5481 Fornea Glen Way · Slidell, 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 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).
- Cash flow +11.5/30.0
- ARV discount +6.0/15.0
- Schools +4.3/10.0
- 1% rule +3.7/10.0
- Livability +3.5/5.0
- DSCR +3.4/10.0
- Rent growth +2.9/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$224,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
The Baldwin floorplan is a single-story home in Lakeshore Villages, a new home community in Slidell, Louisiana. There are three (3) exteriors to decide on, all equally impressive. Step inside this 3-bedroom, 2-bathroom residence to find 1,380 square feet of living space. The layout includes two bedrooms, a guest bedroom, and a hallway leading to another bedroom with the HVAC system and linen closet. The open concept living area features a well-equipped kitchen with shaker-style cabinets, gooseneck pulldown faucets, stainless-steel Whirlpool appliances, and 3 cm granite countertops. A large corner pantry and separate laundry room add to the functionality of the space. The dining room is conveniently located next to the kitchen, while the living room is nearby, ensuring a seamless flow between the two areas. All bedrooms are provided with cozy carpeting and a convenient closet. Whether you need a place for entertainment, organization, welcoming guests, relaxation, or fitness activities, you can be sure of feeling comfortable and content. Situated at the rear of the residence, the primary bedroom comes complete with its own en suite. The primary bathroom showcases a dual vanity, a tub/shower combination, a generous walk-in closet, a separate linen closet, and a separate water closet. Get in touch with us now and tour the Baldwin floorplan today!
Key facts
- Single story home
- Granite countertops
- 5,270 sq ft lot
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath single-family listed at $225k.
Deal economics
- At list price, monthly cash flow is $-74 ($-883/yr) — negative.
- To cash-flow at today's rent, offer at most $214k (4.7% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $195k (13.2% below list).
- Recommended offer: $195k (13.2% 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: Salmen High School (math 15% / reading 27%, grade F, #179 of 265 statewide, top 68%, 1,216 students, 62% FRL) — zoned schools average 62% FRL vs 40% district-wide (22 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Zoned-school proficiency averages 21% at this address vs 49% district-wide (-28 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; 23 comparable units currently listed for rent nearby; rentals at typical pace (median 17d 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).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k 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 131 days — a 12% lower offer ($198k) is reasonable based on typical stale-listing flexibility.
- 3 sale attempts 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.
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 131 days. Have you received any prior offers? Is the seller open to a 13% concession, seller financing, or rate buy-down credit?
- 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
- 0.87% ✗
- Cap rate
- 5.90%
- Cash-on-cash
- -1.40%
- DSCR
- 0.94
- GRM
- 9.6
CMA / ARV
- ARV (on-the-fly)
- $217,775
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 5481 Fornea Glen Way | 0.00mi | 3/2.0 | 1,405 (0%) | 1mo | $224,900 | $160 | 99 |
| 5429 Fornea Glen Way | 0.00mi | 3/2.0 | 1,405 (0%) | 2mo | $236,900 | $169 | 98 |
| 5473 Fornea Glen Way | 0.00mi | 3/2.0 | 1,405 (0%) | 4mo | $225,990 | $161 | 97 |
| 5465 Fornea Glen Way | 0.00mi | 3/2.0 | 1,405 (0%) | 6mo | $224,900 | $160 | 95 |
| 5441 Fornea Glen Way | 0.00mi | 4/2.0 (+1) | 1,612 (+15%) | 1mo | $249,900 | $155 | 70 |
| 5472 Fornea Glen Way | 0.00mi | 4/2.0 (+1) | 1,612 (+15%) | 2mo | $256,005 | $159 | 69 |
| 5460 Fornea Glen Way | 0.00mi | 4/2.0 (+1) | 1,612 (+15%) | 4mo | $244,900 | $152 | 67 |
| 5468 Fornea Glen Way | 0.00mi | 4/2.0 (+1) | 1,612 (+15%) | 5mo | $243,900 | $151 | 66 |
| 4778 Cotton Grass Dr | 0.66mi | 4/2.0 (+1) | 1,425 (+1%) | 1mo | $216,900 | $152 | 61 |
| 5149 Clarkston Grove Dr | 0.46mi | 3/2.0 | 1,613 (+15%) | 6mo | $214,000 | $133 | 49 |
| 3381 Bellwick Bay Dr | 0.61mi | 4/2.0 (+1) | 1,610 (+15%) | 2mo | $239,900 | $149 | 40 |
| 3435 Tide Wind Dr | 0.75mi | 4/2.0 (+1) | 1,585 (+13%) | 4mo | $235,000 | $148 | 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 · 1.72% rent growth · sell at horizon
- IRR
- -20.1%
- Equity multiple
- 0.31×
- Total profit
- $-43,543
- Equity at exit
- $33,533
- IRR
- -16.1%
- Equity multiple
- 0.15×
- Total profit
- $-53,605
- Equity at exit
- $19,445
Cash invested: $62,972 (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
- 9.6×
Monthly cashflow live
- Estimated rent
- $1,953 high interval (Pro) →
- Mortgage (P&I)
- −$1,179
- Tax est. 1.5%
- −$281 /mo · $3,374/yr
- Insurance
- −$94
- HOA
- −$62
- Vacancy / Maint / Mgmt
- −$410
- Net cashflow
- $-74
Break-even live
Sensitivity live
| Price | -10% $82 | -5% $4 | +0% $-74 | +5% $-151 | +10% $-229 |
|---|---|---|---|---|---|
| Rent | -10% $-228 | -5% $-151 | +0% $-74 | +5% $4 | +10% $81 |
| Rate | -1.0pp $40 | -0.5pp $-16 | base $-74 | +0.5pp $-132 | +1.0pp $-191 |
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
- $56,225
- Closing costs
- $6,747
- 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 23 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 5579 Grand Springs Rd Slidell, LA | 4.0 | 2.0 | 1867 | $2,200 | $1.18 | 45d | 1 | 0.53mi |
| 3604 Spruce Key Ln Slidell, LA | 3.0–4.0 | 2.0 | 1539 | $2,150 | $1.40 | 45d | 1 | 0.53mi |
| 3604 Spruce Key Ln Slidell, LA | 3.0–4.0 | 2.0 | 1586 | $2,195 | $1.38 | 3d | 14 | 0.53mi |
| 3616 Spruce Key Ln Slidell, LA | 3.0 | 2.0 | 1635 | $2,395 | $1.46 | 3d | 1 | 0.56mi |
| 7535 1st Lake Dr Slidell, LA | 3.0 | 2.0 | 1564 | $2,195 | $1.40 | 18d | 1 | 0.63mi |
| 301 Lakeshore Blvd N Slidell, LA | 1.0–4.0 | 1.0–2.0 | 1134 | $1,499 | $1.32 | 3d | 1 | 0.77mi |
| 5265 Summer Pecan Rd Slidell, LA | 4.0 | 2.0 | 1647 | $2,300 | $1.40 | 3d | 1 | 0.80mi |
| 200 Long St Slidell, LA | 2.0–4.0 | 2.0 | 1112 | $1,373 | $1.23 | 3d | 1 | 0.82mi |
| 713 Lakeshore Vlg E Slidell, LA | 3.0 | 2.0 | 1563 | $2,100 | $1.34 | 45d | 1 | 0.82mi |
| 3500 Oak Harbor Blvd Slidell, LA | 1.0–2.0 | 1.0–2.0 | 880 | $1,385 | $1.57 | 3d | 9 | 0.98mi |
| 408 Lakeshore Vlg E Slidell, LA | 3.0 | 2.0 | 1785 | $2,395 | $1.34 | 13d | 1 | 1.00mi |
| 3900 Lakeshore Blvd E Unit 233 Slidell, LA | 2.0 | 2.0 | 1219 | $1,690 | $1.39 | 17d | 1 | 1.12mi |
| 3900 Lakeshore Blvd E Slidell, LA | 2.0 | 2.0 | 1219 | $1,755 | $1.44 | 3d | 2 | 1.16mi |
| 3900 Lakeshore Blvd E #125 Slidell, LA | 2.0 | 2.0 | 1219 | $1,670 | $1.37 | 45d | 1 | 1.16mi |
| 3900 Lakeshore Blvd E Slidell, LA | 2.0 | 2.0 | 1219 | $1,755 | $1.44 | 3d | 1 | 1.16mi |
| 100 Marina Dr Unit 100 Slidell, LA | 3.0 | 3.0 | 1850 | $1,925 | $1.04 | 4d | 1 | 1.32mi |
| 224 Marina Dr Slidell, LA | 2.0 | 1.5 | 1287 | $1,400 | $1.09 | 45d | 1 | 1.32mi |
| 232 Marina Dr Slidell, LA | 2.0 | 1.5 | 1250 | $1,500 | $1.20 | 45d | 1 | 1.32mi |
| 152 Marina Dr Slidell, LA | 2.0 | 2.0 | 1250 | $1,400 | $1.12 | 21d | 1 | 1.33mi |
| 820 Marina Dr #304 Slidell, LA | 2.0 | 2.0 | 1100 | $1,450 | $1.32 | 25d | 1 | 1.44mi |
| 870 Marina Dr Unit B Slidell, LA | 3.0 | 2.5 | 1700 | $2,000 | $1.18 | 45d | 1 | 1.46mi |
| 870 Marina Dr Unit A Slidell, LA | 3.0 | 2.5 | 1600 | $1,950 | $1.22 | 4d | 1 | 1.47mi |
| 519 Spartan Dr #9101 Slidell, LA | 2.0 | 2.0 | 1304 | $1,400 | $1.07 | 25d | 1 | 1.50mi |
HOA detail
- Monthly dues
- $62 · $744/yr
- Likely covers
- waterpool
Listing history 10 events
-
2025-11-24price $224,900 1364-char remark
Show marketing remark (1364 chars)
The Baldwin floorplan is a single-story home in Lakeshore Villages, a new home community in Slidell, Louisiana. There are three (3) exteriors to decide on, all equally impressive. Step inside this 3-bedroom, 2-bathroom residence to find 1,380 square feet of living space. The layout includes two bedrooms, a guest bedroom, and a hallway leading to another bedroom with the HVAC system and linen closet. The open concept living area features a well-equipped kitchen with shaker-style cabinets, gooseneck pulldown faucets, stainless-steel Whirlpool appliances, and 3 cm granite countertops. A large corner pantry and separate laundry room add to the functionality of the space. The dining room is conveniently located next to the kitchen, while the living room is nearby, ensuring a seamless flow between the two areas. All bedrooms are provided with cozy carpeting and a convenient closet. Whether you need a place for entertainment, organization, welcoming guests, relaxation, or fitness activities, you can be sure of feeling comfortable and content. Situated at the rear of the residence, the primary bedroom comes complete with its own en suite. The primary bathroom showcases a dual vanity, a tub/shower combination, a generous walk-in closet, a separate linen closet, and a separate water closet. Get in touch with us now and tour the Baldwin floorplan today!
-
2025-11-18status Pending
-
2025-11-07price $224,900
-
2025-10-03price $228,900 1364-char remark
Show marketing remark (1364 chars)
The Baldwin floorplan is a single-story home in Lakeshore Villages, a new home community in Slidell, Louisiana. There are three (3) exteriors to decide on, all equally impressive. Step inside this 3-bedroom, 2-bathroom residence to find 1,380 square feet of living space. The layout includes two bedrooms, a guest bedroom, and a hallway leading to another bedroom with the HVAC system and linen closet. The open concept living area features a well-equipped kitchen with shaker-style cabinets, gooseneck pulldown faucets, stainless-steel Whirlpool appliances, and 3 cm granite countertops. A large corner pantry and separate laundry room add to the functionality of the space. The dining room is conveniently located next to the kitchen, while the living room is nearby, ensuring a seamless flow between the two areas. All bedrooms are provided with cozy carpeting and a convenient closet. Whether you need a place for entertainment, organization, welcoming guests, relaxation, or fitness activities, you can be sure of feeling comfortable and content. Situated at the rear of the residence, the primary bedroom comes complete with its own en suite. The primary bathroom showcases a dual vanity, a tub/shower combination, a generous walk-in closet, a separate linen closet, and a separate water closet. Get in touch with us now and tour the Baldwin floorplan today!
-
2025-10-03price $228,900
Show marketing remark (1364 chars)
The Baldwin floorplan is a single-story home in Lakeshore Villages, a new home community in Slidell, Louisiana. There are three (3) exteriors to decide on, all equally impressive. Step inside this 3-bedroom, 2-bathroom residence to find 1,380 square feet of living space. The layout includes two bedrooms, a guest bedroom, and a hallway leading to another bedroom with the HVAC system and linen closet. The open concept living area features a well-equipped kitchen with shaker-style cabinets, gooseneck pulldown faucets, stainless-steel Whirlpool appliances, and 3 cm granite countertops. A large corner pantry and separate laundry room add to the functionality of the space. The dining room is conveniently located next to the kitchen, while the living room is nearby, ensuring a seamless flow between the two areas. All bedrooms are provided with cozy carpeting and a convenient closet. Whether you need a place for entertainment, organization, welcoming guests, relaxation, or fitness activities, you can be sure of feeling comfortable and content. Situated at the rear of the residence, the primary bedroom comes complete with its own en suite. The primary bathroom showcases a dual vanity, a tub/shower combination, a generous walk-in closet, a separate linen closet, and a separate water closet. Get in touch with us now and tour the Baldwin floorplan today!
-
2025-09-12price $229,900 1364-char remark
Show marketing remark (1364 chars)
The Baldwin floorplan is a single-story home in Lakeshore Villages, a new home community in Slidell, Louisiana. There are three (3) exteriors to decide on, all equally impressive. Step inside this 3-bedroom, 2-bathroom residence to find 1,380 square feet of living space. The layout includes two bedrooms, a guest bedroom, and a hallway leading to another bedroom with the HVAC system and linen closet. The open concept living area features a well-equipped kitchen with shaker-style cabinets, gooseneck pulldown faucets, stainless-steel Whirlpool appliances, and 3 cm granite countertops. A large corner pantry and separate laundry room add to the functionality of the space. The dining room is conveniently located next to the kitchen, while the living room is nearby, ensuring a seamless flow between the two areas. All bedrooms are provided with cozy carpeting and a convenient closet. Whether you need a place for entertainment, organization, welcoming guests, relaxation, or fitness activities, you can be sure of feeling comfortable and content. Situated at the rear of the residence, the primary bedroom comes complete with its own en suite. The primary bathroom showcases a dual vanity, a tub/shower combination, a generous walk-in closet, a separate linen closet, and a separate water closet. Get in touch with us now and tour the Baldwin floorplan today!
-
2025-09-12price $229,900
Show marketing remark (1364 chars)
The Baldwin floorplan is a single-story home in Lakeshore Villages, a new home community in Slidell, Louisiana. There are three (3) exteriors to decide on, all equally impressive. Step inside this 3-bedroom, 2-bathroom residence to find 1,380 square feet of living space. The layout includes two bedrooms, a guest bedroom, and a hallway leading to another bedroom with the HVAC system and linen closet. The open concept living area features a well-equipped kitchen with shaker-style cabinets, gooseneck pulldown faucets, stainless-steel Whirlpool appliances, and 3 cm granite countertops. A large corner pantry and separate laundry room add to the functionality of the space. The dining room is conveniently located next to the kitchen, while the living room is nearby, ensuring a seamless flow between the two areas. All bedrooms are provided with cozy carpeting and a convenient closet. Whether you need a place for entertainment, organization, welcoming guests, relaxation, or fitness activities, you can be sure of feeling comfortable and content. Situated at the rear of the residence, the primary bedroom comes complete with its own en suite. The primary bathroom showcases a dual vanity, a tub/shower combination, a generous walk-in closet, a separate linen closet, and a separate water closet. Get in touch with us now and tour the Baldwin floorplan today!
-
2025-07-10$247,900 Active 1364-char remark
Show marketing remark (1364 chars)
The Baldwin floorplan is a single-story home in Lakeshore Villages, a new home community in Slidell, Louisiana. There are three (3) exteriors to decide on, all equally impressive. Step inside this 3-bedroom, 2-bathroom residence to find 1,380 square feet of living space. The layout includes two bedrooms, a guest bedroom, and a hallway leading to another bedroom with the HVAC system and linen closet. The open concept living area features a well-equipped kitchen with shaker-style cabinets, gooseneck pulldown faucets, stainless-steel Whirlpool appliances, and 3 cm granite countertops. A large corner pantry and separate laundry room add to the functionality of the space. The dining room is conveniently located next to the kitchen, while the living room is nearby, ensuring a seamless flow between the two areas. All bedrooms are provided with cozy carpeting and a convenient closet. Whether you need a place for entertainment, organization, welcoming guests, relaxation, or fitness activities, you can be sure of feeling comfortable and content. Situated at the rear of the residence, the primary bedroom comes complete with its own en suite. The primary bathroom showcases a dual vanity, a tub/shower combination, a generous walk-in closet, a separate linen closet, and a separate water closet. Get in touch with us now and tour the Baldwin floorplan today!
-
2025-07-10$247,900 Active
Show marketing remark (1364 chars)
The Baldwin floorplan is a single-story home in Lakeshore Villages, a new home community in Slidell, Louisiana. There are three (3) exteriors to decide on, all equally impressive. Step inside this 3-bedroom, 2-bathroom residence to find 1,380 square feet of living space. The layout includes two bedrooms, a guest bedroom, and a hallway leading to another bedroom with the HVAC system and linen closet. The open concept living area features a well-equipped kitchen with shaker-style cabinets, gooseneck pulldown faucets, stainless-steel Whirlpool appliances, and 3 cm granite countertops. A large corner pantry and separate laundry room add to the functionality of the space. The dining room is conveniently located next to the kitchen, while the living room is nearby, ensuring a seamless flow between the two areas. All bedrooms are provided with cozy carpeting and a convenient closet. Whether you need a place for entertainment, organization, welcoming guests, relaxation, or fitness activities, you can be sure of feeling comfortable and content. Situated at the rear of the residence, the primary bedroom comes complete with its own en suite. The primary bathroom showcases a dual vanity, a tub/shower combination, a generous walk-in closet, a separate linen closet, and a separate water closet. Get in touch with us now and tour the Baldwin floorplan today!
-
2025-07-10$229,900 Active
Show marketing remark (1364 chars)
The Baldwin floorplan is a single-story home in Lakeshore Villages, a new home community in Slidell, Louisiana. There are three (3) exteriors to decide on, all equally impressive. Step inside this 3-bedroom, 2-bathroom residence to find 1,380 square feet of living space. The layout includes two bedrooms, a guest bedroom, and a hallway leading to another bedroom with the HVAC system and linen closet. The open concept living area features a well-equipped kitchen with shaker-style cabinets, gooseneck pulldown faucets, stainless-steel Whirlpool appliances, and 3 cm granite countertops. A large corner pantry and separate laundry room add to the functionality of the space. The dining room is conveniently located next to the kitchen, while the living room is nearby, ensuring a seamless flow between the two areas. All bedrooms are provided with cozy carpeting and a convenient closet. Whether you need a place for entertainment, organization, welcoming guests, relaxation, or fitness activities, you can be sure of feeling comfortable and content. Situated at the rear of the residence, the primary bedroom comes complete with its own en suite. The primary bathroom showcases a dual vanity, a tub/shower combination, a generous walk-in closet, a separate linen closet, and a separate water closet. Get in touch with us now and tour the Baldwin floorplan today!
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Nearby sold comps map
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Walkable amenities ~0.75 mi
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Taxation est. · year 1
- Rental income
- $23,433
- − Mortgage interest
- −$12,598
- − Property taxes
- −$3,374
- − Insurance
- −$1,124
- − Repairs & maintenance
- −$1,875
- − Management
- −$1,875
- − HOA
- −$744
- − Depreciation
- −$6,543
- Taxable loss
- −$4,699
- Est. tax savings @ 24.0%
- +$1,128
- After-tax cash flow
- $245/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 |
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| Utilities | 1 | $12B |
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| Wholesale / Distribution | 1 | $5B |
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| Advertising | 1 | $2B |
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Price history
-9.3% since first listed10 events — show timeline
- 2025-11-24 Price Changed $224,900 AcadianaMLS
- 2025-11-18 Pending — GSREIN
- 2025-11-07 Price Changed $224,900 GSREIN
- 2025-10-03 Price Changed $228,900 AcadianaMLS
- 2025-10-03 Price Changed $228,900 GSREIN
- 2025-09-12 Price Changed $229,900 AcadianaMLS
- 2025-09-12 Price Changed $229,900 GSREIN
- 2025-07-10 Listed $229,900 AcadianaMLS
- 2025-07-10 Listed $247,900 GSREIN
- 2025-07-10 Listed $247,900 AcadianaMLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…