2127 Urquhart St · New Orleans, LA
Flood risk 7/10 · Major
- FEMA flood zone
- X
- Chance of flooding over 30 yrs
- 0.73%
- 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 4/10 · Minor
- Unhealthy air days now
- 4 days/yr
- Unhealthy air days in 30 yrs
- 4 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 +29.4/30.0
- ARV discount +15.0/15.0
- DSCR +10.0/10.0
- 1% rule +7.4/10.0
- Livability +4.0/5.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
- Schools +1.6/10.0
- Appreciation +0.0/10.0
$120,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Discover the charm and culture of New Orleans in this 1 bed, 1 bath home located in the heart of the New Marigny, just minutes from the French Quarter, Frenchmen Street, and the vibrant St. Claude Arts District. Situated in a neighborhood celebrated for its historic architecture and artistic energy, this property is full of potential and opportunity. Inside, the home features a functional layout with a cozy living area, spacious bedroom, and full bath. A private rear outdoor space adds versatility--perfect for creating a quiet retreat or entertaining area. With unbeatable walkability, you're just blocks from St. Roch Market, local coffee shops, music venues, Armstrong Park, and neighborhood hotspots. Whether you're seeking your next investment project or a chance to customize a home in a prime location, this property offers an excellent opportunity to build equity in one of New Orleans' most dynamic neighborhoods. The home requires repairs and is best suited for an investor or a buyer prepared to take on renovation work. Foundation repairs are needed, and due to the property's condition, it will not qualify for FHA or VA financing.
Key facts
- Prime location
- 1,089 sq ft lot
- Built 1900
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/1.0-bath single-family listed at $120k.
Deal economics
- At list price, monthly cash flow is $359 ($4k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $120k).
- Recommended offer: $106k (12.0% below list) — sets the bar for market timing.
- Cap rate 10.5% 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 flat; 350 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); 710 units permitted in Orleans Parish in 2024 (244 in 5+ unit buildings).
- This rent runs 34% of the median local income ($52k/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 $830 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
- Orleans County population projected at +61% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 133 days — a 12% lower offer ($106k) is reasonable based on typical stale-listing flexibility.
- 4 sale attempts; this cycle's ask has dropped $29k (19%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $15k; list at $120k implies a 700% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: flood insurance adds $66/mo; built in 1900 — expect roof / HVAC / electrical / plumbing capex.
- 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 133 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1900 — 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
- 1.24% ✓
- Cap rate
- 10.54%
- Cash-on-cash
- 15.18%
- DSCR
- 1.68
- GRM
- 6.7
CMA / ARV
- ARV (median comp)
- $195,693
- List price
- $120,000
- Delta
- -38.68%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 7 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 2326 N Villere St | 0.23mi | 1/1.0 (-1) | 725 (-0%) | 7mo | $129,000 | $178 | 78 |
| 1215 N Villere St | 0.66mi | 2/1.0 | 728 (0%) | 1mo | $225,000 | $309 | 69 |
| 2409 Pauger St | 0.34mi | 1/1.0 (-1) | 730 (+0%) | 17mo | $170,000 | $233 | 64 |
| 1724 Frenchmen St | 0.32mi | 1/1.0 (-1) | 696 (-4%) | 18mo | $65,000 | $93 | 58 |
| 708 Marigny St | 0.42mi | 1/2.0 (-1) | 750 (+3%) | 16mo | $225,000 | $300 | 53 |
| 1316 Burgundy St | 0.52mi | 1/1.0 (-1) | 720 (-1%) | 22mo | $630,000 | $875 | 51 |
| 730 Ursulines Ave | 0.69mi | 1/1.0 (-1) | 655 (-10%) | 2mo | $415,125 | $634 | 44 |
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 · 0.18% rent growth · sell at horizon
- IRR
- -0.6%
- Equity multiple
- 0.98×
- Total profit
- $-707
- Equity at exit
- $17,892
- IRR
- 5.9%
- Equity multiple
- 1.38×
- Total profit
- $12,886
- Equity at exit
- $10,375
Cash invested: $33,600 (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 70116
- Home prices YoY
- -34.5%
- Rents YoY
- 0.2%
- Active inventory
- 350
- Price-to-rent
- 6.7×
Monthly cashflow live
- Estimated rent
- $1,493 high interval (Pro) →
- Mortgage (P&I)
- −$629
- Tax from tax record
- −$75 /mo · $901/yr
- Insurance
- −$50
- Flood insurance flood zone
- −$66 /mo · $798/yr
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$314
- Net cashflow
- $359
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
- $30,000
- Closing costs
- $3,600
- 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 |
|---|---|---|---|---|---|---|---|---|
| 2108 Urquhart St New Orleans, LA | 1.0 | 1.0 | 625 | $1,550 | $2.48 | 23d | 1 | 0.04mi |
| 1311 Saint Anthony St New Orleans, LA | 1.0 | 1.0 | 670 | $1,350 | $2.01 | 23d | 1 | 0.23mi |
| 1815 N Claiborne Ave Unit 103 A New Orleans, LA | 1.0 | 1.0 | 572 | $1,050 | $1.84 | 23d | 1 | 0.27mi |
| 1381 Annette St Unit A New Orleans, LA | 2.0 | 1.0 | 670 | $1,100 | $1.64 | 23d | 1 | 0.28mi |
| 1810 Touro St New Orleans, LA | 2.0 | 1.0 | 700 | $1,140 | $1.63 | 23d | 1 | 0.35mi |
| 1826 Burgundy St New Orleans, LA | 2.0 | 1.0 | 740 | $1,900 | $2.57 | 23d | 1 | 0.38mi |
| 1315 Columbus St New Orleans, LA | 1.0 | 1.0 | 662 | $1,400 | $2.11 | 3d | 1 | 0.40mi |
| 1908 Dauphine St Unit 2-B New Orleans, LA | 2.0 | 1.0 | 750 | $1,350 | $1.80 | 23d | 1 | 0.41mi |
| 922 Kerlerec St Unit c New Orleans, LA | 1.0 | 1.0 | 486 | $1,200 | $2.47 | 3d | 1 | 0.44mi |
| 922 Kerlerec St Unit c New Orleans, LA | 1.0 | 1.0 | 486 | $1,200 | $2.47 | 3d | 1 | 0.44mi |
| 922 Kerlerec St Unit c New Orleans, LA | 1.0 | 1.0 | 486 | $1,200 | $2.47 | 17d | 1 | 0.44mi |
| 2431 Dauphine St New Orleans, LA | 1.0 | 1.0 | 544 | $2,100 | $3.86 | 3d | 1 | 0.45mi |
| 2431 Dauphine St New Orleans, LA | 1.0 | 1.0 | 544 | $2,100 | $3.86 | 3d | 1 | 0.45mi |
| 1423 Henriette Delille St Unit A New Orleans, LA | 1.0 | 1.0 | 450 | $1,450 | $3.22 | 23d | 1 | 0.46mi |
| 1137 Esplanade Ave New Orleans, LA | 1.0 | 1.0 | 616 | $1,595 | $2.59 | 16d | 3 | 0.46mi |
| 723 Kerlerec St Unit C New Orleans, LA | 1.0 | 1.5 | 700 | $1,695 | $2.42 | 3d | 1 | 0.46mi |
| 723 Kerlerec St Unit C New Orleans, LA | 1.0 | 1.5 | 700 | $1,695 | $2.42 | 3d | 1 | 0.46mi |
| 2025 N Johnson St New Orleans, LA | 3.0 | 1.0 | 650 | $1,350 | $2.08 | 23d | 1 | 0.48mi |
| 727 Esplanade Ave Unit 203 New Orleans, LA | 1.0 | 1.0 | 658 | $1,350 | $2.05 | 3d | 1 | 0.50mi |
| 936 Esplanade Ave Unit 101 New Orleans, LA | 1.0 | 1.0 | 412 | $1,650 | $4.00 | 23d | 1 | 0.50mi |
| 1323 Dauphine St #4 New Orleans, LA | 1.0 | 1.0 | 551 | $1,675 | $3.04 | 3d | 1 | 0.51mi |
| 2321 Chartres St Unit B New Orleans, LA | 1.0 | 1.0 | 600 | $1,550 | $2.58 | 17d | 1 | 0.54mi |
| 2321 Chartres St Unit A New Orleans, LA | 1.0 | 1.0 | 587 | $1,450 | $2.47 | 23d | 1 | 0.54mi |
| 1423 N Villere St Unit B New Orleans, LA | 1.0 | 1.0 | 558 | $1,500 | $2.69 | 23d | 1 | 0.54mi |
| 2320 Chartres St Unit B New Orleans, LA | 2.0 | 1.0 | 750 | $1,500 | $2.00 | 2d | 1 | 0.56mi |
| 632 Esplanade Ave Unit 102 New Orleans, LA | 2.0 | 2.0 | 680 | $2,075 | $3.05 | 23d | 1 | 0.56mi |
| 632 Esplanade Ave Unit 202 New Orleans, LA | 1.0 | 1.0 | 402 | $1,500 | $3.73 | 10d | 1 | 0.56mi |
| 2247 N Galvez St New Orleans, LA | 2.0 | 1.0 | 669 | $1,100 | $1.64 | 23d | 1 | 0.56mi |
| 1328 Esplanade Ave Unit HM New Orleans, LA | 1.0 | 1.0 | 595 | $1,750 | $2.94 | 23d | 1 | 0.57mi |
| 2123 Marigny St New Orleans, LA | 1.0 | 1.0 | 700 | $1,000 | $1.43 | 3d | 1 | 0.58mi |
| 1216 Treme St Unit B New Orleans, LA | 1.0 | 1.0 | 550 | $1,490 | $2.71 | 23d | 1 | 0.60mi |
| 1212 Treme St Unit B New Orleans, LA | 1.0 | 1.0 | 750 | $1,490 | $1.99 | 23d | 1 | 0.60mi |
| 809 Governor Nicholls St New Orleans, LA | 1.0 | 1.0 | 715 | $1,550 | $2.17 | 3d | 1 | 0.62mi |
| 1225 Chartres St #14 New Orleans, LA | 1.0 | 1.0 | 530 | $1,550 | $2.92 | 23d | 1 | 0.65mi |
| 1129 Treme St New Orleans, LA | 1.0 | 1.0 | 650 | $1,500 | $2.31 | 23d | 1 | 0.65mi |
| 1041 Ursulines Ave Unit 103 New Orleans, LA | 1.0 | 1.0 | 731 | $1,850 | $2.53 | 23d | 1 | 0.66mi |
| 1204 Chartres St #12 New Orleans, LA | 1.0 | 1.0 | 380 | $1,395 | $3.67 | 23d | 1 | 0.67mi |
| 2720 N Claiborne Ave New Orleans, LA | 1.0 | 1.0 | 500 | $950 | $1.90 | 23d | 1 | 0.67mi |
| 545 Governor Nicholls St New Orleans, LA | 1.0 | 1.0 | 445 | $1,100 | $2.47 | 17d | 1 | 0.67mi |
| 1221 Decatur St Unit 302 New Orleans, LA | 1.0 | 1.0 | 600 | $1,500 | $2.50 | 23d | 1 | 0.68mi |
Listing history 26 events
-
2026-06-18days on market $120,000 Active 133 DOM
-
2026-06-17days on market $120,000 Active 132 DOM
-
2026-06-16days on market $120,000 Active 131 DOM
-
2026-06-15days on market $120,000 Active 130 DOM
-
2026-06-13days on market $120,000 Active 128 DOM
-
2026-06-10days on market $120,000 Active 125 DOM
-
2026-06-09days on market $120,000 Active 124 DOM
-
2026-06-08days on market $120,000 Active 123 DOM
-
2026-06-07days on market $120,000 Active 122 DOM
-
2026-06-05days on market $120,000 Active 119 DOM
-
2026-06-03days on market $120,000 Active 118 DOM
-
2026-06-02days on market $120,000 Active 117 DOM
-
2026-06-01days on market $120,000 Active 116 DOM
-
2026-05-31days on market $120,000 Active 115 DOM
-
2026-05-15status Pending 1149-char remark
Show marketing remark (1178 chars)
Discover the charm and culture of New Orleans in this 1 bed, 1 bath home located in the heart of the New Marigny, just minutes from the French Quarter, Frenchmen Street, and the vibrant St. Claude Arts District. Situated in a neighborhood celebrated for its historic architecture and artistic energy, this property is full of potential and opportunity. Inside, the home features a functional layout with a cozy living area, spacious bedroom, and full bath. A private rear outdoor space adds versatility—perfect for creating a quiet retreat or entertaining area. With unbeatable walkability, you’re just blocks from St. Roch Market, local coffee shops, music venues, Armstrong Park, and neighborhood hotspots. Whether you’re seeking your next investment project or a chance to customize a home in a prime location, this property offers an excellent opportunity to build equity in one of New Orleans’ most dynamic neighborhoods. The home requires repairs and is best suited for an investor or a buyer prepared to take on renovation work. Foundation repairs are needed, and due to the property’s condition, it will not qualify for FHA or VA financing.
-
2026-05-15historical Active Under Contract 1178-char remark
Show marketing remark (1178 chars)
Discover the charm and culture of New Orleans in this 1 bed, 1 bath home located in the heart of the New Marigny, just minutes from the French Quarter, Frenchmen Street, and the vibrant St. Claude Arts District. Situated in a neighborhood celebrated for its historic architecture and artistic energy, this property is full of potential and opportunity. Inside, the home features a functional layout with a cozy living area, spacious bedroom, and full bath. A private rear outdoor space adds versatility—perfect for creating a quiet retreat or entertaining area. With unbeatable walkability, you’re just blocks from St. Roch Market, local coffee shops, music venues, Armstrong Park, and neighborhood hotspots. Whether you’re seeking your next investment project or a chance to customize a home in a prime location, this property offers an excellent opportunity to build equity in one of New Orleans’ most dynamic neighborhoods. The home requires repairs and is best suited for an investor or a buyer prepared to take on renovation work. Foundation repairs are needed, and due to the property’s condition, it will not qualify for FHA or VA financing.
-
2026-04-29price $120,000 1149-char remark
Show marketing remark (1178 chars)
Discover the charm and culture of New Orleans in this 1 bed, 1 bath home located in the heart of the New Marigny, just minutes from the French Quarter, Frenchmen Street, and the vibrant St. Claude Arts District. Situated in a neighborhood celebrated for its historic architecture and artistic energy, this property is full of potential and opportunity. Inside, the home features a functional layout with a cozy living area, spacious bedroom, and full bath. A private rear outdoor space adds versatility—perfect for creating a quiet retreat or entertaining area. With unbeatable walkability, you’re just blocks from St. Roch Market, local coffee shops, music venues, Armstrong Park, and neighborhood hotspots. Whether you’re seeking your next investment project or a chance to customize a home in a prime location, this property offers an excellent opportunity to build equity in one of New Orleans’ most dynamic neighborhoods. The home requires repairs and is best suited for an investor or a buyer prepared to take on renovation work. Foundation repairs are needed, and due to the property’s condition, it will not qualify for FHA or VA financing.
-
2026-04-29price $120,000 1178-char remark
Show marketing remark (1178 chars)
Discover the charm and culture of New Orleans in this 1 bed, 1 bath home located in the heart of the New Marigny, just minutes from the French Quarter, Frenchmen Street, and the vibrant St. Claude Arts District. Situated in a neighborhood celebrated for its historic architecture and artistic energy, this property is full of potential and opportunity. Inside, the home features a functional layout with a cozy living area, spacious bedroom, and full bath. A private rear outdoor space adds versatility—perfect for creating a quiet retreat or entertaining area. With unbeatable walkability, you’re just blocks from St. Roch Market, local coffee shops, music venues, Armstrong Park, and neighborhood hotspots. Whether you’re seeking your next investment project or a chance to customize a home in a prime location, this property offers an excellent opportunity to build equity in one of New Orleans’ most dynamic neighborhoods. The home requires repairs and is best suited for an investor or a buyer prepared to take on renovation work. Foundation repairs are needed, and due to the property’s condition, it will not qualify for FHA or VA financing.
-
2026-02-05$149,000 Active 1149-char remark
Show marketing remark (1178 chars)
Discover the charm and culture of New Orleans in this 1 bed, 1 bath home located in the heart of the New Marigny, just minutes from the French Quarter, Frenchmen Street, and the vibrant St. Claude Arts District. Situated in a neighborhood celebrated for its historic architecture and artistic energy, this property is full of potential and opportunity. Inside, the home features a functional layout with a cozy living area, spacious bedroom, and full bath. A private rear outdoor space adds versatility—perfect for creating a quiet retreat or entertaining area. With unbeatable walkability, you’re just blocks from St. Roch Market, local coffee shops, music venues, Armstrong Park, and neighborhood hotspots. Whether you’re seeking your next investment project or a chance to customize a home in a prime location, this property offers an excellent opportunity to build equity in one of New Orleans’ most dynamic neighborhoods. The home requires repairs and is best suited for an investor or a buyer prepared to take on renovation work. Foundation repairs are needed, and due to the property’s condition, it will not qualify for FHA or VA financing.
-
2026-02-05$149,000 Active 1178-char remark
Show marketing remark (1178 chars)
Discover the charm and culture of New Orleans in this 1 bed, 1 bath home located in the heart of the New Marigny, just minutes from the French Quarter, Frenchmen Street, and the vibrant St. Claude Arts District. Situated in a neighborhood celebrated for its historic architecture and artistic energy, this property is full of potential and opportunity. Inside, the home features a functional layout with a cozy living area, spacious bedroom, and full bath. A private rear outdoor space adds versatility—perfect for creating a quiet retreat or entertaining area. With unbeatable walkability, you’re just blocks from St. Roch Market, local coffee shops, music venues, Armstrong Park, and neighborhood hotspots. Whether you’re seeking your next investment project or a chance to customize a home in a prime location, this property offers an excellent opportunity to build equity in one of New Orleans’ most dynamic neighborhoods. The home requires repairs and is best suited for an investor or a buyer prepared to take on renovation work. Foundation repairs are needed, and due to the property’s condition, it will not qualify for FHA or VA financing.
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2025-09-18price $149,000
-
2025-09-18price $149,000
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2025-07-25$156,000 Active
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2025-07-25$149,000 Active
-
2000-09-20soldstatus $15,000
-
1993-01-19soldstatus $10,000
ⓘ 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
- $901 · $75/mo
- Projected year-2 tax
- $901 · $75/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 · 73% 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 4/10 Moderate 4 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
- $17,916
- − Mortgage interest
- −$6,722
- − Property taxes
- −$901
- − Insurance
- −$1,398
- − Repairs & maintenance
- −$1,433
- − Management
- −$1,433
- − Depreciation
- −$3,491
- Taxable income
- $2,538
- Est. tax owed @ 24.0%
- −$609
- After-tax cash flow
- $3,694/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
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)
- 10,404
- Household income
- $52,306
- Rent vs Own
- Severe rent burden
- 1001.0
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 0.63)
- Race & ethnicity
- White 45% Black 40% Hispanic / Latino 10% Two or more races 8%
- Hispanic origin (detail)
- Mexican 1% Cuban 3%
- Common ancestry
- Lithuanian 6% Slovak 3% Romanian 3%
- Foreign-born
- 5% · Canada
- Languages at home
- 90% English-only · Spanish 6% French/Haitian/Cajun 2%
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
- ▼ -144.83%
- Current HPI
- 275.5453
- Rent YoY
- ▲ 0.18%
- 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
+1100.0% since first listed12 events — show timeline
- 2026-05-15 Pending — AcadianaMLS
- 2026-05-15 Contingent — GSREIN
- 2026-04-29 Price Changed $120,000 AcadianaMLS
- 2026-04-29 Price Changed $120,000 GSREIN
- 2026-02-05 Listed $149,000 GSREIN
- 2026-02-05 Listed $149,000 AcadianaMLS
- 2025-09-18 Price Changed $149,000 AcadianaMLS
- 2025-09-18 Price Changed $149,000 GSREIN
- 2025-07-25 Listed $149,000 AcadianaMLS
- 2025-07-25 Listed $156,000 AcadianaMLS
- 2000-09-20 Sold (Public Records) $15,000 Public Records
- 1993-01-19 Sold (Public Records) $10,000 Public Records
Property tax history
+24.0%/yrLatest (2026): $901 · -43.6% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…