308-310 Cherry St, Metairie, LA 70005

5 bd · 2 ba · 2,051 sqft · built 1970 · Metairie · MULTI_FAMILY·source listing ↗

$274,900

$299,900 first listed

seller intel

Price cut

−8.3%

from $299,900

Motivation score

43/100

OnePercent model (vv1)$2,402/mo

the verdict

0.87%vs 1.2% target

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

$274,900

0.87% · rent $2,402

p10–p90 confidence band

HUD Fair Market Rent · 70005 · 5BR—

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$89,194

Median area rent$1,178/mo

Median home value$430,200

Intrinsic value · income approach

$448,116

39% 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.