304 Nottaway Dr Dr · Destrehan, LA 70047

$1,830

3 bd · 2.0 ba · 2,112 sqft · SingleFamily public records · 31 Days on market

Built 1997 0.45 ac lot $1/sqft · 100% below area

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Why this score? — see what drove the D+ 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 +15.0/30.0
• ARV discount +7.5/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Schools +4.0/10.0
• Livability +3.8/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Charming raised Acadian home w/ Open floor plan & large front porch! Den features soaring high ceilings & fireplace. Laminate Brazilian cherry wood floors throughout living area! Large updated kitchen w/ granite counters & breakfast bar. Breakfast area & separate dining area. Master w/ garden tub & separate shower. Updated baths w/ granite vanities. Detached double garage w/ rear yard access. Quaint back porch overlooks patio for entertaining! Updated lighting! Updated wood floors in all bedrooms - no carpet!

Key facts

• 0.45 acre lot
• Built 1997
• Listed 31 days

Property features AI

Finance

• HOA & community: Property includes acreage

Exterior

• Utilities: Electric service: Entergy
• Home design: Single-family residence
• Construction: Concrete construction; Composition roof
• Exterior features: Composition roof; Concrete construction

Interior

• Kitchen: Kitchen (details available)
• Bedrooms: Three bedrooms (Bedroom 1, Bedroom 2, Bedroom 3)
• Bathrooms: Two full bathrooms
• Heating & cooling: Heat pump
• Interior features: Includes living spaces and kitchen

🏷️ Possibly a rental listed for sale. The $1,830 price doesn't fit this home's estimated sale value (~$326,646) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $2k.

Deal economics

• At list price, monthly cash flow is $1k ($14k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $2k).
• Recommended offer: $2k (3.0% below list) — sets the bar for market timing.
• Cap rate 879.1% vs local median 3.6% in Destrehan — 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 (#20 in LA, #4,010 nationally) — a middle-class / working-renter tenant base. Strengths: schools A+, employment A+, housing A+; Watch: amenities F, commute F.
• St. Charles Parish (suburban): math 40% / reading 51% proficiency, ranked #14 of 98 in LA (top 14%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 85 active listings in the ZIP; 4 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; 74 units permitted in St. Charles Parish in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $12 of loan paydown is wiped out by about $55 of value loss. Plan a longer hold.
• St. Charles County population projected to shrink 7% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $512 cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• It's been on market 31 days — a 3% lower offer ($2k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 19y 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 $125/mo.
• Climate carrying-cost: in FEMA flood zone A99 (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $1,775 (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. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are A-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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
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: 92.94% ✓
• Cap rate: 879.10%
• Cash-on-cash: 3117.17%
• DSCR: 139.70
• GRM: 0.1

CMA / ARV

• ARV (median comp): $326,646
• List price: $1,830
• Delta: -99.44%
• 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
311 Nottaway Dr	0.05mi	3/2.0	1,960 (-7%)	0mo	$310,000	$158	86
47 Oakley Dr	0.10mi	4/2.0 (+1)	1,931 (-9%)	1mo	$299,000	$155	76
60 Oakley Dr	0.14mi	4/2.0 (+1)	2,162 (+2%)	12mo	$335,000	$155	74
41 Oakley Dr	0.09mi	4/2.0 (+1)	1,860 (-12%)	0mo	$335,000	$180	71
68 Dunleith Dr	0.64mi	4/2.0 (+1)	2,100 (-1%)	2mo	$315,000	$150	63
3744 Tara Dr	0.46mi	4/2.0 (+1)	2,203 (+4%)	4mo	$353,000	$160	63
635 S Destrehan Ave	0.27mi	3/2.0	1,800 (-15%)	3mo	$305,000	$169	60
134 Ducayet Dr	0.40mi	3/2.0	1,859 (-12%)	4mo	$305,000	$164	58
111 Seven Oaks Ct	0.45mi	3/3.0	2,363 (+12%)	0mo	$375,000	$159	55
51 Dunleith Dr	0.52mi	3/2.0	1,801 (-15%)	1mo	$269,900	$150	50
234 Murray Hill Dr	0.29mi	4/3.0 (+1)	2,400 (+14%)	10mo	$299,000	$125	46
11 Devereaux Dr	0.59mi	3/3.0	1,798 (-15%)	6mo	$288,000	$160	38

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 150.50×
• Total profit: $76,606
• Equity at exit: $273

10-year hold

• IRR: —
• Equity multiple: 325.00×
• Total profit: $166,015
• Equity at exit: $158

Cash invested: $512 (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 70047

• Home prices YoY: -14.4%
• Active inventory: 85
• Price-to-rent: 0.1×

Monthly cashflow live

• Estimated rent: $1,701 medium
• Mortgage (P&I): −$10
• Tax est. 1.5%: −$2 /mo · $27/yr
• Insurance: −$1
• Flood insurance flood zone: −$125 /mo · $1,502/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$357
• Net cashflow: $1,206

Break-even live

Break-even rent $175

Max offer price $1,830

Occupancy floor 24%

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: $458
• Closing costs: $55
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
80 Stanton Hall Dr Destrehan, LA	4.0	4.0	1775	$1,850	$1.04	3d	1	0.38mi
21 Brandon Hall Dr Unit B Destrehan, LA	2.0	1.5	1400	$1,450	$1.04	3d	1	0.40mi
5 Brandon Hall Dr Unit D Destrehan, LA	3.0	2.5	1750	$1,600	$0.91	24d	1	0.45mi
56 Stanton Hall Dr Destrehan, LA	3.0	2.5	1418	$1,700	$1.20	44d	1	0.47mi

Listing history 27 events

1. 2026-06-13
   days on market $1,830 Active 31 DOM
2. 2026-06-10
   days on market $1,830 Active 29 DOM
3. 2026-06-09
   days on market $1,830 Active 28 DOM
4. 2026-06-08
   days on market $1,830 Active 27 DOM
5. 2026-06-07
   days on market $1,830 Active 26 DOM
6. 2026-06-05
   days on market $1,830 Active 23 DOM
7. 2026-06-03
   days on market $1,830 Active 22 DOM
8. 2026-06-02
   days on market $1,830 Active 21 DOM
9. 2026-06-01
   days on market $1,830 Active 20 DOM
10. 2026-05-31
    days on market $1,830 Active 19 DOM
11. 2026-05-12
    listed $1,830 Active
12. 2016-08-16
    soldstatus $235,000 Sold 544-char remark

    Show marketing remark (544 chars)

    Charming raised Acadian home w/ Open floor plan & large front porch! Den features soaring high ceilings & fireplace. Laminate Brazilian cherry wood floors throughout living area! Large updated kitchen w/ granite counters & breakfast bar. Breakfast area & separate dining area. Master w/ garden tub & separate shower. Updated baths w/ granite vanities. Detached double garage w/ rear yard access. Quaint back porch overlooks patio for entertaining! Updated lighting! Updated wood floors in all bedrooms - no carpet!

13. 2016-07-13
    historical Pending Continue to Show 544-char remark

    Show marketing remark (544 chars)

    Charming raised Acadian home w/ Open floor plan & large front porch! Den features soaring high ceilings & fireplace. Laminate Brazilian cherry wood floors throughout living area! Large updated kitchen w/ granite counters & breakfast bar. Breakfast area & separate dining area. Master w/ garden tub & separate shower. Updated baths w/ granite vanities. Detached double garage w/ rear yard access. Quaint back porch overlooks patio for entertaining! Updated lighting! Updated wood floors in all bedrooms - no carpet!

14. 2016-07-09
    status Active 544-char remark

    Show marketing remark (544 chars)

    Charming raised Acadian home w/ Open floor plan & large front porch! Den features soaring high ceilings & fireplace. Laminate Brazilian cherry wood floors throughout living area! Large updated kitchen w/ granite counters & breakfast bar. Breakfast area & separate dining area. Master w/ garden tub & separate shower. Updated baths w/ granite vanities. Detached double garage w/ rear yard access. Quaint back porch overlooks patio for entertaining! Updated lighting! Updated wood floors in all bedrooms - no carpet!

15. 2016-06-23
    status Under Contract 544-char remark

    Show marketing remark (544 chars)

    Charming raised Acadian home w/ Open floor plan & large front porch! Den features soaring high ceilings & fireplace. Laminate Brazilian cherry wood floors throughout living area! Large updated kitchen w/ granite counters & breakfast bar. Breakfast area & separate dining area. Master w/ garden tub & separate shower. Updated baths w/ granite vanities. Detached double garage w/ rear yard access. Quaint back porch overlooks patio for entertaining! Updated lighting! Updated wood floors in all bedrooms - no carpet!

16. 2016-06-23
    historical Pending Continue to Show 544-char remark

    Show marketing remark (544 chars)

    Charming raised Acadian home w/ Open floor plan & large front porch! Den features soaring high ceilings & fireplace. Laminate Brazilian cherry wood floors throughout living area! Large updated kitchen w/ granite counters & breakfast bar. Breakfast area & separate dining area. Master w/ garden tub & separate shower. Updated baths w/ granite vanities. Detached double garage w/ rear yard access. Quaint back porch overlooks patio for entertaining! Updated lighting! Updated wood floors in all bedrooms - no carpet!

17. 2016-06-21
    listed $229,000 Active 544-char remark

    Show marketing remark (544 chars)

    Charming raised Acadian home w/ Open floor plan & large front porch! Den features soaring high ceilings & fireplace. Laminate Brazilian cherry wood floors throughout living area! Large updated kitchen w/ granite counters & breakfast bar. Breakfast area & separate dining area. Master w/ garden tub & separate shower. Updated baths w/ granite vanities. Detached double garage w/ rear yard access. Quaint back porch overlooks patio for entertaining! Updated lighting! Updated wood floors in all bedrooms - no carpet!

18. 2016-06-21
    listed $229,000

    Show marketing remark (544 chars)

    Charming raised Acadian home w/ Open floor plan & large front porch! Den features soaring high ceilings & fireplace. Laminate Brazilian cherry wood floors throughout living area! Large updated kitchen w/ granite counters & breakfast bar. Breakfast area & separate dining area. Master w/ garden tub & separate shower. Updated baths w/ granite vanities. Detached double garage w/ rear yard access. Quaint back porch overlooks patio for entertaining! Updated lighting! Updated wood floors in all bedrooms - no carpet!

19. 2012-12-05
    soldstatus $195,000
20. 2012-11-21
    soldstatus $195,000
21. 2012-08-22
    listed $205,000
22. 2012-08-22
    listed $205,000
23. 2007-07-17
    soldstatus $240,000
24. 2007-07-13
    soldstatus $240,000
25. 2007-04-30
    listed $255,000
26. 2007-04-30
    listed $255,000
27. 2005-05-31
    soldstatus $43,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 5/10 Major FEMA zone A99 · 14% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥108°F today · 23 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,410
• − Mortgage interest: −$103
• − Property taxes: −$27
• − Insurance: −$1,512
• − Repairs & maintenance: −$1,633
• − Management: −$1,633
• − Depreciation: −$53
• Taxable income: $15,450
• Est. tax owed @ 24.0%: −$3,708
• After-tax cash flow: $10,762/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. Charles Parish
• NCES district ID: 2201440
• Math proficiency: 40% ▼ -38.00%
• Reading proficiency: 51% ▼ -32.00%
• Median HH income: $60,261
• Composite: 40.0/100
• National rank: #3830
• State rank: #14 of 98 in LA

Livability — Destrehan

• Score: 75/100
• State rank: #20
• US rank: #4010

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Destrehan, LA
• County: Saint Charles Parish · 27,180 people
• City population: 13,220
• Metro: New Orleans-Metairie, LA
• Population (ZIP): 13,220
• Household income: $87,333
• Rent vs Own: 26.7% rent · 73.3% own
• Severe rent burden: 468.0

Population outlook (St. Charles County) Hauer SSP2

• Today (2025): 53,296 people
• By 2030: 53,030 · -0.5%
• By 2040: 51,646 · -3.1%
• By 2050: 49,771 · -6.6%
• By 2075: 46,993 · -11.8%
• By 2100: 44,473 · -16.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (67%)
• Race & ethnicity: White 67% Black 20% Hispanic / Latino 8% Two or more races 6% Asian 2%
• Common ancestry: Lithuanian 21% Slovak 1% Italian 1%
• Foreign-born: 5% · Canada, China
• Languages at home: 93% English-only · Spanish 6% Other Asian/Pacific 1%

Political lean MEDSL · St. Charles

• 2024 margin: Solid R (+32.4) · D 33.0% · R 65.4% · Other 1.6%
• 2008→2024 swing: -1.1pp toward R · 2008: -31.2pp · 2024: -32.4pp
• All cycles: 2024: R+32.4 2020: R+29.6 2016: R+30.8 2012: R+27.8 2008: R+31.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -40.34%
• Current HPI: 238.9532
• Rent YoY: —
• 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

-95.7% since first listed

17 events — show timeline

• 2026-05-12 Listed $1,830 AcadianaMLS
• 2016-08-16 Sold (MLS) $235,000 GSREIN
• 2016-07-13 Contingent — GSREIN
• 2016-07-09 Relisted — GSREIN
• 2016-06-23 Pending — GSREIN
• 2016-06-23 Contingent — GSREIN
• 2016-06-21 Listed $229,000 GSREIN
• 2016-06-21 Listed $229,000 AcadianaMLS
• 2012-12-05 Sold (Public Records) $195,000 Public Records
• 2012-11-21 Sold (MLS) $195,000 GSREIN
• 2012-08-22 Listed $205,000 AcadianaMLS
• 2012-08-22 Listed $205,000 GSREIN
• 2007-07-17 Sold (Public Records) $240,000 Public Records
• 2007-07-13 Sold (MLS) $240,000 GSREIN
• 2007-04-30 Listed $255,000 GSREIN
• 2007-04-30 Listed $255,000 AcadianaMLS
• 2005-05-31 Sold (Public Records) $43,000 Public Records

Property tax history

+2.8%/yr

Latest (2024): $2,755 · +7.5% YoY. Source: county tax records.