142 Rencopas Ct · Jefferson, LA
Flood risk 7/10 · Major
- FEMA flood zone
- X
- Chance of flooding over 30 yrs
- 0.6%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- 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
- 21 days/yr
Wind risk 10/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 3 days/yr
Risk factors via First Street. Map © Google.
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 +27.6/30.0
- ARV discount +15.0/15.0
- DSCR +9.7/10.0
- 1% rule +6.9/10.0
- Rent growth +3.8/5.0
- Livability +3.6/5.0
- Schools +2.5/10.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$159,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
This three-bedroom, two full bath fixer-upper is full of potential and ready for someone to bring their vision to life. Located just off the Jefferson Hwy corridor in a quiet, established neighborhood, 142 Rencopas Ct in Jefferson sits on an extra-large 5,500+- sq. ft. lot, offering plenty of room to add value and create something special. Perfect for investors searching for their next flip or rental or a first-time homebuyer ready to build equity using a FHA 203(k) Loan renovation loan. With the right vision and TLC, this property could truly shine. Conveniently located near the vibrant Jefferson Highway corridor, you'll enjoy quick access to shopping, dining, and everyday conveniences, including R&O's Restaurant, the local favorite Rivershack Tavern, and grocery shopping at Rouses Markets. Outdoor recreation and community events are nearby at Elmwood Park, while commuters will appreciate easy access to Downtown New Orleans, Metairie, and major routes throughout Jefferson Parish. Bring your contractor, your imagination, and your vision--this is an opportunity you won't want to miss!
Key facts
- Extra-large lot
- 5,501 sq ft lot
- 3 parking spots
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath townhouse listed at $159k.
Deal economics
- At list price, monthly cash flow is $408 ($5k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $159k).
- Recommended offer: $145k (9.0% below list) — sets the bar for market timing.
- Cap rate 9.9% vs local median 4.6% in Jefferson — 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 72/100 on livability (#42 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+, housing A; Watch: employment D, amenities F, commute F.
- 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 rising fast (+5.1%/yr); 100 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d 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 38% of the median local income ($60k/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 $5k of value loss. Plan a longer hold.
- At projected returns (-3.0% appreciation + 5.1% rent growth), your $45k cash investment doubles in ~9 years — after that, you're playing with house money.
Negotiation context
- It's been on market 101 days — a 9% lower offer ($145k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts; this cycle's ask has dropped $40k (20%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $38k; list at $159k implies a 323% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: flood insurance adds $66/mo.
- Climate carrying-cost: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 101 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
- Built in 1961 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
- 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.
- 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
- 1.19% ✓
- Cap rate
- 9.87%
- Cash-on-cash
- 12.79%
- DSCR
- 1.57
- GRM
- 7.0
CMA / ARV
- ARV (median comp)
- $269,618
- List price
- $159,000
- Delta
- -38.80%
- 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 |
|---|---|---|---|---|---|---|---|
| 3724 Audubon Trce #3724 | 0.61mi | 2/2.0 (-1) | 1,230 (-1%) | 4mo | $220,000 | $179 | 61 |
| 1201 Audubon Trce #1201 | 0.58mi | 2/1.5 (-1) | 1,288 (+4%) | 1mo | $190,000 | $148 | 59 |
| 1601 Audubon Trace Trce #1601 | 0.57mi | 2/1.5 (-1) | 1,288 (+4%) | 7mo | $250,000 | $194 | 55 |
| 205 Audubon Trce #205 | 0.67mi | 2/1.5 (-1) | 1,242 (-0%) | 10mo | $212,000 | $171 | 53 |
| 2810 Sundorn St Unit B | 0.42mi | 2/2.0 (-1) | 1,350 (+8%) | 11mo | $174,100 | $129 | 52 |
| 2205 Audubon Trace Ave #2205 | 0.65mi | 2/1.5 (-1) | 1,288 (+4%) | 7mo | $167,500 | $130 | 51 |
| 2407 Audubon Trce #2407 | 0.64mi | 2/1.5 (-1) | 1,288 (+4%) | 11mo | $215,000 | $167 | 48 |
| 3722 Audubon Trce #3722 | 0.61mi | 2/2.0 (-1) | 1,346 (+8%) | 9mo | $225,000 | $167 | 45 |
| 204 Audubon Trace Trce #204 | 0.66mi | 2/1.5 (-1) | 1,288 (+4%) | 18mo | $229,000 | $178 | 41 |
| 1105 Audubon Trce #1105 | 0.58mi | 2/2.0 (-1) | 1,350 (+8%) | 15mo | $200,000 | $148 | 41 |
| 1003 Audubon Trce #1003 | 0.66mi | 2/2.0 (-1) | 1,330 (+7%) | 17mo | $214,900 | $162 | 39 |
| 105 Audubon Trce #105 | 0.67mi | 2/2.0 (-1) | 1,330 (+7%) | 19mo | $223,000 | $168 | 37 |
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 · 5.1% rent growth · sell at horizon
- IRR
- 2.5%
- Equity multiple
- 1.10×
- Total profit
- $4,338
- Equity at exit
- $23,707
- IRR
- 14.0%
- Equity multiple
- 2.23×
- Total profit
- $54,871
- Equity at exit
- $13,747
Cash invested: $44,520 (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 70121
- Rents YoY
- 5.1%
- Active inventory
- 100
- Price-to-rent
- 7.0×
Monthly cashflow live
- Estimated rent
- $1,898 high interval (Pro) →
- Mortgage (P&I)
- −$834
- Tax from tax record
- −$125 /mo · $1,496/yr
- Insurance
- −$66
- Flood insurance flood zone
- −$66 /mo · $798/yr
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$399
- Net cashflow
- $408
Break-even live
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
- $39,750
- Closing costs
- $4,770
- 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 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 2921 Burns St Unit A Jefferson, LA | 3.0 | 1.0 | 800 | $1,500 | $1.88 | 43d | 1 | 0.35mi |
| 300 Maine St Unit A Jefferson, LA | 2.0 | 1.0 | 875 | $1,600 | $1.83 | 4d | 1 | 0.39mi |
| 300 Maine St New Orleans, LA | 3.0 | 2.0 | 1169 | $2,300 | $1.97 | 43d | 1 | 0.39mi |
| 3827 Williams Pl New Orleans, LA | 4.0 | 1.5 | 1450 | $2,200 | $1.52 | 23d | 1 | 0.56mi |
| 3812 Audubon Trce Jefferson, LA | 2.0 | 1.0 | 1078 | $2,000 | $1.86 | 43d | 1 | 0.60mi |
| 2013 James St Jefferson, LA | 2.0 | 2.0 | 1000 | $2,000 | $2.00 | 3d | 1 | 0.62mi |
| 1104 Audubon Trce #1104 New Orleans, LA | 2.0 | 2.0 | 1360 | $1,595 | $1.17 | 43d | 1 | 0.63mi |
| 626 Terrace St Jefferson, LA | 3.0 | 1.0 | 840 | $1,780 | $2.12 | 43d | 1 | 0.70mi |
| 425 Rio Vista Ave New Orleans, LA | 3.0 | 1.0 | 1450 | $2,100 | $1.45 | 3d | 1 | 0.73mi |
| 750 52 Canton St Jefferson, LA | 3.0 | 2.0 | 1400 | $1,900 | $1.36 | 43d | 1 | 0.73mi |
| 804 Canton St New Orleans, LA | 3.0 | 1.0 | 1100 | $1,700 | $1.55 | 43d | 1 | 0.76mi |
| 319 Deckbar Ave #102 New Orleans, LA | 2.0 | 1.0 | 1300 | $1,550 | $1.19 | 14d | 1 | 0.77mi |
| 424 Deckbar Ave Unit D Jefferson, LA | 2.0 | 2.5 | 1100 | $1,550 | $1.41 | 4d | 1 | 0.78mi |
| 339 Deckbar Ave Unit A Jefferson, LA | 2.0 | 2.5 | 1344 | $1,600 | $1.19 | 43d | 1 | 0.78mi |
| 335 Deckbar Ave Unit B Jefferson, LA | 2.0 | 2.5 | 1300 | $1,800 | $1.38 | 23d | 1 | 0.78mi |
| 562 Central Ave New Orleans, LA | 2.0 | 1.0 | 1010 | $1,500 | $1.49 | 23d | 1 | 0.78mi |
| 3714 Johnson St Metairie, LA | 2.0 | 1.5 | 1200 | $1,700 | $1.42 | 43d | 1 | 0.80mi |
| 122 Athania Pkwy Unit B Metairie, LA | 2.0 | 1.0 | 800 | $1,200 | $1.50 | 14d | 1 | 0.80mi |
| 305 N Hullen St Unit B Metairie, LA | 2.0 | 1.0 | 783 | $1,075 | $1.37 | 3d | 1 | 0.81mi |
| 419 Betz Ave New Orleans, LA | 3.0 | 2.0 | 1100 | $2,500 | $2.27 | 21d | 1 | 0.84mi |
| 3635 Derbigny St Metairie, LA | 2.0 | 1.0 | 1000 | $1,500 | $1.50 | 23d | 1 | 0.85mi |
| 258 Gruner Rd Metairie, LA | 3.0 | 2.5 | 1400 | $1,800 | $1.29 | 23d | 1 | 0.85mi |
| 258 Gruner Rd Metairie, LA | 3.0 | 2.5 | 1400 | $1,850 | $1.32 | 43d | 1 | 0.85mi |
| 4427 Ware Ave New Orleans, LA | 3.0 | 1.0 | 1150 | $1,775 | $1.54 | 14d | 1 | 0.87mi |
| 3650 Bauvais St Metairie, LA | 3.0 | 2.0 | 1300 | $2,800 | $2.15 | 4d | 1 | 0.88mi |
| 237 Vinet Ave New Orleans, LA | 2.0 | 1.0 | 1195 | $1,800 | $1.51 | 4d | 1 | 0.92mi |
| 3803 Derbigny St Metairie, LA | 3.0 | 1.0 | 1010 | $1,700 | $1.68 | 23d | 1 | 0.93mi |
| 3832 Bauvais St Metairie, LA | 3.0 | 2.0 | 1247 | $2,250 | $1.80 | 4d | 1 | 1.03mi |
| 212 Harding St New Orleans, LA | 3.0 | 2.0 | 1400 | $2,100 | $1.50 | 23d | 1 | 1.06mi |
| 212 Manson Ave Unit A Metairie, LA | 2.0 | 1.0 | 1000 | $1,200 | $1.20 | 21d | 1 | 1.06mi |
| 404 Ridgelake Dr Metairie, LA | 2.0 | 1.0 | 1100 | $2,099 | $1.91 | 23d | 1 | 1.07mi |
| 113 Harding St New Orleans, LA | 2.0 | 1.0 | 1188 | $2,075 | $1.75 | 4d | 1 | 1.08mi |
| 3913 Bauvais St Unit 1 Metairie, LA | 3.0 | 1.0 | 1495 | $1,600 | $1.07 | 43d | 1 | 1.09mi |
| 800 N Causeway Blvd Unit 202 Metairie, LA | 2.0 | 1.0 | 756 | $1,600 | $2.12 | 43d | 1 | 1.11mi |
| 116 Colby St Metairie, LA | 3.0 | 2.0 | 1343 | $2,500 | $1.86 | 43d | 1 | 1.14mi |
| 216 Pasadena Ave Metairie, LA | 2.0 | 1.0 | 1019 | $3,500 | $3.43 | 23d | 1 | 1.15mi |
| 3000 Saint Rene St Unit A Metairie, LA | 2.0 | 1.0 | 1038 | $1,200 | $1.16 | 43d | 1 | 1.21mi |
| 1004 Severn Ave Metairie, LA | 3.0 | 2.0 | 1270 | $1,850 | $1.46 | 14d | 1 | 1.22mi |
| 131 Avalon Way Metairie, LA | 2.0 | 1.0 | 1200 | $2,050 | $1.71 | 3d | 1 | 1.28mi |
| 439 Brooklyn Ave New Orleans, LA | 2.0 | 1.0 | 1000 | $1,650 | $1.65 | 43d | 1 | 1.28mi |
Listing history 23 events
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2026-06-18days on market $159,000 Active 101 DOM
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2026-06-17price $159,000 Active 100 DOM
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2026-06-17days on market $165,000 Active 100 DOM
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2026-06-16days on market $165,000 Active 99 DOM
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2026-06-15days on market $165,000 Active 98 DOM
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2026-06-13days on market $165,000 Active 96 DOM
-
2026-06-10days on market $165,000 Active 93 DOM
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2026-06-09days on market $165,000 Active 92 DOM
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2026-06-08days on market $165,000 Active 91 DOM
-
2026-06-07days on market $165,000 Active 90 DOM
-
2026-06-03days on market $165,000 Active 86 DOM
-
2026-06-02days on market $165,000 Active 85 DOM
-
2026-06-01days on market $165,000 Active 84 DOM
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2026-05-31days on market $165,000 Active 83 DOM
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2026-05-19price $165,000 1104-char remark
Show marketing remark (1129 chars)
This three-bedroom, two full bath fixer-upper is full of potential and ready for someone to bring their vision to life. Located just off the Jefferson Hwy corridor in a quiet, established neighborhood, 142 Rencopas Ct in Jefferson sits on an extra-large 5,500± sq. ft. lot, offering plenty of room to add value and create something special. Perfect for investors searching for their next flip or rental or a first-time homebuyer ready to build equity using a FHA 203(k) Loan renovation loan. With the right vision and TLC, this property could truly shine. Conveniently located near the vibrant Jefferson Highway corridor, you’ll enjoy quick access to shopping, dining, and everyday conveniences, including R & O's Restaurant, the local favorite Rivershack Tavern, and grocery shopping at Rouses Markets. Outdoor recreation and community events are nearby at Elmwood Park, while commuters will appreciate easy access to Downtown New Orleans, Metairie, and major routes throughout Jefferson Parish. Bring your contractor, your imagination, and your vision—this is an opportunity you won’t want to miss!
-
2026-05-19price $165,000 1129-char remark
Show marketing remark (1129 chars)
This three-bedroom, two full bath fixer-upper is full of potential and ready for someone to bring their vision to life. Located just off the Jefferson Hwy corridor in a quiet, established neighborhood, 142 Rencopas Ct in Jefferson sits on an extra-large 5,500± sq. ft. lot, offering plenty of room to add value and create something special. Perfect for investors searching for their next flip or rental or a first-time homebuyer ready to build equity using a FHA 203(k) Loan renovation loan. With the right vision and TLC, this property could truly shine. Conveniently located near the vibrant Jefferson Highway corridor, you’ll enjoy quick access to shopping, dining, and everyday conveniences, including R & O's Restaurant, the local favorite Rivershack Tavern, and grocery shopping at Rouses Markets. Outdoor recreation and community events are nearby at Elmwood Park, while commuters will appreciate easy access to Downtown New Orleans, Metairie, and major routes throughout Jefferson Parish. Bring your contractor, your imagination, and your vision—this is an opportunity you won’t want to miss!
-
2026-04-20price $179,900 1104-char remark
Show marketing remark (1129 chars)
This three-bedroom, two full bath fixer-upper is full of potential and ready for someone to bring their vision to life. Located just off the Jefferson Hwy corridor in a quiet, established neighborhood, 142 Rencopas Ct in Jefferson sits on an extra-large 5,500± sq. ft. lot, offering plenty of room to add value and create something special. Perfect for investors searching for their next flip or rental or a first-time homebuyer ready to build equity using a FHA 203(k) Loan renovation loan. With the right vision and TLC, this property could truly shine. Conveniently located near the vibrant Jefferson Highway corridor, you’ll enjoy quick access to shopping, dining, and everyday conveniences, including R & O's Restaurant, the local favorite Rivershack Tavern, and grocery shopping at Rouses Markets. Outdoor recreation and community events are nearby at Elmwood Park, while commuters will appreciate easy access to Downtown New Orleans, Metairie, and major routes throughout Jefferson Parish. Bring your contractor, your imagination, and your vision—this is an opportunity you won’t want to miss!
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2026-04-20price $179,900 1129-char remark
Show marketing remark (1129 chars)
This three-bedroom, two full bath fixer-upper is full of potential and ready for someone to bring their vision to life. Located just off the Jefferson Hwy corridor in a quiet, established neighborhood, 142 Rencopas Ct in Jefferson sits on an extra-large 5,500± sq. ft. lot, offering plenty of room to add value and create something special. Perfect for investors searching for their next flip or rental or a first-time homebuyer ready to build equity using a FHA 203(k) Loan renovation loan. With the right vision and TLC, this property could truly shine. Conveniently located near the vibrant Jefferson Highway corridor, you’ll enjoy quick access to shopping, dining, and everyday conveniences, including R & O's Restaurant, the local favorite Rivershack Tavern, and grocery shopping at Rouses Markets. Outdoor recreation and community events are nearby at Elmwood Park, while commuters will appreciate easy access to Downtown New Orleans, Metairie, and major routes throughout Jefferson Parish. Bring your contractor, your imagination, and your vision—this is an opportunity you won’t want to miss!
-
2026-04-01price $189,900 1104-char remark
Show marketing remark (1129 chars)
This three-bedroom, two full bath fixer-upper is full of potential and ready for someone to bring their vision to life. Located just off the Jefferson Hwy corridor in a quiet, established neighborhood, 142 Rencopas Ct in Jefferson sits on an extra-large 5,500± sq. ft. lot, offering plenty of room to add value and create something special. Perfect for investors searching for their next flip or rental or a first-time homebuyer ready to build equity using a FHA 203(k) Loan renovation loan. With the right vision and TLC, this property could truly shine. Conveniently located near the vibrant Jefferson Highway corridor, you’ll enjoy quick access to shopping, dining, and everyday conveniences, including R & O's Restaurant, the local favorite Rivershack Tavern, and grocery shopping at Rouses Markets. Outdoor recreation and community events are nearby at Elmwood Park, while commuters will appreciate easy access to Downtown New Orleans, Metairie, and major routes throughout Jefferson Parish. Bring your contractor, your imagination, and your vision—this is an opportunity you won’t want to miss!
-
2026-04-01price $189,900 1129-char remark
Show marketing remark (1129 chars)
This three-bedroom, two full bath fixer-upper is full of potential and ready for someone to bring their vision to life. Located just off the Jefferson Hwy corridor in a quiet, established neighborhood, 142 Rencopas Ct in Jefferson sits on an extra-large 5,500± sq. ft. lot, offering plenty of room to add value and create something special. Perfect for investors searching for their next flip or rental or a first-time homebuyer ready to build equity using a FHA 203(k) Loan renovation loan. With the right vision and TLC, this property could truly shine. Conveniently located near the vibrant Jefferson Highway corridor, you’ll enjoy quick access to shopping, dining, and everyday conveniences, including R & O's Restaurant, the local favorite Rivershack Tavern, and grocery shopping at Rouses Markets. Outdoor recreation and community events are nearby at Elmwood Park, while commuters will appreciate easy access to Downtown New Orleans, Metairie, and major routes throughout Jefferson Parish. Bring your contractor, your imagination, and your vision—this is an opportunity you won’t want to miss!
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2026-03-09$199,000 Active 1104-char remark
Show marketing remark (1129 chars)
This three-bedroom, two full bath fixer-upper is full of potential and ready for someone to bring their vision to life. Located just off the Jefferson Hwy corridor in a quiet, established neighborhood, 142 Rencopas Ct in Jefferson sits on an extra-large 5,500± sq. ft. lot, offering plenty of room to add value and create something special. Perfect for investors searching for their next flip or rental or a first-time homebuyer ready to build equity using a FHA 203(k) Loan renovation loan. With the right vision and TLC, this property could truly shine. Conveniently located near the vibrant Jefferson Highway corridor, you’ll enjoy quick access to shopping, dining, and everyday conveniences, including R & O's Restaurant, the local favorite Rivershack Tavern, and grocery shopping at Rouses Markets. Outdoor recreation and community events are nearby at Elmwood Park, while commuters will appreciate easy access to Downtown New Orleans, Metairie, and major routes throughout Jefferson Parish. Bring your contractor, your imagination, and your vision—this is an opportunity you won’t want to miss!
-
2026-03-09$199,000 Active 1129-char remark
Show marketing remark (1129 chars)
This three-bedroom, two full bath fixer-upper is full of potential and ready for someone to bring their vision to life. Located just off the Jefferson Hwy corridor in a quiet, established neighborhood, 142 Rencopas Ct in Jefferson sits on an extra-large 5,500± sq. ft. lot, offering plenty of room to add value and create something special. Perfect for investors searching for their next flip or rental or a first-time homebuyer ready to build equity using a FHA 203(k) Loan renovation loan. With the right vision and TLC, this property could truly shine. Conveniently located near the vibrant Jefferson Highway corridor, you’ll enjoy quick access to shopping, dining, and everyday conveniences, including R & O's Restaurant, the local favorite Rivershack Tavern, and grocery shopping at Rouses Markets. Outdoor recreation and community events are nearby at Elmwood Park, while commuters will appreciate easy access to Downtown New Orleans, Metairie, and major routes throughout Jefferson Parish. Bring your contractor, your imagination, and your vision—this is an opportunity you won’t want to miss!
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1995-12-01soldstatus $37,600
ⓘ 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
- $1,496 · $125/mo
- Projected year-2 tax
- $1,496 · $125/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 7/10 Severe FEMA zone X · 60% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 10/10 Extreme 7 d/yr ≥108°F today · 21 d/yr by 30 yrs out
- Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
- Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 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
- $22,772
- − Mortgage interest
- −$8,906
- − Property taxes
- −$1,496
- − Insurance
- −$1,592
- − Repairs & maintenance
- −$1,822
- − Management
- −$1,822
- − Depreciation
- −$4,625
- Taxable income
- $2,508
- Est. tax owed @ 24.0%
- −$602
- After-tax cash flow
- $4,294/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 — Jefferson
- Score
- 72/100
- State rank
- #42
- US rank
- #6166
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Jefferson, LA
- County
- Jefferson Parish · 426,999 people
- City population
- 10,558
- Metro
- New Orleans-Metairie, LA
- Population (ZIP)
- 10,558
- Household income
- $59,562
- Rent vs Own
- Severe rent burden
- 593.0
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
- Majority White (63%)
- Race & ethnicity
- White 63% Black 19% Hispanic / Latino 13% Two or more races 9% Asian 2%
- Hispanic origin (detail)
- Mexican 2% Cuban 1%
- Common ancestry
- Lithuanian 14% Slovak 2% Italian 1%
- Foreign-born
- 8% · Canada, Jamaica, China
- Languages at home
- 88% English-only · Spanish 9% Other Indo-European 1% French/Haitian/Cajun 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
- ▼ -134.66%
- Current HPI
- 107.0611
- Rent YoY
- ▲ 5.10%
- 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
+338.8% since first listed9 events — show timeline
- 2026-05-19 Price Changed $165,000 AcadianaMLS
- 2026-05-19 Price Changed $165,000 GSREIN
- 2026-04-20 Price Changed $179,900 AcadianaMLS
- 2026-04-20 Price Changed $179,900 GSREIN
- 2026-04-01 Price Changed $189,900 AcadianaMLS
- 2026-04-01 Price Changed $189,900 GSREIN
- 2026-03-09 Listed $199,000 GSREIN
- 2026-03-09 Listed $199,000 AcadianaMLS
- 1995-12-01 Sold (Public Records) $37,600 Public Records
Property tax history
+2.1%/yrLatest (2025): $1,496 · +0.2% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…