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1616 Elizardi Blvd, New Orleans, LA 70114 — $199,900 · 6bd · ~1.3% rule | OnePercent

1616 Elizardi Blvd, New Orleans, LA 70114

$199,900

Home·New Orleans 70114·1616 Elizardi Blvd, New Orleans, LA 70114

Last confirmed 5 days ago

1616 Elizardi Blvd, New Orleans, LA 70114

6 bd · 4 ba · 2,200 sqft · built 1968 · New Orleans · MULTI_FAMILY·source listing ↗

$199,900

rent, three ways

OnePercent model (vv1)$2,573/mo

p10–p90 confidence band

HUD Fair Market Rent · 70114 · 6BR

—

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$43,493

Median area rent$1,188/mo

Median home value$206,700

the verdict

1.29%vs 1.2% target

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

$199,900

1.29% · rent $2,573

Intrinsic value · income approach

$292,691

32% 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.