethnicity
- White 81% Hispanic / Latino 13% Two or more races 8% Asian 2% Native American 2% Black 1%
- Hispanic origin (detail)
- Mexican 1%
- Common ancestry
- Lithuanian 21% Slovak 2% Iranian 1%
- Foreign-born
- 9% · Canada, China, Vietnam
- Languages at home
- 89% English-only · Spanish 8% French/Haitian/Cajun 1% Other Indo-European 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
- ▼ -371.32%
- Current HPI
- 142.4955
- Rent YoY
- ▼ -0.31%
- 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 |
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| Advertising | 1 | $2B |
|
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Price history
-98.3% since first listed20 events — show timeline
- 2026-04-22 Pending — AcadianaMLS
- 2026-04-22 Pending — GSREIN
- 2026-03-08 Rental Removed $1,200 GSREIN
- 2026-01-16 Price Changed $89,000 AcadianaMLS
- 2026-01-16 Price Changed $89,000 GSREIN
- 2025-12-25 Listed for Rent $1,200 GSREIN
- 2025-12-06 Price Changed $97,000 AcadianaMLS
- 2025-12-06 Price Changed $97,000 GSREIN
- 2025-11-08 Listed $110,000 GSREIN
- 2025-11-08 Listed $110,000 AcadianaMLS
- 2025-01-29 Rental Removed $1,200 GSREIN
- 2024-12-22 Price Changed $1,200 GSREIN
- 2024-10-10 Listed for Rent $1,250 GSREIN
- 2023-12-11 Rental Removed $1,150 GSREIN
- 2023-11-29 Listed for Rent $1,150 GSREIN
- 2023-10-31 Sold (Public Records) $87,000 Public Records
- 2005-06-30 Sold (MLS) $87,500 GSREIN
- 2005-01-03 Listed $95,000 AcadianaMLS
- 2005-01-03 Listed $95,000 GSREIN
- 2000-12-01 Sold (Public Records) $69,000 Public Records
Property tax history
+0.7%/yrLatest (2025): $1,056 · +0.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…