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1839 Andry St
C Composite 59.09
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 +24.7/30.0
  • ARV discount +9.3/15.0
  • DSCR +8.0/10.0
  • 1% rule +5.8/10.0
  • 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

$160,000

1839 Andry St · New Orleans, LA 70117
3 bd · 2.0 ba · 1,359 sqft · SingleFamily public records · 285 Days on market
Built 2007 $118/sqft · at area comps Est $167k · at est. ↓ 9% since listing

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Charming Single-Family Home in the Lower 9th Ward - Perfect for Owner-Occupants or Investors! Discover this inviting 3-bedroom, 2-bath home ideally located between New Orleans and St. Bernard Parish. Whether you're looking to settle in or invest, this property offers great value and potential. Step inside to an open floor plan with no carpet throughout - perfect for easy maintenance and a modern feel. The spacious living and dining areas are filled with natural light thanks to plenty of windows, creating a warm and welcoming atmosphere. The kitchen comes equipped with a range oven and refrigerator, ready for everyday cooking or entertaining guests. Enjoy added convenience with a generously sized laundry room and a master bedroom featuring a walk-in closet. Relax on your front or side porches, or enjoy the fully fenced-in yard, ideal for pets, gatherings, or privacy. The long driveway offers ample off-street parking. Additional features include gutters and a recently installed roof, adding to peace of mind. Don't miss out on this move-in-ready home in a location with growing interest and opportunity. Schedule your showing today!

Key facts

  • Open floor plan
  • No carpet
  • Laundry room

Tags

OPEN FLOOR PLANNO CARPETNATURAL LIGHTRANGE OVENREFRIGERATORLAUNDRY ROOM

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 3-bed/2.0-bath single-family listed at $160k.

Deal economics

  • At list price, monthly cash flow is $269 ($3k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $160k).
  • Recommended offer: $141k (12.0% below list) — sets the bar for market timing.
  • Cap rate 8.8% 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 22d on market — plan ~3-4 weeks tenant-placement turnaround); 710 units permitted in Orleans Parish in 2024 (244 in 5+ unit buildings).
  • At $1,729/mo this rent would consume 45% of the median local household income ($46k/yr) (locally 1988% 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 $5k 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

  • It's been on market 285 days — a 12% lower offer ($141k) is reasonable based on typical stale-listing flexibility.
  • 5 sale attempts since 2y ago; this cycle's ask is 9043% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

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→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $140,800 (12.0% below list)

Questions for the listing agent

  1. It's been on market 285 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. 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.
  6. 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.
  7. 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
1.08%
Cap rate
8.81%
Cash-on-cash
9.00%
DSCR
1.40
GRM
7.7

CMA / ARV

ARV (median comp)
$166,604
List price
$160,000
Delta
-3.96%
Verdict
FAIR
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
1717 Egania St 0.12mi 2/2.0 (-1) 1,428 (+5%) 3mo $31,000 $22 78
1705 Lamanche St 0.25mi 3/2.0 1,461 (+8%) 4mo $115,000 $79 73
1708 Andry St 0.12mi 3/2.0 1,521 (+12%) 3mo $218,000 $143 72
2300 Fats Domino Ave 0.35mi 3/2.0 1,447 (+6%) 1mo $226,500 $157 72
2319 Lizardi St 0.36mi 3/2.0 1,400 (+3%) 10mo $175,000 $125 70
5036 N Rampart St 0.70mi 3/2.0 1,357 (-0%) 5mo $225,000 $166 63
1629 St. Maurice Ave 0.60mi 4/2.0 (+1) 1,348 (-1%) 10mo $150,000 $111 57
1918 Deslonde St 0.38mi 3/2.0 1,549 (+14%) 8mo $215,000 $139 52
1808 Tennessee St 0.33mi 2/2.0 (-1) 1,156 (-15%) 7mo $187,000 $162 49
2611 Jourdan Ave 0.68mi 2/3.0 (-1) 1,274 (-6%) 10mo $50,000 $39 40
1026 Gordon St 0.70mi 2/2.0 (-1) 1,220 (-10%) 11mo $135,000 $111 36
1018 Reynes Dr 0.69mi 3/1.0 1,540 (+13%) 10mo $150,000 $97 33

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

5-year hold
IRR
-5.8%
Equity multiple
0.79×
Total profit
$-9,626
Equity at exit
$23,857
10-year hold
IRR
3.2%
Equity multiple
1.23×
Total profit
$10,215
Equity at exit
$13,834

Cash invested: $44,800 (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 70117

Rents YoY
2.5%
Active inventory
581
Price-to-rent
7.7×

Monthly cashflow live

Estimated rent
$1,729 high interval (Pro) →
Mortgage (P&I)
$839
Tax from tax record
$124 /mo · $1,492/yr
Insurance
$67
Flood insurance flood zone
−$66 /mo · $798/yr
HOA
$0
Vacancy / Maint / Mgmt
$363
Net cashflow
$269

Break-even live

Break-even rent $1,388
Max offer price $160,000
Occupancy floor 79%

Sensitivity live

Price -10% $360 -5% $315 +0% $269 +5% $224 +10% $179
Rent -10% $133 -5% $201 +0% $269 +5% $338 +10% $406
Rate -1.0pp $350 -0.5pp $310 base $269 +0.5pp $228 +1.0pp $186

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
$40,000
Closing costs
$4,800
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

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1835 Andry St New Orleans, LA 3.0 2.0 918 $1,800 $1.96 24d 1 0.04mi
1810 Fats Domino Ave New Orleans, LA 2.0 2.0 975 $916 $0.94 24d 1 0.16mi
1422 Andry St New Orleans, LA 3.0 2.0 1100 $1,400 $1.27 4d 1 0.33mi
5618 N Tonti St New Orleans, LA 3.0 2.0 1128 $1,550 $1.37 24d 1 0.35mi
1925 Alabo St Unit A New Orleans, LA 3.0 2.0 1199 $1,500 $1.25 22d 1 0.36mi
5900 N Derbigny St Unit 1 New Orleans, LA 3.0 2.0 1000 $1,950 $1.95 4d 1 0.42mi
1327 Fats Domino Ave Unit B New Orleans, LA 4.0 2.0 1200 $2,200 $1.83 17d 1 0.43mi
1327 Fats Domino Ave Unit A New Orleans, LA 3.0 2.0 1200 $1,900 $1.58 4d 1 0.43mi
1314 Lamanche St New Orleans, LA 4.0 1.0 1300 $2,100 $1.62 17d 1 0.47mi
1301 Lamanche St New Orleans, LA 3.0 2.0 1090 $1,600 $1.47 4d 1 0.50mi
1301 Lamanche St New Orleans, LA 3.0 2.0 1090 $1,600 $1.47 3d 1 0.50mi
1301 Lamanche St New Orleans, LA 3.0 2.0 1178 $1,600 $1.36 24d 1 0.50mi
2539 Fats Domino Ave New Orleans, LA 3.0 2.0 1184 $1,850 $1.56 21d 1 0.54mi
1901 Tupelo St New Orleans, LA 3.0 2.5 1568 $2,300 $1.47 4d 1 0.55mi
5461 Saint Claude Ave New Orleans, LA 4.0 2.0 1250 $2,350 $1.88 24d 1 0.57mi
5459 Saint Claude Ave Unit 5461 New Orleans, LA 4.0 2.0 1454 $2,350 $1.62 24d 1 0.57mi
1824 Saint Maurice Ave New Orleans, LA 4.0 2.0 1500 $1,500 $1.00 24d 1 0.59mi
1304 Jourdan Ave New Orleans, LA 2.0 2.0 890 $959 $1.08 17d 6 0.61mi
1137 Deslonde St New Orleans, LA 2.0 1.0 1017 $1,500 $1.47 24d 1 0.63mi
1714 Tricou St New Orleans, LA 3.0 2.0 1271 $1,900 $1.49 24d 1 0.66mi
1201 Gordon St New Orleans, LA 3.0 2.5 1367 $1,900 $1.39 18d 1 0.66mi
6002 Saint Claude Ave New Orleans, LA 2.0 2.0 965 $1,275 $1.32 22d 1 0.72mi
906 Flood St New Orleans, LA 3.0 3.0 1174 $1,700 $1.45 2d 1 0.73mi
1334 Tricou St New Orleans, LA 2.0 1.0 1117 $1,500 $1.34 22d 1 0.74mi
5109 Burgundy St New Orleans, LA 2.0 1.0 1122 $1,474 $1.31 18d 1 0.75mi
5450 Burgundy St New Orleans, LA 2.0 1.0 1474 $1,250 $0.85 24d 1 0.76mi
1420 Delery St New Orleans, LA 2.0 1.0 900 $1,250 $1.39 12d 1 0.77mi
6038 N Rampart St New Orleans, LA 3.0 2.0 1080 $1,795 $1.66 24d 1 0.82mi
4318 N Robertson St New Orleans, LA 3.0 1.0 1250 $1,150 $0.92 4d 1 0.90mi
4801 Dauphine St Unit B New Orleans, LA 2.0 1.0 875 $1,100 $1.26 24d 1 0.90mi
4318 1/2 N Robertson St New Orleans, LA 3.0 1.0 1250 $1,150 $0.92 3d 1 0.90mi
4222 N Johnson St New Orleans, LA 3.0 2.0 1100 $1,895 $1.72 24d 1 0.90mi
4217 N Johnson St New Orleans, LA 3.0 2.0 904 $1,650 $1.83 24d 1 0.91mi
4230 N Claiborne Ave New Orleans, LA 3.0 2.5 1296 $1,750 $1.35 24d 1 0.91mi
1233 Poland Ave New Orleans, LA 2.0 2.0 1200 $2,250 $1.88 24d 1 0.92mi
1403 Lesseps St New Orleans, LA 3.0 3.0 1700 $1,800 $1.06 12d 1 0.93mi
617 Forstall St New Orleans, LA 3.0 2.0 1262 $2,200 $1.74 4d 1 0.94mi
4317 Urquhart St New Orleans, LA 3.0 2.0 1300 $1,650 $1.27 24d 1 0.95mi
619 Reynes St New Orleans, LA 3.0 2.0 1318 $2,100 $1.59 17d 1 0.95mi
1333 Angela Ave Arabi, LA 3.0 2.0 1090 $1,850 $1.70 3d 1 0.96mi

Listing history 27 events

  1. 2026-06-18
    days on market $160,000 Active 285 DOM
  2. 2026-06-17
    days on market $160,000 Active 284 DOM
  3. 2026-06-16
    days on market $160,000 Active 283 DOM
  4. 2026-06-15
    days on market $160,000 Active 282 DOM
  5. 2026-06-13
    days on market $160,000 Active 280 DOM
  6. 2026-06-10
    days on market $160,000 Active 277 DOM
  7. 2026-06-09
    days on market $160,000 Active 276 DOM
  8. 2026-06-08
    days on market $160,000 Active 275 DOM
  9. 2026-06-07
    days on market $160,000 Active 274 DOM
  10. 2026-06-05
    days on market $160,000 Active 271 DOM
  11. 2026-06-03
    days on market $160,000 Active 270 DOM
  12. 2026-06-02
    days on market $160,000 Active 269 DOM
  13. 2026-06-01
    days on market $160,000 Active 268 DOM
  14. 2026-05-31
    days on market $160,000 Active 267 DOM
  15. 2026-04-08
    historical $1,600
  16. 2026-03-09
    price $1,600
  17. 2026-02-06
    listed $1,750
  18. 2026-02-06
    historical $1,750
  19. 2026-02-04
    listed $1,750
    Show marketing remark (1157 chars)

    Charming Single-Family Home in the Lower 9th Ward – Perfect for Owner-Occupants or Investors! Discover this inviting 3-bedroom, 2-bath home ideally located between New Orleans and St. Bernard Parish. Whether you're looking to settle in or invest, this property offers great value and potential. Step inside to an open floor plan with no carpet throughout – perfect for easy maintenance and a modern feel. The spacious living and dining areas are filled with natural light thanks to plenty of windows, creating a warm and welcoming atmosphere. The kitchen comes equipped with a range oven and refrigerator, ready for everyday cooking or entertaining guests. Enjoy added convenience with a generously sized laundry room and a master bedroom featuring a walk-in closet. Relax on your front or side porches, or enjoy the fully fenced-in yard, ideal for pets, gatherings, or privacy. The long driveway offers ample off-street parking. Additional features include gutters and a recently installed roof, adding to peace of mind. Don't miss out on this move-in-ready home in a location with growing interest and opportunity. Schedule your showing today!

  20. 2026-02-04
    price $160,000 1145-char remark
    Show marketing remark (1157 chars)

    Charming Single-Family Home in the Lower 9th Ward – Perfect for Owner-Occupants or Investors! Discover this inviting 3-bedroom, 2-bath home ideally located between New Orleans and St. Bernard Parish. Whether you're looking to settle in or invest, this property offers great value and potential. Step inside to an open floor plan with no carpet throughout – perfect for easy maintenance and a modern feel. The spacious living and dining areas are filled with natural light thanks to plenty of windows, creating a warm and welcoming atmosphere. The kitchen comes equipped with a range oven and refrigerator, ready for everyday cooking or entertaining guests. Enjoy added convenience with a generously sized laundry room and a master bedroom featuring a walk-in closet. Relax on your front or side porches, or enjoy the fully fenced-in yard, ideal for pets, gatherings, or privacy. The long driveway offers ample off-street parking. Additional features include gutters and a recently installed roof, adding to peace of mind. Don't miss out on this move-in-ready home in a location with growing interest and opportunity. Schedule your showing today!

  21. 2026-02-04
    price $160,000 1157-char remark
    Show marketing remark (1157 chars)

    Charming Single-Family Home in the Lower 9th Ward – Perfect for Owner-Occupants or Investors! Discover this inviting 3-bedroom, 2-bath home ideally located between New Orleans and St. Bernard Parish. Whether you're looking to settle in or invest, this property offers great value and potential. Step inside to an open floor plan with no carpet throughout – perfect for easy maintenance and a modern feel. The spacious living and dining areas are filled with natural light thanks to plenty of windows, creating a warm and welcoming atmosphere. The kitchen comes equipped with a range oven and refrigerator, ready for everyday cooking or entertaining guests. Enjoy added convenience with a generously sized laundry room and a master bedroom featuring a walk-in closet. Relax on your front or side porches, or enjoy the fully fenced-in yard, ideal for pets, gatherings, or privacy. The long driveway offers ample off-street parking. Additional features include gutters and a recently installed roof, adding to peace of mind. Don't miss out on this move-in-ready home in a location with growing interest and opportunity. Schedule your showing today!

  22. 2026-01-05
    price $163,000 1145-char remark
    Show marketing remark (1157 chars)

    Charming Single-Family Home in the Lower 9th Ward – Perfect for Owner-Occupants or Investors! Discover this inviting 3-bedroom, 2-bath home ideally located between New Orleans and St. Bernard Parish. Whether you're looking to settle in or invest, this property offers great value and potential. Step inside to an open floor plan with no carpet throughout – perfect for easy maintenance and a modern feel. The spacious living and dining areas are filled with natural light thanks to plenty of windows, creating a warm and welcoming atmosphere. The kitchen comes equipped with a range oven and refrigerator, ready for everyday cooking or entertaining guests. Enjoy added convenience with a generously sized laundry room and a master bedroom featuring a walk-in closet. Relax on your front or side porches, or enjoy the fully fenced-in yard, ideal for pets, gatherings, or privacy. The long driveway offers ample off-street parking. Additional features include gutters and a recently installed roof, adding to peace of mind. Don't miss out on this move-in-ready home in a location with growing interest and opportunity. Schedule your showing today!

  23. 2026-01-05
    price $163,000 1157-char remark
    Show marketing remark (1157 chars)

    Charming Single-Family Home in the Lower 9th Ward – Perfect for Owner-Occupants or Investors! Discover this inviting 3-bedroom, 2-bath home ideally located between New Orleans and St. Bernard Parish. Whether you're looking to settle in or invest, this property offers great value and potential. Step inside to an open floor plan with no carpet throughout – perfect for easy maintenance and a modern feel. The spacious living and dining areas are filled with natural light thanks to plenty of windows, creating a warm and welcoming atmosphere. The kitchen comes equipped with a range oven and refrigerator, ready for everyday cooking or entertaining guests. Enjoy added convenience with a generously sized laundry room and a master bedroom featuring a walk-in closet. Relax on your front or side porches, or enjoy the fully fenced-in yard, ideal for pets, gatherings, or privacy. The long driveway offers ample off-street parking. Additional features include gutters and a recently installed roof, adding to peace of mind. Don't miss out on this move-in-ready home in a location with growing interest and opportunity. Schedule your showing today!

  24. 2025-09-06
    listed $165,000 Active 1145-char remark
    Show marketing remark (1157 chars)

    Charming Single-Family Home in the Lower 9th Ward – Perfect for Owner-Occupants or Investors! Discover this inviting 3-bedroom, 2-bath home ideally located between New Orleans and St. Bernard Parish. Whether you're looking to settle in or invest, this property offers great value and potential. Step inside to an open floor plan with no carpet throughout – perfect for easy maintenance and a modern feel. The spacious living and dining areas are filled with natural light thanks to plenty of windows, creating a warm and welcoming atmosphere. The kitchen comes equipped with a range oven and refrigerator, ready for everyday cooking or entertaining guests. Enjoy added convenience with a generously sized laundry room and a master bedroom featuring a walk-in closet. Relax on your front or side porches, or enjoy the fully fenced-in yard, ideal for pets, gatherings, or privacy. The long driveway offers ample off-street parking. Additional features include gutters and a recently installed roof, adding to peace of mind. Don't miss out on this move-in-ready home in a location with growing interest and opportunity. Schedule your showing today!

  25. 2025-09-06
    listed $165,000 Active 1157-char remark
    Show marketing remark (1157 chars)

    Charming Single-Family Home in the Lower 9th Ward – Perfect for Owner-Occupants or Investors! Discover this inviting 3-bedroom, 2-bath home ideally located between New Orleans and St. Bernard Parish. Whether you're looking to settle in or invest, this property offers great value and potential. Step inside to an open floor plan with no carpet throughout – perfect for easy maintenance and a modern feel. The spacious living and dining areas are filled with natural light thanks to plenty of windows, creating a warm and welcoming atmosphere. The kitchen comes equipped with a range oven and refrigerator, ready for everyday cooking or entertaining guests. Enjoy added convenience with a generously sized laundry room and a master bedroom featuring a walk-in closet. Relax on your front or side porches, or enjoy the fully fenced-in yard, ideal for pets, gatherings, or privacy. The long driveway offers ample off-street parking. Additional features include gutters and a recently installed roof, adding to peace of mind. Don't miss out on this move-in-ready home in a location with growing interest and opportunity. Schedule your showing today!

  26. 2024-07-16
    historical $1,750
  27. 2024-06-27
    listed $1,750

ⓘ 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
$1,492 · $124/mo
Projected year-2 tax
$1,492 · $124/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) · 60% 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 3/10 Moderate 3 unhealthy d/yr today · 3 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
$20,750
− Mortgage interest
−$8,962
− Property taxes
−$1,492
− Insurance
−$1,598
− Repairs & maintenance
−$1,660
− Management
−$1,660
− Depreciation
−$4,655
Taxable income
$723
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$173
After-tax cash flow
$3,060/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)
25,652
Household income
$45,764
Rent vs Own
47.8% rent · 52.2% 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

Price history

-8.6% since first listed
13 events — show timeline
  • 2026-04-08 Rental Removed $1,600 GSREIN
  • 2026-03-09 Price Changed $1,600 GSREIN
  • 2026-02-06 Listed for Rent $1,750 GSREIN
  • 2026-02-06 Rental Removed $1,750 RAAMLS
  • 2026-02-04 Listed for Rent $1,750 RAAMLS
  • 2026-02-04 Price Changed $160,000 AcadianaMLS
  • 2026-02-04 Price Changed $160,000 GSREIN
  • 2026-01-05 Price Changed $163,000 AcadianaMLS
  • 2026-01-05 Price Changed $163,000 GSREIN
  • 2025-09-06 Listed $165,000 GSREIN
  • 2025-09-06 Listed $165,000 AcadianaMLS
  • 2024-07-16 Rental Removed $1,750 GSREIN
  • 2024-06-27 Listed for Rent $1,750 GSREIN

Property tax history

-2.5%/yr

Latest (2026): $1,492 · +1.1% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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