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860 Oak St
C+ Composite 63.07
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).

  • Cash flow +24.3/30.0
  • ARV discount +12.0/15.0
  • DSCR +7.8/10.0
  • 1% rule +5.8/10.0
  • Schools +4.3/10.0
  • Livability +3.5/5.0
  • Rent growth +2.9/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$146,900

860 Oak St · Slidell, LA 70458
3 bd · 1.0 ba · 1,000 sqft · SingleFamily public records · 106 Days on market
Built 1956 $147/sqft · 15% below area Est $163k · 10% under

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

Listing remarks MLS

Welcome to this beautifully updated 3-bedroom, 1-bath brick home in Slidell, freshly painted and fully furnished, where timeless charm meets modern updates. Thoughtfully renovated throughout, this home is truly move-in ready and for first-time homebuyers or investors. Currently producing over $2,000/month in rental income with a property manager in place, this turnkey opportunity offers immediate cash flow while still being a cozy home to call your own. The inviting living areas provide the perfect balance of comfort and relaxing evenings or entertaining friends and family. The updated kitchen features modern finishes, ample cabinetry, and plenty of counter space. Step outside to your fully fenced backyard and covered patio--a private retreat for pets, gardening, or outdoor entertaining. Located in a quiet, established neighborhood, this home combines peaceful living with easy access to schools, shopping, and dining. Property Highlights: 3 Bedrooms / 1 Bathroom Cute barn/shed with chicken coup Located walking distance to the parade route Minutes to I-10 and NOLA Fully Furnished & Move-In Ready Updated Kitchen with Modern Finishes Fresh Paint & Recent Updates Throughout Cozy Living Areas for Relaxing & Entertaining New Roof 2022 Fully Fenced Backyard with Covered Patio Prime Location in a Quiet, Established Neighborhood Income-Producing - Over $2,000/Month with Manager in Place Don't miss this rare combination of comfort, style, and investment potential--schedule your showing today! Greta Rabalais (985) 445-0304

Key facts

  • Covered patio
  • Income producing
  • Updated kitchen

Tags

UPDATED KITCHENFULLY FENCED BACKYARDCOVERED PATIOPRIME LOCATIONINCOME PRODUCING

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 $147k.

Deal economics

  • At list price, monthly cash flow is $295 ($4k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $147k).
  • Recommended offer: $134k (9.0% below list) — sets the bar for market timing.
  • Cap rate 8.7% 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.
  • Market conditions: Rents rising (+1.5%/yr); 489 active listings in the ZIP; 22 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 1,064 units permitted in St. Tammany Parish in 2024 (0 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
  • St. Tammany County population projected at +27% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 106 days — a 9% lower offer ($134k) is reasonable based on typical stale-listing flexibility.
  • 16 sale attempts since 20y 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.

Risks & watch-outs

  • Watch-outs: built in 1956 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $133,679 (9.0% below list)

Questions for the listing agent

  1. It's been on market 106 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
  2. Built in 1956 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. 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?
  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
1.08%
Cap rate
8.71%
Cash-on-cash
8.62%
DSCR
1.38
GRM
7.7

CMA / ARV

ARV (median comp)
$163,313
List price
$146,900
Delta
-10.05%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 11 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
784 Pinetree St 0.20mi 3/1.0 935 (-6%) 2mo $145,000 $155 78
727 Stanley St 0.43mi 3/1.0 1,026 (+3%) 4mo $45,000 $44 72
3281 Rama St 0.38mi 2/1.0 (-1) 974 (-3%) 2mo $163,300 $168 72
3222 Duncan St 0.11mi 3/2.0 1,100 (+10%) 4mo $66,200 $60 71
3176 Carey St 0.56mi 3/1.0 925 (-8%) 4mo $137,000 $148 58
3113 Terrace Ave 0.47mi 2/1.0 (-1) 914 (-9%) 9mo $127,500 $139 51
2970 College St 0.63mi 2/1.0 (-1) 1,038 (+4%) 11mo $137,000 $132 50
3360 Reine Ave 0.53mi 3/1.0 1,090 (+9%) 12mo $60,000 $55 50
3033 Effie St 0.52mi 3/1.0 1,116 (+12%) 16mo $152,500 $137 43
429 Codifer St 0.53mi 3/2.0 1,137 (+14%) 21mo $165,000 $145 31
3224 College St 0.64mi 3/1.0 877 (-12%) 23mo $89,500 $102 30

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

Projected returns pro-forma

-3.0% appreciation · 1.47% rent growth · sell at horizon

5-year hold
IRR
-4.9%
Equity multiple
0.82×
Total profit
$-7,399
Equity at exit
$21,903
10-year hold
IRR
3.0%
Equity multiple
1.20×
Total profit
$8,193
Equity at exit
$12,701

Cash invested: $41,132 (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 70458

Rents YoY
1.5%
Active inventory
489
Price-to-rent
7.7×

Monthly cashflow live

Estimated rent
$1,580 high interval (Pro) →
Mortgage (P&I)
$770
Tax from tax record
$121 /mo · $1,451/yr
Insurance
$61
HOA
$0
Vacancy / Maint / Mgmt
$332
Net cashflow
$295

Break-even live

Break-even rent $1,206
Max offer price $146,900
Occupancy floor 76%

Sensitivity live

Price -10% $379 -5% $337 +0% $295 +5% $254 +10% $212
Rent -10% $171 -5% $233 +0% $295 +5% $358 +10% $420
Rate -1.0pp $369 -0.5pp $333 base $295 +0.5pp $257 +1.0pp $219

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
$36,725
Closing costs
$4,407
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 22 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
3046 Slidell Ave Slidell, LA 4.0 1.0 1253 $1,850 $1.48 4d 1 0.08mi
2864 Slidell Ave Slidell, LA 3.0 1.0 963 $1,395 $1.45 4d 1 0.12mi
901 Old Spanish Trl Slidell, LA 2.0 1.5 1070 $1,120 $1.05 12d 1 0.17mi
3159 Dee St Slidell, LA 3.0 1.0 898 $1,400 $1.56 44d 1 0.21mi
3304 Bridge Dr Slidell, LA 3.0 2.0 1250 $1,700 $1.36 44d 1 0.39mi
3152 College St Slidell, LA 3.0 1.0 1373 $1,750 $1.27 44d 1 0.62mi
172 South St Slidell, LA 4.0 2.0 1486 $1,800 $1.21 22d 1 0.77mi
1303 Town Center Pkwy Slidell, LA 3.0 1.0–2.0 990 $1,825 $1.84 2d 31 0.94mi
1112 Cousin St Slidell, LA 2.0 1.0 782 $1,100 $1.41 4d 1 1.04mi
1640 Town Center Pkwy Slidell, LA 3.0 1.0–2.0 959 $1,895 $1.98 2d 46 1.04mi
519 Spartan Dr #9101 Slidell, LA 2.0 2.0 1304 $1,400 $1.07 24d 1 1.07mi
2004 5th St Unit A Slidell, LA 2.0 1.0 900 $1,250 $1.39 24d 1 1.09mi
517 Erlanger Ave Unit A Slidell, LA 3.0 2.0 1134 $1,375 $1.21 15d 1 1.11mi
517 Erlanger Ave Unit A Slidell, LA 3.0 2.0 1134 $1,400 $1.23 44d 1 1.11mi
516 Erlanger Ave Slidell, LA 2.0 2.0 1250 $1,750 $1.40 44d 1 1.15mi
2001 Tenth St Unit B Slidell, LA 3.0 2.0 1137 $1,550 $1.36 17d 1 1.18mi
48 Chamale Cv E Slidell, LA 2.0 2.0 1432 $1,650 $1.15 44d 1 1.21mi
96 Chamale Cv Slidell, LA 3.0 2.5 1432 $1,500 $1.05 44d 1 1.23mi
96 Chamale Cv Slidell, LA 2.0 2.5 1432 $1,500 $1.05 24d 1 1.23mi
2009 Beth Dr Slidell, LA 3.0 2.0 1500 $1,750 $1.17 4d 1 1.25mi
221 Bella Sera Ln Slidell, LA 3.0 2.0 1028 $1,525 $1.48 12d 1 1.28mi
301 Spartan Dr Slidell, LA 1.0–2.0 1.0–2.0 880 $1,502 $1.71 4d 8 1.30mi

Listing history 47 events

  1. 2026-06-18
    days on market $146,900 Active 106 DOM
  2. 2026-06-17
    days on market $146,900 Active 105 DOM
  3. 2026-06-16
    days on market $146,900 Active 104 DOM
  4. 2026-06-15
    days on market $146,900 Active 103 DOM
  5. 2026-06-13
    days on market $146,900 Active 101 DOM
  6. 2026-06-10
    days on market $146,900 Active 98 DOM
  7. 2026-06-09
    days on market $146,900 Active 97 DOM
  8. 2026-06-08
    days on market $146,900 Active 96 DOM
  9. 2026-06-07
    days on market $146,900 Active 95 DOM
  10. 2026-06-03
    days on market $146,900 Active 91 DOM
  11. 2026-06-02
    days on market $146,900 Active 90 DOM
  12. 2026-06-01
    days on market $146,900 Active 89 DOM
  13. 2026-05-31
    days on market $146,900 Active 88 DOM
  14. 2026-05-04
    status Active 1548-char remark
    Show marketing remark (1548 chars)

    Welcome to this beautifully updated 3-bedroom, 1-bath brick home in Slidell, freshly painted and fully furnished, where timeless charm meets modern updates. Thoughtfully renovated throughout, this home is truly move-in ready and for first-time homebuyers or investors. Currently producing over $2,000/month in rental income with a property manager in place, this turnkey opportunity offers immediate cash flow while still being a cozy home to call your own. The inviting living areas provide the perfect balance of comfort and relaxing evenings or entertaining friends and family. The updated kitchen features modern finishes, ample cabinetry, and plenty of counter space. Step outside to your fully fenced backyard and covered patio--a private retreat for pets, gardening, or outdoor entertaining. Located in a quiet, established neighborhood, this home combines peaceful living with easy access to schools, shopping, and dining. Property Highlights: 3 Bedrooms / 1 Bathroom Cute barn/shed with chicken coup Located walking distance to the parade route Minutes to I-10 and NOLA Fully Furnished & Move-In Ready Updated Kitchen with Modern Finishes Fresh Paint & Recent Updates Throughout Cozy Living Areas for Relaxing & Entertaining New Roof 2022 Fully Fenced Backyard with Covered Patio Prime Location in a Quiet, Established Neighborhood Income-Producing - Over $2,000/Month with Manager in Place Don't miss this rare combination of comfort, style, and investment potential--schedule your showing today! Greta Rabalais (985) 445-0304

  15. 2026-05-04
    price $146,900 1548-char remark
    Show marketing remark (1548 chars)

    Welcome to this beautifully updated 3-bedroom, 1-bath brick home in Slidell, freshly painted and fully furnished, where timeless charm meets modern updates. Thoughtfully renovated throughout, this home is truly move-in ready and for first-time homebuyers or investors. Currently producing over $2,000/month in rental income with a property manager in place, this turnkey opportunity offers immediate cash flow while still being a cozy home to call your own. The inviting living areas provide the perfect balance of comfort and relaxing evenings or entertaining friends and family. The updated kitchen features modern finishes, ample cabinetry, and plenty of counter space. Step outside to your fully fenced backyard and covered patio--a private retreat for pets, gardening, or outdoor entertaining. Located in a quiet, established neighborhood, this home combines peaceful living with easy access to schools, shopping, and dining. Property Highlights: 3 Bedrooms / 1 Bathroom Cute barn/shed with chicken coup Located walking distance to the parade route Minutes to I-10 and NOLA Fully Furnished & Move-In Ready Updated Kitchen with Modern Finishes Fresh Paint & Recent Updates Throughout Cozy Living Areas for Relaxing & Entertaining New Roof 2022 Fully Fenced Backyard with Covered Patio Prime Location in a Quiet, Established Neighborhood Income-Producing - Over $2,000/Month with Manager in Place Don't miss this rare combination of comfort, style, and investment potential--schedule your showing today! Greta Rabalais (985) 445-0304

  16. 2026-05-04
    price $146,900 1576-char remark
    Show marketing remark (1548 chars)

    Welcome to this beautifully updated 3-bedroom, 1-bath brick home in Slidell, freshly painted and fully furnished, where timeless charm meets modern updates. Thoughtfully renovated throughout, this home is truly move-in ready and for first-time homebuyers or investors. Currently producing over $2,000/month in rental income with a property manager in place, this turnkey opportunity offers immediate cash flow while still being a cozy home to call your own. The inviting living areas provide the perfect balance of comfort and relaxing evenings or entertaining friends and family. The updated kitchen features modern finishes, ample cabinetry, and plenty of counter space. Step outside to your fully fenced backyard and covered patio--a private retreat for pets, gardening, or outdoor entertaining. Located in a quiet, established neighborhood, this home combines peaceful living with easy access to schools, shopping, and dining. Property Highlights: 3 Bedrooms / 1 Bathroom Cute barn/shed with chicken coup Located walking distance to the parade route Minutes to I-10 and NOLA Fully Furnished & Move-In Ready Updated Kitchen with Modern Finishes Fresh Paint & Recent Updates Throughout Cozy Living Areas for Relaxing & Entertaining New Roof 2022 Fully Fenced Backyard with Covered Patio Prime Location in a Quiet, Established Neighborhood Income-Producing - Over $2,000/Month with Manager in Place Don't miss this rare combination of comfort, style, and investment potential--schedule your showing today! Greta Rabalais (985) 445-0304

  17. 2026-05-04
    status Active 1576-char remark
    Show marketing remark (1548 chars)

    Welcome to this beautifully updated 3-bedroom, 1-bath brick home in Slidell, freshly painted and fully furnished, where timeless charm meets modern updates. Thoughtfully renovated throughout, this home is truly move-in ready and for first-time homebuyers or investors. Currently producing over $2,000/month in rental income with a property manager in place, this turnkey opportunity offers immediate cash flow while still being a cozy home to call your own. The inviting living areas provide the perfect balance of comfort and relaxing evenings or entertaining friends and family. The updated kitchen features modern finishes, ample cabinetry, and plenty of counter space. Step outside to your fully fenced backyard and covered patio--a private retreat for pets, gardening, or outdoor entertaining. Located in a quiet, established neighborhood, this home combines peaceful living with easy access to schools, shopping, and dining. Property Highlights: 3 Bedrooms / 1 Bathroom Cute barn/shed with chicken coup Located walking distance to the parade route Minutes to I-10 and NOLA Fully Furnished & Move-In Ready Updated Kitchen with Modern Finishes Fresh Paint & Recent Updates Throughout Cozy Living Areas for Relaxing & Entertaining New Roof 2022 Fully Fenced Backyard with Covered Patio Prime Location in a Quiet, Established Neighborhood Income-Producing - Over $2,000/Month with Manager in Place Don't miss this rare combination of comfort, style, and investment potential--schedule your showing today! Greta Rabalais (985) 445-0304

  18. 2026-05-04
    historical 1576-char remark
    Show marketing remark (1548 chars)

    Welcome to this beautifully updated 3-bedroom, 1-bath brick home in Slidell, freshly painted and fully furnished, where timeless charm meets modern updates. Thoughtfully renovated throughout, this home is truly move-in ready and for first-time homebuyers or investors. Currently producing over $2,000/month in rental income with a property manager in place, this turnkey opportunity offers immediate cash flow while still being a cozy home to call your own. The inviting living areas provide the perfect balance of comfort and relaxing evenings or entertaining friends and family. The updated kitchen features modern finishes, ample cabinetry, and plenty of counter space. Step outside to your fully fenced backyard and covered patio--a private retreat for pets, gardening, or outdoor entertaining. Located in a quiet, established neighborhood, this home combines peaceful living with easy access to schools, shopping, and dining. Property Highlights: 3 Bedrooms / 1 Bathroom Cute barn/shed with chicken coup Located walking distance to the parade route Minutes to I-10 and NOLA Fully Furnished & Move-In Ready Updated Kitchen with Modern Finishes Fresh Paint & Recent Updates Throughout Cozy Living Areas for Relaxing & Entertaining New Roof 2022 Fully Fenced Backyard with Covered Patio Prime Location in a Quiet, Established Neighborhood Income-Producing - Over $2,000/Month with Manager in Place Don't miss this rare combination of comfort, style, and investment potential--schedule your showing today! Greta Rabalais (985) 445-0304

  19. 2026-05-04
    status Active 1548-char remark
    Show marketing remark (1548 chars)

    Welcome to this beautifully updated 3-bedroom, 1-bath brick home in Slidell, freshly painted and fully furnished, where timeless charm meets modern updates. Thoughtfully renovated throughout, this home is truly move-in ready and for first-time homebuyers or investors. Currently producing over $2,000/month in rental income with a property manager in place, this turnkey opportunity offers immediate cash flow while still being a cozy home to call your own. The inviting living areas provide the perfect balance of comfort and relaxing evenings or entertaining friends and family. The updated kitchen features modern finishes, ample cabinetry, and plenty of counter space. Step outside to your fully fenced backyard and covered patio--a private retreat for pets, gardening, or outdoor entertaining. Located in a quiet, established neighborhood, this home combines peaceful living with easy access to schools, shopping, and dining. Property Highlights: 3 Bedrooms / 1 Bathroom Cute barn/shed with chicken coup Located walking distance to the parade route Minutes to I-10 and NOLA Fully Furnished & Move-In Ready Updated Kitchen with Modern Finishes Fresh Paint & Recent Updates Throughout Cozy Living Areas for Relaxing & Entertaining New Roof 2022 Fully Fenced Backyard with Covered Patio Prime Location in a Quiet, Established Neighborhood Income-Producing - Over $2,000/Month with Manager in Place Don't miss this rare combination of comfort, style, and investment potential--schedule your showing today! Greta Rabalais (985) 445-0304

  20. 2026-05-03
    status Active 1576-char remark
    Show marketing remark (1576 chars)

    Welcome to this beautifully updated 3-bedroom, 1-bath brick home in Slidell, freshly painted and fully furnished, where timeless charm meets modern updates. Thoughtfully renovated throughout, this home is truly move-in ready and for first-time homebuyers or investors. Currently producing over $2,000/month in rental income with a property manager in place, this turnkey opportunity offers immediate cash flow while still being a cozy home to call your own. The inviting living areas provide the perfect balance of comfort and relaxing evenings or entertaining friends and family. The updated kitchen features modern finishes, ample cabinetry, and plenty of counter space. Step outside to your fully fenced backyard and covered patio—a private retreat for pets, gardening, or outdoor entertaining. Located in a quiet, established neighborhood, this home combines peaceful living with easy access to schools, shopping, and dining. Property Highlights: 3 Bedrooms / 1 Bathroom Cute barn/shed with chicken coup Located walking distance to the parade route Minutes to I-10 and NOLA Fully Furnished & Move-In Ready Updated Kitchen with Modern Finishes Fresh Paint & Recent Updates Throughout Cozy Living Areas for Relaxing & Entertaining New Roof 2022 Fully Fenced Backyard with Covered Patio Prime Location in a Quiet, Established Neighborhood Income-Producing – Over $2,000/Month with Manager in Place Don’t miss this rare combination of comfort, style, and investment potential—schedule your showing today! Greta Rabalais (985) 445-0304

  21. 2026-04-27
    status Pending 1548-char remark
    Show marketing remark (1576 chars)

    Welcome to this beautifully updated 3-bedroom, 1-bath brick home in Slidell, freshly painted and fully furnished, where timeless charm meets modern updates. Thoughtfully renovated throughout, this home is truly move-in ready and for first-time homebuyers or investors. Currently producing over $2,000/month in rental income with a property manager in place, this turnkey opportunity offers immediate cash flow while still being a cozy home to call your own. The inviting living areas provide the perfect balance of comfort and relaxing evenings or entertaining friends and family. The updated kitchen features modern finishes, ample cabinetry, and plenty of counter space. Step outside to your fully fenced backyard and covered patio—a private retreat for pets, gardening, or outdoor entertaining. Located in a quiet, established neighborhood, this home combines peaceful living with easy access to schools, shopping, and dining. Property Highlights: 3 Bedrooms / 1 Bathroom Cute barn/shed with chicken coup Located walking distance to the parade route Minutes to I-10 and NOLA Fully Furnished & Move-In Ready Updated Kitchen with Modern Finishes Fresh Paint & Recent Updates Throughout Cozy Living Areas for Relaxing & Entertaining New Roof 2022 Fully Fenced Backyard with Covered Patio Prime Location in a Quiet, Established Neighborhood Income-Producing – Over $2,000/Month with Manager in Place Don’t miss this rare combination of comfort, style, and investment potential—schedule your showing today! Greta Rabalais (985) 445-0304

  22. 2026-04-27
    status Pending 1576-char remark
    Show marketing remark (1576 chars)

    Welcome to this beautifully updated 3-bedroom, 1-bath brick home in Slidell, freshly painted and fully furnished, where timeless charm meets modern updates. Thoughtfully renovated throughout, this home is truly move-in ready and for first-time homebuyers or investors. Currently producing over $2,000/month in rental income with a property manager in place, this turnkey opportunity offers immediate cash flow while still being a cozy home to call your own. The inviting living areas provide the perfect balance of comfort and relaxing evenings or entertaining friends and family. The updated kitchen features modern finishes, ample cabinetry, and plenty of counter space. Step outside to your fully fenced backyard and covered patio—a private retreat for pets, gardening, or outdoor entertaining. Located in a quiet, established neighborhood, this home combines peaceful living with easy access to schools, shopping, and dining. Property Highlights: 3 Bedrooms / 1 Bathroom Cute barn/shed with chicken coup Located walking distance to the parade route Minutes to I-10 and NOLA Fully Furnished & Move-In Ready Updated Kitchen with Modern Finishes Fresh Paint & Recent Updates Throughout Cozy Living Areas for Relaxing & Entertaining New Roof 2022 Fully Fenced Backyard with Covered Patio Prime Location in a Quiet, Established Neighborhood Income-Producing – Over $2,000/Month with Manager in Place Don’t miss this rare combination of comfort, style, and investment potential—schedule your showing today! Greta Rabalais (985) 445-0304

  23. 2026-03-16
    price $149,500 1548-char remark
    Show marketing remark (1576 chars)

    Welcome to this beautifully updated 3-bedroom, 1-bath brick home in Slidell, freshly painted and fully furnished, where timeless charm meets modern updates. Thoughtfully renovated throughout, this home is truly move-in ready and for first-time homebuyers or investors. Currently producing over $2,000/month in rental income with a property manager in place, this turnkey opportunity offers immediate cash flow while still being a cozy home to call your own. The inviting living areas provide the perfect balance of comfort and relaxing evenings or entertaining friends and family. The updated kitchen features modern finishes, ample cabinetry, and plenty of counter space. Step outside to your fully fenced backyard and covered patio—a private retreat for pets, gardening, or outdoor entertaining. Located in a quiet, established neighborhood, this home combines peaceful living with easy access to schools, shopping, and dining. Property Highlights: 3 Bedrooms / 1 Bathroom Cute barn/shed with chicken coup Located walking distance to the parade route Minutes to I-10 and NOLA Fully Furnished & Move-In Ready Updated Kitchen with Modern Finishes Fresh Paint & Recent Updates Throughout Cozy Living Areas for Relaxing & Entertaining New Roof 2022 Fully Fenced Backyard with Covered Patio Prime Location in a Quiet, Established Neighborhood Income-Producing – Over $2,000/Month with Manager in Place Don’t miss this rare combination of comfort, style, and investment potential—schedule your showing today! Greta Rabalais (985) 445-0304

  24. 2026-03-16
    price $149,500 1576-char remark
    Show marketing remark (1576 chars)

    Welcome to this beautifully updated 3-bedroom, 1-bath brick home in Slidell, freshly painted and fully furnished, where timeless charm meets modern updates. Thoughtfully renovated throughout, this home is truly move-in ready and for first-time homebuyers or investors. Currently producing over $2,000/month in rental income with a property manager in place, this turnkey opportunity offers immediate cash flow while still being a cozy home to call your own. The inviting living areas provide the perfect balance of comfort and relaxing evenings or entertaining friends and family. The updated kitchen features modern finishes, ample cabinetry, and plenty of counter space. Step outside to your fully fenced backyard and covered patio—a private retreat for pets, gardening, or outdoor entertaining. Located in a quiet, established neighborhood, this home combines peaceful living with easy access to schools, shopping, and dining. Property Highlights: 3 Bedrooms / 1 Bathroom Cute barn/shed with chicken coup Located walking distance to the parade route Minutes to I-10 and NOLA Fully Furnished & Move-In Ready Updated Kitchen with Modern Finishes Fresh Paint & Recent Updates Throughout Cozy Living Areas for Relaxing & Entertaining New Roof 2022 Fully Fenced Backyard with Covered Patio Prime Location in a Quiet, Established Neighborhood Income-Producing – Over $2,000/Month with Manager in Place Don’t miss this rare combination of comfort, style, and investment potential—schedule your showing today! Greta Rabalais (985) 445-0304

  25. 2026-02-25
    listed $150,000 Active 1548-char remark
    Show marketing remark (1576 chars)

    Welcome to this beautifully updated 3-bedroom, 1-bath brick home in Slidell, freshly painted and fully furnished, where timeless charm meets modern updates. Thoughtfully renovated throughout, this home is truly move-in ready and for first-time homebuyers or investors. Currently producing over $2,000/month in rental income with a property manager in place, this turnkey opportunity offers immediate cash flow while still being a cozy home to call your own. The inviting living areas provide the perfect balance of comfort and relaxing evenings or entertaining friends and family. The updated kitchen features modern finishes, ample cabinetry, and plenty of counter space. Step outside to your fully fenced backyard and covered patio—a private retreat for pets, gardening, or outdoor entertaining. Located in a quiet, established neighborhood, this home combines peaceful living with easy access to schools, shopping, and dining. Property Highlights: 3 Bedrooms / 1 Bathroom Cute barn/shed with chicken coup Located walking distance to the parade route Minutes to I-10 and NOLA Fully Furnished & Move-In Ready Updated Kitchen with Modern Finishes Fresh Paint & Recent Updates Throughout Cozy Living Areas for Relaxing & Entertaining New Roof 2022 Fully Fenced Backyard with Covered Patio Prime Location in a Quiet, Established Neighborhood Income-Producing – Over $2,000/Month with Manager in Place Don’t miss this rare combination of comfort, style, and investment potential—schedule your showing today! Greta Rabalais (985) 445-0304

  26. 2026-02-25
    listed $150,000 Active 1576-char remark
    Show marketing remark (1576 chars)

    Welcome to this beautifully updated 3-bedroom, 1-bath brick home in Slidell, freshly painted and fully furnished, where timeless charm meets modern updates. Thoughtfully renovated throughout, this home is truly move-in ready and for first-time homebuyers or investors. Currently producing over $2,000/month in rental income with a property manager in place, this turnkey opportunity offers immediate cash flow while still being a cozy home to call your own. The inviting living areas provide the perfect balance of comfort and relaxing evenings or entertaining friends and family. The updated kitchen features modern finishes, ample cabinetry, and plenty of counter space. Step outside to your fully fenced backyard and covered patio—a private retreat for pets, gardening, or outdoor entertaining. Located in a quiet, established neighborhood, this home combines peaceful living with easy access to schools, shopping, and dining. Property Highlights: 3 Bedrooms / 1 Bathroom Cute barn/shed with chicken coup Located walking distance to the parade route Minutes to I-10 and NOLA Fully Furnished & Move-In Ready Updated Kitchen with Modern Finishes Fresh Paint & Recent Updates Throughout Cozy Living Areas for Relaxing & Entertaining New Roof 2022 Fully Fenced Backyard with Covered Patio Prime Location in a Quiet, Established Neighborhood Income-Producing – Over $2,000/Month with Manager in Place Don’t miss this rare combination of comfort, style, and investment potential—schedule your showing today! Greta Rabalais (985) 445-0304

  27. 2025-09-08
    price $145,500
  28. 2025-09-08
    price $145,500
  29. 2025-07-10
    listed $150,000 Active
  30. 2025-07-10
    listed $150,000 Active
  31. 2025-07-10
    listed $145,500 Active
  32. 2022-04-04
    soldstatus $129,900 Closed
  33. 2022-04-04
    soldstatus $129,900
  34. 2022-03-12
    status Pending
  35. 2022-02-18
    status Active
  36. 2022-01-28
    status Pending
  37. 2021-12-23
    status Active
  38. 2021-12-16
    status Pending
  39. 2021-12-10
    status Active
  40. 2021-12-02
    status Pending
  41. 2021-11-22
    price $129,950
  42. 2021-10-12
    listed $133,500 Active
  43. 2021-10-12
    listed $129,950
  44. 2006-09-15
    soldstatus $117,500
  45. 2006-09-11
    soldstatus $117,500
  46. 2006-06-01
    listed $119,900
  47. 2006-06-01
    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
$1,451 · $121/mo
Projected year-2 tax
$1,451 · $121/mo
Expected delta
$0/yr ($0/mo · 0.0%)

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

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$18,956
− Mortgage interest
−$8,229
− Property taxes
−$1,451
− Insurance
−$734
− Repairs & maintenance
−$1,516
− Management
−$1,516
− Depreciation
−$4,273
Taxable income
$1,235
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$296
After-tax cash flow
$3,249/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

Census place
Slidell, LA
County
Saint Tammany Parish · 228,296 people
City population
95,511
Metro
New Orleans-Metairie, LA
Population (ZIP)
39,034
Household income
$72,843
Rent vs Own
28.2% rent · 71.8% own
Severe rent burden
1331.0

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
Predominantly White (66%)
Race & ethnicity
White 66% Black 17% Two or more races 10% Hispanic / Latino 9% Native American 2% Asian 1%
Hispanic origin (detail)
Mexican 3% Puerto Rican 1%
Common ancestry
Lithuanian 15% Slovak 2% Romanian 1%
Foreign-born
3% · Canada, Vietnam
Languages at home
93% English-only · Spanish 5% Vietnamese 1%

Political lean MEDSL · St. Tammany

2024 margin
Solid R (+43.8) · D 27.3% · R 71.1% · Other 1.6%
2008→2024 swing
+9.6pp toward D · 2008: -53.4pp · 2024: -43.8pp
All cycles
2024: R+43.8 2020: R+44.2 2016: R+50.8 2012: R+52.2 2008: R+53.4

Not yet ingested

Civics

Market trends

HPI YoY
▼ -173.60%
Current HPI
147.4749
Rent YoY
▲ 1.47%
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

+22.5% since first listed
34 events — show timeline
  • 2026-05-04 Relisted AcadianaMLS
  • 2026-05-04 Price Changed $146,900 AcadianaMLS
  • 2026-05-04 Price Changed $146,900 GSREIN
  • 2026-05-04 Relisted GSREIN
  • 2026-05-04 Listing Removed GSREIN
  • 2026-05-04 Relisted AcadianaMLS
  • 2026-05-03 Relisted GSREIN
  • 2026-04-27 Pending AcadianaMLS
  • 2026-04-27 Pending GSREIN
  • 2026-03-16 Price Changed $149,500 AcadianaMLS
  • 2026-03-16 Price Changed $149,500 GSREIN
  • 2026-02-25 Listed $150,000 GSREIN
  • 2026-02-25 Listed $150,000 AcadianaMLS
  • 2025-09-08 Price Changed $145,500 AcadianaMLS
  • 2025-09-08 Price Changed $145,500 GBRMLS
  • 2025-07-10 Listed $145,500 AcadianaMLS
  • 2025-07-10 Listed $150,000 GBRMLS
  • 2025-07-10 Listed $150,000 AcadianaMLS
  • 2022-04-04 Sold (Public Records) $129,900 Public Records
  • 2022-04-04 Sold (MLS) $129,900 GSREIN
  • 2022-03-12 Pending GSREIN
  • 2022-02-18 Relisted GSREIN
  • 2022-01-28 Pending GSREIN
  • 2021-12-23 Relisted GSREIN
  • 2021-12-16 Pending GSREIN
  • 2021-12-10 Relisted GSREIN
  • 2021-12-02 Pending GSREIN
  • 2021-11-22 Price Changed $129,950 GSREIN
  • 2021-10-12 Listed $129,950 AcadianaMLS
  • 2021-10-12 Listed $133,500 GSREIN
  • 2006-09-15 Sold (Public Records) $117,500 Public Records
  • 2006-09-11 Sold (MLS) $117,500 GSREIN
  • 2006-06-01 Listed $119,900 GSREIN
  • 2006-06-01 Listed $119,900 AcadianaMLS

Property tax history

+2.5%/yr

Latest (2025): $1,451 · -6.2% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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