53 Antigua Dr Unit D · Kenner, LA 70065

$124,500

2 bd · 1.5 ba · 1,325 sqft · Condo · 3 Days on market

Built 1982 Good condition $94/sqft · 15% above area Est $109k · 15% over $325/mo HOA · 20% of rent

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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 +16.6/30.0
• 1% rule +7.8/10.0
• DSCR +5.1/10.0
• Condition / age +4.0/5.0
• Livability +3.9/5.0
• Schools +2.5/10.0
• Rent growth +1.5/5.0
• ARV discount +0.9/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Move-In Ready 2-Bedroom Condo in Driftwood! Welcome to 53 Antigua Dr., Unit D--a beautifully refreshed, turnkey home ready for its next owner. This updated 2-bedroom condo features brand-new waterproof flooring in the living areas, freshly painted interiors in neutral tones, and polished kitchen cabinets that give the home a clean, modern feel. Enjoy year-round comfort with a new HVAC system installed in 2023. The functional floor plan offers comfortable living spaces with stylish updates already completed, so you can move right in without the hassle or expense of renovations. One of the best features of this property is the affordable condo fee of just $325 per month, which covers: Water Flood insurance Roof maintenance and replacement Lawn and grass cutting Trash pickup Exterior maintenance Fence maintenance With so much included, you'll have very little to worry about beyond maintaining the interior of your condo, making homeownership simple and stress-free. owner/agent

Key facts

• Waterproof flooring
• Move in ready
• New hvac system

Tags

• MOVE IN READY
• NEW HVAC SYSTEM
• WATERPROOF FLOORING
• POLISHED KITCHEN CABINETS

Property features AI

Finance

• Financial info: Multi-unit building with 32 total units; Pets allowed: cats and dogs
• HOA & community: Association fee of $325; HOA covers common areas and water; Common grounds/area

Exterior

• Parking: Driveway; Parking available
• Utilities: Public water; Public sewer
• Home design: Brick construction; 2 stories; Shingle roof; Built on slab foundation; Property condition: Excellent
• Construction: Brick exterior; Shingle roof; Slab foundation
• Exterior features: Fenced yard; City lot; Rectangular lot; Condo lot type

Interior

• Kitchen: Refrigerator
• Bedrooms: Total rooms: 5
• Bathrooms: 1 full bathroom; 1 half bathroom
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Ceiling fan(s)
• Laundry & utility: Washer hookup; Dryer hookup; Washer; Dryer

What this means for you Summary

Snapshot

• This is a 2-bed/1.5-bath condo listed at $124k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $75 ($899/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $124k).
• Cap rate 7.0% 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 25d on market — plan ~3-4 weeks tenant-placement turnaround); 42% of comp listings sitting > 30 days — soft ceiling on asking rent; 518 units permitted in Jefferson Parish in 2024 (43 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $861 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.

Negotiation context

• Only 3 days on market — expect competitive offers; lowballing is unlikely to land.
• 14 sale attempts since 31y 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 $94k; 32% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: HOA is 20% of rent.

Recommended offer $124,500

Questions for the listing agent

1. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
2. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
6. 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.
7. 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.
8. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.28% ✓
• Cap rate: 7.02%
• Cash-on-cash: 2.58%
• DSCR: 1.11
• GRM: 6.5

CMA / ARV

• ARV (median comp): $108,547
• List price: $124,500
• Delta: 15.16%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -16.7%
• Equity multiple: 0.43×
• Total profit: $-19,854
• Equity at exit: $18,563

10-year hold

• IRR: -18.4%
• Equity multiple: 0.19×
• Total profit: $-28,303
• Equity at exit: $10,764

Cash invested: $34,860 (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: 6.5×

Monthly cashflow live

• Estimated rent: $1,595 high
• Mortgage (P&I): −$653
• Tax est. 1.5%: −$156 /mo · $1,868/yr
• Insurance: −$52
• HOA: −$325
• Vacancy / Maint / Mgmt: −$335
• Net cashflow: $75

Break-even live

Break-even rent $1,500

Max offer price $124,500

Occupancy floor 90%

Sensitivity live

Price	-10% $161	-5% $118	+0% $75	+5% $32	+10% $-11
Rent	-10% $-51	-5% $12	+0% $75	+5% $138	+10% $201
Rate	-1.0pp $138	-0.5pp $107	base $75	+0.5pp $43	+1.0pp $10

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: $31,125
• Closing costs: $3,735
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
53 Antigua Dr Unit D Kenner, LA	2.0	1.5	1325	$1,500	$1.13	24d	1	0.01mi
49 Antigua Dr Unit C Kenner, LA	2.0	1.5	1150	$1,450	$1.26	44d	1	0.02mi
61 Emile Ave Kenner, LA	3.0	2.0	1450	$1,900	$1.31	45d	1	0.30mi
4145 Idaho Ave Unit D Kenner, LA	2.0	2.5	1200	$1,550	$1.29	44d	1	0.57mi
4144 Georgia Ave Unit D Kenner, LA	2.0	2.0	1050	$1,450	$1.38	24d	1	0.58mi
4101 Delaware Ave Kenner, LA	2.0	1.5	1100	$1,499	$1.36	44d	1	0.59mi
4101 Delaware Ave #6 Kenner, LA	2.0	1.5	1050	$1,350	$1.29	24d	1	0.59mi
1740 Vintage Dr Unit A Kenner, LA	2.0	1.5	1019	$1,250	$1.23	44d	1	0.60mi
1740 Vintage Dr Unit C Kenner, LA	2.0	1.5	1019	$1,150	$1.13	44d	1	0.60mi
3308 Delaware Ave Unit C Kenner, LA	2.0	1.5	1125	$1,400	$1.24	44d	1	0.61mi
3304 Delaware Ave Unit B Kenner, LA	2.0	1.5	1100	$1,295	$1.18	5d	1	0.62mi
2150 42nd St Unit B316 Kenner, LA	2.0	2.0	1100	$1,410	$1.28	5d	1	0.64mi
2150 42nd St Unit A305 Kenner, LA	1.0	1.0	899	$1,330	$1.48	44d	1	0.64mi
2150 42nd St Unit B211 Kenner, LA	1.0	1.0	899	$1,230	$1.37	15d	1	0.64mi
2150 42nd St Unit B310 Kenner, LA	2.0	2.0	1100	$1,495	$1.36	15d	1	0.64mi
2150 42nd St Unit A204 Kenner, LA	1.0	1.0	899	$1,270	$1.41	5d	1	0.64mi
2150 42nd St Unit A301 Kenner, LA	2.0	2.0	1100	$1,395	$1.27	5d	1	0.64mi
2150 42nd St Unit D226 Kenner, LA	2.0	2.0	1612	$1,820	$1.13	24d	1	0.64mi
4018 Arkansas Ave Kenner, LA	3.0	2.0	1200	$1,800	$1.50	4d	1	0.66mi
4245 Illinois Ave Kenner, LA	3.0	2.0	1720	$2,300	$1.34	44d	1	0.69mi
1717 42nd St Unit D Kenner, LA	3.0	2.0	1380	$1,550	$1.12	44d	1	0.71mi
1600 Newport Pl #4 Kenner, LA	3.0	2.0	1400	$1,550	$1.11	4d	1	0.75mi
1500 W Esplanade Ave Unit 29D Kenner, LA	3.0	2.0	1725	$1,900	$1.10	2d	1	0.76mi
1500 W Esplanade Ave Kenner, LA	2.0–3.0	2.0	1587	$1,700	$1.07	44d	1	0.76mi
1500 W Esplanade Ave Kenner, LA	3.0	2.0	1725	$1,750	$1.01	3d	2	0.76mi
1617 Newport Pl #23 Kenner, LA	2.0	1.5	1125	$1,400	$1.24	44d	1	0.78mi
1617 Newport Pl #23 Kenner, LA	2.0	1.5	1125	$1,395	$1.24	5d	1	0.78mi
4329 Idaho Ave Unit B Kenner, LA	2.0	1.5	1120	$1,425	$1.27	22d	1	0.79mi
1620 Newport Pl Kenner, LA	3.0	2.0	1450	$1,550	$1.07	5d	1	0.79mi
1400 W Esplanade Ave Kenner, LA	2.0	1.0–2.5	801	$1,370	$1.71	44d	1	0.80mi
1616 Newport Pl Unit A Kenner, LA	3.0	2.0	1100	$1,500	$1.36	44d	1	0.80mi
1625 42nd St Kenner, LA	3.0	2.0	1550	$1,550	$1.00	44d	1	0.81mi
1621 42nd St Kenner, LA	3.0	2.0	1550	$1,550	$1.00	44d	1	0.82mi
3101 Kansas Ave Kenner, LA	3.0	2.0	1500	$2,000	$1.33	15d	1	0.82mi
4520 Williams Blvd Kenner, LA	2.0	1.0	738	$1,310	$1.78	2d	15	0.87mi
2921 Indiana Ave Unit 3 Kenner, LA	2.0	1.5	1300	$1,395	$1.07	4d	1	0.95mi
7116 Wilty St Metairie, LA	3.0	2.0	1722	$2,300	$1.34	5d	1	0.95mi
1201 W Esplanade Ave Kenner, LA	1.0–2.0	1.0–2.0	746	$1,110	$1.49	44d	1	1.04mi
2916 Maine Ave Unit A Kenner, LA	2.0	1.5	975	$1,200	$1.23	24d	1	1.07mi
400 Coconut Beach Ct Unit 101 Kenner, LA	2.0	2.0	1100	$2,000	$1.82	24d	1	1.08mi

HOA detail condo

• Monthly dues: $325 · $3,900/yr
• Likely covers: watertrashexterior maint.roof
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 34 events

1. 2026-06-18
   days on market $124,500 Active 3 DOM
2. 2026-06-17
   days on market $124,500 Active 2 DOM
3. 2026-06-16
   days on marketlisting id $124,500 Active 1 DOM
4. 2026-06-15
   days on market $124,500 Active 2 DOM
5. 2026-06-13
   remarks 699-char remark

   Show marketing remark (987 chars)

   Move-In Ready 2-Bedroom Condo in Driftwood! Welcome to 53 Antigua Dr., Unit D--a beautifully refreshed, turnkey home ready for its next owner. This updated 2-bedroom condo features brand-new waterproof flooring in the living areas, freshly painted interiors in neutral tones, and polished kitchen cabinets that give the home a clean, modern feel. Enjoy year-round comfort with a new HVAC system installed in 2023. The functional floor plan offers comfortable living spaces with stylish updates already completed, so you can move right in without the hassle or expense of renovations. One of the best features of this property is the affordable condo fee of just $325 per month, which covers: Water Flood insurance Roof maintenance and replacement Lawn and grass cutting Trash pickup Exterior maintenance Fence maintenance With so much included, you'll have very little to worry about beyond maintaining the interior of your condo, making homeownership simple and stress-free. owner/agent

6. 2026-06-13
   pricestatusdays on marketlisting id $124,500 Active 1 DOM

   Show marketing remark (987 chars)

   Move-In Ready 2-Bedroom Condo in Driftwood! Welcome to 53 Antigua Dr., Unit D--a beautifully refreshed, turnkey home ready for its next owner. This updated 2-bedroom condo features brand-new waterproof flooring in the living areas, freshly painted interiors in neutral tones, and polished kitchen cabinets that give the home a clean, modern feel. Enjoy year-round comfort with a new HVAC system installed in 2023. The functional floor plan offers comfortable living spaces with stylish updates already completed, so you can move right in without the hassle or expense of renovations. One of the best features of this property is the affordable condo fee of just $325 per month, which covers: Water Flood insurance Roof maintenance and replacement Lawn and grass cutting Trash pickup Exterior maintenance Fence maintenance With so much included, you'll have very little to worry about beyond maintaining the interior of your condo, making homeownership simple and stress-free. owner/agent

7. 2026-05-11
   price $127,000 761-char remark
8. 2026-05-11
   price $127,000 773-char remark
9. 2026-05-01
   historical $1,550
10. 2026-05-01
    listed $1,550
11. 2026-04-29
    listed $1,550
12. 2026-04-21
    historical $1,600
13. 2026-04-12
    price $127,500 761-char remark
14. 2026-04-12
    price $127,500 773-char remark
15. 2026-04-11
    listed $1,600
16. 2026-04-04
    price $128,000 761-char remark
17. 2026-04-04
    price $128,000 773-char remark
18. 2026-04-02
    status Active 761-char remark
19. 2026-04-02
    status Active 773-char remark
20. 2026-03-10
    status Pending 761-char remark
21. 2026-03-10
    historical Active Under Contract 773-char remark
22. 2026-02-14
    listed $130,000 Active 761-char remark
23. 2026-02-14
    listed $130,000 Active 773-char remark
24. 2025-01-04
    historical $1,550
25. 2024-12-09
    price $1,550
26. 2024-12-02
    listed $1,600
27. 2023-11-10
    soldstatus $94,000 Closed
28. 2023-11-05
    historical Active Under Contract
29. 2023-11-02
    listed $105,000
30. 2023-11-02
    listed $105,000 Active
31. 2016-04-07
    listed $85,000
32. 2015-11-13
    listed $85,000
33. 2000-05-03
    listed $59,900
34. 1995-06-06
    listed $45,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Taxation est. · year 1

• Rental income: $19,144
• − Mortgage interest: −$6,974
• − Property taxes: −$1,868
• − Insurance: −$622
• − Repairs & maintenance: −$1,532
• − Management: −$1,532
• − HOA: −$3,900
• − Depreciation: −$3,622
• Taxable loss: −$905
• Est. tax savings @ 24.0%: +$217
• After-tax cash flow: $1,116/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.

Condition & rehab AI · 12 photos

Good 80/100 Cosmetic rehab

This move-in-ready condo is in good condition with fresh updates, including new flooring and a new HVAC system, making it an attractive option for both buyers and renters.

Value-add opportunities

• Both Paint touch-ups — Fresh paint enhances curb appeal and interior aesthetics.
• Both New flooring — New flooring improves the overall look and feel of the home.
• Both New kitchen appliances — Modern appliances can attract more buyers and renters.
• Both New window treatments — New window treatments can improve energy efficiency and aesthetics.
• Both New lighting fixtures — New lighting fixtures can enhance the ambiance and energy efficiency of the home.

Renovation cost estimate screening

Value-add ROI direction

• Both Paint touch-ups — Fresh paint enhances curb appeal and interior aesthetics. ↑
• Both New flooring — New flooring improves the overall look and feel of the home. ↑
• Both New kitchen appliances — Modern appliances can attract more buyers and renters. ↑
• Both New window treatments — New window treatments can improve energy efficiency and aesthetics. ↑
• Both New lighting fixtures — New lighting fixtures can enhance the ambiance and energy efficiency of the home. ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

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

+176.7% since first listed

30 events — show timeline

• 2026-06-13 Listed $124,500 AcadianaMLS
• 2026-06-13 Listed $124,500 GSREIN
• 2026-06-07 Price Changed $1,495 GSREIN
• 2026-05-22 Price Changed $125,000 AcadianaMLS
• 2026-05-22 Price Changed $125,000 GSREIN
• 2026-05-11 Price Changed $127,000 AcadianaMLS
• 2026-05-11 Price Changed $127,000 GSREIN
• 2026-05-01 Rental Removed $1,550 RAAMLS
• 2026-05-01 Listed for Rent $1,550 RAAMLS
• 2026-04-29 Listed for Rent $1,550 GSREIN
• 2026-04-21 Rental Removed $1,600 RAAMLS
• 2026-04-12 Price Changed $127,500 AcadianaMLS
• 2026-04-12 Price Changed $127,500 GSREIN
• 2026-04-11 Listed for Rent $1,600 RAAMLS
• 2026-04-04 Price Changed $128,000 AcadianaMLS
• 2026-04-04 Price Changed $128,000 GSREIN
• 2026-04-02 Relisted — AcadianaMLS
• 2026-03-10 Pending — AcadianaMLS
• 2026-02-14 Listed $130,000 AcadianaMLS
• 2025-01-04 Rental Removed $1,550 GSREIN
• 2024-12-09 Price Changed $1,550 GSREIN
• 2024-12-02 Listed for Rent $1,600 GSREIN
• 2023-11-10 Sold (MLS) $94,000 GSREIN
• 2023-11-05 Contingent — GSREIN
• 2023-11-02 Listed $105,000 AcadianaMLS
• 2023-11-02 Listed $105,000 GSREIN
• 2016-04-07 Listed $85,000 AcadianaMLS
• 2015-11-13 Listed $85,000 AcadianaMLS
• 2000-05-03 Listed $59,900 AcadianaMLS
• 1995-06-06 Listed $45,000 AcadianaMLS