6320 Riverside Dr, Metairie, LA 70003

1 bd · 1 ba · 636 sqft · built 1984 · Metairie · CONDOS·source listing ↗

$49,900

$74,990 first listed

seller intel

Price cut

−33.5%

from $74,990

Motivation score

60/100

OnePercent model (vv1)$1,630/mo

p10–p90 confidence band

HUD Fair Market Rent · 70003 · 1BR$1,120/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Jefferson

Flood risk indexRelatively High FEMA NRI

Median household income$76,261

Median area rent$1,222/mo

Median home value$261,000

the verdict

3.27%vs 0.8% target

wide confidence band

financing: 20% down · — (FRED, live) · 30yr

$49,900

3.27% · rent $1,630

Intrinsic value · income approach

$218,436

77% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.