3566 Walter Dr · Slidell, LA 70458

$295,000

4 bd · 2.5 ba · 2,764 sqft · SingleFamily public records · 350 Days on market

Built 1974 $107/sqft · 11% above area Est $264k · 12% over

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Why this score? — see what drove the D- 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 +15.5/30.0
• DSCR +4.8/10.0
• Schools +4.3/10.0
• 1% rule +3.8/10.0
• Livability +3.5/5.0
• Rent growth +2.9/5.0
• Condition / age +2.5/5.0
• ARV discount +2.3/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Spacious & Stylish Home Built for Entertaining - 4 Bed | 2.5 Bath | Chef's Kitchen | Workshop | Whole House Generator Welcome to your dream home! This beautifully designed 4-bedroom, 2.5-bath residence offers exceptional space, comfort, and luxury touches throughout. All bedrooms are conveniently located upstairs, giving you a wide-open main level devoted entirely to living and entertaining. The heart of the home is a top-of-the-line chef's kitchen featuring a six-burner gas range, double oven, microwave, built-in ice maker, stunning cabinetry, and generous counter space--perfect for both everyday meals and holiday gatherings. Just off the kitchen, enjoy a cozy breakfast area to one side, and a formal dining room complete with a built-in buffet for serving or display on the other side! Two fireplaces add warmth and charm--one upstairs and one in the spacious downstairs den, which flows seamlessly into a large sunroom overlooking the lush backyard. Step outside to a 42-foot covered patio--ideal for outdoor entertaining--and take advantage of the 24x16 barn/workshop, perfect for hobbies, storage, or workspace. Beautiful wood floors flow throughout the downstairs, enhancing the home's elegance and warmth. Additional features include a Generac whole house generator, ample driveway parking with room for a boat or RV, and entertainment space at every turn. This is a must-see property that truly has it all--comfort, function, and exceptional space for gatherings both big and small!

Key facts

• Formal dining room
• Covered patio
• Sunroom

Tags

• CHEF'S KITCHEN
• WHOLE HOUSE GENERATOR
• COVERED PATIO
• SUNROOM
• BREAKFAST AREA
• FORMAL DINING ROOM

What this means for you Summary

Snapshot

• This is a 4-bed/2.5-bath single-family listed at $295k.

Deal economics

• At list price, monthly cash flow is $116 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $261k (11.6% below list).
• Recommended offer: $260k (12.0% below list) — sets the bar for market timing.

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; 1 comparable units currently listed for rent nearby; 1,064 units permitted in St. Tammany Parish in 2024 (0 in 5+ unit buildings).
• This rent runs 43% of the median local income ($73k/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 $2k of loan paydown is wiped out by about $9k 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 350 days — a 12% lower offer ($260k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 29y ago; this cycle's ask has dropped $30k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• 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 $259,600 (12.0% below list)

Questions for the listing agent

1. It's been on market 350 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1974 — 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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. 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.
8. 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.
9. 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: 0.88% ✗
• Cap rate: 6.77%
• Cash-on-cash: 1.69%
• DSCR: 1.08
• GRM: 9.4

CMA / ARV

• ARV (median comp): $264,419
• List price: $295,000
• Delta: 11.57%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3808 Thomas Dr	0.08mi	3/2.5 (-1)	2,621 (-5%)	3mo	$269,000	$103	81
37399 Lopez St	0.26mi	3/2.5 (-1)	2,761 (-0%)	3mo	$50,500	$18	80
453 Olive Dr	0.17mi	3/2.5 (-1)	2,800 (+1%)	8mo	$89,000	$32	78
3744 Croydon St	0.23mi	4/3.0	2,452 (-11%)	4mo	$250,000	$102	65
3851 Croydon St	0.39mi	3/2.0 (-1)	2,448 (-11%)	5mo	$223,000	$91	51
110 Hemlock Ct	0.44mi	5/3.0 (+1)	2,625 (-5%)	21mo	$206,500	$79	47
505 Poplar Dr	0.47mi	5/3.0 (+1)	2,452 (-11%)	7mo	$282,500	$115	46
305 Dorset Dr	0.51mi	4/3.0	3,152 (+14%)	6mo	$219,000	$69	46
113 Kasey St	0.58mi	4/2.0	2,420 (-12%)	8mo	$320,000	$132	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 · 1.47% rent growth · sell at horizon

5-year hold

• IRR: -15.3%
• Equity multiple: 0.46×
• Total profit: $-44,359
• Equity at exit: $43,985

10-year hold

• IRR: -9.4%
• Equity multiple: 0.46×
• Total profit: $-44,886
• Equity at exit: $25,506

Cash invested: $82,600 (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

5-day notice; no state rent control; civil-law jurisdiction; landlord-favorable.

Methodology + full state rankings →

ZIP-level market 70458

• Rents YoY: 1.5%
• Active inventory: 489
• Price-to-rent: 9.4×

Monthly cashflow live

• Estimated rent: $2,607 medium
• Mortgage (P&I): −$1,547
• Tax from tax record: −$273 /mo · $3,276/yr
• Insurance: −$123
• HOA: −$0
• Vacancy / Maint / Mgmt: −$547
• Net cashflow: $116

Break-even live

Break-even rent $2,459

Max offer price $295,000

Occupancy floor 91%

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: $73,750
• Closing costs: $8,850
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3106 Little Pl Slidell, LA	3.0	3.0	3000	$4,900	$1.63	3d	1	1.14mi

Listing history 21 events

1. 2026-02-05
   price $295,000 1503-char remark

   Show marketing remark (1554 chars)

   Spacious & Stylish Home Built for Entertaining – 4 Bed | 2.5 Bath | Chef’s Kitchen | Workshop | Whole House Generator Welcome to your dream home! This beautifully designed 4-bedroom, 2.5-bath residence offers exceptional space, comfort, and luxury touches throughout. All bedrooms are conveniently located upstairs, giving you a wide-open main level devoted entirely to living and entertaining. The heart of the home is a top-of-the-line chef’s kitchen featuring a six-burner gas range, double oven, microwave, built-in ice maker, stunning cabinetry, and generous counter space—perfect for both everyday meals and holiday gatherings. Just off the kitchen, enjoy a cozy breakfast area to one side, and a formal dining room complete with a built-in buffet for serving or display on the other side! Two fireplaces add warmth and charm—one upstairs and one in the spacious downstairs den, which flows seamlessly into a large sunroom overlooking the lush backyard. Step outside to a 42-foot covered patio—ideal for outdoor entertaining—and take advantage of the 24x16 barn/workshop, perfect for hobbies, storage, or workspace. Beautiful wood floors flow throughout the downstairs, enhancing the home’s elegance and warmth. Additional features include a Generac whole house generator, ample driveway parking with room for a boat or RV, and entertainment space at every turn. This is a must-see property that truly has it all—comfort, function, and exceptional space for gatherings both big and small!

2. 2026-02-05
   price $295,000 1554-char remark

   Show marketing remark (1554 chars)

   Spacious & Stylish Home Built for Entertaining – 4 Bed | 2.5 Bath | Chef’s Kitchen | Workshop | Whole House Generator Welcome to your dream home! This beautifully designed 4-bedroom, 2.5-bath residence offers exceptional space, comfort, and luxury touches throughout. All bedrooms are conveniently located upstairs, giving you a wide-open main level devoted entirely to living and entertaining. The heart of the home is a top-of-the-line chef’s kitchen featuring a six-burner gas range, double oven, microwave, built-in ice maker, stunning cabinetry, and generous counter space—perfect for both everyday meals and holiday gatherings. Just off the kitchen, enjoy a cozy breakfast area to one side, and a formal dining room complete with a built-in buffet for serving or display on the other side! Two fireplaces add warmth and charm—one upstairs and one in the spacious downstairs den, which flows seamlessly into a large sunroom overlooking the lush backyard. Step outside to a 42-foot covered patio—ideal for outdoor entertaining—and take advantage of the 24x16 barn/workshop, perfect for hobbies, storage, or workspace. Beautiful wood floors flow throughout the downstairs, enhancing the home’s elegance and warmth. Additional features include a Generac whole house generator, ample driveway parking with room for a boat or RV, and entertainment space at every turn. This is a must-see property that truly has it all—comfort, function, and exceptional space for gatherings both big and small!

3. 2026-01-30
   price $300,000 1503-char remark

   Show marketing remark (1503 chars)

   Spacious & Stylish Home Built for Entertaining - 4 Bed | 2.5 Bath | Chef's Kitchen | Workshop | Whole House Generator Welcome to your dream home! This beautifully designed 4-bedroom, 2.5-bath residence offers exceptional space, comfort, and luxury touches throughout. All bedrooms are conveniently located upstairs, giving you a wide-open main level devoted entirely to living and entertaining. The heart of the home is a top-of-the-line chef's kitchen featuring a six-burner gas range, double oven, microwave, built-in ice maker, stunning cabinetry, and generous counter space--perfect for both everyday meals and holiday gatherings. Just off the kitchen, enjoy a cozy breakfast area to one side, and a formal dining room complete with a built-in buffet for serving or display on the other side! Two fireplaces add warmth and charm--one upstairs and one in the spacious downstairs den, which flows seamlessly into a large sunroom overlooking the lush backyard. Step outside to a 42-foot covered patio--ideal for outdoor entertaining--and take advantage of the 24x16 barn/workshop, perfect for hobbies, storage, or workspace. Beautiful wood floors flow throughout the downstairs, enhancing the home's elegance and warmth. Additional features include a Generac whole house generator, ample driveway parking with room for a boat or RV, and entertainment space at every turn. This is a must-see property that truly has it all--comfort, function, and exceptional space for gatherings both big and small!

4. 2026-01-27
   price $300,000 1554-char remark

   Show marketing remark (1554 chars)

   Spacious & Stylish Home Built for Entertaining – 4 Bed | 2.5 Bath | Chef’s Kitchen | Workshop | Whole House Generator Welcome to your dream home! This beautifully designed 4-bedroom, 2.5-bath residence offers exceptional space, comfort, and luxury touches throughout. All bedrooms are conveniently located upstairs, giving you a wide-open main level devoted entirely to living and entertaining. The heart of the home is a top-of-the-line chef’s kitchen featuring a six-burner gas range, double oven, microwave, built-in ice maker, stunning cabinetry, and generous counter space—perfect for both everyday meals and holiday gatherings. Just off the kitchen, enjoy a cozy breakfast area to one side, and a formal dining room complete with a built-in buffet for serving or display on the other side! Two fireplaces add warmth and charm—one upstairs and one in the spacious downstairs den, which flows seamlessly into a large sunroom overlooking the lush backyard. Step outside to a 42-foot covered patio—ideal for outdoor entertaining—and take advantage of the 24x16 barn/workshop, perfect for hobbies, storage, or workspace. Beautiful wood floors flow throughout the downstairs, enhancing the home’s elegance and warmth. Additional features include a Generac whole house generator, ample driveway parking with room for a boat or RV, and entertainment space at every turn. This is a must-see property that truly has it all—comfort, function, and exceptional space for gatherings both big and small!

5. 2026-01-17
   price $305,000 1503-char remark

   Show marketing remark (1554 chars)

   Spacious & Stylish Home Built for Entertaining – 4 Bed | 2.5 Bath | Chef’s Kitchen | Workshop | Whole House Generator Welcome to your dream home! This beautifully designed 4-bedroom, 2.5-bath residence offers exceptional space, comfort, and luxury touches throughout. All bedrooms are conveniently located upstairs, giving you a wide-open main level devoted entirely to living and entertaining. The heart of the home is a top-of-the-line chef’s kitchen featuring a six-burner gas range, double oven, microwave, built-in ice maker, stunning cabinetry, and generous counter space—perfect for both everyday meals and holiday gatherings. Just off the kitchen, enjoy a cozy breakfast area to one side, and a formal dining room complete with a built-in buffet for serving or display on the other side! Two fireplaces add warmth and charm—one upstairs and one in the spacious downstairs den, which flows seamlessly into a large sunroom overlooking the lush backyard. Step outside to a 42-foot covered patio—ideal for outdoor entertaining—and take advantage of the 24x16 barn/workshop, perfect for hobbies, storage, or workspace. Beautiful wood floors flow throughout the downstairs, enhancing the home’s elegance and warmth. Additional features include a Generac whole house generator, ample driveway parking with room for a boat or RV, and entertainment space at every turn. This is a must-see property that truly has it all—comfort, function, and exceptional space for gatherings both big and small!

6. 2026-01-17
   price $305,000 1554-char remark

   Show marketing remark (1554 chars)

   Spacious & Stylish Home Built for Entertaining – 4 Bed | 2.5 Bath | Chef’s Kitchen | Workshop | Whole House Generator Welcome to your dream home! This beautifully designed 4-bedroom, 2.5-bath residence offers exceptional space, comfort, and luxury touches throughout. All bedrooms are conveniently located upstairs, giving you a wide-open main level devoted entirely to living and entertaining. The heart of the home is a top-of-the-line chef’s kitchen featuring a six-burner gas range, double oven, microwave, built-in ice maker, stunning cabinetry, and generous counter space—perfect for both everyday meals and holiday gatherings. Just off the kitchen, enjoy a cozy breakfast area to one side, and a formal dining room complete with a built-in buffet for serving or display on the other side! Two fireplaces add warmth and charm—one upstairs and one in the spacious downstairs den, which flows seamlessly into a large sunroom overlooking the lush backyard. Step outside to a 42-foot covered patio—ideal for outdoor entertaining—and take advantage of the 24x16 barn/workshop, perfect for hobbies, storage, or workspace. Beautiful wood floors flow throughout the downstairs, enhancing the home’s elegance and warmth. Additional features include a Generac whole house generator, ample driveway parking with room for a boat or RV, and entertainment space at every turn. This is a must-see property that truly has it all—comfort, function, and exceptional space for gatherings both big and small!

7. 2025-08-06
   price $320,000 1503-char remark

   Show marketing remark (1554 chars)

   Spacious & Stylish Home Built for Entertaining – 4 Bed | 2.5 Bath | Chef’s Kitchen | Workshop | Whole House Generator Welcome to your dream home! This beautifully designed 4-bedroom, 2.5-bath residence offers exceptional space, comfort, and luxury touches throughout. All bedrooms are conveniently located upstairs, giving you a wide-open main level devoted entirely to living and entertaining. The heart of the home is a top-of-the-line chef’s kitchen featuring a six-burner gas range, double oven, microwave, built-in ice maker, stunning cabinetry, and generous counter space—perfect for both everyday meals and holiday gatherings. Just off the kitchen, enjoy a cozy breakfast area to one side, and a formal dining room complete with a built-in buffet for serving or display on the other side! Two fireplaces add warmth and charm—one upstairs and one in the spacious downstairs den, which flows seamlessly into a large sunroom overlooking the lush backyard. Step outside to a 42-foot covered patio—ideal for outdoor entertaining—and take advantage of the 24x16 barn/workshop, perfect for hobbies, storage, or workspace. Beautiful wood floors flow throughout the downstairs, enhancing the home’s elegance and warmth. Additional features include a Generac whole house generator, ample driveway parking with room for a boat or RV, and entertainment space at every turn. This is a must-see property that truly has it all—comfort, function, and exceptional space for gatherings both big and small!

8. 2025-08-06
   price $320,000 1554-char remark

   Show marketing remark (1554 chars)

   Spacious & Stylish Home Built for Entertaining – 4 Bed | 2.5 Bath | Chef’s Kitchen | Workshop | Whole House Generator Welcome to your dream home! This beautifully designed 4-bedroom, 2.5-bath residence offers exceptional space, comfort, and luxury touches throughout. All bedrooms are conveniently located upstairs, giving you a wide-open main level devoted entirely to living and entertaining. The heart of the home is a top-of-the-line chef’s kitchen featuring a six-burner gas range, double oven, microwave, built-in ice maker, stunning cabinetry, and generous counter space—perfect for both everyday meals and holiday gatherings. Just off the kitchen, enjoy a cozy breakfast area to one side, and a formal dining room complete with a built-in buffet for serving or display on the other side! Two fireplaces add warmth and charm—one upstairs and one in the spacious downstairs den, which flows seamlessly into a large sunroom overlooking the lush backyard. Step outside to a 42-foot covered patio—ideal for outdoor entertaining—and take advantage of the 24x16 barn/workshop, perfect for hobbies, storage, or workspace. Beautiful wood floors flow throughout the downstairs, enhancing the home’s elegance and warmth. Additional features include a Generac whole house generator, ample driveway parking with room for a boat or RV, and entertainment space at every turn. This is a must-see property that truly has it all—comfort, function, and exceptional space for gatherings both big and small!

9. 2025-06-12
   listed $325,000 Active 1503-char remark

   Show marketing remark (1554 chars)

   Spacious & Stylish Home Built for Entertaining – 4 Bed | 2.5 Bath | Chef’s Kitchen | Workshop | Whole House Generator Welcome to your dream home! This beautifully designed 4-bedroom, 2.5-bath residence offers exceptional space, comfort, and luxury touches throughout. All bedrooms are conveniently located upstairs, giving you a wide-open main level devoted entirely to living and entertaining. The heart of the home is a top-of-the-line chef’s kitchen featuring a six-burner gas range, double oven, microwave, built-in ice maker, stunning cabinetry, and generous counter space—perfect for both everyday meals and holiday gatherings. Just off the kitchen, enjoy a cozy breakfast area to one side, and a formal dining room complete with a built-in buffet for serving or display on the other side! Two fireplaces add warmth and charm—one upstairs and one in the spacious downstairs den, which flows seamlessly into a large sunroom overlooking the lush backyard. Step outside to a 42-foot covered patio—ideal for outdoor entertaining—and take advantage of the 24x16 barn/workshop, perfect for hobbies, storage, or workspace. Beautiful wood floors flow throughout the downstairs, enhancing the home’s elegance and warmth. Additional features include a Generac whole house generator, ample driveway parking with room for a boat or RV, and entertainment space at every turn. This is a must-see property that truly has it all—comfort, function, and exceptional space for gatherings both big and small!

10. 2025-06-12
    listed $325,000 Active 1554-char remark

    Show marketing remark (1554 chars)

    Spacious & Stylish Home Built for Entertaining – 4 Bed | 2.5 Bath | Chef’s Kitchen | Workshop | Whole House Generator Welcome to your dream home! This beautifully designed 4-bedroom, 2.5-bath residence offers exceptional space, comfort, and luxury touches throughout. All bedrooms are conveniently located upstairs, giving you a wide-open main level devoted entirely to living and entertaining. The heart of the home is a top-of-the-line chef’s kitchen featuring a six-burner gas range, double oven, microwave, built-in ice maker, stunning cabinetry, and generous counter space—perfect for both everyday meals and holiday gatherings. Just off the kitchen, enjoy a cozy breakfast area to one side, and a formal dining room complete with a built-in buffet for serving or display on the other side! Two fireplaces add warmth and charm—one upstairs and one in the spacious downstairs den, which flows seamlessly into a large sunroom overlooking the lush backyard. Step outside to a 42-foot covered patio—ideal for outdoor entertaining—and take advantage of the 24x16 barn/workshop, perfect for hobbies, storage, or workspace. Beautiful wood floors flow throughout the downstairs, enhancing the home’s elegance and warmth. Additional features include a Generac whole house generator, ample driveway parking with room for a boat or RV, and entertainment space at every turn. This is a must-see property that truly has it all—comfort, function, and exceptional space for gatherings both big and small!

11. 2022-12-22
    soldstatus $310,000
12. 2013-05-14
    soldstatus $149,900
13. 2012-08-09
    listed $149,900
14. 2012-08-09
    listed $149,900
15. 2005-08-19
    soldstatus $155,000
16. 2005-08-15
    soldstatus $155,000
17. 2005-04-05
    listed $164,900
18. 2005-04-05
    listed $164,900
19. 1998-06-30
    soldstatus $122,500
20. 1997-10-20
    listed $129,900
21. 1997-10-20
    listed $129,900

ⓘ 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: $3,276 · $273/mo
• Projected year-2 tax: $3,276 · $273/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 96% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 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 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $31,281
• − Mortgage interest: −$16,525
• − Property taxes: −$3,276
• − Insurance: −$1,475
• − Repairs & maintenance: −$2,502
• − Management: −$2,502
• − Depreciation: −$8,582
• Taxable loss: −$3,581
• Est. tax savings @ 24.0%: +$859
• After-tax cash flow: $2,257/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
▸Telecommunications	2	$23B
▸Utilities	1	$12B
▸Wholesale / Distribution	1	$5B
▸Advertising	1	$2B

Price history

+127.1% since first listed

21 events — show timeline

• 2026-02-05 Price Changed $295,000 AcadianaMLS
• 2026-02-05 Price Changed $295,000 GSREIN
• 2026-01-30 Price Changed $300,000 AcadianaMLS
• 2026-01-27 Price Changed $300,000 GSREIN
• 2026-01-17 Price Changed $305,000 AcadianaMLS
• 2026-01-17 Price Changed $305,000 GSREIN
• 2025-08-06 Price Changed $320,000 AcadianaMLS
• 2025-08-06 Price Changed $320,000 GSREIN
• 2025-06-12 Listed $325,000 GSREIN
• 2025-06-12 Listed $325,000 AcadianaMLS
• 2022-12-22 Sold (Public Records) $310,000 Public Records
• 2013-05-14 Sold (MLS) $149,900 GSREIN
• 2012-08-09 Listed $149,900 AcadianaMLS
• 2012-08-09 Listed $149,900 GSREIN
• 2005-08-19 Sold (Public Records) $155,000 Public Records
• 2005-08-15 Sold (MLS) $155,000 GSREIN
• 2005-04-05 Listed $164,900 AcadianaMLS
• 2005-04-05 Listed $164,900 GSREIN
• 1998-06-30 Sold (MLS) $122,500 GSREIN
• 1997-10-20 Listed $129,900 AcadianaMLS
• 1997-10-20 Listed $129,900 GSREIN

Property tax history

-0.2%/yr

Latest (2025): $3,276 · -6.9% YoY. Source: county tax records.