4245 W Loyola Dr · Kenner, LA 70065

$149,000

3 bd · 2.0 ba · 1,261 sqft · SingleFamily · 21 Days on market

Built 1980 5,501 sqft lot $118/sqft · 38% below area Est $239k · 38% under

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Why this score? — see what drove the B grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +7.7/10.0
• Livability +3.9/5.0
• Schools +2.5/10.0
• Condition / age +2.5/5.0
• Rent growth +1.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This property located in a highly demanding area, it features three bedrooms and two bathrooms, a roof approximately five years old, and a water heater installed in 2023. Additionally, it includes a covered patio overlooking a large yard and a workshop that provides extra storage or hobby space. While the property requires some TLC, it would make an excellent starter home or a profitable investment property.

Key facts

• Extra storage
• Large yard
• Covered patio

Tags

• COVERED PATIO
• LARGE YARD
• WORKSHOP
• EXTRA STORAGE
• HOBBY SPACE

Property features AI

Exterior

• Parking: Driveway
• Utilities: Public water; Public sewer
• Home design: Single-story; Brick construction; Shingle roof; Slab foundation; Average condition
• Construction: Built with brick; Shingle roof; Slab foundation
• Exterior features: Fenced yard; Permeable paving; Covered porch/patio; Workshop/other outbuilding; City lot, rectangular

Interior

• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Ceiling fan(s)

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $149k.

Deal economics

• At list price, monthly cash flow is $566 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $149k).
• Recommended offer: $147k (1.5% below list) — sets the bar for market timing.
• Cap rate 10.9% vs local median 5.3% in Kenner — 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 78/100 on livability (#6 in LA, #2,414 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities C-, employment C-, crime D.
• 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 falling (-4.2%/yr); 292 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 20d on market — plan ~3-4 weeks tenant-placement turnaround); 518 units permitted in Jefferson Parish in 2024 (43 in 5+ unit buildings).
• This rent runs 34% of the median local income ($67k/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 $4k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 21 days — a 2% lower offer ($147k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 26y ago; this cycle's ask has dropped $10k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $89k; list at $149k implies a 67% gain — meaningful room to come down on a strong offer.

Recommended offer $146,765 (1.5% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
3. 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.
4. 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.
5. 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: 1.27% ✓
• Cap rate: 10.85%
• Cash-on-cash: 16.29%
• DSCR: 1.72
• GRM: 6.6

CMA / ARV

• ARV (median comp): $238,743
• List price: $149,000
• Delta: -37.59%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4212 W Loyola Dr	0.08mi	3/2.0	1,347 (+7%)	8mo	$215,000	$160	78
4109 Tulane Dr	0.31mi	3/2.0	1,215 (-4%)	2mo	$210,000	$173	78
4245 E Loyola Dr	0.54mi	3/2.0	1,300 (+3%)	1mo	$239,000	$184	68
4133 E Loyola Dr	0.55mi	3/2.0	1,262 (+0%)	10mo	$218,000	$173	66
4105 W Louisiana State Dr	0.30mi	3/2.0	1,170 (-7%)	12mo	$259,950	$222	64
4037 W Louisiana State Dr	0.42mi	3/2.0	1,393 (+10%)	1mo	$240,000	$172	62
4104 E Louisiana State Dr	0.66mi	3/2.0	1,208 (-4%)	3mo	$205,000	$170	60
4164 Ole Miss Dr	0.66mi	3/1.5	1,253 (-1%)	8mo	$151,250	$121	60
4244 E Loyola Dr	0.56mi	3/2.0	1,225 (-3%)	12mo	$130,000	$106	59
3860 Tulane Dr	0.58mi	3/1.5	1,192 (-6%)	7mo	$175,000	$147	56
4041 E Louisiana State Dr	0.70mi	3/2.0	1,350 (+7%)	0mo	$250,000	$185	56
509 Vassar Ct	0.58mi	3/2.0	1,328 (+5%)	13mo	$232,500	$175	53

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

Projected returns pro-forma

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

5-year hold

• IRR: 4.1%
• Equity multiple: 1.15×
• Total profit: $6,355
• Equity at exit: $22,216

10-year hold

• IRR: 10.7%
• Equity multiple: 1.73×
• Total profit: $30,444
• Equity at exit: $12,883

Cash invested: $41,720 (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 70065

• Rents YoY: -4.2%
• Active inventory: 292
• Price-to-rent: 6.6×

Monthly cashflow live

• Estimated rent: $1,889 high
• Mortgage (P&I): −$781
• Tax from tax record: −$83 /mo · $990/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$397
• Net cashflow: $566

Break-even live

Break-even rent $1,172

Max offer price $149,000

Occupancy floor 65%

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: $37,250
• Closing costs: $4,470
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
505 Vassar Ct Kenner, LA	3.0	2.0	1300	$1,800	$1.38	43d	1	0.56mi
4329 Loire Dr Apt D Kenner, LA	3.0	2.0	1300	$1,500	$1.15	4d	1	0.67mi
4321 Loire Dr Unit D Kenner, LA	3.0	2.0	1250	$1,500	$1.20	14d	1	0.67mi
3816 W Louisiana State Dr Kenner, LA	3.0	2.0	1400	$1,800	$1.29	11d	1	0.71mi
3808 Tulane Dr Kenner, LA	3.0	2.0	1220	$2,000	$1.64	43d	1	0.74mi
3872 E Loyola Dr Kenner, LA	3.0	2.0	1170	$1,575	$1.35	20d	1	0.78mi
3800 Grandlake Blvd Kenner, LA	1.0–2.0	1.0–2.0	950	$1,535	$1.62	4d	1	0.78mi
708 Vouray Dr Unit A Kenner, LA	2.0	1.5	1200	$1,200	$1.00	14d	1	0.84mi
604 Vintage Dr Unit C Kenner, LA	2.0	2.5	1200	$1,350	$1.12	43d	1	0.91mi
3700 Loyola Dr Unit 377 Kenner, LA	2.0	2.0	1110	$1,495	$1.35	43d	1	1.02mi
3655 Loyola Dr Unit F460 Kenner, LA	2.0	2.0	1330	$2,280	$1.71	1d	1	1.02mi
901 Sunset Blvd Kenner, LA	2.0	2.5	1219	$1,800	$1.48	4d	1	1.02mi
800 Joe Yenni Blvd Kenner, LA	2.0	1.0–2.0	780	$1,400	$1.79	43d	1	1.03mi
3655 W Loyola Dr Kenner, LA	1.0–2.0	1.0–2.0	1169	$2,345	$2.01	1d	35	1.05mi
909 Vouray Dr Unit c Kenner, LA	2.0	1.5	1200	$1,200	$1.00	43d	1	1.06mi
3600 Loyola Dr Unit 353 Kenner, LA	2.0	2.0	1100	$1,445	$1.31	43d	1	1.07mi
913 Vouray Dr Unit C Kenner, LA	2.0	1.5	1200	$1,200	$1.00	43d	1	1.07mi
3655 Loyola Dr Unit D236 Kenner, LA	2.0	2.0	1367	$2,320	$1.70	1d	1	1.08mi
3655 Loyola Dr Unit C329 Kenner, LA	2.0	2.0	1349	$2,320	$1.72	43d	1	1.08mi
3655 Loyola Dr Unit C229 Kenner, LA	2.0	2.0	1349	$2,335	$1.73	43d	1	1.08mi
3655 Loyola Dr Apt F261 Kenner, LA	2.0	2.0	1330	$2,425	$1.82	14d	1	1.08mi
3655 Loyola Dr Unit F158 Kenner, LA	2.0	2.0	1367	$2,445	$1.79	14d	1	1.08mi
3655 Loyola Dr Unit C223 Kenner, LA	2.0	2.0	1330	$2,295	$1.73	1d	1	1.08mi
3655 Loyola Dr Unit C224 Kenner, LA	2.0	2.0	1367	$2,305	$1.69	1d	1	1.08mi
3655 Loyola Dr Unit F361 Kenner, LA	2.0	2.0	1330	$2,395	$1.80	23d	1	1.08mi
4213 Paradis Ln Kenner, LA	3.0	2.5	1510	$2,000	$1.32	4d	1	1.12mi
4206 Paradis Ln Kenner, LA	3.0	2.5	1350	$1,950	$1.44	23d	1	1.14mi
4213 Arbor Ct Unit A Kenner, LA	2.0	1.5	1027	$1,320	$1.29	43d	1	1.15mi
3600 W Loyola Dr Unit 182 Kenner, LA	2.0	2.0	1052	$1,515	$1.44	43d	1	1.15mi
3600 W Loyola Dr Unit 298 Kenner, LA	2.0	2.0	1586	$1,750	$1.10	21d	1	1.15mi
3600 W Loyola Dr Unit 270 Kenner, LA	2.0	2.0	1570	$1,860	$1.18	1d	1	1.15mi
3600 W Loyola Dr Unit 271 Kenner, LA	2.0	2.0	1586	$1,855	$1.17	1d	1	1.15mi
3600 W Loyola Dr Unit 159 Kenner, LA	2.0	2.0	1052	$1,520	$1.44	43d	1	1.15mi
1012 St Julien Dr Apt F4 Kenner, LA	2.0	2.5	1271	$1,400	$1.10	20d	1	1.17mi
4212 Arbor Ct Unit D Kenner, LA	2.0	1.5	1079	$1,320	$1.22	43d	1	1.18mi
1014 Saint Julien Dr Unit c2 Kenner, LA	3.0	2.5	1450	$1,850	$1.28	3d	1	1.20mi
4204 Asher Ct Apt D Kenner, LA	2.0	1.5	1250	$1,250	$1.00	14d	1	1.24mi
3608 E Louisiana State Dr Kenner, LA	3.0	2.0	1800	$2,275	$1.26	1d	1	1.24mi
4129 Chateau Blvd Unit C Kenner, LA	2.0	1.5	1400	$1,425	$1.02	4d	1	1.28mi
4230 Chateau Blvd Unit C Kenner, LA	2.0	2.0	1100	$1,300	$1.18	23d	1	1.31mi

Listing history 11 events

1. 2026-05-15
   price $149,000 411-char remark

   Show marketing remark (411 chars)

   This property located in a highly demanding area, it features three bedrooms and two bathrooms, a roof approximately five years old, and a water heater installed in 2023. Additionally, it includes a covered patio overlooking a large yard and a workshop that provides extra storage or hobby space. While the property requires some TLC, it would make an excellent starter home or a profitable investment property.

2. 2026-05-15
   price $149,000 411-char remark

   Show marketing remark (411 chars)

   This property located in a highly demanding area, it features three bedrooms and two bathrooms, a roof approximately five years old, and a water heater installed in 2023. Additionally, it includes a covered patio overlooking a large yard and a workshop that provides extra storage or hobby space. While the property requires some TLC, it would make an excellent starter home or a profitable investment property.

3. 2026-05-07
   listed $159,000 Active 411-char remark

   Show marketing remark (411 chars)

   This property located in a highly demanding area, it features three bedrooms and two bathrooms, a roof approximately five years old, and a water heater installed in 2023. Additionally, it includes a covered patio overlooking a large yard and a workshop that provides extra storage or hobby space. While the property requires some TLC, it would make an excellent starter home or a profitable investment property.

4. 2026-05-07
   listed $159,000 Active 411-char remark

   Show marketing remark (411 chars)

   This property located in a highly demanding area, it features three bedrooms and two bathrooms, a roof approximately five years old, and a water heater installed in 2023. Additionally, it includes a covered patio overlooking a large yard and a workshop that provides extra storage or hobby space. While the property requires some TLC, it would make an excellent starter home or a profitable investment property.

5. 2006-03-31
   soldstatus $89,000
6. 2005-12-31
   listed $98,000
7. 2005-12-31
   listed $98,000
8. 2000-06-12
   soldstatus $79,000
9. 2000-06-01
   soldstatus $79,000
10. 2000-04-25
    listed $81,900
11. 2000-04-25
    listed $81,900

ⓘ 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: $990 · $83/mo
• Projected year-2 tax: $990 · $83/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Taxation est. · year 1

• Rental income: $22,668
• − Mortgage interest: −$8,346
• − Property taxes: −$990
• − Insurance: −$745
• − Repairs & maintenance: −$1,813
• − Management: −$1,813
• − Depreciation: −$4,335
• Taxable income: $4,625
• Est. tax owed @ 24.0%: −$1,110
• After-tax cash flow: $5,686/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 — Kenner

• Score: 78/100
• State rank: #6
• US rank: #2414

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Kenner, LA
• County: Jefferson Parish · 426,999 people
• City population: 66,707
• Metro: New Orleans-Metairie, LA
• Population (ZIP): 48,936
• Household income: $67,285
• Rent vs Own: 34.0% rent · 66.0% own
• Severe rent burden: 1906.0

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: Diverse neighborhood (Simpson 0.69)
• Race & ethnicity: White 47% Hispanic / Latino 27% Two or more races 15% Black 15% Asian 6%
• Hispanic origin (detail): Mexican 2% Puerto Rican 3% Cuban 2%
• Common ancestry: Lithuanian 9% Slovak 1% Italian 1%
• Foreign-born: 19% · Canada, China, Vietnam
• Languages at home: 72% English-only · Spanish 21% 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: ▼ -214.79%
• Current HPI: 139.5115
• Rent YoY: ▼ -4.19%
• 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

+81.9% since first listed

13 events — show timeline

• 2026-05-29 Pending — AcadianaMLS
• 2026-05-29 Pending — GSREIN
• 2026-05-15 Price Changed $149,000 AcadianaMLS
• 2026-05-15 Price Changed $149,000 GSREIN
• 2026-05-07 Listed $159,000 GSREIN
• 2026-05-07 Listed $159,000 AcadianaMLS
• 2006-03-31 Sold (MLS) $89,000 GSREIN
• 2005-12-31 Listed $98,000 GSREIN
• 2005-12-31 Listed $98,000 AcadianaMLS
• 2000-06-12 Sold (MLS) $79,000 GSREIN
• 2000-06-01 Sold (Public Records) $79,000 Public Records
• 2000-04-25 Listed $81,900 GSREIN
• 2000-04-25 Listed $81,900 AcadianaMLS

Property tax history

+2.6%/yr

Latest (2025): $990 · -0.4% YoY. Source: county tax records.