34061 Tupelo Ln · Slidell, LA 70460

$199,900

3 bd · 2.0 ba · 1,450 sqft · SingleFamily public records · 101 Days on market

Built 1962 0.31 ac lot $138/sqft · 7% below area Est $216k · 8% 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 +20.5/30.0
• ARV discount +10.9/15.0
• DSCR +6.5/10.0
• 1% rule +4.4/10.0
• Schools +4.3/10.0
• Rent growth +4.0/5.0
• Livability +3.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome home to this beautifully renovated 3-bedroom, 2-bathroom gem situated on a spacious, double-fenced lot in Ozone Acres! Boasting 1,457 square feet of open-concept living space, this home is freshly painted, flooded with natural light, and features easy-to-maintain wood floors throughout. The true heart of this home is the stunning cook's kitchen, built to impress with rich cabinetry, elegant black granite countertops, a walk-in pantry, double wall ovens, a large cooktop, and a triple sink. After a long day, retreat to the primary suite, which offers a relaxing oasis complete with a large soaker tub. Step outside and sip your morning coffee on the sprawling, covered front porch, deep enough to comfortably fit an outdoor sofa and chairs. The massive, fully fenced backyard offers plenty of room to spread out, play, and entertain. It also includes a large lofted shed with double doors and windows--perfect for a dedicated workshop, hobby space, or extra storage! An oversized double driveway provides ample parking for family and guests. Conveniently located just 5 minutes from Airport Road shopping and dining, and only 6 minutes from the interstate for an easy commute, all while enjoying the peace of being just outside the city limits. Move-in ready and packed with charm--this one won't last long!

Key facts

• Renovated
• Large cooktop
• Double fenced lot

Tags

• RENOVATED
• DOUBLE FENCED LOT
• COOK'S KITCHEN
• WALK-IN PANTRY
• DOUBLE WALL OVENS
• LARGE COOKTOP

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $200k.

Deal economics

• At list price, monthly cash flow is $-162 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $171k (14.3% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $188k (6.2% below list).
• Recommended offer: $171k (14.3% below list) — sets the bar for cash-flow.
• Cap rate 7.9% 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.
• Zoned schools: Bayou Woods Elementary School (math 52% / reading 47%, grade D, #129 of 646 statewide, top 21%, 432 students, 72% FRL); Slidell Junior High School (math 25% / reading 47%, grade F, #84 of 218 statewide, top 41%, 823 students, 60% FRL); Slidell High School (math 34% / reading 41%, grade F, #93 of 265 statewide, top 36%, 1,883 students, 52% FRL) — zoned schools average 61% FRL vs 40% district-wide (22 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising fast (+5.9%/yr); 246 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 1,064 units permitted in St. Tammany Parish in 2024 (0 in 5+ unit buildings).
• This rent runs 36% of the median local income ($63k/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.
• St. Tammany County population projected at +27% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 101 days — a 9% lower offer ($182k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 4y 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.

Risks & watch-outs

• Watch-outs: 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; moderate wildfire risk; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $171,237 (14.3% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 101 days. Have you received any prior offers? Is the seller open to a 14% concession, seller financing, or rate buy-down credit?
3. Built in 1962 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. 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?
8. 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.
9. 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.
10. 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: 0.94% ✗
• Cap rate: 7.88%
• Cash-on-cash: 5.67%
• DSCR: 1.25
• GRM: 8.9

CMA / ARV

• ARV (median comp): $216,128
• List price: $199,900
• Delta: -7.51%
• 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
34076 Tupelo Ln	0.04mi	3/2.0	1,450 (0%)	1mo	$223,500	$154	97
34092 Longleaf Ln	0.18mi	3/2.0	1,436 (-1%)	15mo	$170,000	$118	78
34019 Longleaf Ln	0.13mi	3/2.0	1,345 (-7%)	13mo	$192,500	$143	71
58423 Holly Dr	0.20mi	3/2.0	1,507 (+4%)	16mo	$210,433	$140	71
34117 Live Oak Ln	0.12mi	3/2.5	1,570 (+8%)	15mo	$220,000	$140	66
34056 Stanley St	0.29mi	3/2.0	1,624 (+12%)	1mo	$195,000	$120	66
34050 Live Oak Ln	0.10mi	3/1.0	1,297 (-11%)	10mo	$53,000	$41	65
58382 Holly Dr	0.27mi	3/2.0	1,542 (+6%)	16mo	$215,000	$139	64
34159 Tupelo Ln	0.17mi	3/1.0	1,318 (-9%)	11mo	$150,000	$114	63
58091 Saint Genevieve Ln	0.56mi	3/2.0	1,253 (-14%)	2mo	$210,000	$168	49
58275 Harbor Rd	0.71mi	3/2.0	1,344 (-7%)	9mo	$157,000	$117	47
2111 Mallard St	0.74mi	3/2.5	1,365 (-6%)	16mo	$205,000	$150	40

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 · 5.91% rent growth · sell at horizon

5-year hold

• IRR: -18.2%
• Equity multiple: 0.34×
• Total profit: $-36,887
• Equity at exit: $29,806

10-year hold

• IRR: -4.7%
• Equity multiple: 0.64×
• Total profit: $-20,046
• Equity at exit: $17,284

Cash invested: $55,972 (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 70460

• Rents YoY: 5.9%
• Active inventory: 246
• Price-to-rent: 8.9×

Monthly cashflow live

• Estimated rent: $1,875 medium
• Mortgage (P&I): −$1,048
• Tax from tax record: −$85 /mo · $1,026/yr
• Insurance: −$83
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$394
• Net cashflow: $-162

Break-even live

Break-even rent $2,081

Max offer price $171,237

Occupancy floor —

Sensitivity live

Price	-10% $-49	-5% $-106	+0% $-162	+5% $-219	+10% $-275
Rent	-10% $-310	-5% $-236	+0% $-162	+5% $-88	+10% $-14
Rate	-1.0pp $-62	-0.5pp $-111	base $-162	+0.5pp $-214	+1.0pp $-267

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: $49,975
• Closing costs: $5,997
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
34081 Stanley St Slidell, LA	3.0	2.5	1832	$1,950	$1.06	3d	1	0.28mi
2322 Mallard St Slidell, LA	3.0	2.0	1400	$1,600	$1.14	45d	1	0.98mi
2402 Pelican St Slidell, LA	3.0	2.0	1400	$1,700	$1.21	25d	1	1.17mi
2519 Crane St Slidell, LA	3.0	2.0	1160	$1,600	$1.38	25d	1	1.39mi

Listing history 31 events

1. 2026-06-21
   days on market $199,900 Active 101 DOM
2. 2026-06-18
   days on market $199,900 Active 98 DOM
3. 2026-06-17
   days on market $199,900 Active 97 DOM
4. 2026-06-16
   days on market $199,900 Active 96 DOM
5. 2026-06-15
   days on market $199,900 Active 95 DOM
6. 2026-06-13
   days on market $199,900 Active 93 DOM
7. 2026-06-10
   days on market $199,900 Active 90 DOM
8. 2026-06-09
   days on market $199,900 Active 89 DOM
9. 2026-06-08
   days on market $199,900 Active 88 DOM
10. 2026-06-07
    days on market $199,900 Active 87 DOM
11. 2026-06-03
    days on market $199,900 Active 83 DOM
12. 2026-06-02
    days on market $199,900 Active 82 DOM
13. 2026-06-01
    days on market $199,900 Active 81 DOM
14. 2026-05-31
    days on market $199,900 Active 80 DOM
15. 2026-04-17
    price $199,900 1319-char remark

    Show marketing remark (1329 chars)

    Welcome home to this beautifully renovated 3-bedroom, 2-bathroom gem situated on a spacious, double-fenced lot in Ozone Acres! Boasting 1,457 square feet of open-concept living space, this home is freshly painted, flooded with natural light, and features easy-to-maintain wood floors throughout. The true heart of this home is the stunning cook's kitchen, built to impress with rich cabinetry, elegant black granite countertops, a walk-in pantry, double wall ovens, a large cooktop, and a triple sink. After a long day, retreat to the primary suite, which offers a relaxing oasis complete with a large soaker tub. Step outside and sip your morning coffee on the sprawling, covered front porch, deep enough to comfortably fit an outdoor sofa and chairs. The massive, fully fenced backyard offers plenty of room to spread out, play, and entertain. It also includes a large lofted shed with double doors and windows—perfect for a dedicated workshop, hobby space, or extra storage! An oversized double driveway provides ample parking for family and guests. Conveniently located just 5 minutes from Airport Road shopping and dining, and only 6 minutes from the interstate for an easy commute, all while enjoying the peace of being just outside the city limits. Move-in ready and packed with charm—this one won't last long!

16. 2026-04-17
    price $199,900 1329-char remark

    Show marketing remark (1329 chars)

    Welcome home to this beautifully renovated 3-bedroom, 2-bathroom gem situated on a spacious, double-fenced lot in Ozone Acres! Boasting 1,457 square feet of open-concept living space, this home is freshly painted, flooded with natural light, and features easy-to-maintain wood floors throughout. The true heart of this home is the stunning cook's kitchen, built to impress with rich cabinetry, elegant black granite countertops, a walk-in pantry, double wall ovens, a large cooktop, and a triple sink. After a long day, retreat to the primary suite, which offers a relaxing oasis complete with a large soaker tub. Step outside and sip your morning coffee on the sprawling, covered front porch, deep enough to comfortably fit an outdoor sofa and chairs. The massive, fully fenced backyard offers plenty of room to spread out, play, and entertain. It also includes a large lofted shed with double doors and windows—perfect for a dedicated workshop, hobby space, or extra storage! An oversized double driveway provides ample parking for family and guests. Conveniently located just 5 minutes from Airport Road shopping and dining, and only 6 minutes from the interstate for an easy commute, all while enjoying the peace of being just outside the city limits. Move-in ready and packed with charm—this one won't last long!

17. 2026-03-12
    listed $209,900 Active 1319-char remark

    Show marketing remark (1329 chars)

    Welcome home to this beautifully renovated 3-bedroom, 2-bathroom gem situated on a spacious, double-fenced lot in Ozone Acres! Boasting 1,457 square feet of open-concept living space, this home is freshly painted, flooded with natural light, and features easy-to-maintain wood floors throughout. The true heart of this home is the stunning cook's kitchen, built to impress with rich cabinetry, elegant black granite countertops, a walk-in pantry, double wall ovens, a large cooktop, and a triple sink. After a long day, retreat to the primary suite, which offers a relaxing oasis complete with a large soaker tub. Step outside and sip your morning coffee on the sprawling, covered front porch, deep enough to comfortably fit an outdoor sofa and chairs. The massive, fully fenced backyard offers plenty of room to spread out, play, and entertain. It also includes a large lofted shed with double doors and windows—perfect for a dedicated workshop, hobby space, or extra storage! An oversized double driveway provides ample parking for family and guests. Conveniently located just 5 minutes from Airport Road shopping and dining, and only 6 minutes from the interstate for an easy commute, all while enjoying the peace of being just outside the city limits. Move-in ready and packed with charm—this one won't last long!

18. 2026-03-12
    listed $209,900 Active 1329-char remark

    Show marketing remark (1329 chars)

    Welcome home to this beautifully renovated 3-bedroom, 2-bathroom gem situated on a spacious, double-fenced lot in Ozone Acres! Boasting 1,457 square feet of open-concept living space, this home is freshly painted, flooded with natural light, and features easy-to-maintain wood floors throughout. The true heart of this home is the stunning cook's kitchen, built to impress with rich cabinetry, elegant black granite countertops, a walk-in pantry, double wall ovens, a large cooktop, and a triple sink. After a long day, retreat to the primary suite, which offers a relaxing oasis complete with a large soaker tub. Step outside and sip your morning coffee on the sprawling, covered front porch, deep enough to comfortably fit an outdoor sofa and chairs. The massive, fully fenced backyard offers plenty of room to spread out, play, and entertain. It also includes a large lofted shed with double doors and windows—perfect for a dedicated workshop, hobby space, or extra storage! An oversized double driveway provides ample parking for family and guests. Conveniently located just 5 minutes from Airport Road shopping and dining, and only 6 minutes from the interstate for an easy commute, all while enjoying the peace of being just outside the city limits. Move-in ready and packed with charm—this one won't last long!

19. 2025-11-04
    price $209,900
20. 2025-11-04
    price $209,900
21. 2025-10-27
    price $212,000
22. 2025-10-27
    price $212,000
23. 2025-10-19
    price $214,000
24. 2025-10-19
    price $214,000
25. 2025-10-02
    listed $220,000 Active
26. 2022-08-11
    soldstatus $200,000
27. 2022-08-10
    soldstatus $200,000 Closed
28. 2022-07-19
    status Pending
29. 2022-07-15
    listed $199,500
30. 2022-07-15
    listed $199,500 Active
31. 2002-04-15
    soldstatus $50,000

ⓘ 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: $1,026 · $85/mo
• Projected year-2 tax: $1,099 · $92/mo
• Expected delta: +$74/yr (+$6/mo · 7.2%)

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

Climate risk First Street

• 🌊 Flood 8/10 Severe FEMA zone AE · 99% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 10/10 Extreme 7 d/yr ≥108°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: $22,501
• − Mortgage interest: −$11,198
• − Property taxes: −$1,026
• − Insurance: −$6,118
• − Repairs & maintenance: −$1,800
• − Management: −$1,800
• − Depreciation: −$5,815
• Taxable loss: −$5,255
• Est. tax savings @ 24.0%: +$1,261
• After-tax cash flow: $-686/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): 21,669
• Household income: $62,565
• Rent vs Own: 22.0% rent · 78.0% own
• Severe rent burden: 318.0

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 0.62)
• Race & ethnicity: White 53% Black 29% Two or more races 11% Hispanic / Latino 10% Pacific Islander 2%
• Hispanic origin (detail): Mexican 3%
• Common ancestry: Lithuanian 13% Slovak 1% Italian 1%
• Foreign-born: 5% · Canada
• Languages at home: 92% English-only · Spanish 6%

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: ▼ -93.87%
• Current HPI: 130.56
• Rent YoY: ▲ 5.91%
• 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

+299.8% since first listed

17 events — show timeline

• 2026-04-17 Price Changed $199,900 AcadianaMLS
• 2026-04-17 Price Changed $199,900 GSREIN
• 2026-03-12 Listed $209,900 GSREIN
• 2026-03-12 Listed $209,900 AcadianaMLS
• 2025-11-04 Price Changed $209,900 AcadianaMLS
• 2025-11-04 Price Changed $209,900 GSREIN
• 2025-10-27 Price Changed $212,000 AcadianaMLS
• 2025-10-27 Price Changed $212,000 GSREIN
• 2025-10-19 Price Changed $214,000 AcadianaMLS
• 2025-10-19 Price Changed $214,000 GSREIN
• 2025-10-02 Listed $220,000 AcadianaMLS
• 2022-08-11 Sold (Public Records) $200,000 Public Records
• 2022-08-10 Sold (MLS) $200,000 GSREIN
• 2022-07-19 Pending — GSREIN
• 2022-07-15 Listed $199,500 GSREIN
• 2022-07-15 Listed $199,500 AcadianaMLS
• 2002-04-15 Sold (Public Records) $50,000 Public Records

Property tax history

-2.3%/yr

Latest (2025): $1,026 · -3.8% YoY. Source: county tax records.