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350 Emerald Forest Blvd, Covington, LA 70433 — $112,000 · 1bd · ~1.5% rule | OnePercent

350 Emerald Forest Blvd, Covington, LA 70433

$112,000

Overview Financials Comps Location Analysis Calculator Nearby Risk Neighborhood Market

Home·Covington 70433·350 Emerald Forest Blvd, Covington, LA 70433

Last confirmed 5 days ago · −10.4% since list · seller motivation 60

350 Emerald Forest Blvd, Covington, LA 70433

1 bd · 1 ba · 688 sqft · built 1999 · Covington · CONDOS·source listing ↗

$112,000

$125,000 first listed

seller intel

Price cut

−10.4%

from $125,000

Motivation score

60/100

rent, three ways

OnePercent model (vv1)$1,700/mo

p10–p90 confidence band

HUD Fair Market Rent · 70433 · 1BR$1,260/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

the locale

County

St. Tammany

Flood risk indexVery High FEMA NRI

Median household income$81,241

Median area rent$1,424/mo

Median home value$325,000

the verdict

1.52%vs 0.8% target

wide confidence band

Modeled rent: $1,700/morent estimate
Property tax: —listing
Insurance: $3,739/yrstate avg
HOA: $545/molisting

Cap rate: 11.8%
Cash flow: +$531/mo
Cash-on-cash: 24.7%

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

$112,000

1.52% · rent $1,700

Intrinsic value · income approach

$265,142

58% 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.

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