CashFlowRE
Sign in Sign up
2005 Josephine St
C Composite 57.29
Why this score? — see what drove the C 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 +15.0/15.0
  • Cash flow +13.3/30.0
  • Appreciation +10.0/10.0
  • DSCR +4.0/10.0
  • Rent growth +4.0/5.0
  • Livability +4.0/5.0
  • 1% rule +2.9/10.0
  • Condition / age +2.5/5.0
  • Schools +1.6/10.0

$215,000

2005 Josephine St · New Orleans, LA 70113
3 bd · 1.0 ba · 948 sqft · SingleFamily public records · 132 Days on market
Built 1993 $227/sqft · 23% below area Est $279k · 23% under

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

Listing remarks MLS

This is the one! Come see this cozy, updated home in the heart of the city! This charmer offers covered, gated-street parking, a lovely & spacious fenced yard, and a recently painted colorful exterior. This thoughtfully designed, open concept living space offers clean lines and a functional kitchen. Just one block to the Oretha Castle Haley corridor and convenient access to anywhere in the city. Not only is this home ascetically pleasing, the bones are great as well! 2021 vinyl windows, 2024 furnace & interior HVAC, 2018 hvac compressor, ductwork has been cleaned, 2019 kitchen upgrade, refrigerator & stove 2020/2021, new roof in 2019, landscaping in rear yard, fence 2020, underground plumbing upgrade to necessary areas 2020, electrical panel & upgraded service size 2019, outdoor paint 2024, a newer attic fan, tankless water heater 2025, and an added half bath in 2025. X flood zone!

Key facts

  • Functional kitchen
  • Vinyl windows
  • Spacious fenced yard

Tags

COVERED GATED STREET PARKINGSPACIOUS FENCED YARDOPEN CONCEPT LIVING SPACEFUNCTIONAL KITCHENVINYL WINDOWSFURNACE

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/1.0-bath single-family listed at $215k.

Deal economics

  • At list price, monthly cash flow is $-67 ($-799/yr) — negative.
  • To cash-flow at today's rent, offer at most $203k (5.5% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $169k (21.2% below list).
  • Recommended offer: $169k (21.2% below list) — sets the bar for 1% rule.
  • Cap rate 6.3% vs local median 4.4% in New Orleans — 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 81/100 on livability (#3 in LA, #1,383 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, health & safety A+; Watch: crime C-, employment D.
  • Orleans Parish (urban): math 11% / reading 27% proficiency, ranked #69 of 98 in LA (top 70%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 68% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: Rents rising fast (+6.0%/yr); 134 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 710 units permitted in Orleans Parish in 2024 (244 in 5+ unit buildings).

Forward outlook

  • In year one you build about $23k of equity ($1k loan paydown + $22k appreciation (10.0% local appreciation)).
  • Orleans County population projected at +61% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (10.0% appreciation + 6.0% rent growth), your $60k cash investment doubles in ~3 years — after that, you're playing with house money.
  • By year 2, paydown + projected appreciation supports a ~$37k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 132 days — a 12% lower offer ($189k) is reasonable based on typical stale-listing flexibility.
  • 11 sale attempts since 18y 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 $168k; 28% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Watch-outs: flood insurance adds $66/mo.
  • Climate carrying-cost: severe 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.
Recommended offer $169,332 (21.2% 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 132 days. Have you received any prior offers? Is the seller open to a 21% 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. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. 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.
  7. 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.
  8. 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
0.79%
Cap rate
6.29%
Cash-on-cash
-0.00%
DSCR
1.00
GRM
10.6

CMA / ARV

ARV (median comp)
$278,722
List price
$215,000
Delta
-22.86%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 6 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
2818 Saint Andrew St 0.51mi 2/1.0 (-1) 984 (+4%) 8mo $90,000 $91 58
2124 Second St 0.30mi 3/1.0 840 (-11%) 20mo $132,000 $157 50
2308 Magnolia St 0.45mi 3/2.0 1,023 (+8%) 15mo $199,000 $195 49
2130 1st St 0.24mi 3/2.0 1,080 (+14%) 15mo $170,000 $157 49
1629 Washington Ave #211 0.54mi 2/2.0 (-1) 915 (-4%) 16mo $290,000 $317 47
2113 Harmony St 0.64mi 2/2.0 (-1) 1,016 (+7%) 10mo $289,000 $284 40

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

Projected returns pro-forma

10.0% appreciation · 5.98% rent growth · sell at horizon

5-year hold
IRR
24.2%
Equity multiple
2.96×
Total profit
$118,059
Equity at exit
$193,689
10-year hold
IRR
22.2%
Equity multiple
7.03×
Total profit
$362,915
Equity at exit
$417,698

Cash invested: $60,200 (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 70113

Rents YoY
6.0%
Active inventory
134
Price-to-rent
10.6×

Monthly cashflow live

Estimated rent
$1,693 high interval (Pro) →
Mortgage (P&I)
$1,127
Tax from tax record
$121 /mo · $1,449/yr
Insurance
$90
Flood insurance flood zone
−$66 /mo · $798/yr
HOA
$0
Vacancy / Maint / Mgmt
$356
Net cashflow
$-67

Break-even live

Break-even rent $1,778
Max offer price $203,241
Occupancy floor 99%

Sensitivity live

Price -10% $55 -5% $-6 +0% $-67 +5% $-127 +10% $-188
Rent -10% $-200 -5% $-133 +0% $-67 +5% $0 +10% $67
Rate -1.0pp $42 -0.5pp $-12 base $-67 +0.5pp $-122 +1.0pp $-179

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
$53,750
Closing costs
$6,450
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

AddressBedsBaths SqftRent$/sqft DOM Units Dist
2032 Saint Andrew St New Orleans, LA 3.0 2.0 1035 $1,830 $1.77 18d 1 0.04mi
2119 Josephine St New Orleans, LA 3.0 1.0 1017 $950 $0.93 22d 1 0.04mi
2127 Simon Bolivar Ave New Orleans, LA 2.0 1.0 625 $1,800 $2.88 18d 1 0.11mi
1848 Felicity St New Orleans, LA 2.0 1.0 1000 $1,300 $1.30 18d 1 0.15mi
2103 Baronne St Apt 1D New Orleans, LA 2.0 1.0 615 $1,450 $2.36 4d 1 0.15mi
2013 S Liberty St Apt 202 New Orleans, LA 2.0 1.0 750 $1,075 $1.43 12d 1 0.16mi
2013 S Liberty St Unit 304 New Orleans, LA 2.0 1.0 700 $1,095 $1.56 15d 1 0.16mi
1827 Baronne St Unit C New Orleans, LA 2.0 1.0 876 $1,450 $1.66 24d 1 0.17mi
1614 Rev John Raphael Jr Way New Orleans, LA 3.0 2.0 1000 $1,500 $1.50 24d 1 0.25mi
1809 Carondelet St Unit 1809 New Orleans, LA 2.0 2.0 1086 $2,000 $1.84 4d 1 0.27mi
1809 Carondelet St New Orleans, LA 2.0 2.0 1086 $2,200 $2.03 24d 1 0.27mi
2225 2nd St New Orleans, LA 3.0 2.0 1100 $1,800 $1.64 24d 1 0.27mi
2227 Second St New Orleans, LA 2.0 2.0 1100 $1,900 $1.73 24d 1 0.28mi
1643 Josephine St New Orleans, LA 1.0–2.0 1.5–2.0 814 $2,249 $2.76 3d 11 0.28mi
1824 Martin Luther King Junior Blvd Unit A New Orleans, LA 2.0 1.0 700 $1,400 $2.00 24d 1 0.29mi
1824 Martin Luther King Junior Blvd Unit A New Orleans, LA 2.0 1.0 600 $1,400 $2.33 3d 1 0.29mi
2503 First St New Orleans, LA 2.0 1.0 741 $1,200 $1.62 4d 1 0.34mi
2503 First St New Orleans, LA 2.0 1.0 741 $1,200 $1.62 4d 1 0.34mi
2605 Danneel St Unit A New Orleans, LA 2.0 1.0 830 $1,350 $1.63 24d 1 0.36mi
2233 Saint Charles Ave New Orleans, LA 2.0 1.0–2.0 637 $2,439 $3.83 2d 1 0.36mi
2429 Freret St New Orleans, LA 2.0 1.0 725 $1,300 $1.79 4d 1 0.37mi
2100 Saint Charles Ave New Orleans, LA 1.0–2.0 1.5–2.0 1077 $3,500 $3.25 4d 2 0.38mi
1811 Third St Unit 1811 New Orleans, LA 2.0 1.0 800 $1,450 $1.81 4d 1 0.38mi
2222 Fourth St New Orleans, LA 2.0 1.5 937 $1,550 $1.65 24d 1 0.41mi
2705 Dryades St New Orleans, LA 2.0 1.0 1100 $2,000 $1.82 24d 1 0.43mi
1637 Third St Apt 2 New Orleans, LA 2.0 1.0 580 $1,600 $2.76 24d 1 0.44mi
2714 Dryades St Unit A New Orleans, LA 2.0 2.0 919 $1,500 $1.63 4d 1 0.45mi
2515 Erato St Unit 102 New Orleans, LA 2.0 1.0 1000 $2,100 $2.10 22d 1 0.47mi
2814 Josephine St Unit B New Orleans, LA 2.0 1.0 800 $1,149 $1.44 24d 1 0.47mi
2818 Saint Andrew St New Orleans, LA 2.0 1.0 900 $1,550 $1.72 24d 1 0.48mi
1620 Prytania St New Orleans, LA 2.0 1.5 928 $1,600 $1.72 24d 1 0.50mi
2840 Dryades St Unit 2838 New Orleans, LA 2.0 2.0 1000 $1,595 $1.59 4d 1 0.54mi
1405 Terpsichore St Unit 2 New Orleans, LA 2.0 1.0 820 $1,400 $1.71 12d 1 0.57mi
1329 St Andrew St #2 New Orleans, LA 2.0 2.0 1104 $3,300 $2.99 44d 1 0.59mi
2919 Dryades St New Orleans, LA 2.0 1.0 750 $1,300 $1.73 22d 1 0.60mi
1235 Josephine St New Orleans, LA 2.0 1.0 1000 $1,600 $1.60 18d 1 0.62mi
822 Howard Ave Unit 1272354P New Orleans, LA 1.0–5.0 1.0–4.0 1749 $6,618 $3.78 2d 3 0.63mi
1501 Clio St Unit 2A New Orleans, LA 2.0 1.0 1000 $2,700 $2.70 12d 1 0.63mi
814 Howard Ave Unit 201 New Orleans, LA 2.0 1.0 840 $2,800 $3.33 24d 1 0.63mi
875 O'Keefe Ave #205 New Orleans, LA 2.0 2.5 1040 $2,250 $2.16 18d 1 0.64mi

Listing history 32 events

  1. 2026-03-06
    price $215,000 910-char remark
    Show marketing remark (918 chars)

    This is the one! Come see this cozy, updated home in the heart of the city! This charmer offers covered, gated-street parking, a lovely & spacious fenced yard, and a recently painted colorful exterior. This thoughtfully designed, open concept living space offers clean lines and a functional kitchen. Just one block to the Oretha Castle Haley corridor and convenient access to anywhere in the city. Not only is this home ascetically pleasing, the bones are great as well! 2021 vinyl windows, 2024 furnace & interior HVAC, 2018 hvac compressor, ductwork has been cleaned, 2019 kitchen upgrade, refrigerator & stove 2020/2021, new roof in 2019, landscaping in rear yard, fence 2020, underground plumbing upgrade to necessary areas 2020, electrical panel & upgraded service size 2019, outdoor paint 2024, a newer attic fan, tankless water heater 2025, and an added half bath in 2025. X flood zone!

  2. 2026-03-06
    price $215,000 918-char remark
    Show marketing remark (918 chars)

    This is the one! Come see this cozy, updated home in the heart of the city! This charmer offers covered, gated-street parking, a lovely & spacious fenced yard, and a recently painted colorful exterior. This thoughtfully designed, open concept living space offers clean lines and a functional kitchen. Just one block to the Oretha Castle Haley corridor and convenient access to anywhere in the city. Not only is this home ascetically pleasing, the bones are great as well! 2021 vinyl windows, 2024 furnace & interior HVAC, 2018 hvac compressor, ductwork has been cleaned, 2019 kitchen upgrade, refrigerator & stove 2020/2021, new roof in 2019, landscaping in rear yard, fence 2020, underground plumbing upgrade to necessary areas 2020, electrical panel & upgraded service size 2019, outdoor paint 2024, a newer attic fan, tankless water heater 2025, and an added half bath in 2025. X flood zone!

  3. 2026-01-30
    price $219,000 910-char remark
    Show marketing remark (918 chars)

    This is the one! Come see this cozy, updated home in the heart of the city! This charmer offers covered, gated-street parking, a lovely & spacious fenced yard, and a recently painted colorful exterior. This thoughtfully designed, open concept living space offers clean lines and a functional kitchen. Just one block to the Oretha Castle Haley corridor and convenient access to anywhere in the city. Not only is this home ascetically pleasing, the bones are great as well! 2021 vinyl windows, 2024 furnace & interior HVAC, 2018 hvac compressor, ductwork has been cleaned, 2019 kitchen upgrade, refrigerator & stove 2020/2021, new roof in 2019, landscaping in rear yard, fence 2020, underground plumbing upgrade to necessary areas 2020, electrical panel & upgraded service size 2019, outdoor paint 2024, a newer attic fan, tankless water heater 2025, and an added half bath in 2025. X flood zone!

  4. 2026-01-30
    price $219,000 918-char remark
    Show marketing remark (918 chars)

    This is the one! Come see this cozy, updated home in the heart of the city! This charmer offers covered, gated-street parking, a lovely & spacious fenced yard, and a recently painted colorful exterior. This thoughtfully designed, open concept living space offers clean lines and a functional kitchen. Just one block to the Oretha Castle Haley corridor and convenient access to anywhere in the city. Not only is this home ascetically pleasing, the bones are great as well! 2021 vinyl windows, 2024 furnace & interior HVAC, 2018 hvac compressor, ductwork has been cleaned, 2019 kitchen upgrade, refrigerator & stove 2020/2021, new roof in 2019, landscaping in rear yard, fence 2020, underground plumbing upgrade to necessary areas 2020, electrical panel & upgraded service size 2019, outdoor paint 2024, a newer attic fan, tankless water heater 2025, and an added half bath in 2025. X flood zone!

  5. 2026-01-15
    listed $224,000 Active 910-char remark
    Show marketing remark (918 chars)

    This is the one! Come see this cozy, updated home in the heart of the city! This charmer offers covered, gated-street parking, a lovely & spacious fenced yard, and a recently painted colorful exterior. This thoughtfully designed, open concept living space offers clean lines and a functional kitchen. Just one block to the Oretha Castle Haley corridor and convenient access to anywhere in the city. Not only is this home ascetically pleasing, the bones are great as well! 2021 vinyl windows, 2024 furnace & interior HVAC, 2018 hvac compressor, ductwork has been cleaned, 2019 kitchen upgrade, refrigerator & stove 2020/2021, new roof in 2019, landscaping in rear yard, fence 2020, underground plumbing upgrade to necessary areas 2020, electrical panel & upgraded service size 2019, outdoor paint 2024, a newer attic fan, tankless water heater 2025, and an added half bath in 2025. X flood zone!

  6. 2026-01-15
    listed $224,000 Active 918-char remark
    Show marketing remark (918 chars)

    This is the one! Come see this cozy, updated home in the heart of the city! This charmer offers covered, gated-street parking, a lovely & spacious fenced yard, and a recently painted colorful exterior. This thoughtfully designed, open concept living space offers clean lines and a functional kitchen. Just one block to the Oretha Castle Haley corridor and convenient access to anywhere in the city. Not only is this home ascetically pleasing, the bones are great as well! 2021 vinyl windows, 2024 furnace & interior HVAC, 2018 hvac compressor, ductwork has been cleaned, 2019 kitchen upgrade, refrigerator & stove 2020/2021, new roof in 2019, landscaping in rear yard, fence 2020, underground plumbing upgrade to necessary areas 2020, electrical panel & upgraded service size 2019, outdoor paint 2024, a newer attic fan, tankless water heater 2025, and an added half bath in 2025. X flood zone!

  7. 2025-03-11
    price $215,000
  8. 2025-03-11
    price $215,000
  9. 2025-02-06
    listed $225,000 Active
  10. 2019-07-02
    soldstatus $167,500
  11. 2019-06-28
    soldstatus $165,000 Closed
  12. 2019-05-28
    status Pending
  13. 2019-05-23
    listed $165,000
  14. 2019-05-23
    listed $165,000 Active
  15. 2018-05-01
    soldstatus $144,335
  16. 2018-04-27
    soldstatus $144,335 Sold
  17. 2018-04-02
    historical Pending Continue to Show
  18. 2018-02-19
    price $145,000
  19. 2017-11-07
    price $160,000
  20. 2017-09-27
    price $169,900
  21. 2017-08-28
    listed $175,000 Active
  22. 2017-08-28
    listed $145,000
  23. 2015-12-15
    soldstatus $100,000
  24. 2015-12-10
    soldstatus $100,042 Sold
  25. 2015-11-03
    historical Pending Continue to Show
  26. 2015-10-19
    price $104,900
  27. 2015-09-01
    listed $109,000 Active
  28. 2015-08-31
    listed $104,900
  29. 2009-02-10
    soldstatus $26,000
  30. 2009-02-06
    soldstatus $26,000
  31. 2008-08-26
    listed $55,000
  32. 2008-08-26
    listed $55,000

ⓘ 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
$1,449 · $121/mo
Projected year-2 tax
$1,449 · $121/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 X · 75% 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 3 unhealthy d/yr today · 4 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
$20,320
− Mortgage interest
−$12,043
− Property taxes
−$1,449
− Insurance
−$1,872
− Repairs & maintenance
−$1,626
− Management
−$1,626
− Depreciation
−$6,255
Taxable loss
−$4,551
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,092
After-tax cash flow
$293/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
Orleans Parish
NCES district ID
2201170
Math proficiency
11% ▼ -52.00%
Reading proficiency
27% ▼ -46.00%
Median HH income
$37,011
Composite
15.78/100
National rank
#9271
State rank
#69 of 98 in LA

Livability — New Orleans

Score
81/100
State rank
#3
US rank
#1383

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
New Orleans, LA
County
Orleans Parish · 338,817 people
City population
338,817
Metro
New Orleans-Metairie, LA
Population (ZIP)
9,387
Household income
$39,333
Rent vs Own
75.4% rent · 24.6% own
Severe rent burden
714.0

Population outlook (Orleans County) Hauer SSP2

Today (2025)
513,025 people
By 2030
575,781 · +12.2%
By 2040
700,174 · +36.5%
By 2050
826,541 · +61.1%
By 2075
1,123,374 · +119.0%
By 2100
1,355,609 · +164.2%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.57)
Race & ethnicity
Black 61% White 20% Hispanic / Latino 13% Two or more races 11% Asian 2%
Hispanic origin (detail)
Mexican 2%
Common ancestry
Lithuanian 2% Portuguese 1% Slovak 1%
Foreign-born
13% · Canada, Vietnam, China
Languages at home
86% English-only · Spanish 11% Other Indo-European 1% Vietnamese 1%

Political lean MEDSL · Orleans

2024 margin
Solid D (+67.0) · D 82.2% · R 15.2% · Other 2.7%
2008→2024 swing
+6.7pp toward D · 2008: 60.3pp · 2024: 67.0pp
All cycles
2024: D+67.0 2020: D+68.2 2016: D+66.2 2012: D+62.5 2008: D+60.3

Not yet ingested

Civics

Market trends

HPI YoY
▲ 65.92%
Current HPI
229.3968
Rent YoY
▲ 5.98%
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

+290.9% since first listed
32 events — show timeline
  • 2026-03-06 Price Changed $215,000 AcadianaMLS
  • 2026-03-06 Price Changed $215,000 GSREIN
  • 2026-01-30 Price Changed $219,000 AcadianaMLS
  • 2026-01-30 Price Changed $219,000 GSREIN
  • 2026-01-15 Listed $224,000 GSREIN
  • 2026-01-15 Listed $224,000 AcadianaMLS
  • 2025-03-11 Price Changed $215,000 AcadianaMLS
  • 2025-03-11 Price Changed $215,000 GSREIN
  • 2025-02-06 Listed $225,000 AcadianaMLS
  • 2019-07-02 Sold (Public Records) $167,500 Public Records
  • 2019-06-28 Sold (MLS) $165,000 GSREIN
  • 2019-05-28 Pending GSREIN
  • 2019-05-23 Listed $165,000 GSREIN
  • 2019-05-23 Listed $165,000 AcadianaMLS
  • 2018-05-01 Sold (Public Records) $144,335 Public Records
  • 2018-04-27 Sold (MLS) $144,335 GSREIN
  • 2018-04-02 Contingent GSREIN
  • 2018-02-19 Price Changed $145,000 GSREIN
  • 2017-11-07 Price Changed $160,000 GSREIN
  • 2017-09-27 Price Changed $169,900 GSREIN
  • 2017-08-28 Listed $175,000 GSREIN
  • 2017-08-28 Listed $145,000 AcadianaMLS
  • 2015-12-15 Sold (Public Records) $100,000 Public Records
  • 2015-12-10 Sold (MLS) $100,042 GSREIN
  • 2015-11-03 Contingent GSREIN
  • 2015-10-19 Price Changed $104,900 GSREIN
  • 2015-09-01 Listed $109,000 GSREIN
  • 2015-08-31 Listed $104,900 AcadianaMLS
  • 2009-02-10 Sold (Public Records) $26,000 Public Records
  • 2009-02-06 Sold (MLS) $26,000 GSREIN
  • 2008-08-26 Listed $55,000 AcadianaMLS
  • 2008-08-26 Listed $55,000 GSREIN

Property tax history

+6.3%/yr

Latest (2026): $1,449 · -5.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…