4367 Maple Dr · Slidell, LA 70461

$36,800

3 bd · 2.0 ba · 1,540 sqft · SingleFamily public records · 53 Days on market

Built 1986 7,697 sqft lot

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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 +15.0/30.0
• ARV discount +7.5/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Schools +4.3/10.0
• Livability +3.5/5.0
• Rent growth +2.9/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

BRING THIS HOME BACK TO LIFE*3 BEDROOM 2 BATH HOME*DEAD END STREET*NICE FRONT PORCH AND LARGE REAR YARD*

Key facts

• Front porch
• Large rear yard
• 7,697 sq ft lot

Tags

• FRONT PORCH
• LARGE REAR YARD

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $37k.

Deal economics

• At list price, monthly cash flow is $922 ($11k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $37k).
• Recommended offer: $36k (3.0% below list) — sets the bar for market timing.
• Cap rate 50.3% vs local median 5.9% in Slidell — 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 70/100 on livability (#57 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities F, commute F.
• St. Tammany Parish (suburban): math 43% / reading 55% proficiency, ranked #11 of 98 in LA (top 11%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising (+1.7%/yr); 589 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 1,064 units permitted in St. Tammany Parish in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $254 of loan paydown is wiped out by about $1k of value loss. Plan a longer hold.
• St. Tammany County population projected at +27% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 1.7% rent growth), your $10k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 53 days — a 3% lower offer ($36k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 20y ago; this cycle's ask has dropped $3k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: property tax is 4.2% of price; flood insurance adds $427/mo.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); 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 $35,696 (3.0% below list)

Questions for the listing agent

1. It's been on market 53 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
6. 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?
7. 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.
8. 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.
9. 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: 5.80% ✓
• Cap rate: 50.27%
• Cash-on-cash: 157.07%
• DSCR: 7.99
• GRM: 1.4

CMA / ARV

• ARV (on-the-fly): $274,120
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4367 Maple Dr	0.00mi	3/2.0	1,491 (-3%)	1mo	$28,000	$19	94
4251 Poplar Dr	0.20mi	4/2.0 (+1)	1,615 (+5%)	1mo	$257,000	$159	77
4318 Gum Dr	0.31mi	3/2.0	1,426 (-7%)	8mo	$180,500	$127	66
40698 Cara Mae Dr	0.74mi	4/2.0 (+1)	1,555 (+1%)	0mo	$282,900	$182	59
40674 Cara Mae Dr	0.73mi	4/2.0 (+1)	1,555 (+1%)	1mo	$277,900	$179	58
40644 Cara Mae Dr	0.74mi	4/2.0 (+1)	1,555 (+1%)	3mo	$269,900	$174	57
40620 Cara Mae Dr	0.73mi	4/2.0 (+1)	1,555 (+1%)	5mo	$282,900	$182	55
40578 Cara Mae Dr	0.73mi	4/2.0 (+1)	1,555 (+1%)	6mo	$276,900	$178	54
40574 Cara Mae Dr	0.73mi	4/2.0 (+1)	1,555 (+1%)	6mo	$281,900	$181	54
4613 Oak Dr	0.60mi	3/2.0	1,345 (-13%)	1mo	$250,000	$186	50
4346 Gum Dr	0.31mi	3/2.0	1,334 (-13%)	20mo	$150,000	$112	46
40511 Cara Mae Dr	0.73mi	3/2.0	1,510 (-2%)	23mo	$245,000	$162	44

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 · 1.72% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 5.89×
• Total profit: $50,398
• Equity at exit: $5,487

10-year hold

• IRR: —
• Equity multiple: 11.68×
• Total profit: $110,056
• Equity at exit: $3,182

Cash invested: $10,304 (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 70461

• Home prices YoY: -33.0%
• Rents YoY: 1.7%
• Active inventory: 589
• Price-to-rent: 1.4×

Monthly cashflow live

• Estimated rent: $2,136 high
• Mortgage (P&I): −$193
• Tax from tax record: −$130 /mo · $1,564/yr
• Insurance: −$15
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$449
• Net cashflow: $922

Break-even live

Break-even rent $969

Max offer price $36,800

Occupancy floor 52%

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: $9,200
• Closing costs: $1,104
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
812 N Lake Verret Ct Slidell, LA	3.0	2.0	1862	$2,500	$1.34	23d	1	1.03mi
4145 Saint Peter St Slidell, LA	3.0	2.0	1422	$2,000	$1.41	43d	1	1.07mi
814 Lake Borgne Ct Slidell, LA	3.0	2.0	1560	$1,900	$1.22	21d	1	1.18mi
59518 Autumn Dr Slidell, LA	3.0	2.0	1374	$2,200	$1.60	11d	1	1.41mi
59518 Autumn Dr Slidell, LA	3.0	2.0	1374	$2,200	$1.60	3d	1	1.41mi

Listing history 10 events

1. 2026-04-20
   status Pending 104-char remark

   Show marketing remark (104 chars)

   BRING THIS HOME BACK TO LIFE*3 BEDROOM 2 BATH HOME*DEAD END STREET*NICE FRONT PORCH AND LARGE REAR YARD*

2. 2026-04-20
   status Pending

   Show marketing remark (104 chars)

   BRING THIS HOME BACK TO LIFE*3 BEDROOM 2 BATH HOME*DEAD END STREET*NICE FRONT PORCH AND LARGE REAR YARD*

3. 2026-04-15
   price $36,800 104-char remark

   Show marketing remark (104 chars)

   BRING THIS HOME BACK TO LIFE*3 BEDROOM 2 BATH HOME*DEAD END STREET*NICE FRONT PORCH AND LARGE REAR YARD*

4. 2026-04-15
   price $36,800

   Show marketing remark (104 chars)

   BRING THIS HOME BACK TO LIFE*3 BEDROOM 2 BATH HOME*DEAD END STREET*NICE FRONT PORCH AND LARGE REAR YARD*

5. 2026-02-26
   listed $40,000 Active 104-char remark

   Show marketing remark (104 chars)

   BRING THIS HOME BACK TO LIFE*3 BEDROOM 2 BATH HOME*DEAD END STREET*NICE FRONT PORCH AND LARGE REAR YARD*

6. 2026-02-26
   listed $40,000 Active

   Show marketing remark (104 chars)

   BRING THIS HOME BACK TO LIFE*3 BEDROOM 2 BATH HOME*DEAD END STREET*NICE FRONT PORCH AND LARGE REAR YARD*

7. 2006-04-27
   soldstatus $38,000
8. 2006-04-13
   soldstatus $38,000
9. 2006-01-02
   listed $29,000
10. 2006-01-02
    listed $29,000

ⓘ 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: $1,564 · $130/mo
• Projected year-2 tax: $1,564 · $130/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 9/10 Extreme FEMA zone AE · 99% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥107°F today · 21 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,630
• − Mortgage interest: −$2,061
• − Property taxes: −$1,564
• − Insurance: −$5,302
• − Repairs & maintenance: −$2,050
• − Management: −$2,050
• − Depreciation: −$1,071
• Taxable income: $11,531
• Est. tax owed @ 24.0%: −$2,767
• After-tax cash flow: $8,298/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: St. Tammany Parish
• NCES district ID: 2201650
• Math proficiency: 43% ▼ -32.00%
• Reading proficiency: 55% ▼ -26.00%
• Median HH income: $61,752
• Composite: 43.04/100
• National rank: #3098
• State rank: #11 of 98 in LA

Livability — Slidell

• Score: 70/100
• State rank: #57
• US rank: #7673

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Saint Tammany Parish · 228,296 people
• City population: 95,511
• Metro: New Orleans-Metairie, LA
• Population (ZIP): 34,808
• Household income: $89,003
• Rent vs Own: 23.1% rent · 76.9% own
• Severe rent burden: 328.0

Population outlook (St. Tammany County) Hauer SSP2

• Today (2025): 286,725 people
• By 2030: 304,175 · +6.1%
• By 2040: 336,203 · +17.3%
• By 2050: 364,590 · +27.2%
• By 2075: 433,362 · +51.1%
• By 2100: 470,333 · +64.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.63)
• Race & ethnicity: White 55% Black 24% Two or more races 14% Hispanic / Latino 11% Asian 3%
• Common ancestry: Lithuanian 9% Italian 1% Romanian 1%
• Foreign-born: 8% · Canada, China, Vietnam
• Languages at home: 89% English-only · Spanish 7% Chinese 1% Vietnamese 1%

Political lean MEDSL · St. Tammany

• 2024 margin: Solid R (+43.8) · D 27.3% · R 71.1% · Other 1.6%
• 2008→2024 swing: +9.6pp toward D · 2008: -53.4pp · 2024: -43.8pp
• All cycles: 2024: R+43.8 2020: R+44.2 2016: R+50.8 2012: R+52.2 2008: R+53.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -74.47%
• Current HPI: 151.3353
• Rent YoY: ▲ 1.72%
• 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

+26.9% since first listed

10 events — show timeline

• 2026-04-20 Pending — AcadianaMLS
• 2026-04-20 Pending — GSREIN
• 2026-04-15 Price Changed $36,800 AcadianaMLS
• 2026-04-15 Price Changed $36,800 GSREIN
• 2026-02-26 Listed $40,000 GSREIN
• 2026-02-26 Listed $40,000 AcadianaMLS
• 2006-04-27 Sold (Public Records) $38,000 Public Records
• 2006-04-13 Sold (MLS) $38,000 GSREIN
• 2006-01-02 Listed $29,000 GSREIN
• 2006-01-02 Listed $29,000 AcadianaMLS

Property tax history

+2.6%/yr

Latest (2025): $1,564 · +142.2% YoY. Source: county tax records.