2618 N Rocheblave St · New Orleans, LA
Flood risk 8/10 · Major
- FEMA flood zone
- X (shaded)
- Chance of flooding over 30 yrs
- 0.77%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $1,269 – $2,357
Heat risk 10/10 · Severe
- Hot days now (above 108°F)
- 7 days/yr
- Hot days in 30 yrs
- 21 days/yr
Wind risk 10/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 4 days/yr
- Unhealthy air days in 30 yrs
- 4 days/yr
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 +30.0/30.0
- ARV discount +15.0/15.0
- DSCR +10.0/10.0
- 1% rule +8.8/10.0
- Livability +4.0/5.0
- Rent growth +3.1/5.0
- Condition / age +2.5/5.0
- Schools +1.6/10.0
- Appreciation +0.0/10.0
$115,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Cute and refreshed, this 3-bedroom, 2-bath home features a functional floor plan with a cozy living room and an eat-in kitchen. Recent upgrades include new appliances, new LVP flooring, fresh interior paint, updated kitchen cabinets and countertops, and a new water heater. A wonderful place to settle in and make it your own. To help visualize this home's floor plan and to highlight its potential, virtual furnishings may have been added to photos found in this listing. This is a Fannie Mae HomePath property.
Key facts
- Cozy living room
- New appliances
- Eat-in kitchen
Tags
Property features AI
Exterior
- Utilities: Public water; Public sewer
- Home design: Single-story home; Shingle roof
- Construction: Raised foundation
- Exterior features: City lot; Rectangular lot; Lot dimensions approximately 31 x 73
Interior
- Bedrooms: Bedrooms not specified
- Bathrooms: 2 full bathrooms
- Heating & cooling: Central heating; Central air conditioning
- Interior features: Six total rooms; Very good condition; Raised foundation
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath single-family listed at $115k.
Deal economics
- At list price, monthly cash flow is $379 ($5k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $115k).
- Recommended offer: $105k (9.0% below list) — sets the bar for market timing.
- Cap rate 10.9% 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 rising (+2.5%/yr); 581 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 710 units permitted in Orleans Parish in 2024 (244 in 5+ unit buildings).
- This rent runs 41% of the median local income ($46k/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 $795 of loan paydown is wiped out by about $3k 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.
- At projected returns (-3.0% appreciation + 2.5% rent growth), your $32k cash investment doubles in ~9 years — after that, you're playing with house money.
Negotiation context
- It's been on market 102 days — a 9% lower offer ($105k) is reasonable based on typical stale-listing flexibility.
- 8 sale attempts since 7y ago; this cycle's ask has dropped $65k (36%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $90k; 28% above their basis — modest negotiation headroom, anchor on the comps not their cost.
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.
Questions for the listing agent
- It's been on market 102 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
- Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
- 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.
- 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
- 1.38% ✓
- Cap rate
- 10.94%
- Cash-on-cash
- 16.59%
- DSCR
- 1.74
- GRM
- 6.1
CMA / ARV
- ARV (on-the-fly)
- $141,480
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 2618 N Rocheblave St | 0.00mi | 3/2.0 | 1,168 (+8%) | 1mo | $115,000 | $98 | 86 |
| 2215 Mandeville St | 0.25mi | 3/2.0 | 1,067 (-1%) | 3mo | $85,000 | $80 | 84 |
| 1601 Mandeville St | 0.59mi | 3/1.0 | 1,118 (+4%) | 2mo | $155,000 | $139 | 62 |
| 2623 N Villere | 0.71mi | 2/1.0 (-1) | 1,078 (-0%) | 6mo | $95,000 | $88 | 52 |
| 1901 Montegut St | 0.63mi | 3/1.0 | 1,054 (-2%) | 14mo | $135,000 | $128 | 51 |
| 1329 Music St | 0.71mi | 2/1.0 (-1) | 1,100 (+2%) | 14mo | $70,000 | $64 | 43 |
| 3137 N Miro St | 0.74mi | 2/1.5 (-1) | 1,034 (-4%) | 11mo | $42,500 | $41 | 42 |
| 1431 Port St | 0.69mi | 3/2.0 | 1,194 (+11%) | 11mo | $210,000 | $176 | 41 |
| 2663 Touro St | 0.58mi | 3/2.0 | 1,230 (+14%) | 13mo | $189,900 | $154 | 39 |
| 2605 Pauger St | 0.67mi | 3/2.0 | 1,215 (+12%) | 13mo | $170,000 | $140 | 38 |
| 2037 Saint Anthony St | 0.69mi | 2/1.0 (-1) | 960 (-11%) | 4mo | $126,000 | $131 | 37 |
| 1316 Music St | 0.73mi | 3/2.0 | 1,213 (+12%) | 14mo | $360,000 | $297 | 34 |
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 · 2.49% rent growth · sell at horizon
- IRR
- 3.8%
- Equity multiple
- 1.15×
- Total profit
- $4,755
- Equity at exit
- $17,147
- IRR
- 12.9%
- Equity multiple
- 2.00×
- Total profit
- $32,214
- Equity at exit
- $9,943
Cash invested: $32,200 (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 70117
- Rents YoY
- 2.5%
- Active inventory
- 581
- Price-to-rent
- 6.1×
Monthly cashflow live
- Estimated rent
- $1,582 high interval (Pro) →
- Mortgage (P&I)
- −$603
- Tax from tax record
- −$154 /mo · $1,846/yr
- Insurance
- −$48
- Flood insurance flood zone
- −$66 /mo · $798/yr
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$332
- Net cashflow
- $379
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
- $28,750
- Closing costs
- $3,450
- 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 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 2423 Saint Roch Ave New Orleans, LA | 2.0 | 1.0 | 925 | $1,350 | $1.46 | 23d | 1 | 0.07mi |
| 2649 N Rocheblave St New Orleans, LA | 2.0 | 2.0 | 806 | $1,200 | $1.49 | 23d | 1 | 0.08mi |
| 2406 Saint Roch Ave New Orleans, LA | 2.0 | 1.0 | 1000 | $1,600 | $1.60 | 17d | 1 | 0.09mi |
| 2551 N Tonti St New Orleans, LA | 2.0 | 2.0 | 800 | $1,450 | $1.81 | 23d | 1 | 0.10mi |
| 2229 Saint Roch Ave New Orleans, LA | 2.0 | 1.5 | 1200 | $1,600 | $1.33 | 20d | 1 | 0.10mi |
| 2556 N Tonti St New Orleans, LA | 3.0 | 2.0 | 1100 | $1,850 | $1.68 | 16d | 1 | 0.12mi |
| 2222 Saint Roch Ave New Orleans, LA | 3.0 | 1.0 | 900 | $1,200 | $1.33 | 23d | 1 | 0.13mi |
| 2238 Painters St New Orleans, LA | 2.0 | 1.0 | 896 | $1,300 | $1.45 | 23d | 1 | 0.14mi |
| 2134 Saint Roch Ave New Orleans, LA | 2.0 | 2.0 | 850 | $1,500 | $1.76 | 17d | 1 | 0.17mi |
| 2120 Saint Roch Ave Unit 2120 New Orleans, LA | 2.0 | 1.0 | 1000 | $1,650 | $1.65 | 23d | 1 | 0.19mi |
| 2129 Spain St New Orleans, LA | 2.0 | 1.0 | 861 | $1,500 | $1.74 | 23d | 1 | 0.20mi |
| 2515 N Galvez St Unit 2515 New Orleans, LA | 4.0 | 2.0 | 1200 | $1,900 | $1.58 | 23d | 1 | 0.21mi |
| 2515 N Galvez St New Orleans, LA | 4.0 | 2.0 | 1200 | $1,200 | $1.00 | 10d | 1 | 0.21mi |
| 2522 N Galvez St New Orleans, LA | 3.0 | 2.0 | 1105 | $1,675 | $1.52 | 23d | 1 | 0.24mi |
| 2524 N Galvez St New Orleans, LA | 3.0 | 2.5 | 1102 | $1,800 | $1.63 | 17d | 1 | 0.24mi |
| 2115 Mandeville St New Orleans, LA | 3.0 | 2.0 | 1400 | $1,650 | $1.18 | 23d | 1 | 0.26mi |
| 2241 Eads St New Orleans, LA | 2.0 | 1.0 | 867 | $1,500 | $1.73 | 23d | 1 | 0.29mi |
| 2024 Mandeville St New Orleans, LA | 2.0 | 2.0 | 1072 | $1,950 | $1.82 | 23d | 1 | 0.32mi |
| 2325 Florida Ave New Orleans, LA | 2.0 | 1.0 | 796 | $1,025 | $1.29 | 3d | 1 | 0.33mi |
| 1922 Painters St New Orleans, LA | 3.0 | 1.0 | 920 | $1,700 | $1.85 | 3d | 1 | 0.34mi |
| 1924 Painters St New Orleans, LA | 3.0 | 1.0 | 920 | $1,700 | $1.85 | 3d | 1 | 0.35mi |
| 2219 Almonaster Ave Unit A New Orleans, LA | 2.0 | 1.0 | 950 | $1,500 | $1.58 | 23d | 1 | 0.36mi |
| 2115 Elysian Fields Ave Unit 2115 New Orleans, LA | 3.0 | 1.0 | 1100 | $1,450 | $1.32 | 23d | 1 | 0.38mi |
| 2003 Almonaster Ave New Orleans, LA | 3.0 | 2.0 | 988 | $1,600 | $1.62 | 23d | 1 | 0.39mi |
| 2512 Elysian Fields Ave Unit C New Orleans, LA | 2.0 | 1.0 | 800 | $1,300 | $1.62 | 3d | 1 | 0.39mi |
| 2512 Elysian Fields Ave Unit 1 New Orleans, LA | 2.0 | 1.0 | 879 | $1,400 | $1.59 | 17d | 1 | 0.39mi |
| 2512 Elysian Fields Ave Unit C New Orleans, LA | 2.0 | 1.0 | 800 | $1,300 | $1.62 | 3d | 1 | 0.39mi |
| 1809 Saint Roch Ave New Orleans, LA | 3.0 | 1.0 | 949 | $1,195 | $1.26 | 17d | 1 | 0.40mi |
| 2269 N Prieur St New Orleans, LA | 2.0 | 1.0 | 756 | $1,250 | $1.65 | 23d | 1 | 0.40mi |
| 2812 Spain St New Orleans, LA | 2.0 | 1.0 | 870 | $1,275 | $1.47 | 2d | 1 | 0.41mi |
| 2516 N Roman St Unit 2518 New Orleans, LA | 2.0 | 1.0 | 800 | $1,500 | $1.88 | 3d | 1 | 0.44mi |
| 2010 Saint Ferdinand St New Orleans, LA | 2.0 | 1.0 | 909 | $1,650 | $1.82 | 23d | 1 | 0.47mi |
| 2220 N Prieur St New Orleans, LA | 3.0 | 2.0 | 1334 | $2,000 | $1.50 | 23d | 1 | 0.47mi |
| 2519 N Derbigny St New Orleans, LA | 3.0 | 1.0 | 994 | $1,300 | $1.31 | 21d | 1 | 0.48mi |
| 1726 Mandeville St New Orleans, LA | 2.0 | 1.0 | 920 | $1,300 | $1.41 | 23d | 1 | 0.49mi |
| 1638 Music St New Orleans, LA | 2.0 | 1.0 | 900 | $1,085 | $1.21 | 14d | 1 | 0.50mi |
| 1910 Elysian Fields Ave New Orleans, LA | 3.0 | 1.0 | 1000 | $1,450 | $1.45 | 23d | 1 | 0.50mi |
| 1636 Music St New Orleans, LA | 3.0 | 1.0 | 900 | $1,185 | $1.32 | 16d | 1 | 0.50mi |
| 2269 N Derbigny St New Orleans, LA | 2.0 | 2.0 | 1000 | $1,665 | $1.67 | 17d | 1 | 0.52mi |
| 2269 N Derbigny St New Orleans, LA | 2.0 | 2.0 | 1000 | $1,675 | $1.68 | 19d | 1 | 0.52mi |
Listing history 33 events
-
2026-04-29status Pending 512-char remark
Show marketing remark (512 chars)
Cute and refreshed, this 3-bedroom, 2-bath home features a functional floor plan with a cozy living room and an eat-in kitchen. Recent upgrades include new appliances, new LVP flooring, fresh interior paint, updated kitchen cabinets and countertops, and a new water heater. A wonderful place to settle in and make it your own. To help visualize this home's floor plan and to highlight its potential, virtual furnishings may have been added to photos found in this listing. This is a Fannie Mae HomePath property.
-
2026-04-29status Pending
Show marketing remark (512 chars)
Cute and refreshed, this 3-bedroom, 2-bath home features a functional floor plan with a cozy living room and an eat-in kitchen. Recent upgrades include new appliances, new LVP flooring, fresh interior paint, updated kitchen cabinets and countertops, and a new water heater. A wonderful place to settle in and make it your own. To help visualize this home's floor plan and to highlight its potential, virtual furnishings may have been added to photos found in this listing. This is a Fannie Mae HomePath property.
-
2026-04-29price $115,000 512-char remark
Show marketing remark (512 chars)
Cute and refreshed, this 3-bedroom, 2-bath home features a functional floor plan with a cozy living room and an eat-in kitchen. Recent upgrades include new appliances, new LVP flooring, fresh interior paint, updated kitchen cabinets and countertops, and a new water heater. A wonderful place to settle in and make it your own. To help visualize this home's floor plan and to highlight its potential, virtual furnishings may have been added to photos found in this listing. This is a Fannie Mae HomePath property.
-
2026-04-28price $115,000
-
2026-04-27price $120,000 512-char remark
Show marketing remark (512 chars)
Cute and refreshed, this 3-bedroom, 2-bath home features a functional floor plan with a cozy living room and an eat-in kitchen. Recent upgrades include new appliances, new LVP flooring, fresh interior paint, updated kitchen cabinets and countertops, and a new water heater. A wonderful place to settle in and make it your own. To help visualize this home's floor plan and to highlight its potential, virtual furnishings may have been added to photos found in this listing. This is a Fannie Mae HomePath property.
-
2026-04-27price $120,000
Show marketing remark (512 chars)
Cute and refreshed, this 3-bedroom, 2-bath home features a functional floor plan with a cozy living room and an eat-in kitchen. Recent upgrades include new appliances, new LVP flooring, fresh interior paint, updated kitchen cabinets and countertops, and a new water heater. A wonderful place to settle in and make it your own. To help visualize this home's floor plan and to highlight its potential, virtual furnishings may have been added to photos found in this listing. This is a Fannie Mae HomePath property.
-
2026-04-08price $140,000 512-char remark
Show marketing remark (512 chars)
Cute and refreshed, this 3-bedroom, 2-bath home features a functional floor plan with a cozy living room and an eat-in kitchen. Recent upgrades include new appliances, new LVP flooring, fresh interior paint, updated kitchen cabinets and countertops, and a new water heater. A wonderful place to settle in and make it your own. To help visualize this home's floor plan and to highlight its potential, virtual furnishings may have been added to photos found in this listing. This is a Fannie Mae HomePath property.
-
2026-04-08price $140,000
Show marketing remark (512 chars)
Cute and refreshed, this 3-bedroom, 2-bath home features a functional floor plan with a cozy living room and an eat-in kitchen. Recent upgrades include new appliances, new LVP flooring, fresh interior paint, updated kitchen cabinets and countertops, and a new water heater. A wonderful place to settle in and make it your own. To help visualize this home's floor plan and to highlight its potential, virtual furnishings may have been added to photos found in this listing. This is a Fannie Mae HomePath property.
-
2026-03-12price $145,000 512-char remark
Show marketing remark (512 chars)
Cute and refreshed, this 3-bedroom, 2-bath home features a functional floor plan with a cozy living room and an eat-in kitchen. Recent upgrades include new appliances, new LVP flooring, fresh interior paint, updated kitchen cabinets and countertops, and a new water heater. A wonderful place to settle in and make it your own. To help visualize this home's floor plan and to highlight its potential, virtual furnishings may have been added to photos found in this listing. This is a Fannie Mae HomePath property.
-
2026-03-12price $145,000
Show marketing remark (512 chars)
Cute and refreshed, this 3-bedroom, 2-bath home features a functional floor plan with a cozy living room and an eat-in kitchen. Recent upgrades include new appliances, new LVP flooring, fresh interior paint, updated kitchen cabinets and countertops, and a new water heater. A wonderful place to settle in and make it your own. To help visualize this home's floor plan and to highlight its potential, virtual furnishings may have been added to photos found in this listing. This is a Fannie Mae HomePath property.
-
2026-03-03price $160,000 512-char remark
Show marketing remark (512 chars)
Cute and refreshed, this 3-bedroom, 2-bath home features a functional floor plan with a cozy living room and an eat-in kitchen. Recent upgrades include new appliances, new LVP flooring, fresh interior paint, updated kitchen cabinets and countertops, and a new water heater. A wonderful place to settle in and make it your own. To help visualize this home's floor plan and to highlight its potential, virtual furnishings may have been added to photos found in this listing. This is a Fannie Mae HomePath property.
-
2026-03-03price $160,000
Show marketing remark (512 chars)
Cute and refreshed, this 3-bedroom, 2-bath home features a functional floor plan with a cozy living room and an eat-in kitchen. Recent upgrades include new appliances, new LVP flooring, fresh interior paint, updated kitchen cabinets and countertops, and a new water heater. A wonderful place to settle in and make it your own. To help visualize this home's floor plan and to highlight its potential, virtual furnishings may have been added to photos found in this listing. This is a Fannie Mae HomePath property.
-
2026-02-05price $165,000 512-char remark
Show marketing remark (512 chars)
Cute and refreshed, this 3-bedroom, 2-bath home features a functional floor plan with a cozy living room and an eat-in kitchen. Recent upgrades include new appliances, new LVP flooring, fresh interior paint, updated kitchen cabinets and countertops, and a new water heater. A wonderful place to settle in and make it your own. To help visualize this home's floor plan and to highlight its potential, virtual furnishings may have been added to photos found in this listing. This is a Fannie Mae HomePath property.
-
2026-02-05price $165,000
Show marketing remark (512 chars)
Cute and refreshed, this 3-bedroom, 2-bath home features a functional floor plan with a cozy living room and an eat-in kitchen. Recent upgrades include new appliances, new LVP flooring, fresh interior paint, updated kitchen cabinets and countertops, and a new water heater. A wonderful place to settle in and make it your own. To help visualize this home's floor plan and to highlight its potential, virtual furnishings may have been added to photos found in this listing. This is a Fannie Mae HomePath property.
-
2026-01-14$180,000 Active 512-char remark
Show marketing remark (512 chars)
Cute and refreshed, this 3-bedroom, 2-bath home features a functional floor plan with a cozy living room and an eat-in kitchen. Recent upgrades include new appliances, new LVP flooring, fresh interior paint, updated kitchen cabinets and countertops, and a new water heater. A wonderful place to settle in and make it your own. To help visualize this home's floor plan and to highlight its potential, virtual furnishings may have been added to photos found in this listing. This is a Fannie Mae HomePath property.
-
2026-01-14$180,000 Active
Show marketing remark (512 chars)
Cute and refreshed, this 3-bedroom, 2-bath home features a functional floor plan with a cozy living room and an eat-in kitchen. Recent upgrades include new appliances, new LVP flooring, fresh interior paint, updated kitchen cabinets and countertops, and a new water heater. A wonderful place to settle in and make it your own. To help visualize this home's floor plan and to highlight its potential, virtual furnishings may have been added to photos found in this listing. This is a Fannie Mae HomePath property.
-
2024-06-17price $160,000
-
2024-05-02price $165,000
-
2024-04-02price $170,000
-
2024-03-25price $175,000
-
2024-03-05$160,000
-
2022-10-07$199,000
-
2022-10-06price $199,000
-
2022-09-28$199,000
-
2019-09-09status Pending
-
2019-08-21soldstatus $90,000
-
2019-08-20soldstatus $90,000 Closed
-
2019-06-24status Active
-
2019-06-06status Pending
-
2019-05-09$125,000 Active
-
2019-05-09$125,000
-
2008-03-04soldstatus $30,000
-
1970-07-27soldstatus $17,800
ⓘ 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
- $1,846 · $154/mo
- Projected year-2 tax
- $1,846 · $154/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 FEMA zone X (shaded) · 77% 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 4/10 Moderate 4 unhealthy d/yr today · 4 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
- $18,989
- − Mortgage interest
- −$6,442
- − Property taxes
- −$1,846
- − Insurance
- −$1,372
- − Repairs & maintenance
- −$1,519
- − Management
- −$1,519
- − Depreciation
- −$3,345
- Taxable income
- $2,945
- Est. tax owed @ 24.0%
- −$707
- After-tax cash flow
- $3,839/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
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)
- 25,652
- Household income
- $45,764
- Rent vs Own
- Severe rent burden
- 1988.0
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
- Majority Black (60%)
- Race & ethnicity
- Black 60% White 30% Two or more races 6% Hispanic / Latino 5%
- Common ancestry
- Lithuanian 5% Italian 1% Romanian 1%
- Foreign-born
- 5% · Canada, South Korea
- Languages at home
- 93% English-only · Spanish 3% Other Indo-European 1% French/Haitian/Cajun 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
- ▼ -177.22%
- Current HPI
- 184.6061
- Rent YoY
- ▲ 2.49%
- 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
+546.1% since first listed33 events — show timeline
- 2026-04-29 Pending — AcadianaMLS
- 2026-04-29 Pending — GSREIN
- 2026-04-29 Price Changed $115,000 AcadianaMLS
- 2026-04-28 Price Changed $115,000 GSREIN
- 2026-04-27 Price Changed $120,000 AcadianaMLS
- 2026-04-27 Price Changed $120,000 GSREIN
- 2026-04-08 Price Changed $140,000 AcadianaMLS
- 2026-04-08 Price Changed $140,000 GSREIN
- 2026-03-12 Price Changed $145,000 AcadianaMLS
- 2026-03-12 Price Changed $145,000 GSREIN
- 2026-03-03 Price Changed $160,000 AcadianaMLS
- 2026-03-03 Price Changed $160,000 GSREIN
- 2026-02-05 Price Changed $165,000 AcadianaMLS
- 2026-02-05 Price Changed $165,000 GSREIN
- 2026-01-14 Listed $180,000 GSREIN
- 2026-01-14 Listed $180,000 AcadianaMLS
- 2024-06-17 Price Changed $160,000 GSREIN
- 2024-05-02 Price Changed $165,000 GSREIN
- 2024-04-02 Price Changed $170,000 GSREIN
- 2024-03-25 Price Changed $175,000 GSREIN
- 2024-03-05 Listed $160,000 AcadianaMLS
- 2022-10-07 Listed $199,000 AcadianaMLS
- 2022-10-06 Price Changed $199,000 GSREIN
- 2022-09-28 Listed $199,000 AcadianaMLS
- 2019-09-09 Pending — GSREIN
- 2019-08-21 Sold (Public Records) $90,000 Public Records
- 2019-08-20 Sold (MLS) $90,000 GSREIN
- 2019-06-24 Relisted — GSREIN
- 2019-06-06 Pending — GSREIN
- 2019-05-09 Listed $125,000 AcadianaMLS
- 2019-05-09 Listed $125,000 GSREIN
- 2008-03-04 Sold (Public Records) $30,000 Public Records
- 1970-07-27 Sold (Public Records) $17,800 Public Records
Property tax history
+6.7%/yrLatest (2026): $1,846 · -0.4% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…