6200 Riverside Dr, Metairie, LA 70003

2 bd · 2 ba · 1,036 sqft · built 1978 · Metairie · CONDOS·source listing ↗

$69,000

seller intel

Motivation score

10/100

OnePercent model (vv1)

$1,359/mo

p10–p90 confidence band

HUD Fair Market Rent · 70003 · 2BR$1,340/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

1.97%vs 0.8% target

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

$69,000

1.97% · rent $1,359

Intrinsic value · income approach

$182,160

62% 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.