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1801 W Homestead Dr
B Composite 71.54
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
  • ARV discount +13.0/15.0
  • DSCR +10.0/10.0
  • 1% rule +8.1/10.0
  • Livability +4.0/5.0
  • Condition / age +2.5/5.0
  • Rent growth +2.3/5.0
  • Schools +1.6/10.0
  • Appreciation +0.0/10.0

$150,000

1801 W Homestead Dr · New Orleans, LA 70114
4 bd · 2.0 ba · 1,284 sqft · SingleFamily public records · 3 Days on market
Built 1993 $117/sqft · 11% below area Est $171k · 12% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

PRICE IMPROVEMENT!!! THIS IS THE ONE!! COME CHECK IT OUT!! Welcome to 1801 West Homestead Drive -- located in an X flood zone, this well maintained single-family residence is freshly updated and move-in ready! It sits in the heart of the sought-after Behrman neighborhood of New Orleans. The home features fresh interior paint, new fixtures, comfortable living spaces with 3 bedrooms and 2 full bathrooms, providing an ideal layout for families, first-time buyers, or investors looking for a solid property with strong potential. Situated on a generous city lot with a large fenced yard, it offers plenty of space for entertaining, pets, or future possibilities. Central heating and cooling system is BRAND NEW providing year round comfort. Schedule your private showing today and explore all the possibilities this home has to offer.

Key facts

  • Large fenced yard
  • Parking
  • Built 1993

Tags

LARGE FENCED YARD

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 4-bed/2.0-bath single-family listed at $150k.

Deal economics

  • At list price, monthly cash flow is $564 ($7k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $150k).
  • Cap rate 11.3% vs local median 4.4% in New Orleans — 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 81/100 on livability (#3 in LA, #1,383 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, health & safety A+; Watch: crime C-, employment D.
  • Orleans Parish (urban): math 11% / reading 27% proficiency, ranked #69 of 98 in LA (top 70%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 68% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: Rents soft (-0.7%/yr); 265 active listings in the ZIP; 24 comparable units currently listed for rent nearby; rentals leasing fast (median 12d on market — plan ~1-2 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 710 units permitted in Orleans Parish in 2024 (244 in 5+ unit buildings).
  • At $1,960/mo this rent would consume 54% of the median local household income ($43k/yr) (locally 2240% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

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.
  • Orleans County population projected at +61% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • Only 3 days on market — expect competitive offers; lowballing is unlikely to land.
  • 6 sale attempts since 9y ago; this cycle's ask has dropped $25k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $98k; list at $150k implies a 53% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: flood insurance adds $66/mo.
  • Climate carrying-cost: severe flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $150,000

Questions for the listing agent

  1. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. 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.
  4. 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.
  5. 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
1.31%
Cap rate
11.34%
Cash-on-cash
18.02%
DSCR
1.80
GRM
6.4

CMA / ARV

ARV (median comp)
$171,009
List price
$150,000
Delta
-12.29%
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
1408 General Collins Ave 0.36mi 3/2.0 (-1) 1,277 (-0%) 5mo $152,000 $119 73
1121 Southlawn Blvd 0.58mi 3/2.0 (-1) 1,288 (+0%) 1mo $145,000 $113 67
1100 Southlawn Blvd 0.61mi 3/2.0 (-1) 1,300 (+1%) 1mo $183,000 $141 64
1600 Tropic Dr 0.52mi 3/1.5 (-1) 1,226 (-4%) 3mo $155,000 $126 58
1220 Terry St 0.27mi 3/2.0 (-1) 1,134 (-12%) 9mo $55,000 $49 55
1761 Pace Blvd 0.56mi 3/2.0 (-1) 1,390 (+8%) 3mo $166,300 $120 53
1236 Southlawn Blvd 0.43mi 3/2.0 (-1) 1,450 (+13%) 2mo $145,000 $100 52
1721 Pace Blvd 0.54mi 3/1.0 (-1) 1,383 (+8%) 3mo $70,000 $51 51
1240 Merrill St 0.46mi 3/1.0 (-1) 1,192 (-7%) 9mo $150,000 $126 50
1513 Shirley Dr 0.74mi 3/1.0 (-1) 1,341 (+4%) 2mo $185,000 $138 47
1416 Pace Blvd 0.46mi 3/1.0 (-1) 1,118 (-13%) 1mo $140,000 $125 47
3604 Vespasian Blvd 0.51mi 5/2.0 (+1) 1,450 (+13%) 10mo $179,000 $123 41

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 · 0.0% rent growth · sell at horizon

5-year hold
IRR
3.8%
Equity multiple
1.14×
Total profit
$5,888
Equity at exit
$22,365
10-year hold
IRR
10.3%
Equity multiple
1.70×
Total profit
$29,197
Equity at exit
$12,969

Cash invested: $42,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
90 Strongly Landlord-Friendly
State Louisiana
90 Strongly Landlord-Friendly · R+12
County
— inherits STATE
City
— inherits STATE
5-day notice; no state rent control; civil-law jurisdiction; landlord-favorable.

ZIP-level market 70114

Rents YoY
-0.7%
Active inventory
265
Price-to-rent
6.4×

Monthly cashflow live

Estimated rent
$1,960 high interval (Pro) →
Mortgage (P&I)
$787
Tax from tax record
$69 /mo · $823/yr
Insurance
$62
Flood insurance flood zone
−$66 /mo · $798/yr
HOA
$0
Vacancy / Maint / Mgmt
$412
Net cashflow
$564

Break-even live

Break-even rent $1,246
Max offer price $150,000
Occupancy floor 66%

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
$37,500
Closing costs
$4,500
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 24 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
3441 Catalina Dr New Orleans, LA 5.0 2.0 1610 $2,450 $1.52 12d 1 0.19mi
1622 Jo Ann Pl New Orleans, LA 3.0 1.5 1301 $1,500 $1.15 2d 1 0.34mi
3000 Americus St New Orleans, LA 3.0 2.0 1280 $1,400 $1.09 24d 1 0.35mi
1200 Southlawn Blvd New Orleans, LA 3.0 2.0 950 $1,725 $1.82 24d 1 0.49mi
1719 Pace Blvd New Orleans, LA 3.0 1.0 1178 $2,000 $1.70 12d 1 0.52mi
1774 Pace Blvd New Orleans, LA 4.0 2.5 1574 $2,000 $1.27 24d 1 0.52mi
2002 Pace Blvd Unit 103 New Orleans, LA 3.0 2.0 1000 $1,500 $1.50 14d 1 0.59mi
1684 Lauradale Dr New Orleans, LA 4.0 2.0 1571 $2,000 $1.27 24d 1 0.76mi
1625 Lauradale Dr New Orleans, LA 3.0 2.0 1029 $1,700 $1.65 3d 1 0.78mi
1812 River Oaks Dr New Orleans, LA 3.0 1.0 1148 $1,700 $1.48 3d 1 0.97mi
1812 River Oaks Dr New Orleans, LA 3.0 1.0 1148 $1,700 $1.48 3d 1 0.97mi
2320 Mardi Gras Blvd New Orleans, LA 4.0 2.5 1600 $2,500 $1.56 2d 1 0.98mi
1414 Sumner St New Orleans, LA 3.0 2.0 1800 $1,450 $0.81 16d 1 1.08mi
1108 Sumner St New Orleans, LA 3.0 1.5 1197 $1,500 $1.25 12d 1 1.13mi
701 Behrman Ave New Orleans, LA 3.0 2.0 1368 $2,300 $1.68 3d 1 1.22mi
438 Friscoville Ave Arabi, LA 3.0 2.0 1500 $3,200 $2.13 3d 1 1.24mi
6900 Royal St Arabi, LA 3.0 2.0 1579 $5,888 $3.73 3d 1 1.36mi
617 Forstall St New Orleans, LA 3.0 2.0 1262 $2,200 $1.74 3d 1 1.37mi
619 Reynes St New Orleans, LA 3.0 2.0 1318 $2,100 $1.59 16d 1 1.39mi
807 Whitney Ave Unit 1 New Orleans, LA 3.0 2.0 1262 $1,500 $1.19 3d 1 1.40mi
3320 Kabel Dr Unit C New Orleans, LA 3.0 2.0 999 $1,100 $1.10 3d 1 1.42mi
3362 Kabel Dr New Orleans, LA 3.0 2.0 1000 $1,250 $1.25 24d 1 1.42mi
906 Flood St New Orleans, LA 3.0 3.0 1174 $1,700 $1.45 2d 1 1.49mi
6038 N Rampart St New Orleans, LA 3.0 2.0 1080 $1,795 $1.66 24d 1 1.50mi

Listing history 33 events

  1. 2026-06-18
    days on market $150,000 Active 3 DOM
  2. 2026-06-17
    days on market $150,000 Active 2 DOM
  3. 2026-06-16
    days on marketlisting id $150,000 Active 1 DOM
  4. 2026-06-15
    days on market $150,000 Active 172 DOM
  5. 2026-06-13
    days on market $150,000 Active 170 DOM
  6. 2026-06-10
    days on market $150,000 Active 167 DOM
  7. 2026-06-09
    days on market $150,000 Active 166 DOM
  8. 2026-06-08
    days on market $150,000 Active 165 DOM
  9. 2026-06-07
    days on market $150,000 Active 164 DOM
  10. 2026-06-05
    days on market $150,000 Active 161 DOM
  11. 2026-06-03
    days on market $150,000 Active 160 DOM
  12. 2026-06-02
    days on market $150,000 Active 159 DOM
  13. 2026-06-01
    days on market $150,000 Active 158 DOM
  14. 2026-05-31
    days on market $150,000 Active 157 DOM
  15. 2026-05-16
    status Active 834-char remark
    Show marketing remark (839 chars)

    PRICE IMPROVEMENT!!! THIS IS THE ONE!! COME CHECK IT OUT!! Welcome to 1801 West Homestead Drive — located in an X flood zone, this well maintained single-family residence is freshly updated and move-in ready! It sits in the heart of the sought-after Behrman neighborhood of New Orleans. The home features fresh interior paint, new fixtures, comfortable living spaces with 3 bedrooms and 2 full bathrooms, providing an ideal layout for families, first-time buyers, or investors looking for a solid property with strong potential. Situated on a generous city lot with a large fenced yard, it offers plenty of space for entertaining, pets, or future possibilities. Central heating and cooling system is BRAND NEW providing year round comfort. Schedule your private showing today and explore all the possibilities this home has to offer.

  16. 2026-05-16
    status Active 839-char remark
    Show marketing remark (839 chars)

    PRICE IMPROVEMENT!!! THIS IS THE ONE!! COME CHECK IT OUT!! Welcome to 1801 West Homestead Drive — located in an X flood zone, this well maintained single-family residence is freshly updated and move-in ready! It sits in the heart of the sought-after Behrman neighborhood of New Orleans. The home features fresh interior paint, new fixtures, comfortable living spaces with 3 bedrooms and 2 full bathrooms, providing an ideal layout for families, first-time buyers, or investors looking for a solid property with strong potential. Situated on a generous city lot with a large fenced yard, it offers plenty of space for entertaining, pets, or future possibilities. Central heating and cooling system is BRAND NEW providing year round comfort. Schedule your private showing today and explore all the possibilities this home has to offer.

  17. 2026-05-14
    status Pending 834-char remark
    Show marketing remark (839 chars)

    PRICE IMPROVEMENT!!! THIS IS THE ONE!! COME CHECK IT OUT!! Welcome to 1801 West Homestead Drive — located in an X flood zone, this well maintained single-family residence is freshly updated and move-in ready! It sits in the heart of the sought-after Behrman neighborhood of New Orleans. The home features fresh interior paint, new fixtures, comfortable living spaces with 3 bedrooms and 2 full bathrooms, providing an ideal layout for families, first-time buyers, or investors looking for a solid property with strong potential. Situated on a generous city lot with a large fenced yard, it offers plenty of space for entertaining, pets, or future possibilities. Central heating and cooling system is BRAND NEW providing year round comfort. Schedule your private showing today and explore all the possibilities this home has to offer.

  18. 2026-05-14
    status Pending 839-char remark
    Show marketing remark (839 chars)

    PRICE IMPROVEMENT!!! THIS IS THE ONE!! COME CHECK IT OUT!! Welcome to 1801 West Homestead Drive — located in an X flood zone, this well maintained single-family residence is freshly updated and move-in ready! It sits in the heart of the sought-after Behrman neighborhood of New Orleans. The home features fresh interior paint, new fixtures, comfortable living spaces with 3 bedrooms and 2 full bathrooms, providing an ideal layout for families, first-time buyers, or investors looking for a solid property with strong potential. Situated on a generous city lot with a large fenced yard, it offers plenty of space for entertaining, pets, or future possibilities. Central heating and cooling system is BRAND NEW providing year round comfort. Schedule your private showing today and explore all the possibilities this home has to offer.

  19. 2026-04-17
    price $150,000 834-char remark
    Show marketing remark (839 chars)

    PRICE IMPROVEMENT!!! THIS IS THE ONE!! COME CHECK IT OUT!! Welcome to 1801 West Homestead Drive — located in an X flood zone, this well maintained single-family residence is freshly updated and move-in ready! It sits in the heart of the sought-after Behrman neighborhood of New Orleans. The home features fresh interior paint, new fixtures, comfortable living spaces with 3 bedrooms and 2 full bathrooms, providing an ideal layout for families, first-time buyers, or investors looking for a solid property with strong potential. Situated on a generous city lot with a large fenced yard, it offers plenty of space for entertaining, pets, or future possibilities. Central heating and cooling system is BRAND NEW providing year round comfort. Schedule your private showing today and explore all the possibilities this home has to offer.

  20. 2026-04-17
    price $150,000 839-char remark
    Show marketing remark (839 chars)

    PRICE IMPROVEMENT!!! THIS IS THE ONE!! COME CHECK IT OUT!! Welcome to 1801 West Homestead Drive — located in an X flood zone, this well maintained single-family residence is freshly updated and move-in ready! It sits in the heart of the sought-after Behrman neighborhood of New Orleans. The home features fresh interior paint, new fixtures, comfortable living spaces with 3 bedrooms and 2 full bathrooms, providing an ideal layout for families, first-time buyers, or investors looking for a solid property with strong potential. Situated on a generous city lot with a large fenced yard, it offers plenty of space for entertaining, pets, or future possibilities. Central heating and cooling system is BRAND NEW providing year round comfort. Schedule your private showing today and explore all the possibilities this home has to offer.

  21. 2026-03-07
    price $160,000 834-char remark
    Show marketing remark (839 chars)

    PRICE IMPROVEMENT!!! THIS IS THE ONE!! COME CHECK IT OUT!! Welcome to 1801 West Homestead Drive — located in an X flood zone, this well maintained single-family residence is freshly updated and move-in ready! It sits in the heart of the sought-after Behrman neighborhood of New Orleans. The home features fresh interior paint, new fixtures, comfortable living spaces with 3 bedrooms and 2 full bathrooms, providing an ideal layout for families, first-time buyers, or investors looking for a solid property with strong potential. Situated on a generous city lot with a large fenced yard, it offers plenty of space for entertaining, pets, or future possibilities. Central heating and cooling system is BRAND NEW providing year round comfort. Schedule your private showing today and explore all the possibilities this home has to offer.

  22. 2026-03-07
    price $160,000 839-char remark
    Show marketing remark (839 chars)

    PRICE IMPROVEMENT!!! THIS IS THE ONE!! COME CHECK IT OUT!! Welcome to 1801 West Homestead Drive — located in an X flood zone, this well maintained single-family residence is freshly updated and move-in ready! It sits in the heart of the sought-after Behrman neighborhood of New Orleans. The home features fresh interior paint, new fixtures, comfortable living spaces with 3 bedrooms and 2 full bathrooms, providing an ideal layout for families, first-time buyers, or investors looking for a solid property with strong potential. Situated on a generous city lot with a large fenced yard, it offers plenty of space for entertaining, pets, or future possibilities. Central heating and cooling system is BRAND NEW providing year round comfort. Schedule your private showing today and explore all the possibilities this home has to offer.

  23. 2026-01-30
    price $169,500 834-char remark
    Show marketing remark (834 chars)

    PRICE IMPROVEMENT!!! THIS IS THE ONE!! COME CHECK IT OUT!! Welcome to 1801 West Homestead Drive -- located in an X flood zone, this well maintained single-family residence is freshly updated and move-in ready! It sits in the heart of the sought-after Behrman neighborhood of New Orleans. The home features fresh interior paint, new fixtures, comfortable living spaces with 3 bedrooms and 2 full bathrooms, providing an ideal layout for families, first-time buyers, or investors looking for a solid property with strong potential. Situated on a generous city lot with a large fenced yard, it offers plenty of space for entertaining, pets, or future possibilities. Central heating and cooling system is BRAND NEW providing year round comfort. Schedule your private showing today and explore all the possibilities this home has to offer.

  24. 2026-01-28
    price $169,500 839-char remark
    Show marketing remark (839 chars)

    PRICE IMPROVEMENT!!! THIS IS THE ONE!! COME CHECK IT OUT!! Welcome to 1801 West Homestead Drive — located in an X flood zone, this well maintained single-family residence is freshly updated and move-in ready! It sits in the heart of the sought-after Behrman neighborhood of New Orleans. The home features fresh interior paint, new fixtures, comfortable living spaces with 3 bedrooms and 2 full bathrooms, providing an ideal layout for families, first-time buyers, or investors looking for a solid property with strong potential. Situated on a generous city lot with a large fenced yard, it offers plenty of space for entertaining, pets, or future possibilities. Central heating and cooling system is BRAND NEW providing year round comfort. Schedule your private showing today and explore all the possibilities this home has to offer.

  25. 2025-12-22
    listed $175,000 Active 834-char remark
    Show marketing remark (839 chars)

    PRICE IMPROVEMENT!!! THIS IS THE ONE!! COME CHECK IT OUT!! Welcome to 1801 West Homestead Drive — located in an X flood zone, this well maintained single-family residence is freshly updated and move-in ready! It sits in the heart of the sought-after Behrman neighborhood of New Orleans. The home features fresh interior paint, new fixtures, comfortable living spaces with 3 bedrooms and 2 full bathrooms, providing an ideal layout for families, first-time buyers, or investors looking for a solid property with strong potential. Situated on a generous city lot with a large fenced yard, it offers plenty of space for entertaining, pets, or future possibilities. Central heating and cooling system is BRAND NEW providing year round comfort. Schedule your private showing today and explore all the possibilities this home has to offer.

  26. 2025-12-22
    listed $175,000 Active 839-char remark
    Show marketing remark (839 chars)

    PRICE IMPROVEMENT!!! THIS IS THE ONE!! COME CHECK IT OUT!! Welcome to 1801 West Homestead Drive — located in an X flood zone, this well maintained single-family residence is freshly updated and move-in ready! It sits in the heart of the sought-after Behrman neighborhood of New Orleans. The home features fresh interior paint, new fixtures, comfortable living spaces with 3 bedrooms and 2 full bathrooms, providing an ideal layout for families, first-time buyers, or investors looking for a solid property with strong potential. Situated on a generous city lot with a large fenced yard, it offers plenty of space for entertaining, pets, or future possibilities. Central heating and cooling system is BRAND NEW providing year round comfort. Schedule your private showing today and explore all the possibilities this home has to offer.

  27. 2017-12-12
    soldstatus $98,000
  28. 2017-12-08
    soldstatus $98,000 Sold
  29. 2017-10-23
    status Under Contract
  30. 2017-10-03
    price $95,500
  31. 2017-06-09
    listed $99,900 Active
  32. 2017-06-08
    listed $95,500
  33. 1987-08-18
    soldstatus $54,450

ⓘ 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
$823 · $69/mo
Projected year-2 tax
$825 · $69/mo
Expected delta
+$2/yr ($0/mo · 0.2%)

ⓘ 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 · 60% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 10/10 Extreme 7 d/yr ≥108°F today · 22 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

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$23,521
− Mortgage interest
−$8,402
− Property taxes
−$823
− Insurance
−$1,547
− Repairs & maintenance
−$1,882
− Management
−$1,882
− Depreciation
−$4,364
Taxable income
$4,621
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,109
After-tax cash flow
$5,663/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
Orleans Parish
NCES district ID
2201170
Math proficiency
11% ▼ -52.00%
Reading proficiency
27% ▼ -46.00%
Median HH income
$37,011
Composite
15.78/100
National rank
#9271
State rank
#69 of 98 in LA

Livability — New Orleans

Score
81/100
State rank
#3
US rank
#1383

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
New Orleans, LA
County
Orleans Parish · 338,817 people
City population
338,817
Metro
New Orleans-Metairie, LA
Population (ZIP)
22,659
Household income
$43,493
Rent vs Own
58.8% rent · 41.2% own
Severe rent burden
2240.0

Population outlook (Orleans County) Hauer SSP2

Today (2025)
513,025 people
By 2030
575,781 · +12.2%
By 2040
700,174 · +36.5%
By 2050
826,541 · +61.1%
By 2075
1,123,374 · +119.0%
By 2100
1,355,609 · +164.2%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly Black (72%)
Race & ethnicity
Black 72% White 16% Hispanic / Latino 8% Two or more races 5%
Hispanic origin (detail)
Mexican 2% Puerto Rican 1%
Common ancestry
Lithuanian 3% Slovak 1% Italian 1%
Foreign-born
5% · Canada
Languages at home
91% English-only · Spanish 6% French/Haitian/Cajun 2% Other Indo-European 1%

Political lean MEDSL · Orleans

2024 margin
Solid D (+67.0) · D 82.2% · R 15.2% · Other 2.7%
2008→2024 swing
+6.7pp toward D · 2008: 60.3pp · 2024: 67.0pp
All cycles
2024: D+67.0 2020: D+68.2 2016: D+66.2 2012: D+62.5 2008: D+60.3

Not yet ingested

Civics

Market trends

HPI YoY
▼ -98.56%
Current HPI
149.0172
Rent YoY
▼ -0.72%
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

+175.5% since first listed
19 events — show timeline
  • 2026-05-16 Relisted AcadianaMLS
  • 2026-05-16 Relisted GSREIN
  • 2026-05-14 Pending AcadianaMLS
  • 2026-05-14 Pending GSREIN
  • 2026-04-17 Price Changed $150,000 AcadianaMLS
  • 2026-04-17 Price Changed $150,000 GSREIN
  • 2026-03-07 Price Changed $160,000 AcadianaMLS
  • 2026-03-07 Price Changed $160,000 GSREIN
  • 2026-01-30 Price Changed $169,500 AcadianaMLS
  • 2026-01-28 Price Changed $169,500 GSREIN
  • 2025-12-22 Listed $175,000 GSREIN
  • 2025-12-22 Listed $175,000 AcadianaMLS
  • 2017-12-12 Sold (Public Records) $98,000 Public Records
  • 2017-12-08 Sold (MLS) $98,000 GSREIN
  • 2017-10-23 Pending GSREIN
  • 2017-10-03 Price Changed $95,500 GSREIN
  • 2017-06-09 Listed $99,900 GSREIN
  • 2017-06-08 Listed $95,500 AcadianaMLS
  • 1987-08-18 Sold (Public Records) $54,450 Public Records

Property tax history

-4.9%/yr

Latest (2026): $823 · +23.8% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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