1117 Taylor St · Kenner, LA 70062

$110,720

3 bd · 2.0 ba · 1,575 sqft · SingleFamily · 43 Days on market

Built 1964 5,662 sqft lot $70/sqft · 60% below area

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Livability +3.9/5.0
• Rent growth +2.5/5.0
• Schools +2.5/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Ranch home offers 3 bedrooms and 2 bathrooms with approximately 1575 square feet of living feet. No Buyer Premium on this property. The buyer has the right to select their own title/closing company. The buyer is responsible for all closing costs in this transaction. In the event the buyer chooses their own title/closing company, buyer will be responsible for the additional cost for title search & closing costs completed by the sellers title company. Offers to be placed on Xome.com. No contingencies for inspections or appraisal. No Interior access. Do Not Trespass! Forward all inquiries and questions to Xome Customer Service [phone]. NO REPRESENTATION TO VALIDITY OF INFORMATION IS MADE, BUYER TO VERIFY ALL INFORMATION WHERIN

Key facts

• 5,662 sq ft lot
• Parking
• Built 1964

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $111k.

Deal economics

• At list price, monthly cash flow is $675 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $111k).
• Recommended offer: $107k (3.0% below list) — sets the bar for market timing.
• Cap rate 13.6% vs local median 5.3% in Kenner — 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 78/100 on livability (#6 in LA, #2,414 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities C-, employment C-, crime D.
• Jefferson Parish (suburban): math 24% / reading 34% proficiency, ranked #44 of 98 in LA (top 45%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 70% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 92 active listings in the ZIP; 22 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 518 units permitted in Jefferson Parish in 2024 (43 in 5+ unit buildings).
• This rent runs 41% of the median local income ($51k/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 $765 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $31k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 43 days — a 3% lower offer ($107k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 30y 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.

Recommended offer $107,398 (3.0% below list)

Questions for the listing agent

1. It's been on market 43 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1964 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
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: 1.61% ✓
• Cap rate: 13.60%
• Cash-on-cash: 26.11%
• DSCR: 2.16
• GRM: 5.2

CMA / ARV

• ARV (median comp): $277,330
• List price: $110,720
• Delta: -60.08%
• 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
1117 Taylor St	0.00mi	3/2.0	1,575 (0%)	0mo	$110,020	$70	100
702 Webster St	0.30mi	3/2.0	1,600 (+2%)	2mo	$100,000	$63	81
1412 Clay St	0.34mi	3/2.0	1,642 (+4%)	7mo	$310,000	$189	71
1509 Moisant St	0.37mi	3/2.5	1,670 (+6%)	6mo	$335,000	$201	65
324 Filmore St	0.64mi	3/2.0	1,520 (-4%)	1mo	$292,500	$192	64
1023 S Starrett Rd	0.52mi	4/2.0 (+1)	1,534 (-3%)	5mo	$98,000	$64	62
1928 Kentucky Ave	0.70mi	3/2.0	1,630 (+4%)	8mo	$61,000	$37	55
1704 Webster St	0.46mi	4/2.0 (+1)	1,743 (+11%)	3mo	$203,000	$116	53
641 N Cumberland St	0.64mi	4/2.0 (+1)	1,715 (+9%)	4mo	$358,000	$209	47
313 N Bengal Rd	0.40mi	4/1.0 (+1)	1,750 (+11%)	8mo	$90,000	$51	47
800 N Bengal Rd	0.61mi	4/2.0 (+1)	1,768 (+12%)	4mo	$385,000	$218	43
308 S Bengal Rd	0.64mi	4/2.5 (+1)	1,750 (+11%)	8mo	$236,000	$135	38

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 19.8%
• Equity multiple: 1.81×
• Total profit: $25,031
• Equity at exit: $16,509

10-year hold

• IRR: 28.1%
• Equity multiple: 3.49×
• Total profit: $77,144
• Equity at exit: $9,573

Cash invested: $31,002 (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 70062

• Active inventory: 92
• Price-to-rent: 5.2×

Monthly cashflow live

• Estimated rent: $1,778 high
• Mortgage (P&I): −$581
• Tax from tax record: −$103 /mo · $1,236/yr
• Insurance: −$46
• HOA: −$0
• Vacancy / Maint / Mgmt: −$373
• Net cashflow: $675

Break-even live

Break-even rent $924

Max offer price $110,720

Occupancy floor 57%

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: $27,680
• Closing costs: $3,322
• Reserves months: —
• Total cash needed: —

Rent comps 22 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1300 Webster St Kenner, LA	3.0	2.0	1200	$1,700	$1.42	44d	1	0.24mi
1300 Webster St Kenner, LA	3.0	2.0	1200	$1,700	$1.42	23d	1	0.24mi
413 Maryland Ave Metairie, LA	3.0	2.0	1330	$1,400	$1.05	23d	1	0.28mi
929 Compromise St Kenner, LA	2.0	1.0	1500	$1,400	$0.93	23d	1	0.32mi
927 Compromise St Unit A Kenner, LA	2.0	1.0	1300	$1,100	$0.85	23d	1	0.32mi
1711 Moisant St Kenner, LA	2.0	1.0	1097	$1,575	$1.44	4d	1	0.52mi
1807 Moisant St Kenner, LA	4.0	2.0	2000	$2,000	$1.00	23d	1	0.57mi
1108 Maryland Ave Kenner, LA	3.0	1.0	1050	$2,050	$1.95	14d	1	0.73mi
1001 Minnesota Ave Kenner, LA	3.0	2.0	1800	$2,100	$1.17	44d	1	0.78mi
216 Trudeau Dr Metairie, LA	4.0	3.0	1825	$2,800	$1.53	4d	1	0.80mi
808 Cynthia Ave Metairie, LA	3.0	2.0	1500	$2,100	$1.40	14d	1	0.99mi
1712 Michigan Ave Kenner, LA	3.0	1.0	1068	$1,900	$1.78	44d	1	1.01mi
10613 Chadwick Dr New Orleans, LA	3.0	2.0	1460	$2,200	$1.51	2d	1	1.03mi
2127 Connecticut Ave Unit A Kenner, LA	3.0	2.0	1310	$2,000	$1.53	44d	1	1.05mi
2013 Minnesota Ave Kenner, LA	4.0	2.0	1300	$2,000	$1.54	21d	1	1.16mi
705 N Lester Ave Metairie, LA	3.0	2.0	1334	$2,100	$1.57	44d	1	1.27mi
606 N Wilson St Metairie, LA	3.0	1.5	1200	$1,800	$1.50	44d	1	1.30mi
10017 River Rd Westwego, LA	2.0	1.0	1100	$1,600	$1.45	3d	1	1.34mi
527 Little Farms Ave New Orleans, LA	3.0	2.0	1855	$2,800	$1.51	23d	1	1.35mi
2463 Idaho Ave Kenner, LA	2.0	1.5	1200	$1,550	$1.29	23d	1	1.36mi
129 Stewart Ave New Orleans, LA	3.0	1.0	1466	$1,950	$1.33	23d	1	1.44mi
8817 25th St Metairie, LA	3.0	1.0	1390	$2,100	$1.51	4d	1	1.49mi

Listing history 7 events

1. 2026-04-09
   status Active 744-char remark

   Show marketing remark (744 chars)

   Ranch home offers 3 bedrooms and 2 bathrooms with approximately 1575 square feet of living feet. No Buyer Premium on this property. The buyer has the right to select their own title/closing company. The buyer is responsible for all closing costs in this transaction. In the event the buyer chooses their own title/closing company, buyer will be responsible for the additional cost for title search & closing costs completed by the sellers title company. Offers to be placed on Xome.com. No contingencies for inspections or appraisal. No Interior access. Do Not Trespass! Forward all inquiries and questions to Xome Customer Service [phone]. NO REPRESENTATION TO VALIDITY OF INFORMATION IS MADE, BUYER TO VERIFY ALL INFORMATION WHERIN

2. 2026-04-09
   price $110,720 744-char remark

   Show marketing remark (744 chars)

   Ranch home offers 3 bedrooms and 2 bathrooms with approximately 1575 square feet of living feet. No Buyer Premium on this property. The buyer has the right to select their own title/closing company. The buyer is responsible for all closing costs in this transaction. In the event the buyer chooses their own title/closing company, buyer will be responsible for the additional cost for title search & closing costs completed by the sellers title company. Offers to be placed on Xome.com. No contingencies for inspections or appraisal. No Interior access. Do Not Trespass! Forward all inquiries and questions to Xome Customer Service [phone]. NO REPRESENTATION TO VALIDITY OF INFORMATION IS MADE, BUYER TO VERIFY ALL INFORMATION WHERIN

3. 2026-01-30
   listed $114,180 Active 744-char remark

   Show marketing remark (744 chars)

   Ranch home offers 3 bedrooms and 2 bathrooms with approximately 1575 square feet of living feet. No Buyer Premium on this property. The buyer has the right to select their own title/closing company. The buyer is responsible for all closing costs in this transaction. In the event the buyer chooses their own title/closing company, buyer will be responsible for the additional cost for title search & closing costs completed by the sellers title company. Offers to be placed on Xome.com. No contingencies for inspections or appraisal. No Interior access. Do Not Trespass! Forward all inquiries and questions to Xome Customer Service [phone]. NO REPRESENTATION TO VALIDITY OF INFORMATION IS MADE, BUYER TO VERIFY ALL INFORMATION WHERIN

4. 1997-11-12
   soldstatus $97,000
5. 1997-11-01
   soldstatus $97,000
6. 1996-11-18
   listed $98,500
7. 1996-11-18
   listed $98,500

ⓘ 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: $1,236 · $103/mo
• Projected year-2 tax: $1,236 · $103/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

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

Taxation est. · year 1

• Rental income: $21,332
• − Mortgage interest: −$6,202
• − Property taxes: −$1,236
• − Insurance: −$554
• − Repairs & maintenance: −$1,707
• − Management: −$1,707
• − Depreciation: −$3,221
• Taxable income: $6,707
• Est. tax owed @ 24.0%: −$1,610
• After-tax cash flow: $6,486/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: Jefferson Parish
• NCES district ID: 2200840
• Math proficiency: 24% ▼ -36.00%
• Reading proficiency: 34% ▼ -30.00%
• Median HH income: $48,421
• Composite: 25.19/100
• National rank: #7511
• State rank: #44 of 98 in LA

Livability — Kenner

• Score: 78/100
• State rank: #6
• US rank: #2414

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Kenner, LA
• County: Jefferson Parish · 426,999 people
• City population: 66,707
• Metro: New Orleans-Metairie, LA
• Population (ZIP): 17,771
• Household income: $51,477
• Rent vs Own: 45.1% rent · 54.9% own
• Severe rent burden: 1082.0

Population outlook (Jefferson County) Hauer SSP2

• Today (2025): 451,696 people
• By 2030: 455,451 · +0.8%
• By 2040: 458,308 · +1.5%
• By 2050: 461,031 · +2.1%
• By 2075: 476,351 · +5.5%
• By 2100: 499,377 · +10.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Highly diverse neighborhood (Simpson 0.70)
• Race & ethnicity: Hispanic / Latino 37% Black 29% White 27% Two or more races 17% Asian 2% Native American 1%
• Hispanic origin (detail): Mexican 6% Cuban 2% Dominican 2%
• Common ancestry: Lithuanian 5%
• Foreign-born: 22% · Canada
• Languages at home: 66% English-only · Spanish 32% Other Indo-European 2%

Political lean MEDSL · Jefferson

• 2024 margin: R (+12.9) · D 42.5% · R 55.5% · Other 2.1%
• 2008→2024 swing: +13.6pp toward D · 2008: -26.6pp · 2024: -12.9pp
• All cycles: 2024: R+12.9 2020: R+11.1 2016: R+14.8 2012: R+18.4 2008: R+26.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -108.55%
• Current HPI: 105.3411
• Rent YoY: —
• 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

+12.4% since first listed

7 events — show timeline

• 2026-04-09 Relisted — AcadianaMLS
• 2026-04-09 Price Changed $110,720 AcadianaMLS
• 2026-01-30 Listed $114,180 AcadianaMLS
• 1997-11-12 Sold (MLS) $97,000 GSREIN
• 1997-11-01 Sold (Public Records) $97,000 Public Records
• 1996-11-18 Listed $98,500 GSREIN
• 1996-11-18 Listed $98,500 AcadianaMLS

Property tax history

+2.1%/yr

Latest (2025): $1,236 · -0.4% YoY. Source: county tax records.