2220 34th St · Kenner, LA 70065

$199,900

4 bd · 1.5 ba · 1,200 sqft · SingleFamily · 71 Days on market

Built 1971 5,501 sqft lot $167/sqft · 26% below area Est $270k · 26% under ↓ 5% since listing

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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 +24.6/30.0
• ARV discount +15.0/15.0
• DSCR +7.9/10.0
• 1% rule +5.2/10.0
• Livability +3.9/5.0
• Schools +2.5/10.0
• Condition / age +2.5/5.0
• Rent growth +1.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Charming 4-Bedroom Opportunity - Perfect Starter Home or Investment! Welcome to 2220 34th Street--a quaint and inviting 4-bedroom, 1.5-bath home full of potential! Whether you're a first-time buyer looking to create your dream space or an investor seeking your next flip, this property offers a fantastic opportunity. Conveniently located near grocery stores, restaurants, shopping, the New Orleans International Airport and with easy access to the interstate, you'll enjoy a quick commute with downtown New Orleans just 15 minutes away. This home features a spacious layout and sits on a large, fenced yard--great for creating an outdoor space or future expansion. Major updates have already been taken care of, including the roof that's only 3yr old, water heater replaced in 2023 and new HVAC system in 2019, giving you a solid foundation to build on. Washer and dryer included! Don't miss your chance to renovate and make this home your own or add a valuable asset to your portfolio--schedule your showing today!

Key facts

• 5,501 sq ft lot
• Parking
• Built 1971

What this means for you Summary

Snapshot

• This is a 4-bed/1.5-bath single-family listed at $200k.

Deal economics

• At list price, monthly cash flow is $412 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $200k).
• Recommended offer: $188k (6.0% below list) — sets the bar for market timing.
• Cap rate 8.8% vs local median 5.3% in Kenner — 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 78/100 on livability (#6 in LA, #2,414 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities C-, employment C-, crime D.
• Jefferson Parish (suburban): math 24% / reading 34% proficiency, ranked #44 of 98 in LA (top 45%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 70% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents falling (-4.2%/yr); 292 active listings in the ZIP; 21 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 43% of comp listings sitting > 30 days — soft ceiling on asking rent; 518 units permitted in Jefferson Parish in 2024 (43 in 5+ unit buildings).
• This rent runs 36% of the median local income ($67k/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.

Negotiation context

• It's been on market 71 days — a 6% lower offer ($188k) 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.

Recommended offer $187,906 (6.0% below list)

Questions for the listing agent

1. It's been on market 71 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1971 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. Crime grade is D 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?
6. 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.
7. 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.
8. 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: 1.02% ✓
• Cap rate: 8.76%
• Cash-on-cash: 8.83%
• DSCR: 1.39
• GRM: 8.2

CMA / ARV

• ARV (median comp): $270,102
• List price: $199,900
• Delta: -25.99%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
7805 Monett St	0.43mi	3/2.0 (-1)	1,207 (+1%)	6mo	$199,000	$165	66
3217 Kentucky Ave	0.31mi	3/2.0 (-1)	1,200 (0%)	16mo	$125,000	$104	65
3140 Iowa Ave	0.31mi	3/2.0 (-1)	1,132 (-6%)	7mo	$220,000	$194	63
3520 Colorado Ave	0.51mi	3/1.0 (-1)	1,231 (+3%)	4mo	$150,000	$122	62
3512 California Ave	0.55mi	3/1.0 (-1)	1,134 (-6%)	0mo	$105,000	$93	58
3612 California Ave	0.60mi	3/1.0 (-1)	1,281 (+7%)	3mo	$125,000	$98	52
3620 Arkansas Ave	0.67mi	3/1.0 (-1)	1,269 (+6%)	4mo	$119,900	$94	49
3109 Kentucky Ave	0.41mi	3/2.0 (-1)	1,346 (+12%)	13mo	$170,000	$126	43
3711 Arkansas Ave	0.73mi	3/1.0 (-1)	1,300 (+8%)	3mo	$85,000	$65	42
3807 Colorado Ave	0.71mi	4/3.0	1,334 (+11%)	8mo	$236,500	$177	36
3606 Arizona Ave	0.69mi	4/1.5	1,335 (+11%)	17mo	$238,000	$178	35
3113 Michigan Ave	0.67mi	3/2.5 (-1)	1,342 (+12%)	13mo	$290,000	$216	29

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -6.1%
• Equity multiple: 0.78×
• Total profit: $-12,223
• Equity at exit: $29,806

10-year hold

• IRR: -0.1%
• Equity multiple: 0.99×
• Total profit: $-291
• 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 70065

• Rents YoY: -4.2%
• Active inventory: 292
• Price-to-rent: 8.2×

Monthly cashflow live

• Estimated rent: $2,038 high
• Mortgage (P&I): −$1,048
• Tax from tax record: −$67 /mo · $801/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$428
• Net cashflow: $412

Break-even live

Break-even rent $1,517

Max offer price $199,900

Occupancy floor 75%

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 21 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
61 Emile Ave Kenner, LA	3.0	2.0	1450	$1,900	$1.31	44d	1	0.13mi
3101 Kansas Ave Kenner, LA	3.0	2.0	1500	$2,000	$1.33	14d	1	0.40mi
3423 Delaware Ave Kenner, LA	4.0	2.0	1215	$1,800	$1.48	4d	1	0.41mi
3611 Arizona Ave Kenner, LA	4.0	2.0	1287	$1,900	$1.48	4d	1	0.75mi
1500 W Esplanade Ave Kenner, LA	2.0–3.0	2.0	1587	$2,000	$1.26	44d	1	0.86mi
1516 Mayfield St Kenner, LA	3.0	2.0	1407	$1,900	$1.35	44d	1	0.88mi
1516 Mayfield St Kenner, LA	3.0	2.0	1407	$1,900	$1.35	44d	1	0.88mi
4018 Arkansas Ave Kenner, LA	3.0	2.0	1200	$1,800	$1.50	3d	1	1.02mi
1717 42nd St Unit D Kenner, LA	3.0	2.0	1380	$1,550	$1.12	44d	1	1.10mi
6508 Wilty St Metairie, LA	3.0	2.0	1300	$2,000	$1.54	24d	1	1.11mi
1600 Newport Pl #4 Kenner, LA	3.0	2.0	1400	$1,550	$1.11	3d	1	1.13mi
1620 Newport Pl Kenner, LA	3.0	2.0	1450	$1,550	$1.07	4d	1	1.16mi
1616 Newport Pl Unit A Kenner, LA	3.0	2.0	1100	$1,500	$1.36	44d	1	1.17mi
6301 Wilty St Metairie, LA	3.0	2.0	1340	$2,000	$1.49	3d	1	1.25mi
8817 25th St Metairie, LA	3.0	1.0	1390	$2,100	$1.51	4d	1	1.31mi
4312 Tartan Dr Metairie, LA	4.0	2.0	1500	$2,150	$1.43	24d	1	1.39mi
2714 Tifton St Kenner, LA	3.0	2.0	1275	$1,800	$1.41	44d	1	1.40mi
2723 Tifton Ave Kenner, LA	3.0	2.0	1200	$1,800	$1.50	24d	1	1.40mi
2710 Helena St Kenner, LA	3.0	1.5	1400	$1,200	$0.86	14d	1	1.45mi
6217 Leslie St Metairie, LA	3.0	1.0	1300	$1,800	$1.38	44d	1	1.45mi
2700 Helena St Kenner, LA	3.0	1.5	1355	$1,700	$1.25	44d	1	1.46mi

Listing history 22 events

1. 2026-06-18
   days on market $199,900 Active 71 DOM
2. 2026-06-17
   days on market $199,900 Active 70 DOM
3. 2026-06-16
   days on market $199,900 Active 69 DOM
4. 2026-06-15
   days on market $199,900 Active 68 DOM
5. 2026-06-13
   days on market $199,900 Active 66 DOM
6. 2026-06-10
   days on market $199,900 Active 63 DOM
7. 2026-06-09
   days on market $199,900 Active 62 DOM
8. 2026-06-08
   days on market $199,900 Active 61 DOM
9. 2026-06-07
   days on market $199,900 Active 60 DOM
10. 2026-06-03
    days on market $199,900 Active 56 DOM
11. 2026-06-02
    days on market $199,900 Active 55 DOM
12. 2026-06-01
    days on market $199,900 Active 54 DOM
13. 2026-05-31
    days on market $199,900 Active 53 DOM
14. 2026-05-01
    status Active 1016-char remark

    Show marketing remark (1061 chars)

    Charming 4-Bedroom Opportunity – Perfect Starter Home or Investment! Welcome to 2220 34th Street—a quaint and inviting 4-bedroom, 1.5-bath home full of potential! Whether you’re a first-time buyer looking to create your dream space or an investor seeking your next flip, this property offers a fantastic opportunity. Conveniently located near grocery stores, restaurants, shopping, the New Orleans International Airport and with easy access to the interstate, you’ll enjoy a quick commute with downtown New Orleans just 15 minutes away. This home features a spacious layout and sits on a large, fenced yard—great for creating an outdoor space or future expansion. Major updates have already been taken care of, including the roof that’s only 3yr old, water heater replaced in 2023 and new HVAC system in 2019, giving you a solid foundation to build on. Washer and dryer included! Don’t miss your chance to renovate and make this home your own or add a valuable asset to your portfolio—schedule your showing today!

15. 2026-05-01
    price $199,900 1016-char remark

    Show marketing remark (1061 chars)

    Charming 4-Bedroom Opportunity – Perfect Starter Home or Investment! Welcome to 2220 34th Street—a quaint and inviting 4-bedroom, 1.5-bath home full of potential! Whether you’re a first-time buyer looking to create your dream space or an investor seeking your next flip, this property offers a fantastic opportunity. Conveniently located near grocery stores, restaurants, shopping, the New Orleans International Airport and with easy access to the interstate, you’ll enjoy a quick commute with downtown New Orleans just 15 minutes away. This home features a spacious layout and sits on a large, fenced yard—great for creating an outdoor space or future expansion. Major updates have already been taken care of, including the roof that’s only 3yr old, water heater replaced in 2023 and new HVAC system in 2019, giving you a solid foundation to build on. Washer and dryer included! Don’t miss your chance to renovate and make this home your own or add a valuable asset to your portfolio—schedule your showing today!

16. 2026-05-01
    price $199,900 1061-char remark

    Show marketing remark (1061 chars)

    Charming 4-Bedroom Opportunity – Perfect Starter Home or Investment! Welcome to 2220 34th Street—a quaint and inviting 4-bedroom, 1.5-bath home full of potential! Whether you’re a first-time buyer looking to create your dream space or an investor seeking your next flip, this property offers a fantastic opportunity. Conveniently located near grocery stores, restaurants, shopping, the New Orleans International Airport and with easy access to the interstate, you’ll enjoy a quick commute with downtown New Orleans just 15 minutes away. This home features a spacious layout and sits on a large, fenced yard—great for creating an outdoor space or future expansion. Major updates have already been taken care of, including the roof that’s only 3yr old, water heater replaced in 2023 and new HVAC system in 2019, giving you a solid foundation to build on. Washer and dryer included! Don’t miss your chance to renovate and make this home your own or add a valuable asset to your portfolio—schedule your showing today!

17. 2026-05-01
    status Active 1061-char remark

    Show marketing remark (1061 chars)

    Charming 4-Bedroom Opportunity – Perfect Starter Home or Investment! Welcome to 2220 34th Street—a quaint and inviting 4-bedroom, 1.5-bath home full of potential! Whether you’re a first-time buyer looking to create your dream space or an investor seeking your next flip, this property offers a fantastic opportunity. Conveniently located near grocery stores, restaurants, shopping, the New Orleans International Airport and with easy access to the interstate, you’ll enjoy a quick commute with downtown New Orleans just 15 minutes away. This home features a spacious layout and sits on a large, fenced yard—great for creating an outdoor space or future expansion. Major updates have already been taken care of, including the roof that’s only 3yr old, water heater replaced in 2023 and new HVAC system in 2019, giving you a solid foundation to build on. Washer and dryer included! Don’t miss your chance to renovate and make this home your own or add a valuable asset to your portfolio—schedule your showing today!

18. 2026-04-30
    status Pending 1016-char remark

    Show marketing remark (1016 chars)

    Charming 4-Bedroom Opportunity - Perfect Starter Home or Investment! Welcome to 2220 34th Street--a quaint and inviting 4-bedroom, 1.5-bath home full of potential! Whether you're a first-time buyer looking to create your dream space or an investor seeking your next flip, this property offers a fantastic opportunity. Conveniently located near grocery stores, restaurants, shopping, the New Orleans International Airport and with easy access to the interstate, you'll enjoy a quick commute with downtown New Orleans just 15 minutes away. This home features a spacious layout and sits on a large, fenced yard--great for creating an outdoor space or future expansion. Major updates have already been taken care of, including the roof that's only 3yr old, water heater replaced in 2023 and new HVAC system in 2019, giving you a solid foundation to build on. Washer and dryer included! Don't miss your chance to renovate and make this home your own or add a valuable asset to your portfolio--schedule your showing today!

19. 2026-04-29
    status Pending 1061-char remark

    Show marketing remark (1061 chars)

    Charming 4-Bedroom Opportunity – Perfect Starter Home or Investment! Welcome to 2220 34th Street—a quaint and inviting 4-bedroom, 1.5-bath home full of potential! Whether you’re a first-time buyer looking to create your dream space or an investor seeking your next flip, this property offers a fantastic opportunity. Conveniently located near grocery stores, restaurants, shopping, the New Orleans International Airport and with easy access to the interstate, you’ll enjoy a quick commute with downtown New Orleans just 15 minutes away. This home features a spacious layout and sits on a large, fenced yard—great for creating an outdoor space or future expansion. Major updates have already been taken care of, including the roof that’s only 3yr old, water heater replaced in 2023 and new HVAC system in 2019, giving you a solid foundation to build on. Washer and dryer included! Don’t miss your chance to renovate and make this home your own or add a valuable asset to your portfolio—schedule your showing today!

20. 2026-04-07
    listed $209,900 Active 1016-char remark

    Show marketing remark (1061 chars)

    Charming 4-Bedroom Opportunity – Perfect Starter Home or Investment! Welcome to 2220 34th Street—a quaint and inviting 4-bedroom, 1.5-bath home full of potential! Whether you’re a first-time buyer looking to create your dream space or an investor seeking your next flip, this property offers a fantastic opportunity. Conveniently located near grocery stores, restaurants, shopping, the New Orleans International Airport and with easy access to the interstate, you’ll enjoy a quick commute with downtown New Orleans just 15 minutes away. This home features a spacious layout and sits on a large, fenced yard—great for creating an outdoor space or future expansion. Major updates have already been taken care of, including the roof that’s only 3yr old, water heater replaced in 2023 and new HVAC system in 2019, giving you a solid foundation to build on. Washer and dryer included! Don’t miss your chance to renovate and make this home your own or add a valuable asset to your portfolio—schedule your showing today!

21. 2026-04-07
    listed $209,900 Active 1061-char remark

    Show marketing remark (1061 chars)

    Charming 4-Bedroom Opportunity – Perfect Starter Home or Investment! Welcome to 2220 34th Street—a quaint and inviting 4-bedroom, 1.5-bath home full of potential! Whether you’re a first-time buyer looking to create your dream space or an investor seeking your next flip, this property offers a fantastic opportunity. Conveniently located near grocery stores, restaurants, shopping, the New Orleans International Airport and with easy access to the interstate, you’ll enjoy a quick commute with downtown New Orleans just 15 minutes away. This home features a spacious layout and sits on a large, fenced yard—great for creating an outdoor space or future expansion. Major updates have already been taken care of, including the roof that’s only 3yr old, water heater replaced in 2023 and new HVAC system in 2019, giving you a solid foundation to build on. Washer and dryer included! Don’t miss your chance to renovate and make this home your own or add a valuable asset to your portfolio—schedule your showing today!

22. 1984-08-01
    soldstatus

ⓘ 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: $801 · $67/mo
• Projected year-2 tax: $1,099 · $92/mo
• Expected delta: +$298/yr (+$25/mo · 37.2%)

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

Taxation est. · year 1

• Rental income: $24,457
• − Mortgage interest: −$11,198
• − Property taxes: −$801
• − Insurance: −$1,000
• − Repairs & maintenance: −$1,957
• − Management: −$1,957
• − Depreciation: −$5,815
• Taxable income: $1,731
• Est. tax owed @ 24.0%: −$415
• After-tax cash flow: $4,526/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: Jefferson Parish
• NCES district ID: 2200840
• Math proficiency: 24% ▼ -36.00%
• Reading proficiency: 34% ▼ -30.00%
• Median HH income: $48,421
• Composite: 25.19/100
• National rank: #7511
• State rank: #44 of 98 in LA

Livability — Kenner

• Score: 78/100
• State rank: #6
• US rank: #2414

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Kenner, LA
• County: Jefferson Parish · 426,999 people
• City population: 66,707
• Metro: New Orleans-Metairie, LA
• Population (ZIP): 48,936
• Household income: $67,285
• Rent vs Own: 34.0% rent · 66.0% own
• Severe rent burden: 1906.0

Population outlook (Jefferson County) Hauer SSP2

• Today (2025): 451,696 people
• By 2030: 455,451 · +0.8%
• By 2040: 458,308 · +1.5%
• By 2050: 461,031 · +2.1%
• By 2075: 476,351 · +5.5%
• By 2100: 499,377 · +10.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.69)
• Race & ethnicity: White 47% Hispanic / Latino 27% Two or more races 15% Black 15% Asian 6%
• Hispanic origin (detail): Mexican 2% Puerto Rican 3% Cuban 2%
• Common ancestry: Lithuanian 9% Slovak 1% Italian 1%
• Foreign-born: 19% · Canada, China, Vietnam
• Languages at home: 72% English-only · Spanish 21% Other Indo-European 3% Arabic 1%

Political lean MEDSL · Jefferson

• 2024 margin: R (+12.9) · D 42.5% · R 55.5% · Other 2.1%
• 2008→2024 swing: +13.6pp toward D · 2008: -26.6pp · 2024: -12.9pp
• All cycles: 2024: R+12.9 2020: R+11.1 2016: R+14.8 2012: R+18.4 2008: R+26.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -214.79%
• Current HPI: 139.5115
• Rent YoY: ▼ -4.19%
• 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

-4.8% since first listed

9 events — show timeline

• 2026-05-01 Relisted — AcadianaMLS
• 2026-05-01 Price Changed $199,900 AcadianaMLS
• 2026-05-01 Price Changed $199,900 GSREIN
• 2026-05-01 Relisted — GSREIN
• 2026-04-30 Pending — AcadianaMLS
• 2026-04-29 Pending — GSREIN
• 2026-04-07 Listed $209,900 GSREIN
• 2026-04-07 Listed $209,900 AcadianaMLS
• 1984-08-01 Sold (Public Records) — Public Records

Property tax history

+2.0%/yr

Latest (2025): $801 · -0.4% YoY. Source: county tax records.