3013 Ridgelake Dr, Metairie, LA 70002

2 bd · 1.5 ba · 954 sqft · built 1981 · Metairie · CONDOS·source listing ↗

$150,000

rent, three ways

OnePercent model (vv1)

$2,017/mo

p10–p90 confidence band

HUD Fair Market Rent · 70002 · 2BR$1,340/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Jefferson

Flood risk indexVery High FEMA NRI

Median household income$65,436

Median area rent$1,175/mo

Median home value$381,800

the verdict

1.34%vs 0.8% target

wide confidence band

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

$150,000

1.34% · rent $2,017

Intrinsic value · income approach

$303,090

51% 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.