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212 W Lake Ct
D Composite 44.74
Why this score? — see what drove the D grade

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

  • ARV discount +12.5/15.0
  • Cash flow +12.1/30.0
  • Schools +4.3/10.0
  • DSCR +3.6/10.0
  • Livability +3.5/5.0
  • 1% rule +3.4/10.0
  • Rent growth +2.9/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$269,000

212 W Lake Ct · Slidell, LA 70461
3 bd · 2.0 ba · 1,780 sqft · SingleFamily public records · 65 Days on market
Built 2018 $151/sqft · 11% below area Est $302k · 11% under $62/mo HOA · 3% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

WELCOME TO THIS ADORABLE MAINTAINED 3 BEDROOM, 2 BATH HOME IN LAKESHORE VILLAGES SUBDIVISION OF SLIDELL. POSITIONED TO CAPTURE WATER VIEWS FROM YOUR LIVING ROOM, MASTER BEDROOM OR SCREENED IN BACK PORCH, IDEAL FOR SIPPING YOUR MORNING COFFEE OR UNWINDING WITH SUNSET SKIES. INSIDE, YOU'LL FIND AN OPEN CONCEPT LAYOUT FEATURING A KITCHEN THAT FLOWS INTO THE LIVING ROOM, GRANITE COUNTERTOPS, NEW MICROWAVE, GENEROUS PANTRY AND NATURAL LIGHT. THE MASTER BEDROOM IS OPPOSITE SIDE OF THE OTHER 2 BEDROOMS FOR PRIVACY, HAS A WALK IN CLOSET, GARDEN TUB AND NEWLY UPGRADED SHOWER WITH ADJUSTABLE SHOWER HEADS. THE ADDITONAL FRONT ROOM IS CURRENTLY USED AS A HOME OFFICE BUT CAN EASILY BE CONVERTED INTO A 4TH BEDROOM TO SUIT YOUR NEEDS. ENJOY THE CONVENIENCE OF INDOOR LAUNDRY-WASHER AND DRYER INCLUDED-AND BEAUTIFUL VINYL PLANK FLOORING THROUGHOUT-NO CARPET! FENCED IN BACKYARD WITH 4 FT PICKET FENCE, ALLOWING FOR UNOBSTRUCTED WATER VIEWS AND ENJOY PEACE OF MIND WITH STORM DOORS, GUTTERS, FASCIA LIGHTING AND AN ULTRAVIOLET AC DUCT LIGHT SYSTEM THAT HELPS PROTECT AGAINST ATTIC MOLD. THE HOME IS JUST 7 YEARS YOUNG AND LOVINGLY MAINTAINED BY ITS ORIGINAL OWNER. LOCATED NEAR THE INTERSTATE, JUST MINUTES FROM DOWNTOWN NEW ORLEANS, NORTHSHORE ATTRACTIONS AND MISSISSIPPI. LAKESHORE VILLAGES IS A RESORT INSPIRED COMMUNITY OFFERING AMENITIES SUCH AS RESORT STYLE POOL WITH SLIDES, CLUBHOUSE, FISHING DOCK, KAYAK LAUNCH, WALKING TRAILS, PLAYGROUND AND DOG PARKS. NEARBY ATTRACTIONS INCLUDE FREMAUX TOWN CENTER OAK HARBOR GOLF CLUB AND A VARIETY OF SHOPPING AND DINING OPTIONS. PLUS, THE SUBDIVISION IS SURROUNDED BY 13 FT LEVEES AND PUMPING STATIONS FOR ADDED SECURITY AND PEACE OF MIND. COME SEE IT FOR YOURSELF.

Key facts

  • Walk in closet
  • Indoor laundry
  • Granite countertops

Tags

OPEN CONCEPT LAYOUTGRANITE COUNTERTOPSWALK IN CLOSETGARDEN TUBNEWLY UPGRADED SHOWERINDOOR LAUNDRY

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath single-family listed at $269k.

Deal economics

  • At list price, monthly cash flow is $-213 ($-3k/yr) — negative.
  • To cash-flow at today's rent, offer at most $231k (14.0% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $226k (16.0% below list).
  • Recommended offer: $226k (16.0% below list) — sets the bar for 1% rule.

Location & tenants

  • Location reads 70/100 on livability (#57 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities F, commute F.
  • St. Tammany Parish (suburban): math 43% / reading 55% proficiency, ranked #11 of 98 in LA (top 11%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: W.L. Abney Elementary School (math 31% / reading 38%, grade F, #284 of 646 statewide, top 46%, 1,094 students, 70% FRL); St. Tammany Junior High School (math 19% / reading 41%, grade F, #114 of 218 statewide, top 53%, 793 students, 68% FRL); Salmen High School (math 15% / reading 27%, grade F, #179 of 265 statewide, top 68%, 1,216 students, 62% FRL) — zoned schools average 67% FRL vs 40% district-wide (27 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Zoned-school proficiency averages 28% at this address vs 49% district-wide (-20 pts) — the specific schools serving this property underperform the St. Tammany Parish average; the district grade overstates school quality for this exact location.
  • Market conditions: Rents rising (+1.7%/yr); 594 active listings in the ZIP; 18 comparable units currently listed for rent nearby; rentals at typical pace (median 19d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 1,064 units permitted in St. Tammany Parish in 2024 (0 in 5+ unit buildings).
  • This rent runs 30% of the median local income ($89k/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.
  • St. Tammany County population projected at +27% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 65 days — a 6% lower offer ($253k) is reasonable based on typical stale-listing flexibility.
  • 6 sale attempts since 8y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
  • Current owner paid $216k; 25% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Watch-outs: flood insurance adds $152/mo.
  • Climate carrying-cost: in FEMA flood zone AH (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $225,954 (16.0% 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 65 days. Have you received any prior offers? Is the seller open to a 16% 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. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  7. 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?
  8. 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?
  9. 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.
  10. 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.
  11. 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
0.84%
Cap rate
6.02%
Cash-on-cash
-0.98%
DSCR
0.96
GRM
9.9

CMA / ARV

ARV (median comp)
$302,498
List price
$269,000
Delta
-11.07%
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
253 E Lake Dr 0.20mi 3/2.0 1,781 (+0%) 2mo $245,000 $138 89
320 E Lake Dr 0.17mi 3/1.0 1,751 (-2%) 3mo $245,000 $140 83
5169 Spillway Manor Dr 0.44mi 4/2.0 (+1) 1,819 (+2%) 1mo $273,900 $151 70
5164 Spillway Manor Dr 0.45mi 4/2.0 (+1) 1,819 (+2%) 1mo $273,900 $151 69
5148 Spillway Manor Dr 0.45mi 4/2.0 (+1) 1,819 (+2%) 3mo $269,900 $148 68
5160 Spillway Manor Dr 0.45mi 4/2.0 (+1) 1,819 (+2%) 3mo $273,900 $151 67
949 Channel Bend Ct 0.45mi 3/2.5 1,644 (-8%) 2mo $262,181 $159 63
5156 Spillway Manor Dr 0.46mi 3/2.0 1,549 (-13%) 2mo $259,900 $168 55
5124 Spillway Manor Dr 0.45mi 4/2.0 (+1) 1,602 (-10%) 3mo $264,900 $165 55
5144 Spillway Manor Dr 0.45mi 4/2.0 (+1) 1,562 (-12%) 2mo $259,900 $166 52
5108 Spillway Manor Dr 0.44mi 4/2.0 (+1) 1,562 (-12%) 3mo $258,900 $166 51
3295 Tide Wind Dr 0.60mi 3/2.0 1,549 (-13%) 1mo $268,900 $174 50

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 · 1.72% rent growth · sell at horizon

5-year hold
IRR
-23.5%
Equity multiple
0.20×
Total profit
$-59,927
Equity at exit
$40,109
10-year hold
IRR
-22.3%
Equity multiple
-0.07×
Total profit
$-80,679
Equity at exit
$23,258

Cash invested: $75,320 (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.

ZIP-level market 70461

Home prices YoY
-33.0%
Rents YoY
1.7%
Active inventory
594
Price-to-rent
9.9×

Monthly cashflow live

Estimated rent
$2,260 high interval (Pro) →
Mortgage (P&I)
$1,411
Tax from tax record
$262 /mo · $3,138/yr
Insurance
$112
Flood insurance flood zone
−$152 /mo · $1,824/yr
HOA
$62
Vacancy / Maint / Mgmt
$475
Net cashflow
$-213

Break-even live

Break-even rent $2,530
Max offer price $231,324
Occupancy floor

Sensitivity live

Price -10% $-61 -5% $-137 +0% $-213 +5% $-289 +10% $-366
Rent -10% $-392 -5% $-303 +0% $-213 +5% $-124 +10% $-35
Rate -1.0pp $-78 -0.5pp $-145 base $-213 +0.5pp $-283 +1.0pp $-354

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
$67,250
Closing costs
$8,070
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 18 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
408 Lakeshore Vlg E Slidell, LA 3.0 2.0 1785 $2,395 $1.34 13d 1 0.18mi
109 Oak Landing Ln Slidell, LA 4.0 2.0 1884 $2,350 $1.25 19d 1 0.33mi
479 Lakeshore Vlg E Slidell, LA 4.0 2.0 1893 $2,400 $1.27 25d 1 0.35mi
289 Grand Isle Ct Slidell, LA 4.0 2.0 1980 $2,300 $1.16 25d 1 0.50mi
289 Grand Isle Ct Slidell, LA 4.0 2.0 1980 $2,300 $1.16 45d 1 0.50mi
5265 Summer Pecan Rd Slidell, LA 4.0 2.0 1647 $2,300 $1.40 3d 1 0.60mi
5225 Summer Pecan Rd Slidell, LA 4.0 2.0 2079 $2,300 $1.11 25d 1 0.61mi
5579 Grand Springs Rd Slidell, LA 4.0 2.0 1867 $2,200 $1.18 45d 1 0.80mi
3635 Trestle Crossing Ave Slidell, LA 4.0 3.0 2208 $2,600 $1.18 45d 1 0.81mi
3604 Spruce Key Ln Slidell, LA 3.0–4.0 2.0 1586 $2,195 $1.38 3d 14 0.85mi
3604 Spruce Key Ln Slidell, LA 3.0–4.0 2.0 1539 $2,150 $1.40 46d 1 0.85mi
7535 1st Lake Dr Slidell, LA 3.0 2.0 1564 $2,195 $1.40 19d 1 0.86mi
5169 Clarkston Grove Dr Slidell, LA 4.0 3.0 2107 $2,250 $1.07 19d 1 0.87mi
3616 Spruce Key Ln Slidell, LA 3.0 2.0 1635 $2,395 $1.46 3d 1 0.87mi
713 Lakeshore Vlg E Slidell, LA 3.0 2.0 1563 $2,100 $1.34 45d 1 0.91mi
5916 Honey Glade Rd Slidell, LA 4.0 2.0 2290 $2,600 $1.14 19d 1 1.02mi
301 Lakeshore Blvd N Slidell, LA 1.0–4.0 1.0–2.0 1134 $1,499 $1.32 3d 1 1.19mi
200 Long St Slidell, LA 2.0–4.0 2.0 1112 $1,373 $1.23 3d 1 1.45mi

HOA detail

Monthly dues
$62 · $744/yr
Likely covers
waterpoolsecurity

Listing history 28 events

  1. 2026-06-21
    days on market $269,000 Active 65 DOM
  2. 2026-06-18
    days on market $269,000 Active 62 DOM
  3. 2026-06-17
    days on market $269,000 Active 61 DOM
  4. 2026-06-16
    days on market $269,000 Active 60 DOM
  5. 2026-06-15
    days on market $269,000 Active 59 DOM
  6. 2026-06-13
    days on market $269,000 Active 57 DOM
  7. 2026-06-10
    days on market $269,000 Active 54 DOM
  8. 2026-06-09
    days on market $269,000 Active 53 DOM
  9. 2026-06-08
    days on market $269,000 Active 52 DOM
  10. 2026-06-07
    days on market $269,000 Active 51 DOM
  11. 2026-06-03
    days on market $269,000 Active 47 DOM
  12. 2026-06-02
    days on market $269,000 Active 46 DOM
  13. 2026-06-01
    days on market $269,000 Active 45 DOM
  14. 2026-05-31
    days on market $269,000 Active 44 DOM
  15. 2026-04-17
    listed $269,000 Active 1706-char remark
    Show marketing remark (1706 chars)

    WELCOME TO THIS ADORABLE MAINTAINED 3 BEDROOM, 2 BATH HOME IN LAKESHORE VILLAGES SUBDIVISION OF SLIDELL. POSITIONED TO CAPTURE WATER VIEWS FROM YOUR LIVING ROOM, MASTER BEDROOM OR SCREENED IN BACK PORCH, IDEAL FOR SIPPING YOUR MORNING COFFEE OR UNWINDING WITH SUNSET SKIES. INSIDE, YOU'LL FIND AN OPEN CONCEPT LAYOUT FEATURING A KITCHEN THAT FLOWS INTO THE LIVING ROOM, GRANITE COUNTERTOPS, NEW MICROWAVE, GENEROUS PANTRY AND NATURAL LIGHT. THE MASTER BEDROOM IS OPPOSITE SIDE OF THE OTHER 2 BEDROOMS FOR PRIVACY, HAS A WALK IN CLOSET, GARDEN TUB AND NEWLY UPGRADED SHOWER WITH ADJUSTABLE SHOWER HEADS. THE ADDITONAL FRONT ROOM IS CURRENTLY USED AS A HOME OFFICE BUT CAN EASILY BE CONVERTED INTO A 4TH BEDROOM TO SUIT YOUR NEEDS. ENJOY THE CONVENIENCE OF INDOOR LAUNDRY-WASHER AND DRYER INCLUDED-AND BEAUTIFUL VINYL PLANK FLOORING THROUGHOUT-NO CARPET! FENCED IN BACKYARD WITH 4 FT PICKET FENCE, ALLOWING FOR UNOBSTRUCTED WATER VIEWS AND ENJOY PEACE OF MIND WITH STORM DOORS, GUTTERS, FASCIA LIGHTING AND AN ULTRAVIOLET AC DUCT LIGHT SYSTEM THAT HELPS PROTECT AGAINST ATTIC MOLD. THE HOME IS JUST 7 YEARS YOUNG AND LOVINGLY MAINTAINED BY ITS ORIGINAL OWNER. LOCATED NEAR THE INTERSTATE, JUST MINUTES FROM DOWNTOWN NEW ORLEANS, NORTHSHORE ATTRACTIONS AND MISSISSIPPI. LAKESHORE VILLAGES IS A RESORT INSPIRED COMMUNITY OFFERING AMENITIES SUCH AS RESORT STYLE POOL WITH SLIDES, CLUBHOUSE, FISHING DOCK, KAYAK LAUNCH, WALKING TRAILS, PLAYGROUND AND DOG PARKS. NEARBY ATTRACTIONS INCLUDE FREMAUX TOWN CENTER OAK HARBOR GOLF CLUB AND A VARIETY OF SHOPPING AND DINING OPTIONS. PLUS, THE SUBDIVISION IS SURROUNDED BY 13 FT LEVEES AND PUMPING STATIONS FOR ADDED SECURITY AND PEACE OF MIND. COME SEE IT FOR YOURSELF.

  16. 2026-04-17
    listed $269,000 Active 1706-char remark
    Show marketing remark (1706 chars)

    WELCOME TO THIS ADORABLE MAINTAINED 3 BEDROOM, 2 BATH HOME IN LAKESHORE VILLAGES SUBDIVISION OF SLIDELL. POSITIONED TO CAPTURE WATER VIEWS FROM YOUR LIVING ROOM, MASTER BEDROOM OR SCREENED IN BACK PORCH, IDEAL FOR SIPPING YOUR MORNING COFFEE OR UNWINDING WITH SUNSET SKIES. INSIDE, YOU'LL FIND AN OPEN CONCEPT LAYOUT FEATURING A KITCHEN THAT FLOWS INTO THE LIVING ROOM, GRANITE COUNTERTOPS, NEW MICROWAVE, GENEROUS PANTRY AND NATURAL LIGHT. THE MASTER BEDROOM IS OPPOSITE SIDE OF THE OTHER 2 BEDROOMS FOR PRIVACY, HAS A WALK IN CLOSET, GARDEN TUB AND NEWLY UPGRADED SHOWER WITH ADJUSTABLE SHOWER HEADS. THE ADDITONAL FRONT ROOM IS CURRENTLY USED AS A HOME OFFICE BUT CAN EASILY BE CONVERTED INTO A 4TH BEDROOM TO SUIT YOUR NEEDS. ENJOY THE CONVENIENCE OF INDOOR LAUNDRY-WASHER AND DRYER INCLUDED-AND BEAUTIFUL VINYL PLANK FLOORING THROUGHOUT-NO CARPET! FENCED IN BACKYARD WITH 4 FT PICKET FENCE, ALLOWING FOR UNOBSTRUCTED WATER VIEWS AND ENJOY PEACE OF MIND WITH STORM DOORS, GUTTERS, FASCIA LIGHTING AND AN ULTRAVIOLET AC DUCT LIGHT SYSTEM THAT HELPS PROTECT AGAINST ATTIC MOLD. THE HOME IS JUST 7 YEARS YOUNG AND LOVINGLY MAINTAINED BY ITS ORIGINAL OWNER. LOCATED NEAR THE INTERSTATE, JUST MINUTES FROM DOWNTOWN NEW ORLEANS, NORTHSHORE ATTRACTIONS AND MISSISSIPPI. LAKESHORE VILLAGES IS A RESORT INSPIRED COMMUNITY OFFERING AMENITIES SUCH AS RESORT STYLE POOL WITH SLIDES, CLUBHOUSE, FISHING DOCK, KAYAK LAUNCH, WALKING TRAILS, PLAYGROUND AND DOG PARKS. NEARBY ATTRACTIONS INCLUDE FREMAUX TOWN CENTER OAK HARBOR GOLF CLUB AND A VARIETY OF SHOPPING AND DINING OPTIONS. PLUS, THE SUBDIVISION IS SURROUNDED BY 13 FT LEVEES AND PUMPING STATIONS FOR ADDED SECURITY AND PEACE OF MIND. COME SEE IT FOR YOURSELF.

  17. 2025-09-29
    price $274,999
  18. 2025-09-29
    price $274,999
  19. 2025-08-07
    price $278,000
  20. 2025-08-07
    price $278,000
  21. 2025-04-16
    listed $288,000 Active
  22. 2023-10-24
    price $293,000
  23. 2023-10-10
    price $297,000
  24. 2023-08-17
    listed $293,000
  25. 2018-05-31
    soldstatus $216,000 Sold
  26. 2018-05-03
    status Under Contract
  27. 2018-01-11
    listed $216,000 Active
  28. 2018-01-11
    listed $216,000

ⓘ 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
$3,138 · $262/mo
Projected year-2 tax
$3,138 · $262/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 AH · 60% chance over 30 yrs
  • 🔥 Wildfire 3/10 Moderate
  • 🌡 Heat 10/10 Extreme 7 d/yr ≥108°F today · 22 d/yr by 30 yrs out
  • 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 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
$27,114
− Mortgage interest
−$15,068
− Property taxes
−$3,138
− Insurance
−$3,170
− Repairs & maintenance
−$2,169
− Management
−$2,169
− HOA
−$744
− Depreciation
−$7,825
Taxable loss
−$7,169
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,721
After-tax cash flow
$-839/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
St. Tammany Parish
NCES district ID
2201650
Math proficiency
43% ▼ -32.00%
Reading proficiency
55% ▼ -26.00%
Median HH income
$61,752
Composite
43.04/100
National rank
#3098
State rank
#11 of 98 in LA

Livability — Slidell

Score
70/100
State rank
#57
US rank
#7673

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Saint Tammany Parish · 228,296 people
City population
95,511
Metro
New Orleans-Metairie, LA
Population (ZIP)
34,808
Household income
$89,003
Rent vs Own
23.1% rent · 76.9% own
Severe rent burden
328.0

Population outlook (St. Tammany County) Hauer SSP2

Today (2025)
286,725 people
By 2030
304,175 · +6.1%
By 2040
336,203 · +17.3%
By 2050
364,590 · +27.2%
By 2075
433,362 · +51.1%
By 2100
470,333 · +64.0%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.63)
Race & ethnicity
White 55% Black 24% Two or more races 14% Hispanic / Latino 11% Asian 3%
Hispanic origin (detail)
Common ancestry
Lithuanian 9% Italian 1% Romanian 1%
Foreign-born
8% · Canada, China, Vietnam
Languages at home
89% English-only · Spanish 7% Chinese 1% Vietnamese 1%

Political lean MEDSL · St. Tammany

2024 margin
Solid R (+43.8) · D 27.3% · R 71.1% · Other 1.6%
2008→2024 swing
+9.6pp toward D · 2008: -53.4pp · 2024: -43.8pp
All cycles
2024: R+43.8 2020: R+44.2 2016: R+50.8 2012: R+52.2 2008: R+53.4

Not yet ingested

Civics

Market trends

HPI YoY
▼ -74.47%
Current HPI
151.3353
Rent YoY
▲ 1.72%
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

Price history

+24.5% since first listed
14 events — show timeline
  • 2026-04-17 Listed $269,000 GSREIN
  • 2026-04-17 Listed $269,000 AcadianaMLS
  • 2025-09-29 Price Changed $274,999 AcadianaMLS
  • 2025-09-29 Price Changed $274,999 GSREIN
  • 2025-08-07 Price Changed $278,000 AcadianaMLS
  • 2025-08-07 Price Changed $278,000 GSREIN
  • 2025-04-16 Listed $288,000 AcadianaMLS
  • 2023-10-24 Price Changed $293,000 GSREIN
  • 2023-10-10 Price Changed $297,000 GSREIN
  • 2023-08-17 Listed $293,000 AcadianaMLS
  • 2018-05-31 Sold (MLS) $216,000 GSREIN
  • 2018-05-03 Pending GSREIN
  • 2018-01-11 Listed $216,000 AcadianaMLS
  • 2018-01-11 Listed $216,000 GSREIN

Property tax history

+23.6%/yr

Latest (2025): $3,138 · -1.1% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…