913 N Robertson St · New Orleans, LA
Flood risk 8/10 · Major
- FEMA flood zone
- X (shaded)
- Chance of flooding over 30 yrs
- 0.6%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $1,269 – $2,357
Heat risk 10/10 · Severe
- Hot days now (above 108°F)
- 7 days/yr
- Hot days in 30 yrs
- 21 days/yr
Wind risk 10/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 4 days/yr
- Unhealthy air days in 30 yrs
- 4 days/yr
Risk factors via First Street. Map © Google.
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).
- ARV discount +13.3/15.0
- Cash flow +8.8/30.0
- Livability +4.0/5.0
- 1% rule +3.1/10.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
- DSCR +2.4/10.0
- Schools +1.6/10.0
- Appreciation +0.0/10.0
$350,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
SEVEN YEAR OLD HOME LOCATED IN THE HISTORIC TREME NEIGHBORHOOD. STUNNING WOOD FLOORS WITH 12 FOOT CEILINGS. VERY OPEN FLOORPLAN! THIS HOME HAS A COVERED BALCONY. THE KITCHEN HAS A BREAKFAST BAR, BEAUTIFUL COUNTERTOPS AND STAINLESS APPLIANCES.
Key facts
- Covered balcony
- Stainless appliances
- Breakfast bar
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/3.5-bath single-family listed at $350k.
Deal economics
- At list price, monthly cash flow is $-352 ($-4k/yr) — negative.
- To cash-flow at today's rent, offer at most $288k (17.8% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $283k (19.1% below list).
- Recommended offer: $283k (19.1% below list) — sets the bar for 1% rule.
- Cap rate 5.3% vs local median 4.4% in New Orleans — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.
Location & tenants
- Location reads 81/100 on livability (#3 in LA, #1,383 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, health & safety A+; Watch: crime C-, employment D.
- Orleans Parish (urban): math 11% / reading 27% proficiency, ranked #69 of 98 in LA (top 70%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 68% free/reduced lunch — lower-income household profile, screen leases tightly.
- Zoned schools: Benjamin Franklin Elem. Math And Science (math 12% / reading 23%, grade F, #479 of 646 statewide, top 75%, 747 students, 98% FRL, charter) — zoned schools average 98% FRL vs 68% district-wide (30 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Market conditions: Rents flat; 351 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 710 units permitted in Orleans Parish in 2024 (244 in 5+ unit buildings).
- At $2,833/mo this rent would consume 65% of the median local household income ($52k/yr) (locally 1001% 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 $10k of value loss. Plan a longer hold.
- Orleans County population projected at +61% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 398 days — a 12% lower offer ($308k) is reasonable based on typical stale-listing flexibility.
- 8 sale attempts since 10y ago; this cycle's ask has dropped $40k (10%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $40k; list at $350k implies a 775% gain — meaningful room to come down on a strong offer.
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→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- 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?
- It's been on market 398 days. Have you received any prior offers? Is the seller open to a 19% concession, seller financing, or rate buy-down credit?
- What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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.
- 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.
- 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
- 0.81% ✗
- Cap rate
- 5.31%
- Cash-on-cash
- -3.49%
- DSCR
- 0.84
- GRM
- 10.3
CMA / ARV
- ARV (median comp)
- $401,361
- List price
- $350,000
- Delta
- -12.80%
- 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 |
|---|---|---|---|---|---|---|---|
| 1026 N Robertson St | 0.10mi | 3/2.5 | 1,778 (-10%) | 1mo | $386,400 | $217 | 74 |
| 1461 N Robertson St | 0.42mi | 4/3.5 (+1) | 2,100 (+6%) | 1mo | $353,000 | $168 | 64 |
| 918 St Philip St | 0.44mi | 2/2.0 (-1) | 1,944 (-1%) | 3mo | $1,550,000 | $797 | 63 |
| 1808 N Rampart St | 0.60mi | 3/2.0 | 2,002 (+2%) | 3mo | $799,000 | $399 | 61 |
| 2520 Conti St | 0.74mi | 3/2.5 | 1,970 (-0%) | 4mo | $450,000 | $228 | 58 |
| 928 Governor Nicholls St | 0.46mi | 2/2.0 (-1) | 1,851 (-6%) | 2mo | $995,000 | $538 | 56 |
| 1424 N Roman St | 0.40mi | 2/2.5 (-1) | 1,816 (-8%) | 4mo | $527,000 | $290 | 56 |
| 1370 Laharpe St | 0.52mi | 3/2.0 | 1,766 (-10%) | 1mo | $353,500 | $200 | 52 |
| 1116 N Miro St | 0.48mi | 3/2.0 | 1,750 (-11%) | 1mo | $395,000 | $226 | 52 |
| 1200 Dauphine St | 0.51mi | 3/2.5 | 2,204 (+12%) | 2mo | $1,495,000 | $678 | 51 |
| 1838 Burgundy St | 0.60mi | 2/2.5 (-1) | 1,713 (-13%) | 4mo | $735,000 | $429 | 38 |
| 1616 N Johnson St | 0.70mi | 4/3.0 (+1) | 2,258 (+15%) | 1mo | $380,000 | $168 | 35 |
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 · 0.18% rent growth · sell at horizon
- IRR
- -27.0%
- Equity multiple
- 0.11×
- Total profit
- $-86,796
- Equity at exit
- $52,186
- IRR
- -40.1%
- Equity multiple
- -0.37×
- Total profit
- $-134,159
- Equity at exit
- $30,262
Cash invested: $98,000 (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
ZIP-level market 70116
- Home prices YoY
- -34.5%
- Rents YoY
- 0.2%
- Active inventory
- 351
- Price-to-rent
- 10.3×
Monthly cashflow live
- Estimated rent
- $2,833 high interval (Pro) →
- Mortgage (P&I)
- −$1,835
- Tax from tax record
- −$542 /mo · $6,508/yr
- Insurance
- −$146
- Flood insurance flood zone
- −$66 /mo · $798/yr
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$595
- Net cashflow
- $-352
Break-even live
Sensitivity live
| Price | -10% $-154 | -5% $-253 | +0% $-352 | +5% $-451 | +10% $-550 |
|---|---|---|---|---|---|
| Rent | -10% $-576 | -5% $-464 | +0% $-352 | +5% $-240 | +10% $-128 |
| Rate | -1.0pp $-176 | -0.5pp $-263 | base $-352 | +0.5pp $-443 | +1.0pp $-535 |
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
- $87,500
- Closing costs
- $10,500
- 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 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1021 Henriette Delille St New Orleans, LA | 3.0 | 2.0 | 2012 | $2,250 | $1.12 | 18d | 1 | 0.25mi |
| 1929 Dumaine St New Orleans, LA | 3.0 | 1.0 | 1293 | $1,500 | $1.16 | 5d | 1 | 0.26mi |
| 1433 Esplanade Ave New Orleans, LA | 3.0 | 2.0 | 2411 | $5,000 | $2.07 | 3d | 1 | 0.34mi |
| 1423 N Villere St Unit A New Orleans, LA | 2.0 | 3.0 | 1964 | $2,500 | $1.27 | 45d | 1 | 0.37mi |
| 618 N Rampart St #204 New Orleans, LA | 3.0 | 2.5 | 1904 | $4,500 | $2.36 | 45d | 1 | 0.38mi |
| 811 Burgundy St New Orleans, LA | 4.0 | 2.5 | 2059 | $5,000 | $2.43 | 45d | 1 | 0.38mi |
| 1908 Saint Louis St New Orleans, LA | 3.0 | 3.0 | 1234 | $2,300 | $1.86 | 25d | 1 | 0.38mi |
| 2129 Dumaine St New Orleans, LA | 3.0 | 2.0 | 1226 | $1,850 | $1.51 | 5d | 1 | 0.39mi |
| 1301 N Rampart St New Orleans, LA | 2.0 | 2.0–2.5 | 2929 | $7,750 | $2.65 | 21d | 2 | 0.40mi |
| 324 N Roman St New Orleans, LA | 3.0 | 3.0 | 2100 | $2,500 | $1.19 | 45d | 1 | 0.43mi |
| 1801 Bienville St New Orleans, LA | 2.0 | 2.5 | 1368 | $2,500 | $1.83 | 45d | 1 | 0.44mi |
| 1022 Barracks St New Orleans, LA | 1.0–2.0 | 1.0–2.0 | 1233 | $4,400 | $3.57 | 45d | 1 | 0.44mi |
| 1247 Kerlerec St New Orleans, LA | 3.0 | 2.0 | 1500 | $2,500 | $1.67 | 45d | 1 | 0.44mi |
| 1245 Kerlerec St New Orleans, LA | 3.0 | 2.0 | 1500 | $2,500 | $1.67 | 45d | 1 | 0.44mi |
| 1472 N Claiborne Ave New Orleans, LA | 3.0 | 1.0 | 1312 | $1,900 | $1.45 | 17d | 1 | 0.45mi |
| 1217 Kerlerec St Unit B New Orleans, LA | 3.0 | 1.0 | 1300 | $2,100 | $1.62 | 5d | 1 | 0.46mi |
| 2033 Conti St New Orleans, LA | 3.0 | 3.0 | 1249 | $2,250 | $1.80 | 16d | 1 | 0.47mi |
| 2024 Bienville St New Orleans, LA | 3.0 | 2.0 | 1314 | $2,100 | $1.60 | 25d | 1 | 0.54mi |
| 2105 Bienville St New Orleans, LA | 3.0 | 3.0 | 1231 | $2,350 | $1.91 | 18d | 1 | 0.54mi |
| 734 Ursulines Ave New Orleans, LA | 3.0 | 2.0 | 1340 | $2,800 | $2.09 | 45d | 1 | 0.55mi |
| 928 Kerlerec St New Orleans, LA | 3.0 | 3.5 | 1684 | $2,750 | $1.63 | 5d | 1 | 0.56mi |
| 928 Kerlerec St New Orleans, LA | 3.0 | 3.5 | 1684 | $2,750 | $1.63 | 4d | 1 | 0.56mi |
| 841 Royal St Unit 3A New Orleans, LA | 2.0 | 2.0 | 1266 | $3,995 | $3.16 | 45d | 1 | 0.58mi |
| 824 Royal St Unit G New Orleans, LA | 2.0 | 2.0 | 2080 | $3,300 | $1.59 | 45d | 1 | 0.60mi |
| 817 Esplanade Ave Unit 1A New Orleans, LA | 2.0 | 2.5 | 1586 | $4,000 | $2.52 | 5d | 1 | 0.60mi |
| 627 St Peter New Orleans, LA | 2.0 | 2.5 | 2174 | $5,500 | $2.53 | 25d | 1 | 0.63mi |
| 315 N Miro St New Orleans, LA | 3.0 | 3.0 | 1276 | $2,300 | $1.80 | 21d | 1 | 0.63mi |
| 315 N Miro St New Orleans, LA | 3.0 | 3.0 | 1276 | $2,500 | $1.96 | 25d | 1 | 0.63mi |
| 939 Iberville St New Orleans, LA | 1.0–3.0 | 1.0 | 1502 | $3,800 | $2.53 | 13d | 7 | 0.64mi |
| 124 N Galvez St Unit 1 New Orleans, LA | 2.0 | 2.0 | 2200 | $2,200 | $1.00 | 25d | 1 | 0.65mi |
| 1521 Pauger St New Orleans, LA | 2.0 | 2.0 | 1288 | $2,500 | $1.94 | 25d | 1 | 0.65mi |
| 751 Chartres St New Orleans, LA | 2.0–3.0 | 2.0 | 1461 | $3,450 | $2.36 | 45d | 1 | 0.65mi |
| 810 Bienville St New Orleans, LA | 1.0–3.0 | 1.0–2.0 | 995 | $2,688 | $2.70 | 5d | 9 | 0.66mi |
| 1011 Canal St Unit 1513939P New Orleans, LA | 4.0 | 4.0 | 1765 | $11,253 | $6.38 | 25d | 1 | 0.66mi |
| 1011 Canal St Unit 1513926P New Orleans, LA | 1.0–4.0 | 1.0–4.0 | 1016 | $10,840 | $10.66 | 3d | 2 | 0.66mi |
| 22 N Johnson St New Orleans, LA | 2.0 | 2.0 | 1500 | $2,000 | $1.33 | 16d | 1 | 0.66mi |
| 1434 Annette St New Orleans, LA | 2.0 | 1.0 | 1536 | $1,700 | $1.11 | 5d | 1 | 0.67mi |
| 1434 Annette St New Orleans, LA | 2.0 | 1.0 | 1536 | $1,700 | $1.11 | 4d | 1 | 0.67mi |
| 910 Chartres St Unit 3B New Orleans, LA | 2.0 | 2.0 | 1388 | $3,100 | $2.23 | 25d | 1 | 0.67mi |
| 1910 N Rampart St New Orleans, LA | 2.0 | 1.0 | 1450 | $1,995 | $1.38 | 5d | 1 | 0.68mi |
Listing history 40 events
-
2026-06-21days on market $350,000 Active 398 DOM
-
2026-06-18days on market $350,000 Active 395 DOM
-
2026-06-17days on market $350,000 Active 394 DOM
-
2026-06-16days on market $350,000 Active 393 DOM
-
2026-06-15days on market $350,000 Active 392 DOM
-
2026-06-13days on market $350,000 Active 390 DOM
-
2026-06-10days on market $350,000 Active 387 DOM
-
2026-06-09days on market $350,000 Active 386 DOM
-
2026-06-08days on market $350,000 Active 385 DOM
-
2026-06-07days on market $350,000 Active 384 DOM
-
2026-06-05days on market $350,000 Active 381 DOM
-
2026-06-03days on market $350,000 Active 380 DOM
-
2026-06-02days on market $350,000 Active 379 DOM
-
2026-06-01days on market $350,000 Active 378 DOM
-
2026-05-31days on market $350,000 Active 377 DOM
-
2026-03-18price $350,000 242-char remark
Show marketing remark (242 chars)
SEVEN YEAR OLD HOME LOCATED IN THE HISTORIC TREME NEIGHBORHOOD. STUNNING WOOD FLOORS WITH 12 FOOT CEILINGS. VERY OPEN FLOORPLAN! THIS HOME HAS A COVERED BALCONY. THE KITCHEN HAS A BREAKFAST BAR, BEAUTIFUL COUNTERTOPS AND STAINLESS APPLIANCES.
-
2026-03-18price $350,000 242-char remark
Show marketing remark (242 chars)
SEVEN YEAR OLD HOME LOCATED IN THE HISTORIC TREME NEIGHBORHOOD. STUNNING WOOD FLOORS WITH 12 FOOT CEILINGS. VERY OPEN FLOORPLAN! THIS HOME HAS A COVERED BALCONY. THE KITCHEN HAS A BREAKFAST BAR, BEAUTIFUL COUNTERTOPS AND STAINLESS APPLIANCES.
-
2025-10-29price $360,000 242-char remark
Show marketing remark (242 chars)
SEVEN YEAR OLD HOME LOCATED IN THE HISTORIC TREME NEIGHBORHOOD. STUNNING WOOD FLOORS WITH 12 FOOT CEILINGS. VERY OPEN FLOORPLAN! THIS HOME HAS A COVERED BALCONY. THE KITCHEN HAS A BREAKFAST BAR, BEAUTIFUL COUNTERTOPS AND STAINLESS APPLIANCES.
-
2025-10-29price $360,000 242-char remark
Show marketing remark (242 chars)
SEVEN YEAR OLD HOME LOCATED IN THE HISTORIC TREME NEIGHBORHOOD. STUNNING WOOD FLOORS WITH 12 FOOT CEILINGS. VERY OPEN FLOORPLAN! THIS HOME HAS A COVERED BALCONY. THE KITCHEN HAS A BREAKFAST BAR, BEAUTIFUL COUNTERTOPS AND STAINLESS APPLIANCES.
-
2025-06-28price $370,000 242-char remark
Show marketing remark (242 chars)
SEVEN YEAR OLD HOME LOCATED IN THE HISTORIC TREME NEIGHBORHOOD. STUNNING WOOD FLOORS WITH 12 FOOT CEILINGS. VERY OPEN FLOORPLAN! THIS HOME HAS A COVERED BALCONY. THE KITCHEN HAS A BREAKFAST BAR, BEAUTIFUL COUNTERTOPS AND STAINLESS APPLIANCES.
-
2025-06-28price $370,000 242-char remark
Show marketing remark (242 chars)
SEVEN YEAR OLD HOME LOCATED IN THE HISTORIC TREME NEIGHBORHOOD. STUNNING WOOD FLOORS WITH 12 FOOT CEILINGS. VERY OPEN FLOORPLAN! THIS HOME HAS A COVERED BALCONY. THE KITCHEN HAS A BREAKFAST BAR, BEAUTIFUL COUNTERTOPS AND STAINLESS APPLIANCES.
-
2025-06-04price $384,900 242-char remark
Show marketing remark (242 chars)
SEVEN YEAR OLD HOME LOCATED IN THE HISTORIC TREME NEIGHBORHOOD. STUNNING WOOD FLOORS WITH 12 FOOT CEILINGS. VERY OPEN FLOORPLAN! THIS HOME HAS A COVERED BALCONY. THE KITCHEN HAS A BREAKFAST BAR, BEAUTIFUL COUNTERTOPS AND STAINLESS APPLIANCES.
-
2025-06-04price $384,900 242-char remark
Show marketing remark (242 chars)
SEVEN YEAR OLD HOME LOCATED IN THE HISTORIC TREME NEIGHBORHOOD. STUNNING WOOD FLOORS WITH 12 FOOT CEILINGS. VERY OPEN FLOORPLAN! THIS HOME HAS A COVERED BALCONY. THE KITCHEN HAS A BREAKFAST BAR, BEAUTIFUL COUNTERTOPS AND STAINLESS APPLIANCES.
-
2025-05-19$390,000 Active 242-char remark
Show marketing remark (242 chars)
SEVEN YEAR OLD HOME LOCATED IN THE HISTORIC TREME NEIGHBORHOOD. STUNNING WOOD FLOORS WITH 12 FOOT CEILINGS. VERY OPEN FLOORPLAN! THIS HOME HAS A COVERED BALCONY. THE KITCHEN HAS A BREAKFAST BAR, BEAUTIFUL COUNTERTOPS AND STAINLESS APPLIANCES.
-
2025-05-19$390,000 Active 242-char remark
Show marketing remark (242 chars)
SEVEN YEAR OLD HOME LOCATED IN THE HISTORIC TREME NEIGHBORHOOD. STUNNING WOOD FLOORS WITH 12 FOOT CEILINGS. VERY OPEN FLOORPLAN! THIS HOME HAS A COVERED BALCONY. THE KITCHEN HAS A BREAKFAST BAR, BEAUTIFUL COUNTERTOPS AND STAINLESS APPLIANCES.
-
2024-04-12historical $3,200
-
2024-01-12price $415,000
-
2024-01-03$3,200
-
2023-12-18$415,000
-
2022-04-01price $465,000
-
2022-02-25price $475,000
-
2022-02-23price $485,000
-
2022-02-04$465,000
-
2019-01-02$449,000
-
2016-11-03soldstatus $40,000
-
2016-10-31soldstatus $40,000 Sold
-
2016-10-09historical Pending Continue to Show
-
2016-07-19$55,000 Active
-
2016-07-15$55,000
-
1987-11-09soldstatus $12,500
ⓘ 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
- $6,508 · $542/mo
- Projected year-2 tax
- $6,508 · $542/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 · 21 d/yr by 30 yrs out
- Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
- Air quality 4/10 Moderate 4 unhealthy d/yr today · 4 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
- $33,999
- − Mortgage interest
- −$19,605
- − Property taxes
- −$6,508
- − Insurance
- −$2,548
- − Repairs & maintenance
- −$2,720
- − Management
- −$2,720
- − Depreciation
- −$10,182
- Taxable loss
- −$10,284
- Est. tax savings @ 24.0%
- +$2,468
- After-tax cash flow
- $-1,754/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
- Orleans Parish
- NCES district ID
- 2201170
- Math proficiency
- 11% ▼ -52.00%
- Reading proficiency
- 27% ▼ -46.00%
- Median HH income
- $37,011
- Composite
- 15.78/100
- National rank
- #9271
- State rank
- #69 of 98 in LA
Livability — New Orleans
- Score
- 81/100
- State rank
- #3
- US rank
- #1383
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- New Orleans, LA
- County
- Orleans Parish · 338,817 people
- City population
- 338,817
- Metro
- New Orleans-Metairie, LA
- Population (ZIP)
- 10,404
- Household income
- $52,306
- Rent vs Own
- Severe rent burden
- 1001.0
Population outlook (Orleans County) Hauer SSP2
- Today (2025)
- 513,025 people
- By 2030
- 575,781 · +12.2%
- By 2040
- 700,174 · +36.5%
- By 2050
- 826,541 · +61.1%
- By 2075
- 1,123,374 · +119.0%
- By 2100
- 1,355,609 · +164.2%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.63)
- Race & ethnicity
- White 45% Black 40% Hispanic / Latino 10% Two or more races 8%
- Hispanic origin (detail)
- Mexican 1% Cuban 3%
- Common ancestry
- Lithuanian 6% Slovak 3% Romanian 3%
- Foreign-born
- 5% · Canada
- Languages at home
- 90% English-only · Spanish 6% French/Haitian/Cajun 2%
Political lean MEDSL · Orleans
- 2024 margin
- Solid D (+67.0) · D 82.2% · R 15.2% · Other 2.7%
- 2008→2024 swing
- +6.7pp toward D · 2008: 60.3pp · 2024: 67.0pp
- All cycles
- 2024: D+67.0 2020: D+68.2 2016: D+66.2 2012: D+62.5 2008: D+60.3
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -144.83%
- Current HPI
- 275.5453
- Rent YoY
- ▲ 0.18%
- 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
+2700.0% since first listed25 events — show timeline
- 2026-03-18 Price Changed $350,000 AcadianaMLS
- 2026-03-18 Price Changed $350,000 GSREIN
- 2025-10-29 Price Changed $360,000 AcadianaMLS
- 2025-10-29 Price Changed $360,000 GSREIN
- 2025-06-28 Price Changed $370,000 AcadianaMLS
- 2025-06-28 Price Changed $370,000 GSREIN
- 2025-06-04 Price Changed $384,900 AcadianaMLS
- 2025-06-04 Price Changed $384,900 GSREIN
- 2025-05-19 Listed $390,000 GSREIN
- 2025-05-19 Listed $390,000 AcadianaMLS
- 2024-04-12 Rental Removed $3,200 GSREIN
- 2024-01-12 Price Changed $415,000 GSREIN
- 2024-01-03 Listed for Rent $3,200 GSREIN
- 2023-12-18 Listed $415,000 AcadianaMLS
- 2022-04-01 Price Changed $465,000 GSREIN
- 2022-02-25 Price Changed $475,000 GSREIN
- 2022-02-23 Price Changed $485,000 GSREIN
- 2022-02-04 Listed $465,000 AcadianaMLS
- 2019-01-02 Listed $449,000 AcadianaMLS
- 2016-11-03 Sold (Public Records) $40,000 Public Records
- 2016-10-31 Sold (MLS) $40,000 GSREIN
- 2016-10-09 Contingent — GSREIN
- 2016-07-19 Listed $55,000 GSREIN
- 2016-07-15 Listed $55,000 AcadianaMLS
- 1987-11-09 Sold (Public Records) $12,500 Public Records
Property tax history
+34.7%/yrLatest (2026): $6,508 · +1.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…