CashFlowRE
Sign in Sign up
70476 2nd St
C- Composite 53.61
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 +17.2/30.0
  • ARV discount +13.4/15.0
  • DSCR +5.4/10.0
  • Schools +4.3/10.0
  • Livability +3.8/5.0
  • Rent growth +3.6/5.0
  • 1% rule +3.5/10.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$220,000

70476 2nd St · Covington, LA 70433
3 bd · 2.0 ba · 1,524 sqft · SingleFamily public records · 143 Days on market
Built 1997 6,394 sqft lot $144/sqft · 13% below area Est $253k · 13% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

BACK ON THE MARKET WITH A NEW ROOF IN FEBRUARY 2026! Move-in ready 3 bedroom, 2 bathroom home in Covington with quality finishes at an affordable price! Freshly power washed with major upgrades already done, including a new HVAC system and ductwork in 2024 and new pipes with water pump in 2025. The updated kitchen features granite countertops and new stainless steel appliances. Don't miss this turnkey opportunity!

Key facts

  • Water pump
  • New pipes
  • Updated kitchen

Tags

NEW HVAC SYSTEMNEW PIPESWATER PUMPUPDATED KITCHENGRANITE COUNTERTOPSNEW STAINLESS STEEL APPLIANCES

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath single-family listed at $220k.

Deal economics

  • At list price, monthly cash flow is $158 ($2k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $187k (14.8% below list).
  • Recommended offer: $187k (14.8% below list) — sets the bar for 1% rule.
  • Cap rate 7.2% vs local median 3.9% in Covington — 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 75/100 on livability (#17 in LA, #3,876 nationally) — a middle-class / working-renter tenant base. Strengths: employment 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 fast (+4.3%/yr); 524 active listings in the ZIP; 20 comparable units currently listed for rent nearby; rentals at typical pace (median 24d 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 $2k of loan paydown is wiped out by about $7k 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 143 days — a 12% lower offer ($194k) is reasonable based on typical stale-listing flexibility.
  • 12 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.
  • Current owner paid $158k; 39% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Climate carrying-cost: 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 $187,395 (14.8% below list)

Questions for the listing agent

  1. It's been on market 143 days. Have you received any prior offers? Is the seller open to a 15% concession, seller financing, or rate buy-down credit?
  2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. 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?
  5. 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.
  6. 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.
  7. 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
0.85%
Cap rate
7.16%
Cash-on-cash
3.08%
DSCR
1.14
GRM
9.8

CMA / ARV

ARV (median comp)
$252,942
List price
$220,000
Delta
-13.02%
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
70432 2nd St 0.11mi 3/2.0 1,347 (-12%) 2mo $227,500 $169 74
70281 C St 0.44mi 3/2.0 1,463 (-4%) 2mo $215,000 $147 71
70312 7th St 0.40mi 3/2.0 1,410 (-8%) 2mo $224,000 $159 67
711 Lionel Ct 0.63mi 3/2.0 1,497 (-2%) 1mo $270,000 $180 66
70325 L St 0.71mi 3/2.0 1,564 (+3%) 0mo $190,000 $121 63
106 Rue Merlot Dr 0.50mi 3/2.0 1,674 (+10%) 2mo $285,000 $170 59
4049 Monarch Ln 0.49mi 3/2.0 1,694 (+11%) 1mo $400,000 $236 58
70333 H St 0.52mi 4/2.0 (+1) 1,404 (-8%) 1mo $239,900 $171 57
70519 K St 0.58mi 3/2.0 1,374 (-10%) 1mo $257,000 $187 56
719 Stonewood Dr 0.67mi 3/2.0 1,663 (+9%) 2mo $280,000 $168 52
70311 11th St 0.58mi 3/2.0 1,335 (-12%) 3mo $235,000 $176 50
70381 L St 0.67mi 3/2.0 1,322 (-13%) 1mo $218,000 $165 46

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 · 4.31% rent growth · sell at horizon

5-year hold
IRR
-10.2%
Equity multiple
0.62×
Total profit
$-23,166
Equity at exit
$32,803
10-year hold
IRR
0.7%
Equity multiple
1.05×
Total profit
$2,965
Equity at exit
$19,022

Cash invested: $61,600 (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.

ZIP-level market 70433

Rents YoY
4.3%
Active inventory
524
Price-to-rent
9.8×

Monthly cashflow live

Estimated rent
$1,874 high interval (Pro) →
Mortgage (P&I)
$1,154
Tax from tax record
$77 /mo · $922/yr
Insurance
$92
HOA
$0
Vacancy / Maint / Mgmt
$394
Net cashflow
$158

Break-even live

Break-even rent $1,674
Max offer price $220,000
Occupancy floor 87%

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
$55,000
Closing costs
$6,600
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 20 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
70466 1st St Covington, LA 3.0 2.0 1443 $2,100 $1.46 17d 1 0.08mi
70412 1st St Covington, LA 3.0 2.0 1182 $1,700 $1.44 17d 1 0.16mi
70439 8th St Covington, LA 3.0 2.0 1267 $1,500 $1.18 23d 1 0.27mi
70330 A St Covington, LA 3.0 2.0 1163 $1,600 $1.38 19d 1 0.32mi
70361 D St Covington, LA 3.0 2.0 1409 $1,750 $1.24 23d 1 0.38mi
70371 10th St Covington, LA 3.0 2.0 1212 $1,695 $1.40 43d 1 0.39mi
70293 7th St Covington, LA 3.0 2.0 1450 $1,695 $1.17 43d 1 0.42mi
70300 7th St Covington, LA 3.0 2.0 1448 $1,750 $1.21 23d 1 0.42mi
70266 7th St Covington, LA 3.0 2.0 1736 $1,575 $0.91 43d 1 0.48mi
70252 8th St Covington, LA 3.0 2.0 1230 $1,650 $1.34 23d 1 0.54mi
4025 Monarch Ln Covington, LA 3.0 2.0 1853 $2,800 $1.51 43d 1 0.54mi
711 Lionel Ct Abita Springs, LA 3.0 2.0 1497 $2,000 $1.34 23d 1 0.63mi
70403 L St Covington, LA 3.0 2.0 1250 $1,695 $1.36 43d 1 0.68mi
70076 6th St Covington, LA 3.0 2.0 1151 $1,600 $1.39 23d 1 0.80mi
385 Sioux Dr Abita Springs, LA 4.0 2.0 2013 $2,200 $1.09 3d 1 0.83mi
70045 3rd St Covington, LA 3.0 2.0 1430 $1,750 $1.22 3d 1 0.85mi
70040 2nd St Covington, LA 3.0 2.0 1416 $2,000 $1.41 3d 1 0.87mi
70096 10th St Covington, LA 3.0 2.0 1391 $1,950 $1.40 17d 1 0.91mi
212 Covington Cottage Ln Covington, LA 3.0 2.0 1690 $2,275 $1.35 43d 1 1.01mi
28 Park Place Dr Covington, LA 1.0–3.0 1.0–2.0 963 $1,407 $1.46 1d 9 1.40mi

Listing history 38 events

  1. 2026-06-18
    days on market $220,000 Active 143 DOM
  2. 2026-06-17
    days on market $220,000 Active 142 DOM
  3. 2026-06-16
    days on market $220,000 Active 141 DOM
  4. 2026-06-15
    days on market $220,000 Active 140 DOM
  5. 2026-06-13
    days on market $220,000 Active 138 DOM
  6. 2026-06-10
    days on market $220,000 Active 135 DOM
  7. 2026-06-09
    days on market $220,000 Active 134 DOM
  8. 2026-06-08
    days on market $220,000 Active 133 DOM
  9. 2026-06-07
    days on market $220,000 Active 132 DOM
  10. 2026-06-03
    days on market $220,000 Active 128 DOM
  11. 2026-06-02
    days on market $220,000 Active 127 DOM
  12. 2026-06-01
    days on market $220,000 Active 126 DOM
  13. 2026-05-31
    days on market $220,000 Active 125 DOM
  14. 2026-04-30
    price $220,000 417-char remark
    Show marketing remark (423 chars)

    BACK ON THE MARKET WITH A NEW ROOF IN FEBRUARY 2026! Move-in ready 3 bedroom, 2 bathroom home in Covington with quality finishes at an affordable price! Freshly power washed with major upgrades already done, including a new HVAC system and ductwork in 2024 and new pipes with water pump in 2025. The updated kitchen features granite countertops and new stainless steel appliances. Don’t miss this turnkey opportunity!

  15. 2026-04-30
    price $220,000 423-char remark
    Show marketing remark (423 chars)

    BACK ON THE MARKET WITH A NEW ROOF IN FEBRUARY 2026! Move-in ready 3 bedroom, 2 bathroom home in Covington with quality finishes at an affordable price! Freshly power washed with major upgrades already done, including a new HVAC system and ductwork in 2024 and new pipes with water pump in 2025. The updated kitchen features granite countertops and new stainless steel appliances. Don’t miss this turnkey opportunity!

  16. 2026-04-15
    status Active 417-char remark
    Show marketing remark (423 chars)

    BACK ON THE MARKET WITH A NEW ROOF IN FEBRUARY 2026! Move-in ready 3 bedroom, 2 bathroom home in Covington with quality finishes at an affordable price! Freshly power washed with major upgrades already done, including a new HVAC system and ductwork in 2024 and new pipes with water pump in 2025. The updated kitchen features granite countertops and new stainless steel appliances. Don’t miss this turnkey opportunity!

  17. 2026-04-15
    status Active 423-char remark
    Show marketing remark (423 chars)

    BACK ON THE MARKET WITH A NEW ROOF IN FEBRUARY 2026! Move-in ready 3 bedroom, 2 bathroom home in Covington with quality finishes at an affordable price! Freshly power washed with major upgrades already done, including a new HVAC system and ductwork in 2024 and new pipes with water pump in 2025. The updated kitchen features granite countertops and new stainless steel appliances. Don’t miss this turnkey opportunity!

  18. 2026-04-01
    status Pending 417-char remark
    Show marketing remark (423 chars)

    BACK ON THE MARKET WITH A NEW ROOF IN FEBRUARY 2026! Move-in ready 3 bedroom, 2 bathroom home in Covington with quality finishes at an affordable price! Freshly power washed with major upgrades already done, including a new HVAC system and ductwork in 2024 and new pipes with water pump in 2025. The updated kitchen features granite countertops and new stainless steel appliances. Don’t miss this turnkey opportunity!

  19. 2026-04-01
    historical Active Under Contract 423-char remark
    Show marketing remark (423 chars)

    BACK ON THE MARKET WITH A NEW ROOF IN FEBRUARY 2026! Move-in ready 3 bedroom, 2 bathroom home in Covington with quality finishes at an affordable price! Freshly power washed with major upgrades already done, including a new HVAC system and ductwork in 2024 and new pipes with water pump in 2025. The updated kitchen features granite countertops and new stainless steel appliances. Don’t miss this turnkey opportunity!

  20. 2026-03-30
    price $225,000 417-char remark
    Show marketing remark (423 chars)

    BACK ON THE MARKET WITH A NEW ROOF IN FEBRUARY 2026! Move-in ready 3 bedroom, 2 bathroom home in Covington with quality finishes at an affordable price! Freshly power washed with major upgrades already done, including a new HVAC system and ductwork in 2024 and new pipes with water pump in 2025. The updated kitchen features granite countertops and new stainless steel appliances. Don’t miss this turnkey opportunity!

  21. 2026-03-30
    price $225,000 423-char remark
    Show marketing remark (423 chars)

    BACK ON THE MARKET WITH A NEW ROOF IN FEBRUARY 2026! Move-in ready 3 bedroom, 2 bathroom home in Covington with quality finishes at an affordable price! Freshly power washed with major upgrades already done, including a new HVAC system and ductwork in 2024 and new pipes with water pump in 2025. The updated kitchen features granite countertops and new stainless steel appliances. Don’t miss this turnkey opportunity!

  22. 2026-03-05
    price $229,000 417-char remark
    Show marketing remark (423 chars)

    BACK ON THE MARKET WITH A NEW ROOF IN FEBRUARY 2026! Move-in ready 3 bedroom, 2 bathroom home in Covington with quality finishes at an affordable price! Freshly power washed with major upgrades already done, including a new HVAC system and ductwork in 2024 and new pipes with water pump in 2025. The updated kitchen features granite countertops and new stainless steel appliances. Don’t miss this turnkey opportunity!

  23. 2026-03-05
    price $229,000 423-char remark
    Show marketing remark (423 chars)

    BACK ON THE MARKET WITH A NEW ROOF IN FEBRUARY 2026! Move-in ready 3 bedroom, 2 bathroom home in Covington with quality finishes at an affordable price! Freshly power washed with major upgrades already done, including a new HVAC system and ductwork in 2024 and new pipes with water pump in 2025. The updated kitchen features granite countertops and new stainless steel appliances. Don’t miss this turnkey opportunity!

  24. 2026-02-14
    status Active 417-char remark
    Show marketing remark (423 chars)

    BACK ON THE MARKET WITH A NEW ROOF IN FEBRUARY 2026! Move-in ready 3 bedroom, 2 bathroom home in Covington with quality finishes at an affordable price! Freshly power washed with major upgrades already done, including a new HVAC system and ductwork in 2024 and new pipes with water pump in 2025. The updated kitchen features granite countertops and new stainless steel appliances. Don’t miss this turnkey opportunity!

  25. 2026-02-14
    price $232,500 417-char remark
    Show marketing remark (423 chars)

    BACK ON THE MARKET WITH A NEW ROOF IN FEBRUARY 2026! Move-in ready 3 bedroom, 2 bathroom home in Covington with quality finishes at an affordable price! Freshly power washed with major upgrades already done, including a new HVAC system and ductwork in 2024 and new pipes with water pump in 2025. The updated kitchen features granite countertops and new stainless steel appliances. Don’t miss this turnkey opportunity!

  26. 2026-02-14
    status Active 423-char remark
    Show marketing remark (423 chars)

    BACK ON THE MARKET WITH A NEW ROOF IN FEBRUARY 2026! Move-in ready 3 bedroom, 2 bathroom home in Covington with quality finishes at an affordable price! Freshly power washed with major upgrades already done, including a new HVAC system and ductwork in 2024 and new pipes with water pump in 2025. The updated kitchen features granite countertops and new stainless steel appliances. Don’t miss this turnkey opportunity!

  27. 2026-02-14
    price $232,500 423-char remark
    Show marketing remark (423 chars)

    BACK ON THE MARKET WITH A NEW ROOF IN FEBRUARY 2026! Move-in ready 3 bedroom, 2 bathroom home in Covington with quality finishes at an affordable price! Freshly power washed with major upgrades already done, including a new HVAC system and ductwork in 2024 and new pipes with water pump in 2025. The updated kitchen features granite countertops and new stainless steel appliances. Don’t miss this turnkey opportunity!

  28. 2026-02-02
    historical Active Under Contract 423-char remark
    Show marketing remark (423 chars)

    BACK ON THE MARKET WITH A NEW ROOF IN FEBRUARY 2026! Move-in ready 3 bedroom, 2 bathroom home in Covington with quality finishes at an affordable price! Freshly power washed with major upgrades already done, including a new HVAC system and ductwork in 2024 and new pipes with water pump in 2025. The updated kitchen features granite countertops and new stainless steel appliances. Don’t miss this turnkey opportunity!

  29. 2026-01-26
    listed $220,000 Active 417-char remark
    Show marketing remark (423 chars)

    BACK ON THE MARKET WITH A NEW ROOF IN FEBRUARY 2026! Move-in ready 3 bedroom, 2 bathroom home in Covington with quality finishes at an affordable price! Freshly power washed with major upgrades already done, including a new HVAC system and ductwork in 2024 and new pipes with water pump in 2025. The updated kitchen features granite countertops and new stainless steel appliances. Don’t miss this turnkey opportunity!

  30. 2026-01-26
    listed $220,000 Active 423-char remark
    Show marketing remark (423 chars)

    BACK ON THE MARKET WITH A NEW ROOF IN FEBRUARY 2026! Move-in ready 3 bedroom, 2 bathroom home in Covington with quality finishes at an affordable price! Freshly power washed with major upgrades already done, including a new HVAC system and ductwork in 2024 and new pipes with water pump in 2025. The updated kitchen features granite countertops and new stainless steel appliances. Don’t miss this turnkey opportunity!

  31. 2015-06-26
    soldstatus $158,500
  32. 2014-07-10
    soldstatus $82,950
  33. 2014-05-07
    listed $99,200
  34. 2014-05-07
    listed $99,200
  35. 2014-02-15
    listed $114,500
  36. 2014-02-15
    listed $114,500
  37. 2013-11-05
    listed $105,000
  38. 2013-11-05
    listed $105,000

ⓘ 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
$922 · $77/mo
Projected year-2 tax
$1,210 · $101/mo
Expected delta
+$288/yr (+$24/mo · 31.2%)

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

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X · 0% chance over 30 yrs
  • 🔥 Wildfire 3/10 Moderate
  • 🌡 Heat 9/10 Extreme 7 d/yr ≥109°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 0 unhealthy d/yr today · 1 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$22,487
− Mortgage interest
−$12,323
− Property taxes
−$922
− Insurance
−$1,100
− Repairs & maintenance
−$1,799
− Management
−$1,799
− Depreciation
−$6,400
Taxable loss
−$1,856
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$446
After-tax cash flow
$2,344/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 — Covington

Score
75/100
State rank
#17
US rank
#3876

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Saint Tammany Parish · 228,296 people
City population
64,351
Metro
New Orleans-Metairie, LA
Population (ZIP)
41,876
Household income
$81,241
Rent vs Own
29.6% rent · 70.4% own
Severe rent burden
1287.0

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
Predominantly White (78%)
Race & ethnicity
White 78% Black 9% Hispanic / Latino 7% Two or more races 7% Native American 1% Asian 1%
Hispanic origin (detail)
Mexican 2%
Common ancestry
Lithuanian 17% Italian 2% Slovak 2%
Foreign-born
5% · Canada, Vietnam
Languages at home
92% English-only · Spanish 5% French/Haitian/Cajun 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
▼ -112.14%
Current HPI
181.8348
Rent YoY
▲ 4.31%
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

Price history

+109.5% since first listed
25 events — show timeline
  • 2026-04-30 Price Changed $220,000 AcadianaMLS
  • 2026-04-30 Price Changed $220,000 GSREIN
  • 2026-04-15 Relisted AcadianaMLS
  • 2026-04-15 Relisted GSREIN
  • 2026-04-01 Pending AcadianaMLS
  • 2026-04-01 Contingent GSREIN
  • 2026-03-30 Price Changed $225,000 AcadianaMLS
  • 2026-03-30 Price Changed $225,000 GSREIN
  • 2026-03-05 Price Changed $229,000 AcadianaMLS
  • 2026-03-05 Price Changed $229,000 GSREIN
  • 2026-02-14 Relisted AcadianaMLS
  • 2026-02-14 Price Changed $232,500 AcadianaMLS
  • 2026-02-14 Relisted GSREIN
  • 2026-02-14 Price Changed $232,500 GSREIN
  • 2026-02-02 Contingent GSREIN
  • 2026-01-26 Listed $220,000 GSREIN
  • 2026-01-26 Listed $220,000 AcadianaMLS
  • 2015-06-26 Sold (Public Records) $158,500 Public Records
  • 2014-07-10 Sold (MLS) $82,950 GSREIN
  • 2014-05-07 Listed $99,200 AcadianaMLS
  • 2014-05-07 Listed $99,200 GSREIN
  • 2014-02-15 Listed $114,500 GSREIN
  • 2014-02-15 Listed $114,500 AcadianaMLS
  • 2013-11-05 Listed $105,000 GSREIN
  • 2013-11-05 Listed $105,000 AcadianaMLS

Property tax history

-5.0%/yr

Latest (2025): $922 · -3.5% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…