Property ID: 7287350076
2209 Athania Pkwy, Metairie, LA, 70001
Metairie, LA
Money Down: $67,200
CoC Return: -1.97%
Monthly Cash Flow: $-110
Editable financing assumptions (defaults: 4% closing costs, 7% interest).
Down Payment
$56,000
Closing Costs
$11,200
Total Down
$67,200
Investment Snapshot
Purchase Price
$280,000
Money Down
$67,200
Cash-on-Cash Return
-1.97%
Rent
$1,696
Monthly Cash Flow
$-110
Annual Cash Flow
$-1,324
Debt Service / Mo
$1,490
Property Tax / Mo
$81
Insurance / Mo
$65
Quality Score and Underwriting
Monthly Cash Flow Breakdown
Rent (Projected)
$1,696
Payment Standard
$1,983
Rent
$1,696
Insurance
$65
Property Tax
$81
Management
$170
Utilities Allowance
$287
NOI (Monthly)
$1,380
Debt Service
$1,490
Cash Flow After Debt
$-110
Quality Score: 74.60%
Confidence: 94.00%
This 1965 single‑family brick home appears largely rent-ready with well‑maintained interior finishes, intact structure, and functioning major appliances visible. Main NSPIRE risks are confirmatory: presence/operation of smoke and CO detectors, GFCI protection at wet areas, verification of HVAC and hot water operation, and inspection of the vintage bathroom heater. With routine verification and minor code fixes (install/replace detectors, add GFCI outlets as required, address any mechanical servicing), the property is likely to pass an initial HCV/NSPIRE inspection within 30 days.
Section 8 Payment Standard
$1,983
Utility Allowance Total
$287
Guaranteed Section 8 Rent (PS - Utilities)
$1,696
Property Management
$170
Property Fundamentals
Status
For Sale
Type
single_family
List Price
$280,000
Beds
3
Baths
2
Living Area
1,682 sqft
Lot Size
—
Year Built
1965
Days on Market
90
Capital Outlay
$67,200
Debt Service
$1,490
Property Tax / Mo
$81
Insurance / Mo
$65
Property Description
Here's a mid-century charmer ! One owner , beautiful original oak floors, did not flood during Katrina. Solid Construction waiting for its new owners. Opportunities Galore here~ Come see this well maintained 3 bed 2 bath , all brick home with and an attached garage in the heart of Metairie . This home is inherited by way of a living trust. The property was being used as Residential but is zoned BC2 ( Business Core District) which allows for a variety of businesses like retail, offices and services as well as Residential. If you are looking to have a small business or live and work from your home this one is for you . This home sits on a double slab. Please allow 48 Hrs response on all offers and please have proof of funds for all Cash Offers or a pre approval letter from a lender for financed offers.
Utility Allowances
Heating
$70
Property has central heating and the listing specifies 'Gas: Natural'. The natural gas option was selected from the schedule.
Cooking
$12
Property includes a cooktop and oven. With natural gas available, this is the most likely and cost-effective fuel source.
Water Heating
$24
Fuel type is not specified, but since natural gas is available, it is the most probable and economical choice for water heating.
Other Electric
$67
A standard allowance for general electricity usage, including lights, outlets, and any tenant-provided appliances like a refrigerator or microwave, which are not listed as included.
Water
$43
The property listing confirms a 'Public' water source.
Sewer
$46
The property listing confirms connection to 'City' / 'Public Sewer'.
Trash Collection
$25
Included as a standard municipal service for a single-family home.
Source References
Payment Standard Source
Effective Date:
Jan 01, 2025
Utility Allowance Source
Effective Date:
Jan 01, 2026
No utility allowance source links available.
Insurance Quotes
Coverage Options
View QuoteDP1 Annual Estimate$766
DP3 Annual Estimate$801
DP1 Monthly Equivalent$64
DP3 Monthly Equivalent$67
Replacement Value$22,500
Basis1,682 sqft / 1965
Nearby Houses
Photo unavailable
2208 Athania Pkwy
sold · 0.03 mi
Price: $180,000
— bd / — ba
Latest sale: — on Aug 09, 2021
Latest rent: —
Photo unavailable
2324 N Hullen St Unit 302
off_market · 0.11 mi
Price: $1,895
2 bd / 1 ba · 800 sqft
Latest sale: —
Latest rent: —
Photo unavailable
1112 Athania Pkwy
off_market · 0.22 mi
Price: $1,500
2 bd / 1 ba · 847 sqft
Latest sale: —
Latest rent: $1,600 on Sep 05, 2025
Photo unavailable
2115 N Causeway Blvd
for_sale · 0.25 mi
Price: $265,000
3 bd / 2 ba · 1,520 sqft
Latest sale: — on Dec 15, 2020
Latest rent: —
Photo unavailable
2301 Edenborn Ave Apt 401
for_sale · 0.27 mi
Price: $95,000
2 bd / 1 ba · 858 sqft
Latest sale: —
Latest rent: —
Photo unavailable
2301 Edenborn Ave Apt 708
for_sale · 0.27 mi
Price: $95,000
2 bd / 1 ba · 864 sqft
Latest sale: — on Aug 09, 2006
Latest rent: $1,100 on Mar 23, 2024
Photo unavailable
2301 Edenborn Ave Apt 507
for_sale · 0.27 mi
Price: $112,500
2 bd / 1 ba · 830 sqft
Latest sale: — on May 21, 2020
Latest rent: $1,500 on Feb 26, 2026
Photo unavailable
2301 Edenborn Ave Apt 307
for_sale · 0.27 mi
Price: $115,000
2 bd / 1 ba · 860 sqft
Latest sale: — on Jan 11, 2013
Latest rent: —
Photo unavailable
2301 Edenborn Ave Apt 207
off_market · 0.27 mi
Price: $99,000
1 bd / 1 ba · 544 sqft
Latest sale: — on Sep 23, 2022
Latest rent: $1,050 on Nov 01, 2022
Photo unavailable
2301 Edenborn Ave Apt 409
sold · 0.28 mi
Price: $82,000
2 bd / 1 ba · 830 sqft
Latest sale: — on Jul 02, 2021
Latest rent: —
Photo unavailable
3205 40th St
off_market · 0.29 mi
Price: $340,000
3 bd / 2 ba · 2,436 sqft
Latest sale: —
Latest rent: $2,000 on May 06, 2025
Photo unavailable
3125 40th St Lot L
off_market · 0.32 mi
Price: $249,000
— bd / — ba
Latest sale: —
Latest rent: —
Photo unavailable
3113 40th St Lot L
for_sale · 0.33 mi
Price: $306,000
— bd / — ba
Latest sale: —
Latest rent: —
Photo unavailable
978 Athania Pkwy
for_sale · 0.33 mi
Price: $359,000
3 bd / 2 ba · 1,561 sqft
Latest sale: — on Jul 14, 2023
Latest rent: $2,000 on Jul 01, 2015
Photo unavailable
3020 39th St
for_sale · 0.35 mi
Price: $275,000
3 bd / 1 ba · 1,060 sqft
Latest sale: —
Latest rent: —
Photo unavailable
2330 Edenborn Ave Apt 328
for_sale · 0.36 mi
Price: $91,500
1 bd / 1 ba · 545 sqft
Latest sale: —
Latest rent: $650 on Sep 24, 2014
Photo unavailable
2330 Edenborn Ave Apt 116
for_sale · 0.36 mi
Price: $92,000
1 bd / 1 ba · 542 sqft
Latest sale: —
Latest rent: —
Photo unavailable
3117 41st St
for_sale · 0.37 mi
Price: $925,000
4 bd / 4 ba · 3,127 sqft
Latest sale: — on Aug 01, 2023
Latest rent: $6,000 on Oct 22, 2024
Properties Used for Comps
No comp properties were returned in this payload.
Risk and Criteria Detail
Red Flags
- success
Assumptions
- Central HVAC is present and operational based on visible ceiling supply/return vents; system condition not directly verified.
- No active roof leaks or major structural issues; roof appears recently shingled in photos so assumed watertight.
- Hot water system exists and provides hot water; water heater not pictured and operability unverified.
- Smoke detectors and carbon monoxide alarms may exist but are not clearly visible in photos; their presence and operation are assumed not guaranteed and must be verified.
- GFCI protection at kitchen and bathroom outlets is not visible in photos; assume not present and that installation may be required.
- Front entry deadbolt is not clearly visible in photos; assume either missing or needs verification for secure egress.
- No visible peeling lead-hazard paint or mold in photos; however the house was built in 1965 so lead‑based paint risk exists and requires disclosure/testing per regulations.
Tax and Sale History
Property Tax History
| Year | Tax | Market Total | Assessment Total |
|---|---|---|---|
| 2025 | $946 | $75,000 | $7,500 |
| 2024 | $945 | $75,000 | $7,500 |
| 2023 | $986 | $75,000 | $7,500 |
| 2022 | $960 | $75,000 | $7,500 |
| 2021 | $892 | $75,000 | $7,500 |
| 2020 | $886 | $75,000 | $7,500 |
| 2019 | $910 | $75,000 | $7,500 |
| 2018 | $850 | $75,000 | $7,500 |
| 2017 | $850 | $75,000 | $7,500 |
| 2016 | $834 | $75,000 | $7,500 |
| 2015 | $854 | $75,000 | $7,500 |
| 2014 | $843 | $75,000 | $7,500 |
| 2013 | $843 | $75,000 | $7,500 |
| 2010 | $770 | $75,000 | $7,500 |
| 2009 | $770 | $75,000 | $7,500 |
Sale History
| Date | Event | Price |
|---|---|---|
| 2026-01-09 | Listed | $280,000 |
| 2026-01-08 | Listing removed | $0 |
| 2025-09-20 | Price Changed | $315,000 |
| 2025-07-09 | Relisted | $325,000 |
| 2025-07-02 | Listing removed | $0 |
| 2025-06-28 | Listed | $325,000 |
Photo Gallery
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"Lot Size Dimensions: .09",
"Lot Size Square Feet: 1468"
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"Association Fee: 568",
"Association Fee Frequency: Monthly",
"Calculated Total Monthly Association Fees: 568",
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},
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},
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"score": 85.0,
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}
],
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"confidence": 0.65,
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"No active roof leaks or major structural issues; roof appears recently shingled in photos so assumed watertight.",
"Hot water system exists and provides hot water; water heater not pictured and operability unverified.",
"Smoke detectors and carbon monoxide alarms may exist but are not clearly visible in photos; their presence and operation are assumed not guaranteed and must be verified.",
"GFCI protection at kitchen and bathroom outlets is not visible in photos; assume not present and that installation may be required.",
"Front entry deadbolt is not clearly visible in photos; assume either missing or needs verification for secure egress.",
"No visible peeling lead-hazard paint or mold in photos; however the house was built in 1965 so lead‑based paint risk exists and requires disclosure/testing per regulations."
],
"overall_score": 76.0,
"rubric_version": "1.0"
},
{
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"criteria": [
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"label": "Visible condition & repair needs",
"score": 80.0,
"rationale": "Interior and exterior photos show a well-maintained mid-century single-story brick home with original oak hardwood floors in good visible condition, intact drywall, functioning cabinetry and countertops, and all major kitchen appliances visible (refrigerator, built-in oven, cooktop, hood). Bathrooms appear complete with tiled surrounds and fixtures. Cosmetic deferred items (dated cabinetry, vinyl flooring in kitchen, vintage tile colors, interior paint/touch-up) are present but low-cost to remediate. No visible collapsed ceilings, large holes, or exposed subfloor. Overall repair need is minor-to-moderate cosmetic updates rather than major rehab."
},
{
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"label": "Life-safety & code compliance risk",
"score": 65.0,
"rationale": "No obvious life‑threatening hazards visible (no collapsed ceilings, standing water, major mold stains, or exposed high-voltage wiring). Entry door appears solid and likely has keyed hardware. Windows look intact and egress-capable for bedrooms. However, smoke/CO detector coverage and GFCI protection are not clearly visible in the photos (only one small round device visible on a wall but its function is unclear), and the property has an older in-wall bathroom heater/grille which may require inspection for safe operation. Electrical panel location and condition not shown. Because critical safety items (smoke detectors, CO alarms where required, GFCI outlets in kitchen/bath, electrical panel integrity) cannot be confirmed from photos, assign moderate risk until verified."
},
{
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"score": 70.0,
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},
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"label": "Exterior & site condition",
"score": 90.0,
"rationale": "Exterior brick envelope looks sound, yard and driveway in good repair, attached garage and garage door present and appear serviceable. No visible foundation cracking or significant grade/drainage problems in the photos; listing states the house sits on a double slab (helps stability). No evidence of exterior neglect, major pest infestation, or standing water visible in provided images."
}
],
"red_flags": [],
"confidence": 0.7,
"assumptions": [
"Central HVAC is present (round ceiling vents visible) and is operational or repairable; no visible evidence of missing heating/cooling system.",
"Kitchen appliances shown in photos (refrigerator, built-in oven, cooktop, hood) will remain/are functional or will be replaced; missing modern upgrades are cosmetic.",
"Smoke detectors and carbon monoxide alarms are not clearly visible in photos; assume they may be missing or insufficient until verified.",
"Electrical panel, GFCI protection, water heater and main plumbing access are not visible in photos; assume typical older home condition but intact unless inspection finds otherwise.",
"No visible water stains or roof sagging in photos; assume no active roof leaks but recommend roof/attic inspection to confirm.",
"Listing statement that house 'did not flood during Katrina' and sits on a double slab is correct and indicates no ongoing foundation water intrusion visible from exterior photos."
],
"overall_score": 75.0,
"rubric_version": "2026-03-NSPIRE-v1"
},
{
"summary": "Overall this is a well-maintained mid-century single-family home with solid exterior, good hardwood floors and intact interior finishes. Major safety/inspection risks visible in the listing photos are missing or unverified smoke and carbon-monoxide alarms and likely absence of GFCI protection in kitchen/bath—these are common initial Section 8 inspection failures but are straightforward to remedy. Major systems (roof, HVAC ducting, plumbing fixtures) appear present and intact though older and should be function-tested. With installation of required detectors, GFCI outlets where required, and routine system checks (HVAC, water heater, electrical), this property is likely rent-ready for Section 8 within 2–4 weeks.",
"criteria": [
{
"key": "condition_repairs",
"label": "Visible condition & repairs",
"score": 78.0,
"rationale": "Interior and exterior appear well maintained with original oak floors in good condition, intact drywall, solid brick exterior, and functioning built-in kitchen appliances visible (double oven and gas cooktop) plus a refrigerator. Kitchen and baths are dated (wood paneling, vintage tile and fixtures) but show no obvious deferred-maintenance (no visible rot, large stains, or collapsed elements). Minor cosmetic updates (paint, cabinet refinishing, replacing some fixtures, possibly replacing linoleum in kitchen) would be expected. Missing/new appliance risk is low (fridge and ovens shown). Overall: minor-to-moderate cosmetic work only."
},
{
"key": "safety_code",
"label": "Section 8 / NSPIRE safety & code risk",
"score": 60.0,
"rationale": "No smoke detectors are visible in the photos and no carbon-monoxide detector is visible (property has gas cooktop), which are common automatic inspection failures. GFCI protection in the kitchen and bathrooms is not evident in photos and likely absent given the age of the finishes; that is also an expected deficiency. Doors and windows appear intact and egress from bedrooms appears likely. No exposed wiring, obvious loose guardrails, collapsed ceilings, active leaks, or major mold staining visible. Because required alarm devices and GFCI protection are likely missing or improperly located, this represents a moderate inspection failure risk but is straightforward to remediate."
},
{
"key": "systems_mechanical",
"label": "Major systems & mechanical condition",
"score": 70.0,
"rationale": "Roof shingles look in good visual condition (no sagging or visible leaks in attic/ceiling photos). Ceiling round diffusers indicate central HVAC ducting is present; no visible signs of active failure inside. Plumbing fixtures and tile surround look intact with no visible leaks or major water damage. Water heater and exterior HVAC condensing unit are not shown (unknown condition). Electrical panel and grounding not visible for assessment. Systems appear present and likely operational but several components are older and should be tested (HVAC function/efficiency, water heater, electrical grounding/GFCI)."
},
{
"key": "exterior_site",
"label": "Exterior envelope & site condition",
"score": 85.0,
"rationale": "Brick exterior, driveway, attached garage, and lawn present good curb appeal and appear maintained. Roofline is straight (no visible sag) and gutters are present. House sits on a double slab per listing — reduces crawlspace/flood entry risk. No visible standing water, major foundation cracks, or exterior structural distress in photos. Landscaping is simple and tidy; walkways look serviceable."
}
],
"red_flags": [
"No visible smoke detectors in living areas/bedrooms (inspection failure risk).",
"No visible carbon-monoxide detector (required with gas appliances; inspection failure risk).",
"Likely lack of GFCI outlets in kitchen and bathroom (inspection failure risk).",
"Systems (HVAC, water heater, electrical panel) not shown or tested in photos — condition unverified; possible mechanical-service needs."
],
"confidence": 0.6,
"assumptions": [
"Central HVAC exists and is functional (inferred from round ceiling diffusers visible in multiple rooms); age and performance unknown.",
"No smoke detectors or carbon-monoxide detector are installed in code-compliant locations (none visible in images); assume at least these are missing or improperly located and will need installation.",
"GFCI protection is not present in the kitchen and bathroom (not visible in photos); assume outlets are older and may require upgrade.",
"No active roof leaks or major water intrusion present (no stains or sagging ceilings were photographed); assume roof is sound based on visible exterior shingles and straight interior ceilings.",
"Electrical panel condition and service capacity not shown; assume typical for a 1965 home and that some updates may be needed but no visible hazards were seen.",
"Water heater and exterior HVAC condensing unit were not photographed; assume they are present but their condition is unverified.",
"Front entry door hardware (deadbolt) is not clearly visible; assume secure locking hardware may need verification or upgrade to meet inspection expectations."
],
"overall_score": 73.0,
"rubric_version": "ns_pire_v1.0"
}
],
"model": "gpt-5-mini-2025-08-07",
"errors": [],
"address": "2209 Athania Pkwy, Metairie, LA, 70001",
"aggregate": {
"summary": "This 1965 single‑family brick home appears largely rent-ready with well‑maintained interior finishes, intact structure, and functioning major appliances visible. Main NSPIRE risks are confirmatory: presence/operation of smoke and CO detectors, GFCI protection at wet areas, verification of HVAC and hot water operation, and inspection of the vintage bathroom heater. With routine verification and minor code fixes (install/replace detectors, add GFCI outlets as required, address any mechanical servicing), the property is likely to pass an initial HCV/NSPIRE inspection within 30 days.",
"criteria": [
{
"key": "condition_repairs",
"label": "Condition & Repairs",
"score": 79.3,
"rationale": "Interior appears well maintained: original oak hardwoods in good visible condition, intact drywall and trim, kitchen and bathrooms are vintage but orderly. Major appliances visible (refrigerator, built-in oven and cooktop, range hood) which reduces tenant turnover work. Minor updates likely (cosmetic kitchen/bath refresh, replace worn vinyl floor in kitchen, cabinet/hinge repairs) but no visible deferred-maintenance (peeling paint, large stains, broken floors)."
},
{
"key": "exterior_site",
"label": "Exterior & Site Condition",
"score": 86.7,
"rationale": "Exterior brick envelope and roof line look sound; lawn and driveway well maintained; attached garage door intact; property sits on double slab per listing (reduces crawlspace moisture concerns). No standing water, visible foundation cracks, or exterior deterioration observed in photos."
},
{
"key": "safety_code",
"label": "Safety / Code Risks",
"score": 65.0,
"rationale": "No active life‑threatening hazards visible: ceilings solid, no visible water intrusion, no exposed wiring, guardrails/stairs not applicable for single‑story. Concerns: smoke detectors are not clearly visible in photos (one small round device on a wall may be CO/smoke but location/operation unknown), GFCI protection at kitchen sink outlet not evident, front entry deadbolt not clearly visible. Bedroom egress windows appear present. Because several required detectors/outlet protections are not verifiable from photos, this raises moderate NSPIRE risk."
},
{
"key": "systems_mechanical",
"label": "Systems / Mechanical",
"score": 70.0,
"rationale": "Central HVAC supply/return vents are visible in multiple rooms indicating a central system likely present. Roof appears recently shingled and in good visual condition. No water heater, electrical panel, or HVAC equipment shown so operability must be verified. Bathroom shows a vintage wall heater (older unit) — may require inspection for venting/code. Plumbing fixtures and tile are intact in photos but actual hot water and drain performance are unverified."
}
],
"red_flags": [],
"confidence": 0.94,
"assumptions": [
"Central HVAC is present and operational based on visible ceiling supply/return vents; system condition not directly verified.",
"No active roof leaks or major structural issues; roof appears recently shingled in photos so assumed watertight.",
"Hot water system exists and provides hot water; water heater not pictured and operability unverified.",
"Smoke detectors and carbon monoxide alarms may exist but are not clearly visible in photos; their presence and operation are assumed not guaranteed and must be verified.",
"GFCI protection at kitchen and bathroom outlets is not visible in photos; assume not present and that installation may be required.",
"Front entry deadbolt is not clearly visible in photos; assume either missing or needs verification for secure egress.",
"No visible peeling lead-hazard paint or mold in photos; however the house was built in 1965 so lead‑based paint risk exists and requires disclosure/testing per regulations."
],
"score_method": "mean_of_criteria",
"overall_score": 74.6,
"rubric_version": "1.0",
"confidence_method": "derived_from_run_agreement"
},
"property_id": "7287350076"
}
}
This dashboard combines underwriting, voucher payment standards, utilities, and local property signals in one workflow.