212 W Lake Ct · Slidell, LA
Flood risk 8/10 · Major
- FEMA flood zone
- AH
- Chance of flooding over 30 yrs
- 0.6%
- Est. flood insurance / yr
- $1,142 – $2,507
Fire risk 3/10 · Minor
- Est. fire insurance / yr
- $1,269 – $2,357
Heat risk 10/10 · Severe
- Hot days now (above 108°F)
- 7 days/yr
- Hot days in 30 yrs
- 22 days/yr
Wind risk 10/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 2 days/yr
Risk factors via First Street. Map © Google.
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
🖨 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
Neighborhood map
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.
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- 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?
- What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
- 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?
- 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?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 0.84% ✗
- 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
- IRR
- -23.5%
- Equity multiple
- 0.20×
- Total profit
- $-59,927
- Equity at exit
- $40,109
- 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
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
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
| Address | Beds | Baths | Sqft | Rent | $/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
-
2026-06-21days on market $269,000 Active 65 DOM
-
2026-06-18days on market $269,000 Active 62 DOM
-
2026-06-17days on market $269,000 Active 61 DOM
-
2026-06-16days on market $269,000 Active 60 DOM
-
2026-06-15days on market $269,000 Active 59 DOM
-
2026-06-13days on market $269,000 Active 57 DOM
-
2026-06-10days on market $269,000 Active 54 DOM
-
2026-06-09days on market $269,000 Active 53 DOM
-
2026-06-08days on market $269,000 Active 52 DOM
-
2026-06-07days on market $269,000 Active 51 DOM
-
2026-06-03days on market $269,000 Active 47 DOM
-
2026-06-02days on market $269,000 Active 46 DOM
-
2026-06-01days on market $269,000 Active 45 DOM
-
2026-05-31days on market $269,000 Active 44 DOM
-
2026-04-17$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.
-
2026-04-17$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.
-
2025-09-29price $274,999
-
2025-09-29price $274,999
-
2025-08-07price $278,000
-
2025-08-07price $278,000
-
2025-04-16$288,000 Active
-
2023-10-24price $293,000
-
2023-10-10price $297,000
-
2023-08-17$293,000
-
2018-05-31soldstatus $216,000 Sold
-
2018-05-03status Under Contract
-
2018-01-11$216,000 Active
-
2018-01-11$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
- 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
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
- 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 |
|---|---|---|
| Telecommunications | 2 | $23B |
|
||
| Utilities | 1 | $12B |
|
||
| Wholesale / Distribution | 1 | $5B |
|
||
| Advertising | 1 | $2B |
|
||
Price history
+24.5% since first listed14 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%/yrLatest (2025): $3,138 · -1.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…