1732 Barbara Dr · Slidell, LA 70460

$175,000

3 bd · 2.0 ba · 1,750 sqft · SingleFamily public records · 63 Days on market

Built 1984 0.30 ac lot $100/sqft · 17% below area Est $210k · 16% under

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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 +27.5/30.0
• ARV discount +14.9/15.0
• DSCR +9.7/10.0
• 1% rule +6.3/10.0
• Schools +4.3/10.0
• Rent growth +4.0/5.0
• Livability +3.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

RELAX ON THE DECK OR FRONT PORCH OF THIS 3BR/2BA HOME WITH A FULL OFFICE * VERY UPDATED HOME AND ALL NEW WINDOWS * WOOD & NAPCO TILE FLOORING * GAS FIREPLACE * JETTED GARDEN TUB & SEP SHOWER IN PRIMARY BATH * CATHEDRAL CEILINGS IN LIVING ROOM * SOLID WOOD CHERRY CABINETS * NEWER APPLIANCES, NEWER A/C, NEWER WATER HEATER, NO CARPET DETACHED GARAGE * FEELS LIKE YOU'RE IN THE COUNTRY -AT END OF STREET * LARGE LOT * This property qualifies for 100 % financing!!! Bring your buyers for this great deal.

Key facts

• 0.3 acre lot
• Garage
• Built 1984

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $175k.

Deal economics

• At list price, monthly cash flow is $519 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $175k).
• Recommended offer: $164k (6.0% below list) — sets the bar for market timing.
• Cap rate 9.9% vs local median 5.9% in Slidell — 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 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: Bayou Woods Elementary School (math 52% / reading 47%, grade D, #129 of 646 statewide, top 21%, 432 students, 72% FRL); Slidell Junior High School (math 25% / reading 47%, grade F, #84 of 218 statewide, top 41%, 823 students, 60% FRL); Slidell High School (math 34% / reading 41%, grade F, #93 of 265 statewide, top 36%, 1,883 students, 52% FRL) — zoned schools average 61% FRL vs 40% district-wide (22 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising fast (+5.9%/yr); 246 active listings in the ZIP; 9 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 78% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,064 units permitted in St. Tammany Parish in 2024 (0 in 5+ unit buildings).
• This rent runs 38% of the median local income ($63k/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.
• St. Tammany County population projected at +27% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 5.9% rent growth), your $49k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 63 days — a 6% lower offer ($164k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 22y ago; this cycle's ask has dropped $14k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $130k; 35% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $164,500 (6.0% below list)

Questions for the listing agent

1. It's been on market 63 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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.
6. 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.
7. 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: 1.13% ✓
• Cap rate: 9.85%
• Cash-on-cash: 12.71%
• DSCR: 1.57
• GRM: 7.4

CMA / ARV

• ARV (median comp): $209,580
• List price: $175,000
• Delta: -16.50%
• 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
314 Raleigh Dr	0.48mi	3/2.0	1,755 (+0%)	9mo	$220,000	$125	70
201 Drury Ln	0.68mi	3/2.0	1,648 (-6%)	2mo	$170,000	$103	57
317 Raleigh Dr	0.53mi	4/2.0 (+1)	1,810 (+3%)	11mo	$240,000	$133	55
319 Westminster Dr	0.75mi	3/2.0	1,648 (-6%)	2mo	$228,500	$139	54
213 Drury Ln	0.71mi	3/2.0	1,588 (-9%)	1mo	$191,000	$120	51
308 Westminster Dr	0.69mi	4/2.0 (+1)	1,868 (+7%)	1mo	$220,000	$118	51
211 Holmes Dr	0.61mi	3/2.0	1,560 (-11%)	3mo	$235,000	$151	50
313 Westminster Dr	0.72mi	4/2.0 (+1)	1,600 (-9%)	2mo	$210,000	$131	46
217 Portsmouth Dr	0.69mi	4/2.0 (+1)	1,576 (-10%)	2mo	$220,000	$140	44
327 Holmes Dr	0.75mi	4/2.0 (+1)	1,590 (-9%)	5mo	$240,000	$151	41
1037 Saint Joseph St	0.73mi	4/2.0 (+1)	1,908 (+9%)	8mo	$244,900	$128	39
225 Drury Ln	0.75mi	4/2.0 (+1)	1,525 (-13%)	6mo	$154,000	$101	34

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 · 5.91% rent growth · sell at horizon

5-year hold

• IRR: 5.4%
• Equity multiple: 1.22×
• Total profit: $10,592
• Equity at exit: $26,093

10-year hold

• IRR: 17.1%
• Equity multiple: 2.58×
• Total profit: $77,518
• Equity at exit: $15,131

Cash invested: $49,000 (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.

Methodology + full state rankings →

ZIP-level market 70460

• Rents YoY: 5.9%
• Active inventory: 246
• Price-to-rent: 7.4×

Monthly cashflow live

• Estimated rent: $1,983 high
• Mortgage (P&I): −$918
• Tax from tax record: −$57 /mo · $684/yr
• Insurance: −$73
• HOA: −$0
• Vacancy / Maint / Mgmt: −$416
• Net cashflow: $519

Break-even live

Break-even rent $1,326

Max offer price $175,000

Occupancy floor 69%

Sensitivity live

Price	-10% $618	-5% $568	+0% $519	+5% $469	+10% $420
Rent	-10% $362	-5% $441	+0% $519	+5% $597	+10% $675
Rate	-1.0pp $607	-0.5pp $563	base $519	+0.5pp $473	+1.0pp $427

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: $43,750
• Closing costs: $5,250
• Reserves months: —
• Total cash needed: —

Rent comps 9 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
308 Raleigh Dr Slidell, LA	4.0	2.5	2292	$2,125	$0.93	45d	1	0.46mi
36409 Jackson Rd Slidell, LA	4.0	2.0	1670	$2,100	$1.26	45d	1	0.51mi
35567 Liberty Dr Slidell, LA	3.0	2.0	1232	$1,650	$1.34	46d	1	0.82mi
110 Charles Dr Slidell, LA	4.0	2.0	2210	$2,175	$0.98	13d	1	0.82mi
1111 Saint Scholastica St Slidell, LA	3.0	2.0	2037	$2,000	$0.98	25d	1	0.83mi
444 Holmes Dr Slidell, LA	4.0	2.0	1594	$1,800	$1.13	46d	1	1.01mi
35363 Melody Ln Slidell, LA	3.0	2.0	1510	$1,800	$1.19	45d	1	1.08mi
35621 Oak Ridge Ave Slidell, LA	3.0	2.0	1406	$1,800	$1.28	45d	1	1.33mi
58019 Carroll Rd Slidell, LA	4.0	2.0	1400	$1,695	$1.21	45d	1	1.45mi

Listing history 29 events

1. 2026-06-21
   days on market $175,000 Active 63 DOM
2. 2026-06-18
   days on market $175,000 Active 60 DOM
3. 2026-06-17
   days on market $175,000 Active 59 DOM
4. 2026-06-16
   days on market $175,000 Active 58 DOM
5. 2026-06-15
   price $175,000 Active 57 DOM
6. 2026-06-15
   days on market $187,000 Active 57 DOM
7. 2026-06-13
   days on market $187,000 Active 55 DOM
8. 2026-06-10
   days on market $187,000 Active 52 DOM
9. 2026-06-09
   days on market $187,000 Active 51 DOM
10. 2026-06-08
    days on market $187,000 Active 50 DOM
11. 2026-06-07
    days on market $187,000 Active 49 DOM
12. 2026-06-03
    days on market $187,000 Active 45 DOM
13. 2026-06-02
    days on market $187,000 Active 44 DOM
14. 2026-06-01
    days on market $187,000 Active 43 DOM
15. 2026-05-31
    days on market $187,000 Active 42 DOM
16. 2026-04-18
    listed $189,000 Active 516-char remark

    Show marketing remark (491 chars)

    RELAX ON THE DECK OR FRONT PORCH OF THIS 3BR/2BA HOME WITH A FULL OFFICE *VERY UPDATED HOME AND ALL NEW WINDOWS*WOOD & NAPCO TILE FLOORING*GAS FIREPLACE*JETTED GARDEN TUB & SEP SHOWER IN PRIMARY BATH*CATHEDRAL CEILINGS IN LIVING ROOM*SOLID WOOD CHERRY CABINETS*NEWER APPLIANCES, NEWER A/C, NEWER WATER HEATER, NO CARPET DETACHED GARAGE*FEELS LIKE YOU'RE IN THE COUNTRY -AT END OF STREET*LARGE LOT* This property qualifies for 100 % financing!!! Bring your buyers for this great deal.

17. 2026-04-18
    listed $189,000 Active 491-char remark

    Show marketing remark (491 chars)

    RELAX ON THE DECK OR FRONT PORCH OF THIS 3BR/2BA HOME WITH A FULL OFFICE *VERY UPDATED HOME AND ALL NEW WINDOWS*WOOD & NAPCO TILE FLOORING*GAS FIREPLACE*JETTED GARDEN TUB & SEP SHOWER IN PRIMARY BATH*CATHEDRAL CEILINGS IN LIVING ROOM*SOLID WOOD CHERRY CABINETS*NEWER APPLIANCES, NEWER A/C, NEWER WATER HEATER, NO CARPET DETACHED GARAGE*FEELS LIKE YOU'RE IN THE COUNTRY -AT END OF STREET*LARGE LOT* This property qualifies for 100 % financing!!! Bring your buyers for this great deal.

18. 2025-10-23
    price $189,000
19. 2025-10-23
    price $189,000
20. 2025-10-09
    price $197,500
21. 2025-10-09
    price $197,500
22. 2025-09-01
    listed $199,500 Active
23. 2005-11-30
    soldstatus $130,000
24. 2005-08-23
    listed $130,000
25. 2005-08-23
    listed $130,000
26. 2004-09-28
    soldstatus $116,900
27. 2004-09-20
    soldstatus $116,900
28. 2004-06-01
    listed $119,900
29. 2004-06-01
    listed $119,900

ⓘ 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: $684 · $57/mo
• Projected year-2 tax: $962 · $80/mo
• Expected delta: +$278/yr (+$23/mo · 40.7%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 7/10 Severe 74% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥108°F today · 20 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,795
• − Mortgage interest: −$9,803
• − Property taxes: −$684
• − Insurance: −$875
• − Repairs & maintenance: −$1,904
• − Management: −$1,904
• − Depreciation: −$5,091
• Taxable income: $3,535
• Est. tax owed @ 24.0%: −$848
• After-tax cash flow: $5,378/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

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

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): 21,669
• Household income: $62,565
• Rent vs Own: 22.0% rent · 78.0% own
• Severe rent burden: 318.0

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 0.62)
• Race & ethnicity: White 53% Black 29% Two or more races 11% Hispanic / Latino 10% Pacific Islander 2%
• Hispanic origin (detail): Mexican 3%
• Common ancestry: Lithuanian 13% Slovak 1% Italian 1%
• Foreign-born: 5% · Canada
• Languages at home: 92% English-only · Spanish 6%

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: ▼ -93.87%
• Current HPI: 130.56
• Rent YoY: ▲ 5.91%
• Metro: New Orleans-Metairie, LA
• State GDP YoY: ▲ 3.29%
• F500 in state: 10

Industry mix (Fortune 500 HQ in LA)

Industry	F500 HQs	Revenue
▸Telecommunications	2	$23B
▸Utilities	1	$12B
▸Wholesale / Distribution	1	$5B
▸Advertising	1	$2B

Price history

+57.6% since first listed

14 events — show timeline

• 2026-04-18 Listed $189,000 AcadianaMLS
• 2026-04-18 Listed $189,000 GSREIN
• 2025-10-23 Price Changed $189,000 AcadianaMLS
• 2025-10-23 Price Changed $189,000 GSREIN
• 2025-10-09 Price Changed $197,500 AcadianaMLS
• 2025-10-09 Price Changed $197,500 GSREIN
• 2025-09-01 Listed $199,500 AcadianaMLS
• 2005-11-30 Sold (MLS) $130,000 GSREIN
• 2005-08-23 Listed $130,000 AcadianaMLS
• 2005-08-23 Listed $130,000 GSREIN
• 2004-09-28 Sold (Public Records) $116,900 Public Records
• 2004-09-20 Sold (MLS) $116,900 GSREIN
• 2004-06-01 Listed $119,900 AcadianaMLS
• 2004-06-01 Listed $119,900 GSREIN

Property tax history

-9.4%/yr

Latest (2025): $684 · -3.7% YoY. Source: county tax records.