4137 W Loyola Dr · Kenner, LA 70065

$195,000

3 bd · 2.0 ba · 1,261 sqft · SingleFamily · 17 Days on market

Built 1973 5,749 sqft lot Est $217k · 10% under

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Why this score? — see what drove the C 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 +22.7/30.0
• ARV discount +12.0/15.0
• DSCR +7.3/10.0
• 1% rule +4.9/10.0
• Livability +3.9/5.0
• Schools +2.5/10.0
• Condition / age +2.5/5.0
• Rent growth +1.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

With a little TLC this home would make a wonderful starter or a great investment. Kitchen updated with granite counter tops, ceramic tile and much more. This home is priced to sell. Call today for an appointment! This one won't last long at this price!

Key facts

• Off street parking
• Spacious backyard
• Attached garage

Tags

• OFF STREET PARKING
• ATTACHED GARAGE
• REAR PATIO
• SPACIOUS BACKYARD
• STORAGE SHED

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $195k.

Deal economics

• At list price, monthly cash flow is $336 ($4k/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 $192k (1.5% below list).
• Recommended offer: $192k (1.5% below list) — sets the bar for market timing.
• Cap rate 8.4% vs local median 5.3% in Kenner — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 78/100 on livability (#6 in LA, #2,414 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities C-, employment C-, crime D.
• Jefferson Parish (suburban): math 24% / reading 34% proficiency, ranked #44 of 98 in LA (top 45%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 70% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents falling (-4.2%/yr); 292 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); 518 units permitted in Jefferson Parish in 2024 (43 in 5+ unit buildings).
• This rent runs 34% of the median local income ($67k/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 $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 17 days — a 2% lower offer ($192k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 13y 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 $79k; list at $195k implies a 147% gain — meaningful room to come down on a strong offer.

Recommended offer $192,075 (1.5% below list)

Questions for the listing agent

1. Built in 1973 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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.
5. 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.
6. 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: 0.99% ✗
• Cap rate: 8.36%
• Cash-on-cash: 7.38%
• DSCR: 1.33
• GRM: 8.5

CMA / ARV

• ARV (on-the-fly): $216,892
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4109 Tulane Dr	0.13mi	3/2.0	1,215 (-4%)	2mo	$210,000	$173	87
4212 W Loyola Dr	0.16mi	3/2.0	1,347 (+7%)	8mo	$215,000	$160	75
4037 W Louisiana State Dr	0.21mi	3/2.0	1,393 (+10%)	1mo	$240,000	$172	72
4133 E Loyola Dr	0.50mi	3/2.0	1,262 (+0%)	10mo	$218,000	$173	68
3860 Tulane Dr	0.36mi	3/1.5	1,192 (-6%)	7mo	$175,000	$147	66
4245 E Loyola Dr	0.59mi	3/2.0	1,300 (+3%)	2mo	$239,000	$184	66
4104 E Louisiana State Dr	0.59mi	3/2.0	1,208 (-4%)	3mo	$205,000	$170	63
4164 Ole Miss Dr	0.64mi	3/1.5	1,253 (-1%)	8mo	$151,250	$121	61
4041 E Louisiana State Dr	0.59mi	3/2.0	1,350 (+7%)	0mo	$250,000	$185	60
3717 Tulane Dr	0.67mi	3/2.0	1,212 (-4%)	7mo	$208,000	$172	56
3713 W Loyola Dr	0.67mi	4/2.0 (+1)	1,315 (+4%)	6mo	$193,500	$147	52
3665 W Louisiana State Dr	0.75mi	3/2.0	1,379 (+9%)	10mo	$195,000	$141	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: -8.1%
• Equity multiple: 0.71×
• Total profit: $-15,915
• Equity at exit: $29,075

10-year hold

• IRR: -2.6%
• Equity multiple: 0.85×
• Total profit: $-8,376
• Equity at exit: $16,860

Cash invested: $54,600 (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 70065

• Rents YoY: -4.2%
• Active inventory: 292
• Price-to-rent: 8.5×

Monthly cashflow live

• Estimated rent: $1,921 high
• Mortgage (P&I): −$1,023
• Tax from tax record: −$78 /mo · $939/yr
• Insurance: −$81
• HOA: −$0
• Vacancy / Maint / Mgmt: −$403
• Net cashflow: $336

Break-even live

Break-even rent $1,496

Max offer price $195,000

Occupancy floor 78%

Sensitivity live

Price	-10% $446	-5% $391	+0% $336	+5% $281	+10% $225
Rent	-10% $184	-5% $260	+0% $336	+5% $412	+10% $488
Rate	-1.0pp $434	-0.5pp $385	base $336	+0.5pp $285	+1.0pp $234

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: $48,750
• Closing costs: $5,850
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3816 W Louisiana State Dr Kenner, LA	3.0	2.0	1400	$1,800	$1.29	12d	1	0.43mi
3808 Tulane Dr Kenner, LA	3.0	2.0	1220	$2,000	$1.64	44d	1	0.45mi
3800 Grandlake Blvd Kenner, LA	1.0–2.0	1.0–2.0	950	$1,535	$1.62	5d	1	0.50mi
505 Vassar Ct Kenner, LA	3.0	2.0	1300	$1,800	$1.38	44d	1	0.61mi
3872 E Loyola Dr Kenner, LA	3.0	2.0	1170	$1,575	$1.35	21d	1	0.64mi
4321 Loire Dr Unit D Kenner, LA	3.0	2.0	1250	$1,500	$1.20	15d	1	0.73mi
4329 Loire Dr Apt D Kenner, LA	3.0	2.0	1300	$1,500	$1.15	5d	1	0.73mi
3655 Loyola Dr Unit F460 Kenner, LA	2.0	2.0	1330	$2,280	$1.71	2d	1	0.76mi
3700 Loyola Dr Unit 377 Kenner, LA	2.0	2.0	1110	$1,495	$1.35	44d	1	0.77mi
3655 W Loyola Dr Kenner, LA	1.0–2.0	1.0–2.0	1169	$2,345	$2.01	2d	35	0.77mi
604 Vintage Dr Unit C Kenner, LA	2.0	2.5	1200	$1,350	$1.12	44d	1	0.81mi
3655 Loyola Dr Unit C223 Kenner, LA	2.0	2.0	1330	$2,295	$1.73	2d	1	0.82mi
3655 Loyola Dr Unit C224 Kenner, LA	2.0	2.0	1367	$2,305	$1.69	2d	1	0.82mi
3655 Loyola Dr Unit C229 Kenner, LA	2.0	2.0	1349	$2,335	$1.73	44d	1	0.82mi
3655 Loyola Dr Unit C329 Kenner, LA	2.0	2.0	1349	$2,320	$1.72	44d	1	0.82mi
3655 Loyola Dr Apt F261 Kenner, LA	2.0	2.0	1330	$2,425	$1.82	15d	1	0.82mi
3655 Loyola Dr Unit F158 Kenner, LA	2.0	2.0	1367	$2,445	$1.79	15d	1	0.82mi
3655 Loyola Dr Unit D236 Kenner, LA	2.0	2.0	1367	$2,320	$1.70	2d	1	0.82mi
3655 Loyola Dr Unit F361 Kenner, LA	2.0	2.0	1330	$2,395	$1.80	24d	1	0.82mi
3600 Loyola Dr Unit 353 Kenner, LA	2.0	2.0	1100	$1,445	$1.31	44d	1	0.83mi
3600 W Loyola Dr Unit 159 Kenner, LA	2.0	2.0	1052	$1,520	$1.44	44d	1	0.87mi
3600 W Loyola Dr Unit 298 Kenner, LA	2.0	2.0	1586	$1,750	$1.10	22d	1	0.87mi
3600 W Loyola Dr Unit 271 Kenner, LA	2.0	2.0	1586	$1,855	$1.17	2d	1	0.87mi
3600 W Loyola Dr Unit 270 Kenner, LA	2.0	2.0	1570	$1,860	$1.18	2d	1	0.87mi
3600 W Loyola Dr Unit 182 Kenner, LA	2.0	2.0	1052	$1,515	$1.44	44d	1	0.87mi
708 Vouray Dr Unit A Kenner, LA	2.0	1.5	1200	$1,200	$1.00	15d	1	0.88mi
3608 E Louisiana State Dr Kenner, LA	3.0	2.0	1800	$2,275	$1.26	2d	1	1.03mi
901 Sunset Blvd Kenner, LA	2.0	2.5	1219	$1,800	$1.48	5d	1	1.05mi
909 Vouray Dr Unit c Kenner, LA	2.0	1.5	1200	$1,200	$1.00	44d	1	1.07mi
913 Vouray Dr Unit C Kenner, LA	2.0	1.5	1200	$1,200	$1.00	44d	1	1.08mi
800 Joe Yenni Blvd Kenner, LA	2.0	1.0–2.0	780	$1,400	$1.79	44d	1	1.08mi
4213 Paradis Ln Kenner, LA	3.0	2.5	1510	$2,000	$1.32	5d	1	1.13mi
4213 Arbor Ct Unit A Kenner, LA	2.0	1.5	1027	$1,320	$1.29	44d	1	1.13mi
4206 Paradis Ln Kenner, LA	3.0	2.5	1350	$1,950	$1.44	24d	1	1.14mi
1012 St Julien Dr Apt F4 Kenner, LA	2.0	2.5	1271	$1,400	$1.10	21d	1	1.16mi
4212 Arbor Ct Unit D Kenner, LA	2.0	1.5	1079	$1,320	$1.22	44d	1	1.17mi
121 W Esplanade Ave Kenner, LA	1.0–2.0	1.0–2.0	950	$1,600	$1.68	2d	1	1.18mi
1014 Saint Julien Dr Unit c2 Kenner, LA	3.0	2.5	1450	$1,850	$1.28	4d	1	1.21mi
4204 Asher Ct Apt D Kenner, LA	2.0	1.5	1250	$1,250	$1.00	15d	1	1.22mi
4129 Chateau Blvd Unit C Kenner, LA	2.0	1.5	1400	$1,425	$1.02	5d	1	1.23mi

Listing history 21 events

1. 2026-06-18
   days on market $195,000 Active 17 DOM
2. 2026-06-17
   days on market $195,000 Active 16 DOM
3. 2026-06-16
   days on market $195,000 Active 15 DOM
4. 2026-06-15
   days on market $195,000 Active 14 DOM
5. 2026-06-13
   days on market $195,000 Active 12 DOM
6. 2026-06-10
   days on market $195,000 Active 9 DOM
7. 2026-06-09
   days on market $195,000 Active 8 DOM
8. 2026-06-08
   days on market $195,000 Active 7 DOM
9. 2026-06-07
   days on market $195,000 Active 6 DOM
10. 2026-06-03
    days on market $195,000 Active 2 DOM
11. 2026-06-02
    remarks 608-char remark
12. 2026-06-02
    days on marketlisting id $195,000 Active 1 DOM
13. 2026-06-01
    days on market $195,000 Active 10 DOM
14. 2026-05-31
    days on market $195,000 Active 9 DOM
15. 2026-05-22
    listed $195,000 Active
16. 2026-05-20
    historical $195,000
17. 2013-09-11
    soldstatus $79,000
18. 2013-08-28
    soldstatus $79,000 254-char remark

    Show marketing remark (254 chars)

    With a little TLC this home would make a wonderful starter or a great investment. Kitchen updated with granite counter tops, ceramic tile and much more. This home is priced to sell. Call today for an appointment! This one won't last long at this price!

19. 2013-04-14
    listed $79,900 254-char remark

    Show marketing remark (254 chars)

    With a little TLC this home would make a wonderful starter or a great investment. Kitchen updated with granite counter tops, ceramic tile and much more. This home is priced to sell. Call today for an appointment! This one won't last long at this price!

20. 2013-04-14
    listed $79,900

    Show marketing remark (254 chars)

    With a little TLC this home would make a wonderful starter or a great investment. Kitchen updated with granite counter tops, ceramic tile and much more. This home is priced to sell. Call today for an appointment! This one won't last long at this price!

21. 1990-06-01
    soldstatus $49,900

ⓘ 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: $939 · $78/mo
• Projected year-2 tax: $1,072 · $89/mo
• Expected delta: +$133/yr (+$11/mo · 14.2%)

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

Taxation est. · year 1

• Rental income: $23,057
• − Mortgage interest: −$10,923
• − Property taxes: −$939
• − Insurance: −$975
• − Repairs & maintenance: −$1,845
• − Management: −$1,845
• − Depreciation: −$5,673
• Taxable income: $858
• Est. tax owed @ 24.0%: −$206
• After-tax cash flow: $3,824/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Jefferson Parish
• NCES district ID: 2200840
• Math proficiency: 24% ▼ -36.00%
• Reading proficiency: 34% ▼ -30.00%
• Median HH income: $48,421
• Composite: 25.19/100
• National rank: #7511
• State rank: #44 of 98 in LA

Livability — Kenner

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

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Kenner, LA
• County: Jefferson Parish · 426,999 people
• City population: 66,707
• Metro: New Orleans-Metairie, LA
• Population (ZIP): 48,936
• Household income: $67,285
• Rent vs Own: 34.0% rent · 66.0% own
• Severe rent burden: 1906.0

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 0.69)
• Race & ethnicity: White 47% Hispanic / Latino 27% Two or more races 15% Black 15% Asian 6%
• Hispanic origin (detail): Mexican 2% Puerto Rican 3% Cuban 2%
• Common ancestry: Lithuanian 9% Slovak 1% Italian 1%
• Foreign-born: 19% · Canada, China, Vietnam
• Languages at home: 72% English-only · Spanish 21% Other Indo-European 3% Arabic 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: ▼ -214.79%
• Current HPI: 139.5115
• Rent YoY: ▼ -4.19%
• 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

+290.8% since first listed

7 events — show timeline

• 2026-05-22 Listed $195,000 AcadianaMLS
• 2026-05-20 Coming Soon $195,000 AcadianaMLS
• 2013-09-11 Sold (Public Records) $79,000 Public Records
• 2013-08-28 Sold (MLS) $79,000 GSREIN
• 2013-04-14 Listed $79,900 AcadianaMLS
• 2013-04-14 Listed $79,900 GSREIN
• 1990-06-01 Sold (Public Records) $49,900 Public Records

Property tax history

+3.2%/yr

Latest (2025): $939 · -0.4% YoY. Source: county tax records.