2212 Delaware Ave, Kenner, LA 70062

3 bd · 2 ba · 2,340 sqft · built 1960 · Kenner · SINGLE_FAMILY·source listing ↗

$198,000

$199,000 first listed

seller intel

Price cut

−0.5%

from $199,000

Motivation score

7/100

OnePercent model (vv1)

$2,273/mo

p10–p90 confidence band

HUD Fair Market Rent · 70062 · 3BR$1,710/mo

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$51,477

Median area rent$1,233/mo

Median home value$200,300

the verdict

1.15%vs 1.0% target

wide confidence band

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

$198,000

1.15% · rent $2,273

Intrinsic value · income approach

$270,930

27% 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.