644 10th St · Westwego, LA
Flood risk No data
- FEMA flood zone
- —
- Chance of flooding over 30 yrs
- —
- Est. flood insurance / yr
- —
Fire risk No data
- Est. fire insurance / yr
- —
Heat risk No data
- Hot days now (above threshold)
- —
- Hot days in 30 yrs
- —
Wind risk No data
- Chance of severe wind over 30 yrs
- —
Air-quality risk No data
- Unhealthy air days now
- —
- Unhealthy air days in 30 yrs
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Risk factors via First Street. Map © Google.
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 +27.4/30.0
- ARV discount +15.0/15.0
- DSCR +9.6/10.0
- 1% rule +7.2/10.0
- Livability +3.4/5.0
- Schools +2.5/10.0
- Condition / age +2.5/5.0
- Rent growth +2.3/5.0
- Appreciation +0.0/10.0
$130,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
This charming home is located in the heart of Westwego, offering both comfort and convenience in a prime location. Featuring three bedrooms and two bathrooms, great for a first-time homebuyer or an investor looking to expand their portfolio. The spacious living room, with its beautiful archways, flows seamlessly into the well-equipped kitchen, great for everyday meals and gatherings. The kitchen boasts stainless steel appliances, a gas stove, white shaker cabinetry, crown molding, double-paned windows, a large fenced backyard, covered two-car carport, and much more! Short Sale already approved. Some photos digitally staged to show potential. Call today for more information or to schedule your private tour!
Key facts
- Gas stove
- Crown molding
- Spacious living room
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath single-family listed at $130k.
Deal economics
- At list price, monthly cash flow is $381 ($5k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $130k).
- Recommended offer: $118k (9.0% below list) — sets the bar for market timing.
- Cap rate 9.8% vs local median 6.5% in Westwego — 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 68/100 on livability (#97 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+; Watch: schools C-, crime D, amenities 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: Rents soft (-0.8%/yr); 186 active listings in the ZIP; 20 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 40% of comp listings sitting > 30 days — soft ceiling on asking rent; 518 units permitted in Jefferson Parish in 2024 (43 in 5+ unit buildings).
- This rent runs 35% of the median local income ($54k/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 $899 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
Negotiation context
- It's been on market 95 days — a 9% lower offer ($118k) is reasonable based on typical stale-listing flexibility.
- 12 sale attempts since 9y 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.
Questions for the listing agent
- It's been on market 95 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
- Built in 1978 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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.
- 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.
- 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
- 1.22% ✓
- Cap rate
- 9.81%
- Cash-on-cash
- 12.56%
- DSCR
- 1.56
- GRM
- 6.8
CMA / ARV
- ARV (median comp)
- $167,071
- List price
- $130,000
- Delta
- -22.19%
- 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 |
|---|---|---|---|---|---|---|---|
| 631 Eighth St | 0.27mi | 3/2.0 | 1,022 (-4%) | 5mo | $190,000 | $186 | 76 |
| 1114 Central Ave | 0.32mi | 3/1.0 | 1,067 (+0%) | 14mo | $185,000 | $173 | 70 |
| 1206 Avenue A Ave | 0.38mi | 3/2.0 | 991 (-7%) | 5mo | $170,000 | $172 | 66 |
| 969 Avenue A | 0.37mi | 3/2.0 | 1,162 (+9%) | 4mo | $189,000 | $163 | 65 |
| 1329 Kenny Dr | 0.71mi | 3/1.5 | 1,060 (-1%) | 2mo | $157,000 | $148 | 62 |
| 705 Central Ave | 0.60mi | 3/1.0 | 1,115 (+5%) | 4mo | $172,500 | $155 | 57 |
| 812 Central Ave | 0.47mi | 2/1.0 (-1) | 1,049 (-2%) | 13mo | $105,000 | $100 | 56 |
| 820 Avenue B Ave | 0.46mi | 3/2.0 | 930 (-13%) | 7mo | $215,300 | $232 | 51 |
| 774 Avenue B Ave | 0.50mi | 2/2.5 (-1) | 971 (-9%) | 10mo | $123,500 | $127 | 46 |
| 1219 Central Ave | 0.36mi | 2/2.0 (-1) | 1,200 (+13%) | 15mo | $175,000 | $146 | 44 |
| 713 Chipley St | 0.67mi | 2/1.0 (-1) | 1,000 (-6%) | 12mo | $172,000 | $172 | 39 |
| 607 Central Ave | 0.68mi | 2/1.0 (-1) | 970 (-9%) | 10mo | $109,900 | $113 | 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 · 0.0% rent growth · sell at horizon
- IRR
- -1.1%
- Equity multiple
- 0.96×
- Total profit
- $-1,432
- Equity at exit
- $19,383
- IRR
- 5.2%
- Equity multiple
- 1.33×
- Total profit
- $12,095
- Equity at exit
- $11,240
Cash invested: $36,400 (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
ZIP-level market 70094
- Rents YoY
- -0.8%
- Active inventory
- 186
- Price-to-rent
- 6.8×
Monthly cashflow live
- Estimated rent
- $1,583 high interval (Pro) →
- Mortgage (P&I)
- −$682
- Tax from tax record
- −$134 /mo · $1,607/yr
- Insurance
- −$54
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$332
- Net cashflow
- $381
Break-even live
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
- $32,500
- Closing costs
- $3,900
- 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 20 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1300 Tanglewood Dr Westwego, LA | 1.0–3.0 | 1.0–1.5 | 781 | $1,310 | $1.68 | 2d | 14 | 0.16mi |
| 653 Vic a Pitre Dr Westwego, LA | 3.0 | 2.0 | 1491 | $2,200 | $1.48 | 4d | 1 | 0.17mi |
| 958 Avenue B Westwego, LA | 2.0 | 1.0 | 1018 | $1,500 | $1.47 | 43d | 1 | 0.23mi |
| 1015 West Dr Westwego, LA | 2.0 | 1.0 | 750 | $1,200 | $1.60 | 43d | 1 | 0.27mi |
| 900 Avenue H Unit D Westwego, LA | 2.0 | 1.5 | 992 | $1,300 | $1.31 | 20d | 1 | 0.28mi |
| 1060 Avenue B Unit A Westwego, LA | 3.0 | 2.0 | 1124 | $1,550 | $1.38 | 23d | 1 | 0.33mi |
| 1234 Central Ave Westwego, LA | 3.0 | 1.5 | 800 | $1,200 | $1.50 | 23d | 1 | 0.34mi |
| 1233 Central Ave Westwego, LA | 3.0 | 1.5 | 1357 | $1,500 | $1.11 | 23d | 1 | 0.34mi |
| 1413 Central Ave Unit C Westwego, LA | 2.0 | 1.5 | 1000 | $1,200 | $1.20 | 43d | 1 | 0.50mi |
| 710 West Dr Westwego, LA | 2.0 | 1.0 | 941 | $1,500 | $1.59 | 4d | 1 | 0.54mi |
| 1226 Kenny Dr Westwego, LA | 4.0 | 2.0 | 1300 | $1,650 | $1.27 | 23d | 1 | 0.61mi |
| 181 Louisiana St Westwego, LA | 4.0 | 2.0 | 1500 | $1,550 | $1.03 | 43d | 1 | 0.68mi |
| 1029 Joyce St Marrero, LA | 3.0 | 2.0 | 1300 | $1,650 | $1.27 | 14d | 1 | 0.79mi |
| 525 Emile Ave Westwego, LA | 3.0 | 2.0 | 1329 | $800 | $0.60 | 23d | 1 | 0.96mi |
| 520 Bellina Ln Marrero, LA | 2.0 | 1.0 | 1200 | $1,200 | $1.00 | 43d | 1 | 0.99mi |
| 517 Bellina Ln Marrero, LA | 2.0 | 1.0 | 1200 | $1,400 | $1.17 | 43d | 1 | 1.00mi |
| 7429 Pritchard St Marrero, LA | 2.0 | 1.0 | 925 | $1,150 | $1.24 | 14d | 1 | 1.01mi |
| 412 Avenue A Westwego, LA | 2.0 | 1.0 | 1103 | $1,500 | $1.36 | 43d | 1 | 1.02mi |
| 569 Magnolia Dr Marrero, LA | 2.0 | 1.5 | 1450 | $1,500 | $1.03 | 43d | 1 | 1.17mi |
| 524 Bertucci St Marrero, LA | 2.0 | 1.0 | 960 | $1,300 | $1.35 | 14d | 1 | 1.37mi |
Listing history 44 events
-
2026-06-07statusdays on market $130,000 Pending 95 DOM
-
2026-06-03days on market $130,000 Active 94 DOM
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2026-06-02days on market $130,000 Active 93 DOM
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2026-06-01days on market $130,000 Active 92 DOM
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2026-05-31days on market $130,000 Active 91 DOM
-
2026-05-10status Active 715-char remark
Show marketing remark (715 chars)
This charming home is located in the heart of Westwego, offering both comfort and convenience in a prime location. Featuring three bedrooms and two bathrooms, great for a first-time homebuyer or an investor looking to expand their portfolio. The spacious living room, with its beautiful archways, flows seamlessly into the well-equipped kitchen, great for everyday meals and gatherings. The kitchen boasts stainless steel appliances, a gas stove, white shaker cabinetry, crown molding, double-paned windows, a large fenced backyard, covered two-car carport, and much more! Short Sale already approved. Some photos digitally staged to show potential. Call today for more information or to schedule your private tour!
-
2026-05-10status Active 715-char remark
Show marketing remark (715 chars)
This charming home is located in the heart of Westwego, offering both comfort and convenience in a prime location. Featuring three bedrooms and two bathrooms, great for a first-time homebuyer or an investor looking to expand their portfolio. The spacious living room, with its beautiful archways, flows seamlessly into the well-equipped kitchen, great for everyday meals and gatherings. The kitchen boasts stainless steel appliances, a gas stove, white shaker cabinetry, crown molding, double-paned windows, a large fenced backyard, covered two-car carport, and much more! Short Sale already approved. Some photos digitally staged to show potential. Call today for more information or to schedule your private tour!
-
2026-05-09historical 715-char remark
Show marketing remark (715 chars)
This charming home is located in the heart of Westwego, offering both comfort and convenience in a prime location. Featuring three bedrooms and two bathrooms, great for a first-time homebuyer or an investor looking to expand their portfolio. The spacious living room, with its beautiful archways, flows seamlessly into the well-equipped kitchen, great for everyday meals and gatherings. The kitchen boasts stainless steel appliances, a gas stove, white shaker cabinetry, crown molding, double-paned windows, a large fenced backyard, covered two-car carport, and much more! Short Sale already approved. Some photos digitally staged to show potential. Call today for more information or to schedule your private tour!
-
2026-02-27$130,000 Active 715-char remark
Show marketing remark (715 chars)
This charming home is located in the heart of Westwego, offering both comfort and convenience in a prime location. Featuring three bedrooms and two bathrooms, great for a first-time homebuyer or an investor looking to expand their portfolio. The spacious living room, with its beautiful archways, flows seamlessly into the well-equipped kitchen, great for everyday meals and gatherings. The kitchen boasts stainless steel appliances, a gas stove, white shaker cabinetry, crown molding, double-paned windows, a large fenced backyard, covered two-car carport, and much more! Short Sale already approved. Some photos digitally staged to show potential. Call today for more information or to schedule your private tour!
-
2026-02-27$130,000 Active 715-char remark
Show marketing remark (715 chars)
This charming home is located in the heart of Westwego, offering both comfort and convenience in a prime location. Featuring three bedrooms and two bathrooms, great for a first-time homebuyer or an investor looking to expand their portfolio. The spacious living room, with its beautiful archways, flows seamlessly into the well-equipped kitchen, great for everyday meals and gatherings. The kitchen boasts stainless steel appliances, a gas stove, white shaker cabinetry, crown molding, double-paned windows, a large fenced backyard, covered two-car carport, and much more! Short Sale already approved. Some photos digitally staged to show potential. Call today for more information or to schedule your private tour!
-
2025-10-30price $130,000
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2025-10-30price $130,000
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2025-09-24price $135,000
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2025-09-24price $135,000
-
2025-08-15price $130,000
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2025-08-15price $130,000
-
2025-06-20price $140,000
-
2025-06-20price $140,000
-
2025-04-09price $145,000
-
2025-04-09price $145,000
-
2025-03-25price $148,000
-
2025-03-25price $148,000
-
2025-03-10price $150,000
-
2025-03-06price $150,000
-
2025-01-29price $152,000
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2025-01-29price $152,000
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2025-01-04price $160,000
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2025-01-04$160,000 Active
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2025-01-04$135,000 Active
-
2020-07-28soldstatus $146,000
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2020-07-24soldstatus $146,000 Closed
-
2020-06-05status Pending
-
2020-06-02status Active
-
2020-05-27status Pending
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2020-05-22$140,000
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2020-05-22$140,000 Active
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2017-11-17soldstatus $37,000 Sold
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2017-10-31soldstatus $49,986
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2017-10-08status Under Contract
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2017-10-02status Active
-
2017-09-13status Under Contract
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2017-09-07$37,000 Active
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2017-09-06$37,000
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1994-11-01soldstatus
ⓘ 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
- $1,607 · $134/mo
- Projected year-2 tax
- $1,607 · $134/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $19,000
- − Mortgage interest
- −$7,282
- − Property taxes
- −$1,607
- − Insurance
- −$650
- − Repairs & maintenance
- −$1,520
- − Management
- −$1,520
- − Depreciation
- −$3,782
- Taxable income
- $2,639
- Est. tax owed @ 24.0%
- −$633
- After-tax cash flow
- $3,939/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 — Westwego
- Score
- 68/100
- State rank
- #97
- US rank
- #9851
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Westwego, LA
- County
- Jefferson Parish · 426,999 people
- Metro
- New Orleans-Metairie, LA
- Population (ZIP)
- 32,130
- Household income
- $53,597
- Rent vs Own
- Severe rent burden
- 1457.0
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
- Diverse neighborhood (Simpson 0.65)
- Race & ethnicity
- Black 46% White 36% Hispanic / Latino 13% Two or more races 6% Asian 2%
- Hispanic origin (detail)
- Mexican 2% Dominican 2%
- Common ancestry
- Lithuanian 9% Scottish 1%
- Foreign-born
- 8% · Canada, Vietnam
- Languages at home
- 86% English-only · Spanish 11% Vietnamese 2% French/Haitian/Cajun 1%
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
- ▼ -111.56%
- Current HPI
- 102.9992
- Rent YoY
- ▼ -0.80%
- 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
+251.4% since first listed39 events — show timeline
- 2026-05-10 Relisted — AcadianaMLS
- 2026-05-10 Relisted — GSREIN
- 2026-05-09 Listing Removed — GSREIN
- 2026-02-27 Listed $130,000 GSREIN
- 2026-02-27 Listed $130,000 AcadianaMLS
- 2025-10-30 Price Changed $130,000 AcadianaMLS
- 2025-10-30 Price Changed $130,000 GSREIN
- 2025-09-24 Price Changed $135,000 AcadianaMLS
- 2025-09-24 Price Changed $135,000 GSREIN
- 2025-08-15 Price Changed $130,000 AcadianaMLS
- 2025-08-15 Price Changed $130,000 GSREIN
- 2025-06-20 Price Changed $140,000 AcadianaMLS
- 2025-06-20 Price Changed $140,000 GSREIN
- 2025-04-09 Price Changed $145,000 AcadianaMLS
- 2025-04-09 Price Changed $145,000 GSREIN
- 2025-03-25 Price Changed $148,000 AcadianaMLS
- 2025-03-25 Price Changed $148,000 GSREIN
- 2025-03-10 Price Changed $150,000 AcadianaMLS
- 2025-03-06 Price Changed $150,000 GSREIN
- 2025-01-29 Price Changed $152,000 AcadianaMLS
- 2025-01-29 Price Changed $152,000 GSREIN
- 2025-01-04 Price Changed $160,000 GSREIN
- 2025-01-04 Listed $135,000 AcadianaMLS
- 2025-01-04 Listed $160,000 AcadianaMLS
- 2020-07-28 Sold (Public Records) $146,000 Public Records
- 2020-07-24 Sold (MLS) $146,000 GSREIN
- 2020-06-05 Pending — GSREIN
- 2020-06-02 Relisted — GSREIN
- 2020-05-27 Pending — GSREIN
- 2020-05-22 Listed $140,000 GSREIN
- 2020-05-22 Listed $140,000 AcadianaMLS
- 2017-11-17 Sold (MLS) $37,000 GSREIN
- 2017-10-31 Sold (Public Records) $49,986 Public Records
- 2017-10-08 Pending — GSREIN
- 2017-10-02 Relisted — GSREIN
- 2017-09-13 Pending — GSREIN
- 2017-09-07 Listed $37,000 GSREIN
- 2017-09-06 Listed $37,000 AcadianaMLS
- 1994-11-01 Sold (Public Records) — Public Records
Property tax history
+8.9%/yrLatest (2025): $1,607 · -0.2% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…