9100 02 Titans Dr · Chalmette, LA 70043

$249,900

4 bd · 2.0 ba · 1,700 sqft · MultiFamily · 83 Days on market

Built 1996 5,000 sqft lot $147/sqft · 8% above area Est $232k · 8% over

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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 +25.9/30.0
• DSCR +8.7/10.0
• 1% rule +6.5/10.0
• Schools +5.0/10.0
• ARV discount +4.1/15.0
• 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

This great income-producing duplex is located in a non-flood zone and fully rented, offering both peace of mind and excellent investment potential. Each unit features 2 spacious bedrooms and 1 bath, with durable hard surface flooring throughout for easy maintenance and appeal. Whether you're looking to expand your rental portfolio, start fresh with a smart investment, or those looking to live in one unit and rent out the other, this property is a perfect choice with its attractive layout and prime location.

Key facts

• 5,000 sq ft lot
• Parking
• Built 1996

What this means for you Summary

Snapshot

• This is a 2 × 2-bed/1.0-bath units multifamily listed at $250k.

Deal economics

• At list price, monthly cash flow is $547 ($7k/yr) — positive. Per door: $273/mo.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $250k).
• Recommended offer: $235k (6.0% below list) — sets the bar for market timing.
• Cap rate 9.2% 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; 22 comparable units currently listed for rent nearby; rentals at typical pace (median 16d on market — plan ~3-4 weeks tenant-placement turnaround); 112 units permitted in St. Bernard Parish in 2024 (0 in 5+ unit buildings).
• At $2,874/mo this rent would consume 63% 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 $7k 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.

Negotiation context

• It's been on market 83 days — a 6% lower offer ($235k) is reasonable based on typical stale-listing flexibility.
• 15 sale attempts since 13y 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 $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 $234,906 (6.0% below list)

Questions for the listing agent

1. It's been on market 83 days. Have you received any prior offers? Is the seller open to a 6% 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. 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. 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?
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 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: 1.15% ✓
• Cap rate: 9.24%
• Cash-on-cash: 10.52%
• DSCR: 1.47
• GRM: 7.2

CMA / ARV

• ARV (median comp): $232,185
• List price: $249,900
• Delta: 7.63%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3817 19 Juno Dr	0.12mi	4/2.0	1,700 (0%)	14mo	$255,000	$150	83
9101-9103 Atreus St	0.08mi	4/4.0	1,700 (0%)	11mo	$243,500	$143	79
4017-19 Jupiter Dr	0.07mi	4/2.0	1,804 (+6%)	11mo	$207,000	$115	78
9100-9102 Atreus St	0.05mi	4/2.0	1,668 (-2%)	24mo	$215,000	$129	75
74-76 Phillip Ct	0.44mi	4/2.0	1,920 (+13%)	1mo	$240,000	$125	57
422 24 W Genie St	0.46mi	4/2.0	1,543 (-9%)	22mo	$223,300	$145	45
8512 14 Valor Dr	0.60mi	4/2.0	1,933 (+14%)	11mo	$250,000	$129	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 · 3.11% rent growth · sell at horizon

5-year hold

• IRR: -2.0%
• Equity multiple: 0.92×
• Total profit: $-5,297
• Equity at exit: $37,261

10-year hold

• IRR: 7.8%
• Equity multiple: 1.60×
• Total profit: $41,723
• Equity at exit: $21,607

Cash invested: $69,972 (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 70043

• Rents YoY: 3.1%
• Active inventory: 209
• Price-to-rent: 14.5×

Monthly cashflow live

• Estimated rent: $2,874 high
• Mortgage (P&I): −$1,311
• Tax from tax record: −$242 /mo · $2,909/yr
• Insurance: −$104
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$604
• Net cashflow: $547

Break-even live

Break-even rent $2,182

Max offer price $249,900

Occupancy floor 76%

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

Units	Beds	Baths	Est. rent
▸ 2× units	2	1	$2,874
Total (2 units)			$2,874

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: $62,475
• Closing costs: $7,497
• Reserves months: —
• Total cash needed: —

Rent comps 22 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
9101 Virtue St Unit 9101 Chalmette, LA	3.0	2.0	1100	$1,690	$1.54	3d	1	0.11mi
3606 Pakenham Dr Unit 3606 Chalmette, LA	3.0	2.0	1400	$1,800	$1.29	12d	1	0.32mi
3617 Park Blvd Chalmette, LA	3.0	2.0	1090	$1,850	$1.70	44d	1	0.35mi
3617 Park Blvd Chalmette, LA	3.0	2.0	1090	$1,850	$1.70	20d	1	0.35mi
8600 Patricia St Chalmette, LA	3.0	2.0	1255	$1,550	$1.24	23d	1	0.41mi
8413 Benjamin Dr Chalmette, LA	3.0	2.0	1800	$2,300	$1.28	3d	1	0.46mi
3507 Sinclair St Chalmette, LA	3.0	2.0	1186	$1,800	$1.52	10d	1	0.49mi
3400 Montesquieu St Unit 1-B Chalmette, LA	3.0	2.5	1372	$2,550	$1.86	1d	1	0.75mi
3711 Tournefort St Chalmette, LA	3.0	2.0	1250	$1,850	$1.48	3d	1	0.78mi
511 E Genie St Chalmette, LA	3.0	2.0	1100	$1,500	$1.36	2d	1	0.96mi
2707 Jackson Blvd Chalmette, LA	3.0	3.0	1733	$2,300	$1.33	44d	1	0.97mi
2707 Jackson Blvd Chalmette, LA	3.0	2.5	1733	$2,300	$1.33	23d	1	0.97mi
3108 Tournefort St Chalmette, LA	3.0	2.0	1399	$1,750	$1.25	3d	1	0.98mi
3108 Laplace St Chalmette, LA	3.0	2.5	1390	$1,650	$1.19	44d	1	1.02mi
3106 Laplace St Chalmette, LA	3.0	2.5	1390	$1,650	$1.19	44d	1	1.04mi
3321 Plaza Dr Chalmette, LA	3.0	2.0	1400	$1,650	$1.18	10d	1	1.24mi
32 Old Hickory St Chalmette, LA	4.0	2.0	1379	$1,850	$1.34	23d	1	1.25mi
3708 Veronica Dr Chalmette, LA	3.0	2.0	1818	$2,550	$1.40	1d	1	1.26mi
114 8th St Chalmette, LA	3.0	1.0	1275	$1,695	$1.33	44d	1	1.28mi
424 Chinchilla Dr Arabi, LA	3.0	2.0	1735	$3,500	$2.02	16d	1	1.36mi
2518 Delambert St Chalmette, LA	3.0	2.0	1617	$1,825	$1.13	44d	1	1.38mi
309 Fawn Dr Arabi, LA	3.0	2.5	1745	$2,500	$1.43	1d	1	1.48mi

Listing history 37 events

1. 2026-06-18
   days on market $249,900 Active 83 DOM
2. 2026-06-17
   days on market $249,900 Active 82 DOM
3. 2026-06-16
   days on market $249,900 Active 81 DOM
4. 2026-06-15
   days on market $249,900 Active 80 DOM
5. 2026-06-13
   days on market $249,900 Active 78 DOM
6. 2026-06-10
   days on market $249,900 Active 75 DOM
7. 2026-06-09
   days on market $249,900 Active 74 DOM
8. 2026-06-08
   days on market $249,900 Active 73 DOM
9. 2026-06-07
   days on market $249,900 Active 72 DOM
10. 2026-06-03
    days on market $249,900 Active 68 DOM
11. 2026-06-02
    days on market $249,900 Active 67 DOM
12. 2026-06-01
    days on market $249,900 Active 66 DOM
13. 2026-05-31
    days on market $249,900 Active 65 DOM
14. 2026-03-27
    listed $249,900 Active 512-char remark

    Show marketing remark (512 chars)

    This great income-producing duplex is located in a non-flood zone and fully rented, offering both peace of mind and excellent investment potential. Each unit features 2 spacious bedrooms and 1 bath, with durable hard surface flooring throughout for easy maintenance and appeal. Whether you're looking to expand your rental portfolio, start fresh with a smart investment, or those looking to live in one unit and rent out the other, this property is a perfect choice with its attractive layout and prime location.

15. 2026-03-27
    listed $249,900 Active 512-char remark

    Show marketing remark (512 chars)

    This great income-producing duplex is located in a non-flood zone and fully rented, offering both peace of mind and excellent investment potential. Each unit features 2 spacious bedrooms and 1 bath, with durable hard surface flooring throughout for easy maintenance and appeal. Whether you're looking to expand your rental portfolio, start fresh with a smart investment, or those looking to live in one unit and rent out the other, this property is a perfect choice with its attractive layout and prime location.

16. 2025-12-05
    price $249,900
17. 2025-12-05
    price $249,900
18. 2025-09-23
    listed $255,000 Active
19. 2025-03-10
    listed $259,900 Active
20. 2024-09-09
    listed $259,900 Active
21. 2024-07-10
    historical $1,250
22. 2024-06-19
    listed $1,250
23. 2022-04-04
    soldstatus $225,000
24. 2022-03-31
    soldstatus $225,000 Closed
25. 2022-02-21
    status Pending
26. 2022-02-09
    listed $229,900
27. 2022-02-09
    listed $229,900 Active
28. 2018-04-20
    soldstatus $100,000
29. 2017-11-26
    listed $119,900
30. 2014-09-27
    listed $112,000
31. 2014-09-27
    listed $112,000
32. 2013-12-12
    listed $112,000
33. 2013-12-12
    listed $112,000
34. 2013-03-12
    listed $116,000
35. 2013-03-12
    listed $116,000
36. 2007-10-05
    soldstatus $40,000
37. 2003-10-13
    soldstatus $126,500

ⓘ 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: $2,909 · $242/mo
• Projected year-2 tax: $2,909 · $242/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: $34,488
• − Mortgage interest: −$13,998
• − Property taxes: −$2,909
• − Insurance: −$2,047
• − Repairs & maintenance: −$2,759
• − Management: −$2,759
• − Depreciation: −$7,270
• Taxable income: $2,746
• Est. tax owed @ 24.0%: −$659
• After-tax cash flow: $5,905/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

+97.5% since first listed

24 events — show timeline

• 2026-03-27 Listed $249,900 GSREIN
• 2026-03-27 Listed $249,900 AcadianaMLS
• 2025-12-05 Price Changed $249,900 AcadianaMLS
• 2025-12-05 Price Changed $249,900 GSREIN
• 2025-09-23 Listed $255,000 AcadianaMLS
• 2025-03-10 Listed $259,900 AcadianaMLS
• 2024-09-09 Listed $259,900 AcadianaMLS
• 2024-07-10 Rental Removed $1,250 GSMLSLA
• 2024-06-19 Listed for Rent $1,250 GSMLSLA
• 2022-04-04 Sold (Public Records) $225,000 Public Records
• 2022-03-31 Sold (MLS) $225,000 GSREIN
• 2022-02-21 Pending — GSREIN
• 2022-02-09 Listed $229,900 GSREIN
• 2022-02-09 Listed $229,900 AcadianaMLS
• 2018-04-20 Sold (Public Records) $100,000 Public Records
• 2017-11-26 Listed $119,900 AcadianaMLS
• 2014-09-27 Listed $112,000 GSREIN
• 2014-09-27 Listed $112,000 AcadianaMLS
• 2013-12-12 Listed $112,000 GSREIN
• 2013-12-12 Listed $112,000 AcadianaMLS
• 2013-03-12 Listed $116,000 GSREIN
• 2013-03-12 Listed $116,000 AcadianaMLS
• 2007-10-05 Sold (Public Records) $40,000 Public Records
• 2003-10-13 Sold (Public Records) $126,500 Public Records

Property tax history

+6.5%/yr

Latest (2025): $2,909 · -0.7% YoY. Source: county tax records.