3820-3822 Juno Dr · Chalmette, LA 70043

$250,000

4 bd · 3.0 ba · 2,000 sqft · MultiFamily · 31 Days on market

Built 1984 Est $248k · at est.

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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 +28.3/30.0
• DSCR +10.0/10.0
• ARV discount +7.1/15.0
• 1% rule +7.0/10.0
• Schools +5.0/10.0
• Rent growth +3.3/5.0
• Livability +3.2/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 2 units. confirmed

Listing remarks MLS

Double Opportunity, first time home buyers also owner occupants also investors. No Carpet, Live in one side and let the other side go towards your mortgage. Great Opportunity. X Flood

Key facts

• Parking
• Built 1984
• Listed 31 days

Property features AI

Finance

• Financial info: Income/expense and investor-specific details not provided

Exterior

• Parking: Driveway
• Utilities: Public water; Public sewer
• Home design: Single-story building; Two-unit property
• Construction: Brick construction; Shingle roof; Slab foundation; Built/maintained in very good condition
• Exterior features: City lot; Rectangular lot; Lot dimensions approx. 50 x 102

Interior

• Bedrooms: Two-unit property (number of individual bedrooms per unit not specified)
• Bathrooms: 3 full bathrooms (total)
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Total of 12 rooms; Very good condition
• Laundry & utility: Tenants pay electricity and water

What this means for you Summary

Snapshot

• This is a 2 × 2-bed/1-bath units multifamily listed at $250k.

Deal economics

• At list price, monthly cash flow is $736 ($9k/yr) — positive. Per door: $368/mo.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $250k).
• Recommended offer: $242k (3.0% below list) — sets the bar for market timing.
• Cap rate 10.1% vs local median 5.5% in Chalmette — 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 65/100 on livability (#137 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A; Watch: crime F, amenities F, commute F.
• Market conditions: Rents rising (+3.1%/yr); 209 active listings in the ZIP; 12 comparable units currently listed for rent nearby; rentals leasing fast (median 12d on market — plan ~1-2 weeks tenant-placement turnaround); 112 units permitted in St. Bernard Parish in 2024 (0 in 5+ unit buildings).
• At $2,997/mo this rent would consume 65% of the median local household income ($55k/yr) (locally 881% 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 $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
• St. Bernard County population projected at +89% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 3.1% rent growth), your $70k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 31 days — a 3% lower offer ($242k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts 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 $132k; list at $250k implies a 90% gain — meaningful room to come down on a strong offer.

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→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $242,500 (3.0% below list)

Questions for the listing agent

1. It's been on market 31 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
3. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
4. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Crime grade is F 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?
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 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: 1.20% ✓
• Cap rate: 10.14%
• Cash-on-cash: 13.76%
• DSCR: 1.61
• GRM: 7.0

CMA / ARV

• ARV (on-the-fly): $248,000
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
9109 Atreus St	0.19mi	4/3.5	1,980 (-1%)	9mo	$170,000	$86	80
3521 23 Kings Dr	0.20mi	5/4.0 (+1)	1,996 (-0%)	3mo	$354,000	$177	79
9025-27 Atreus St	0.18mi	4/4.0	2,000 (0%)	14mo	$196,000	$98	76
74-76 Phillip Ct	0.33mi	4/2.0	1,920 (-4%)	1mo	$240,000	$125	73
4005-07 Jupiter Dr	0.16mi	5/2.5 (+1)	2,048 (+2%)	11mo	$230,000	$112	72
4017-19 Jupiter Dr	0.18mi	4/2.0	1,804 (-10%)	11mo	$207,000	$115	62
3509-3511 Jupiter Dr	0.27mi	5/3.0 (+1)	2,250 (+12%)	2mo	$263,000	$117	60
8512 14 Valor Dr	0.49mi	4/2.0	1,933 (-3%)	11mo	$250,000	$129	58
3817 19 Juno Dr	0.03mi	4/2.0	1,700 (-15%)	14mo	$255,000	$150	58
125 27 W Philip Ct	0.35mi	5/3.0 (+1)	2,100 (+5%)	16mo	$259,000	$123	57
9101-9103 Atreus St	0.18mi	4/4.0	1,700 (-15%)	11mo	$243,500	$143	53
9029 31 Oz Dr	0.25mi	5/3.0 (+1)	2,196 (+10%)	17mo	$272,400	$124	53

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 · 3.11% rent growth · sell at horizon

5-year hold

• IRR: 2.5%
• Equity multiple: 1.10×
• Total profit: $6,682
• Equity at exit: $37,276

10-year hold

• IRR: 12.2%
• Equity multiple: 1.96×
• Total profit: $67,488
• Equity at exit: $21,615

Cash invested: $70,000 (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 70043

• Rents YoY: 3.1%
• Active inventory: 209
• Price-to-rent: 13.9×

Monthly cashflow live

• Estimated rent: $2,997 high
• Mortgage (P&I): −$1,311
• Tax from tax record: −$150 /mo · $1,800/yr
• Insurance: −$104
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$629
• Net cashflow: $736

Break-even live

Break-even rent $2,065

Max offer price $250,000

Occupancy floor 70%

2-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
▸ 2× units	2	1	$2,998
Total (2 units)			$2,997

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: $62,500
• Closing costs: $7,500
• Reserves months: —
• Total cash needed: —

Rent comps 12 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3606 Pakenham Dr Unit 3606 Chalmette, LA	3.0	2.0	1400	$1,800	$1.29	11d	1	0.26mi
8413 Benjamin Dr Chalmette, LA	3.0	2.0	1800	$2,300	$1.28	3d	1	0.41mi
2707 Jackson Blvd Chalmette, LA	3.0	3.0	1733	$2,300	$1.33	43d	1	0.88mi
2707 Jackson Blvd Chalmette, LA	3.0	2.5	1733	$2,300	$1.33	23d	1	0.88mi
424 Chinchilla Dr Arabi, LA	3.0	2.0	1735	$3,500	$2.02	16d	1	1.25mi
3321 Plaza Dr Chalmette, LA	3.0	2.0	1400	$1,650	$1.18	10d	1	1.28mi
3708 Veronica Dr Chalmette, LA	3.0	2.0	1818	$2,550	$1.40	1d	1	1.33mi
2518 Delambert St Chalmette, LA	3.0	2.0	1617	$1,825	$1.13	43d	1	1.35mi
309 Fawn Dr Arabi, LA	3.0	2.5	1745	$2,500	$1.43	1d	1	1.36mi
7532 Patricia St Arabi, LA	3.0	2.0	1850	$1,900	$1.03	2d	1	1.43mi
7532 Patricia St Arabi, LA	3.0	2.0	1850	$1,900	$1.03	2d	1	1.43mi
7532 Patricia St Arabi, LA	4.0	3.0	2099	$2,200	$1.05	43d	1	1.45mi

Listing history 27 events

1. 2026-06-18
   days on market $250,000 Active 31 DOM
2. 2026-06-17
   days on market $250,000 Active 30 DOM
3. 2026-06-16
   days on market $250,000 Active 29 DOM
4. 2026-06-15
   days on market $250,000 Active 28 DOM
5. 2026-06-13
   days on market $250,000 Active 26 DOM
6. 2026-06-10
   days on market $250,000 Active 23 DOM
7. 2026-06-09
   days on market $250,000 Active 22 DOM
8. 2026-06-08
   days on market $250,000 Active 21 DOM
9. 2026-06-07
   days on market $250,000 Active 20 DOM
10. 2026-06-03
    days on market $250,000 Active 16 DOM
11. 2026-06-02
    days on market $250,000 Active 15 DOM
12. 2026-06-01
    days on market $250,000 Active 14 DOM
13. 2026-05-31
    days on market $250,000 Active 13 DOM
14. 2026-05-18
    listed $250,000 Active 183-char remark

    Show marketing remark (183 chars)

    Double Opportunity, first time home buyers also owner occupants also investors. No Carpet, Live in one side and let the other side go towards your mortgage. Great Opportunity. X Flood

15. 2026-05-18
    listed $250,000 Active

    Show marketing remark (183 chars)

    Double Opportunity, first time home buyers also owner occupants also investors. No Carpet, Live in one side and let the other side go towards your mortgage. Great Opportunity. X Flood

16. 2025-12-21
    historical $1,250
17. 2025-12-17
    price $245,000
18. 2025-12-17
    price $245,000
19. 2025-11-27
    price $1,250
20. 2025-11-25
    price $1,285
21. 2025-11-23
    listed $1,425
22. 2025-11-12
    price $249,000
23. 2025-11-09
    price $249,000
24. 2025-11-01
    listed $255,000 Active
25. 2024-03-15
    soldstatus $131,500
26. 2006-09-13
    soldstatus $33,500
27. 2004-04-12
    soldstatus $125,000

ⓘ 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: $1,800 · $150/mo
• Projected year-2 tax: $1,800 · $150/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 · 22 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

Taxation est. · year 1

• Rental income: $35,964
• − Mortgage interest: −$14,004
• − Property taxes: −$1,800
• − Insurance: −$2,048
• − Repairs & maintenance: −$2,877
• − Management: −$2,877
• − Depreciation: −$7,273
• Taxable income: $5,086
• Est. tax owed @ 24.0%: −$1,221
• After-tax cash flow: $7,611/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)

No district data.

Livability — Chalmette

• Score: 65/100
• State rank: #137
• US rank: #12500

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Chalmette, LA
• County: Saint Bernard Parish · 22,638 people
• City population: 22,638
• Metro: New Orleans-Metairie, LA
• Population (ZIP): 22,638
• Household income: $55,068
• Rent vs Own: 39.0% rent · 61.0% own
• Severe rent burden: 881.0

Population outlook (St. Bernard County) Hauer SSP2

• Today (2025): 66,513 people
• By 2030: 77,768 · +16.9%
• By 2040: 101,296 · +52.3%
• By 2050: 125,770 · +89.1%
• By 2075: 188,160 · +182.9%
• By 2100: 239,339 · +259.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.61)
• Race & ethnicity: White 55% Black 26% Hispanic / Latino 12% Two or more races 10% Asian 2%
• Hispanic origin (detail): Mexican 2%
• Common ancestry: Lithuanian 13% Slovak 2%
• Foreign-born: 6% · Canada, Vietnam
• Languages at home: 88% English-only · Spanish 8% Arabic 1% Vietnamese 1%

Political lean MEDSL · St. Bernard

• 2024 margin: Strong R (+29.3) · D 34.5% · R 63.8% · Other 1.7%
• 2008→2024 swing: +16.1pp toward D · 2008: -45.4pp · 2024: -29.3pp
• All cycles: 2024: R+29.3 2020: R+28.5 2016: R+33.4 2012: R+24.7 2008: R+45.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -211.77%
• Current HPI: 194.8123
• Rent YoY: ▲ 3.11%
• 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

+100.0% since first listed

14 events — show timeline

• 2026-05-18 Listed $250,000 GSREIN
• 2026-05-18 Listed $250,000 AcadianaMLS
• 2025-12-21 Rental Removed $1,250 BUILDIUM
• 2025-12-17 Price Changed $245,000 AcadianaMLS
• 2025-12-17 Price Changed $245,000 GSREIN
• 2025-11-27 Price Changed $1,250 BUILDIUM
• 2025-11-25 Price Changed $1,285 BUILDIUM
• 2025-11-23 Listed for Rent $1,425 BUILDIUM
• 2025-11-12 Price Changed $249,000 AcadianaMLS
• 2025-11-09 Price Changed $249,000 GSREIN
• 2025-11-01 Listed $255,000 AcadianaMLS
• 2024-03-15 Sold (Public Records) $131,500 Public Records
• 2006-09-13 Sold (Public Records) $33,500 Public Records
• 2004-04-12 Sold (Public Records) $125,000 Public Records

Property tax history

+2.7%/yr

Latest (2025): $1,800 · +15.2% YoY. Source: county tax records.