2220 Lloyds Ave · Chalmette, LA 70043

$229,900

4 bd · 2.0 ba · 1,383 sqft · SingleFamily · 41 Days on market

Built 1950 5,135 sqft lot $166/sqft · at area comps Est $224k · at est.

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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 +16.9/30.0
• ARV discount +6.3/15.0
• DSCR +5.3/10.0
• Schools +5.0/10.0
• 1% rule +3.4/10.0
• Rent growth +3.3/5.0
• Livability +3.2/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Beautifully updated 4-bedroom, 2-bath home located at 2220 Lloyds Avenue in Chalmette offering 1,383 sq ft of living space, a functional layout, and plenty of curb appeal. Inside, you'll find an inviting living and dining area with updated flooring, neutral paint tones, modern fixtures, and great natural light throughout. The kitchen features stylish green cabinetry, white countertops, stainless appliances, a decorative backsplash, updated hardware, and a gas range. Major updates include a 2-year-old roof, A/C and flooring updates completed in 2021 and 2022, kitchen counters, backsplash, front porch, and water heater replaced in 2024, bathrooms and pool deck updated in 2025, and plumbing under the property replaced in June 2020 prior to current ownership. Located in desirable Flood Zone X, this home also offers a covered front porch, covered rear patio, fenced backyard, above-ground pool with deck, long driveway, and detached garage for parking, storage, or workshop potential. Move-in ready and conveniently located near local schools, shopping, restaurants, and all that Chalmette has to offer!

Key facts

• 2 year old roof
• White countertops
• Updated flooring

Tags

• UPDATED FLOORING
• STYLISH GREEN CABINETRY
• WHITE COUNTERTOPS
• DECORATIVE BACKSPLASH
• GAS RANGE
• 2 YEAR OLD ROOF

Property features AI

Exterior

• Parking: Detached garage; Garage with door opener; Boat parking; RV access/parking
• Utilities: Public water; Public sewer
• Home design: Single-story; Raised foundation; Vinyl siding; Excellent condition
• Construction: Vinyl siding construction; Asphalt shingle roof; Raised foundation; Built with one story
• Exterior features: Above-ground pool; City lot; Rectangular lot; Lot dimensions approximately 65 x 79

Interior

• Kitchen: Dishwasher; Microwave; Oven; Range
• Bedrooms: Total rooms: 10
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Ceiling fan(s); Stone countertops; Stainless steel appliances
• Laundry & utility: Washer hookup; Dryer hookup

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $230k.

Deal economics

• At list price, monthly cash flow is $85 ($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 $193k (15.8% below list).
• Recommended offer: $193k (15.8% below list) — sets the bar for 1% rule.
• Cap rate 7.1% vs local median 5.4% in Chalmette — 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 65/100 on livability (#137 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A; Watch: crime F, amenities F, commute F.
• Market conditions: Rents rising (+3.1%/yr); 214 active listings in the ZIP; 34 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 112 units permitted in St. Bernard Parish in 2024 (0 in 5+ unit buildings).
• This rent runs 42% of the median local income ($55k/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 $7k of value loss. Plan a longer hold.
• St. Bernard County population projected at +89% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 41 days — a 3% lower offer ($223k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 6y 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.
• Current owner paid $150k; list at $230k implies a 53% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo; built in 1950 — expect roof / HVAC / electrical / plumbing capex.
• 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 $193,494 (15.8% below list)

Questions for the listing agent

1. It's been on market 41 days. Have you received any prior offers? Is the seller open to a 16% concession, seller financing, or rate buy-down credit?
2. Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Crime grade is F 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?
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: 0.84% ✗
• Cap rate: 7.08%
• Cash-on-cash: 2.82%
• DSCR: 1.13
• GRM: 9.9

CMA / ARV

• ARV (median comp): $223,746
• List price: $229,900
• Delta: 2.75%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2708 Tournefort St	0.53mi	3/2.0 (-1)	1,313 (-5%)	2mo	$214,000	$163	60
311 W Saint Jean Baptist St	0.54mi	3/2.0 (-1)	1,422 (+3%)	9mo	$228,000	$160	58
8 Coffee Dr	0.47mi	3/1.0 (-1)	1,302 (-6%)	3mo	$148,000	$114	56
312 W St Jean Baptist Dr Dr	0.52mi	3/2.0 (-1)	1,500 (+8%)	3mo	$190,000	$127	54
3100 Ivy Pl	0.64mi	3/2.0 (-1)	1,413 (+2%)	10mo	$121,000	$86	53
2904 Lloyds Ave	0.45mi	3/1.5 (-1)	1,241 (-10%)	9mo	$195,000	$157	47
8829 Livingston Ave	0.51mi	3/2.0 (-1)	1,556 (+12%)	4mo	$222,000	$143	46
2928 Palmetto St	0.52mi	3/2.0 (-1)	1,187 (-14%)	5mo	$160,500	$135	43
62 Patterson Dr	0.52mi	3/2.0 (-1)	1,573 (+14%)	6mo	$260,000	$165	42
406 W Prosper St	0.65mi	3/2.0 (-1)	1,572 (+14%)	3mo	$159,900	$102	39
508 W Solidelle St	0.73mi	3/2.0 (-1)	1,580 (+14%)	1mo	$225,000	$142	36
3211 Jackson Blvd	0.67mi	3/2.0 (-1)	1,209 (-13%)	8mo	$165,000	$136	36

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 · 3.11% rent growth · sell at horizon

5-year hold

• IRR: -13.7%
• Equity multiple: 0.51×
• Total profit: $-31,698
• Equity at exit: $34,279

10-year hold

• IRR: -4.7%
• Equity multiple: 0.69×
• Total profit: $-20,009
• Equity at exit: $19,878

Cash invested: $64,372 (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 70043

• Rents YoY: 3.1%
• Active inventory: 214
• Price-to-rent: 9.9×

Monthly cashflow live

• Estimated rent: $1,935 high
• Mortgage (P&I): −$1,206
• Tax from tax record: −$76 /mo · $911/yr
• Insurance: −$96
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$406
• Net cashflow: $85

Break-even live

Break-even rent $1,828

Max offer price $229,900

Occupancy floor 91%

Sensitivity live

Price	-10% $215	-5% $150	+0% $85	+5% $20	+10% $-45
Rent	-10% $-68	-5% $8	+0% $85	+5% $161	+10% $238
Rate	-1.0pp $201	-0.5pp $143	base $85	+0.5pp $25	+1.0pp $-35

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: $57,475
• Closing costs: $6,897
• Reserves months: —
• Total cash needed: —

Rent comps 34 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
32 Old Hickory St Chalmette, LA	4.0	2.0	1379	$1,850	$1.34	25d	1	0.36mi
2707 Jackson Blvd Chalmette, LA	3.0	3.0	1733	$2,300	$1.33	45d	1	0.37mi
2707 Jackson Blvd Chalmette, LA	3.0	2.5	1733	$2,300	$1.33	25d	1	0.37mi
203 E Moreau St Chalmette, LA	3.0	1.5	965	$1,700	$1.76	5d	1	0.41mi
226 E Casa Calvo St Chalmette, LA	3.0	2.0	1330	$1,900	$1.43	45d	1	0.43mi
2029 W Beauregard St Chalmette, LA	3.0	2.0	1176	$2,200	$1.87	19d	1	0.50mi
2518 Delambert St Chalmette, LA	3.0	2.0	1617	$1,825	$1.13	45d	1	0.59mi
3400 Montesquieu St Unit 1-B Chalmette, LA	3.0	2.5	1372	$2,550	$1.86	3d	1	0.73mi
3108 Tournefort St Chalmette, LA	3.0	2.0	1399	$1,750	$1.25	4d	1	0.76mi
2337 Plaza Dr Chalmette, LA	3.0	2.0	925	$1,500	$1.62	45d	1	0.78mi
3108 Laplace St Chalmette, LA	3.0	2.5	1390	$1,650	$1.19	45d	1	0.80mi
3106 Laplace St Chalmette, LA	3.0	2.5	1390	$1,650	$1.19	45d	1	0.81mi
2429 Octavia Dr Chalmette, LA	3.0	2.0	1700	$1,575	$0.93	25d	1	0.89mi
2431 Octavia Dr Chalmette, LA	3.0	2.0	1100	$1,499	$1.36	45d	1	0.89mi
3507 Sinclair St Chalmette, LA	3.0	2.0	1186	$1,800	$1.52	12d	1	0.93mi
3606 Pakenham Dr Unit 3606 Chalmette, LA	3.0	2.0	1400	$1,800	$1.29	13d	1	1.01mi
3617 Park Blvd Chalmette, LA	3.0	2.0	1090	$1,850	$1.70	22d	1	1.03mi
3617 Park Blvd Chalmette, LA	3.0	2.0	1090	$1,850	$1.70	45d	1	1.03mi
114 8th St Chalmette, LA	3.0	1.0	1275	$1,695	$1.33	45d	1	1.04mi
3625 Park Blvd Chalmette, LA	3.0	2.0	924	$1,750	$1.89	4d	1	1.04mi
3615 Jupiter Dr Chalmette, LA	3.0	1.5	1000	$1,595	$1.59	45d	1	1.04mi
8504 Valor Dr Unit 8504 Chalmette, LA	3.0	2.0	950	$1,550	$1.63	45d	1	1.09mi
2228 Riverland Dr Chalmette, LA	3.0	1.0	1300	$1,800	$1.38	4d	1	1.09mi
8600 Patricia St Chalmette, LA	3.0	2.0	1255	$1,550	$1.24	25d	1	1.11mi
3321 Plaza Dr Chalmette, LA	3.0	2.0	1400	$1,650	$1.18	12d	1	1.12mi
511 E Genie St Chalmette, LA	3.0	2.0	1100	$1,500	$1.36	3d	1	1.17mi
3711 Tournefort St Chalmette, LA	3.0	2.0	1250	$1,850	$1.48	5d	1	1.18mi
406 Dubarry Pl Chalmette, LA	3.0	2.0	950	$1,550	$1.63	45d	1	1.20mi
2708 Volpe Dr Chalmette, LA	3.0	2.0	1556	$2,300	$1.48	23d	1	1.21mi
9101 Virtue St Unit 9101 Chalmette, LA	3.0	2.0	1100	$1,690	$1.54	4d	1	1.22mi
9115 Virtue St Chalmette, LA	3.0	2.0	1023	$1,600	$1.56	23d	1	1.23mi
9115 Virtue St Chalmette, LA	3.0	2.0	1023	$1,600	$1.56	19d	1	1.23mi
3012 Volpe Dr Chalmette, LA	3.0	2.0	1812	$2,500	$1.38	45d	1	1.30mi
3708 Veronica Dr Chalmette, LA	3.0	2.0	1818	$2,550	$1.40	3d	1	1.44mi

Listing history 22 events

1. 2026-06-21
   days on market $229,900 Active 41 DOM
2. 2026-06-18
   days on market $229,900 Active 38 DOM
3. 2026-06-17
   days on market $229,900 Active 37 DOM
4. 2026-06-16
   days on market $229,900 Active 36 DOM
5. 2026-06-15
   days on market $229,900 Active 35 DOM
6. 2026-06-13
   days on market $229,900 Active 33 DOM
7. 2026-06-10
   days on market $229,900 Active 30 DOM
8. 2026-06-09
   days on market $229,900 Active 29 DOM
9. 2026-06-08
   days on market $229,900 Active 28 DOM
10. 2026-06-07
    days on market $229,900 Active 27 DOM
11. 2026-06-03
    days on market $229,900 Active 23 DOM
12. 2026-06-02
    days on market $229,900 Active 22 DOM
13. 2026-06-01
    days on market $229,900 Active 21 DOM
14. 2026-05-31
    days on market $229,900 Active 20 DOM
15. 2026-05-11
    listed $229,900 Active 1116-char remark

    Show marketing remark (1110 chars)

    Beautifully updated 4-bedroom, 2-bath home located at 2220 Lloyds Avenue in Chalmette offering 1,383 sq ft of living space, a functional layout, and plenty of curb appeal. Inside, you'll find an inviting living and dining area with updated flooring, neutral paint tones, modern fixtures, and great natural light throughout. The kitchen features stylish green cabinetry, white countertops, stainless appliances, a decorative backsplash, updated hardware, and a gas range. Major updates include a 2-year-old roof, A/C and flooring updates completed in 2021 and 2022, kitchen counters, backsplash, front porch, and water heater replaced in 2024, bathrooms and pool deck updated in 2025, and plumbing under the property replaced in June 2020 prior to current ownership. Located in desirable Flood Zone X, this home also offers a covered front porch, covered rear patio, fenced backyard, above-ground pool with deck, long driveway, and detached garage for parking, storage, or workshop potential. Move-in ready and conveniently located near local schools, shopping, restaurants, and all that Chalmette has to offer!

16. 2026-05-11
    listed $229,900 Active 1110-char remark

    Show marketing remark (1110 chars)

    Beautifully updated 4-bedroom, 2-bath home located at 2220 Lloyds Avenue in Chalmette offering 1,383 sq ft of living space, a functional layout, and plenty of curb appeal. Inside, you'll find an inviting living and dining area with updated flooring, neutral paint tones, modern fixtures, and great natural light throughout. The kitchen features stylish green cabinetry, white countertops, stainless appliances, a decorative backsplash, updated hardware, and a gas range. Major updates include a 2-year-old roof, A/C and flooring updates completed in 2021 and 2022, kitchen counters, backsplash, front porch, and water heater replaced in 2024, bathrooms and pool deck updated in 2025, and plumbing under the property replaced in June 2020 prior to current ownership. Located in desirable Flood Zone X, this home also offers a covered front porch, covered rear patio, fenced backyard, above-ground pool with deck, long driveway, and detached garage for parking, storage, or workshop potential. Move-in ready and conveniently located near local schools, shopping, restaurants, and all that Chalmette has to offer!

17. 2020-06-22
    soldstatus $149,900
18. 2020-06-19
    soldstatus $149,900 Closed

    Show marketing remark (372 chars)

    !Fantastic, well kept 3 bed, 2 bath home for sale in Central Chalmette! Features an open floor plan with wood/laminate flooring in common rooms, and ceramic tile in wet areas, granite counter tops, separate living room and den. Backyard features a covered patio and detached garage, great for family get togethers and crawfish boils! Call us today for a private showing!

19. 2020-05-04
    status Pending

    Show marketing remark (372 chars)

    !Fantastic, well kept 3 bed, 2 bath home for sale in Central Chalmette! Features an open floor plan with wood/laminate flooring in common rooms, and ceramic tile in wet areas, granite counter tops, separate living room and den. Backyard features a covered patio and detached garage, great for family get togethers and crawfish boils! Call us today for a private showing!

20. 2020-04-22
    price $149,900

    Show marketing remark (372 chars)

    !Fantastic, well kept 3 bed, 2 bath home for sale in Central Chalmette! Features an open floor plan with wood/laminate flooring in common rooms, and ceramic tile in wet areas, granite counter tops, separate living room and den. Backyard features a covered patio and detached garage, great for family get togethers and crawfish boils! Call us today for a private showing!

21. 2020-03-05
    listed $159,900 Active

    Show marketing remark (372 chars)

    !Fantastic, well kept 3 bed, 2 bath home for sale in Central Chalmette! Features an open floor plan with wood/laminate flooring in common rooms, and ceramic tile in wet areas, granite counter tops, separate living room and den. Backyard features a covered patio and detached garage, great for family get togethers and crawfish boils! Call us today for a private showing!

22. 2020-03-05
    listed $149,900

    Show marketing remark (372 chars)

    !Fantastic, well kept 3 bed, 2 bath home for sale in Central Chalmette! Features an open floor plan with wood/laminate flooring in common rooms, and ceramic tile in wet areas, granite counter tops, separate living room and den. Backyard features a covered patio and detached garage, great for family get togethers and crawfish boils! Call us today for a private showing!

ⓘ 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: $911 · $76/mo
• Projected year-2 tax: $1,264 · $105/mo
• Expected delta: +$353/yr (+$29/mo · 38.8%)

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

Climate risk First Street

• 🌊 Flood 8/10 Severe FEMA zone X (shaded) · 60% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥108°F today · 21 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,219
• − Mortgage interest: −$12,878
• − Property taxes: −$911
• − Insurance: −$1,947
• − Repairs & maintenance: −$1,858
• − Management: −$1,858
• − Depreciation: −$6,688
• Taxable loss: −$2,920
• Est. tax savings @ 24.0%: +$701
• After-tax cash flow: $1,718/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)

No district data.

Livability — Chalmette

• Score: 65/100
• State rank: #137
• US rank: #12500

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Chalmette, LA
• County: Saint Bernard Parish · 22,638 people
• City population: 22,638
• Metro: New Orleans-Metairie, LA
• Population (ZIP): 22,638
• Household income: $55,068
• Rent vs Own: 39.0% rent · 61.0% own
• Severe rent burden: 881.0

Population outlook (St. Bernard County) Hauer SSP2

• Today (2025): 66,513 people
• By 2030: 77,768 · +16.9%
• By 2040: 101,296 · +52.3%
• By 2050: 125,770 · +89.1%
• By 2075: 188,160 · +182.9%
• By 2100: 239,339 · +259.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.61)
• Race & ethnicity: White 55% Black 26% Hispanic / Latino 12% Two or more races 10% Asian 2%
• Hispanic origin (detail): Mexican 2%
• Common ancestry: Lithuanian 13% Slovak 2%
• Foreign-born: 6% · Canada, Vietnam
• Languages at home: 88% English-only · Spanish 8% Arabic 1% Vietnamese 1%

Political lean MEDSL · St. Bernard

• 2024 margin: Strong R (+29.3) · D 34.5% · R 63.8% · Other 1.7%
• 2008→2024 swing: +16.1pp toward D · 2008: -45.4pp · 2024: -29.3pp
• All cycles: 2024: R+29.3 2020: R+28.5 2016: R+33.4 2012: R+24.7 2008: R+45.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -211.77%
• Current HPI: 194.8123
• Rent YoY: ▲ 3.11%
• 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

+43.8% since first listed

8 events — show timeline

• 2026-05-11 Listed $229,900 AcadianaMLS
• 2026-05-11 Listed $229,900 GSREIN
• 2020-06-22 Sold (Public Records) $149,900 Public Records
• 2020-06-19 Sold (MLS) $149,900 GSREIN
• 2020-05-04 Pending — GSREIN
• 2020-04-22 Price Changed $149,900 GSREIN
• 2020-03-05 Listed $149,900 AcadianaMLS
• 2020-03-05 Listed $159,900 GSREIN

Property tax history

-0.3%/yr

Latest (2025): $911 · -55.9% YoY. Source: county tax records.