2835 Paris Ave, New Orleans, LA 70119

4 bd · 2.5 ba · 2,240 sqft · built 1940 · New Orleans · SINGLE_FAMILY·source listing ↗

$204,900

$215,000 first listed

seller intel

Price cut

−4.7%

from $215,000

Motivation score

26/100

OnePercent model (vv1)$2,830/mo

p10–p90 confidence band

HUD Fair Market Rent · 70119 · 4BR$2,280/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Orleans

Flood risk indexRelatively High FEMA NRI

Median household income$53,143

Median area rent$1,354/mo

Median home value$371,000

the verdict

1.38%vs 1.0% target

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

$204,900

1.38% · rent $2,830

Intrinsic value · income approach

$440,078

53% 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.