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2028 Ellen Park Pl, New Orleans, LA 70131 — $85,000 · 3bd · ~1.9% rule | OnePercent

2028 Ellen Park Pl, New Orleans, LA 70131

$85,000

Home·New Orleans 70131·2028 Ellen Park Pl, New Orleans, LA 70131

Last confirmed 5 days ago

2028 Ellen Park Pl, New Orleans, LA 70131

3 bd · 2 ba · 1,000 sqft · built 1962 · New Orleans · SINGLE_FAMILY·source listing ↗

$85,000

rent, three ways

OnePercent model (vv1)$1,617/mo

p10–p90 confidence band

HUD Fair Market Rent · 70131 · 3BR

$1,710/mo

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$62,389

Median area rent$1,069/mo

Median home value$237,700

the verdict

1.90%vs 1.0% target

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

$85,000

1.90% · rent $1,617

Intrinsic value · income approach

$172,374

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.