Property ID: 7689918309
237 Carnation Ave, Metairie, LA, 70001
Metairie, LA
Money Down: $66,000
CoC Return: -1.58%
Monthly Cash Flow: $-87
Editable financing assumptions (defaults: 4% closing costs, 7% interest).
Down Payment
$55,000
Closing Costs
$11,000
Total Down
$66,000
Investment Snapshot
Purchase Price
$275,000
Money Down
$66,000
Cash-on-Cash Return
-1.58%
Rent
$1,696
Monthly Cash Flow
$-87
Annual Cash Flow
$-1,040
Debt Service / Mo
$1,464
Property Tax / Mo
$81
Insurance / Mo
$69
Quality Score and Underwriting
Monthly Cash Flow Breakdown
Rent (Projected)
$1,696
Payment Standard
$1,983
Rent
$1,696
Insurance
$69
Property Tax
$81
Management
$170
Utilities Allowance
$287
NOI (Monthly)
$1,377
Debt Service
$1,464
Cash Flow After Debt
$-87
Quality Score: 76.90%
Confidence: 93.00%
This appears to be a recently renovated single-family home that is close to Section 8 / NSPIRE ready. Major cosmetic and system upgrades are complete (new flooring, kitchen, baths, and new central A/C). The property shows only minor finish and code items in photos — uncovered electrical boxes/cover plates, a bathroom ceiling/vent rough-in, and no visible smoke/CO detectors or clearly identified GFCI outlets. These are generally easy/quick fixes; after addressing them and verifying hot water/heating and appliance presence, the unit is likely to pass an initial HCV inspection within 1–3 weeks.
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
$275,000
Beds
3
Baths
2
Living Area
1,211 sqft
Lot Size
4,800 sqft
Year Built
1948
Days on Market
192
Capital Outlay
$66,000
Debt Service
$1,464
Property Tax / Mo
$81
Insurance / Mo
$69
Property Description
Come see this remodeled 3 Bedroom, 2 Bath home conveniently located near Transcontinental and Airline Hwy in Bridgedale Subdivision!! Home features new Premium Vinyl Wood Plank flooring, Stainless Steel appliances, Marble and Quartzite countertops, new lighting and fixtures, amazing primary bathroom, new central A/C, and so much more!! Large backyard with separate shed/workshop and two laundry hookups (one in shed and one in primary bedroom closet) as well!! Call today for an appointment!!
Utility Allowances
Heating
$70
Selected 'natural_gas' as the property details state natural gas service is available and it has central heating.
Cooking
$12
Selected 'natural_gas' as the property details state natural gas service is available, which is common for cooking ranges.
Water Heating
$24
Selected 'natural_gas' as the property details state natural gas service is available, which is a common fuel for water heaters.
Other Electric
$67
This is a standard allowance for general electricity, lighting, and appliances, including the property's central A/C.
Water
$43
Property details state the water source is 'Public'.
Sewer
$46
Property details state the sewer service is 'City'.
Trash Collection
$25
This is a standard municipal service for a single-family home and is assumed to be the tenant's responsibility.
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$805
DP3 Annual Estimate$842
DP1 Monthly Equivalent$67
DP3 Monthly Equivalent$70
Replacement Value$23,600
Basis1,211 sqft / 1948
Nearby Houses
Photo unavailable
216 Transcontinental Dr
off_market · 0.05 mi
Price: $289,000
3 bd / 2 ba · 1,976 sqft
Latest sale: —
Latest rent: —
Photo unavailable
409 Kent Ave
sold · 0.08 mi
Price: $239,900
4 bd / 2 ba · 1,300 sqft
Latest sale: — on Jul 02, 2021
Latest rent: —
Photo unavailable
204 Transcontinental Dr
off_market · 0.08 mi
Price: $235,000
2 bd / 1 ba · 1,125 sqft
Latest sale: — on Apr 03, 2023
Latest rent: —
Photo unavailable
209 Kent Ave
for_sale · 0.09 mi
Price: $350,000
4 bd / 3 ba · 1,941 sqft
Latest sale: — on Apr 11, 2005
Latest rent: —
Photo unavailable
213 Transcontinental Dr
for_sale · 0.09 mi
Price: $210,000
3 bd / 2 ba · 1,300 sqft
Latest sale: — on Aug 10, 2017
Latest rent: $1,800 on Oct 11, 2025
Photo unavailable
203 Kent Ave
for_sale · 0.09 mi
Price: $375,000
5 bd / 5 ba · 2,377 sqft
Latest sale: —
Latest rent: —
Properties Used for Comps
No comp properties were returned in this payload.
Risk and Criteria Detail
Red Flags
- success
- No visible smoke detectors or carbon monoxide detectors inside (required for NSPIRE).
- Uncovered electrical boxes and missing outlet/switch cover plates (electrical hazard if left unfixed).
- Potential lack of GFCI protection at kitchen and bathroom outlets (not evident in photos).
- Open ceiling/vent rough-in in bathroom (unfinished penetration that must be corrected).
Assumptions
- Listing statement that stainless steel appliances and new central A/C were included is accurate; some appliance spaces are empty in photos but appliances are assumed available or will be installed prior to lease.
- Hot water heater exists and is functional but was not photographed; assumed present in utility area or shed.
- Smoke and CO detectors are not visible in listing photos and should be considered not installed until confirmed; they will likely need verification/installation.
- The open ceiling area in the bathroom is a fan/vent rough-in and not a sign of structural damage; assumed finish work required.
- Electrical service (panel) is intact and up to code though interior cover plates and GFCI protection need confirmation and likely minor work.
- No evidence of severe hidden issues (major foundation movement, active roof leaks, mold) based on photos; if such issues exist but are concealed, remediation would lower the score significantly.
Tax and Sale History
Property Tax History
| Year | Tax | Market Total | Assessment Total |
|---|---|---|---|
| 2025 | $941 | $74,600 | $7,460 |
| 2024 | $940 | $74,600 | $7,460 |
| 2023 | $981 | $74,600 | $7,460 |
| 2022 | $955 | $74,600 | $7,460 |
| 2021 | $887 | $74,600 | $7,460 |
| 2020 | $881 | $74,600 | $7,460 |
| 2019 | $906 | $74,600 | $7,460 |
| 2018 | $845 | $74,600 | $7,460 |
| 2017 | $845 | $74,600 | $7,460 |
| 2016 | $829 | $74,600 | $7,460 |
| 2015 | $849 | $74,600 | $7,460 |
| 2014 | $839 | $74,600 | $7,460 |
| 2013 | $839 | $74,600 | $7,460 |
| 2010 | $766 | $74,600 | $7,460 |
| 2009 | $766 | $74,600 | $7,460 |
Sale History
| Date | Event | Price |
|---|---|---|
| 2025-08-19 | Sold | — |
Photo Gallery
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"annual_cash_flow_after_debt": -1039.92,
"property_management_monthly": 169.6,
"monthly_cash_flow_after_debt": -86.66,
"cash_on_cash_return_after_debt": -0.02
},
"section8_assessment": {
"runs": [
{
"summary": "This appears to be a recently renovated single-family home that is close to Section 8 / NSPIRE ready. Major cosmetic and system upgrades are complete (new flooring, kitchen, baths, and new central A/C). The property shows only minor finish and code items in photos — uncovered electrical boxes/cover plates, a bathroom ceiling/vent rough-in, and no visible smoke/CO detectors or clearly identified GFCI outlets. These are generally easy/quick fixes; after addressing them and verifying hot water/heating and appliance presence, the unit is likely to pass an initial HCV inspection within 1–3 weeks.",
"criteria": [
{
"key": "condition_repairs",
"label": "Condition & Repairs",
"score": 85.0,
"rationale": "Photos and listing show a full cosmetic remodel: new vinyl plank flooring, fresh paint, updated kitchen cabinets and counters, renovated bathrooms and new lighting. Minor finish items are visible (missing outlet/switch cover plates, an open ceiling/vent rough-in in a bathroom photo, and some cabinetry spaces awaiting appliances). No visible drywall damage, major flooring issues, or severe deferred maintenance. Missing appliances are not visible in photos but listing indicates stainless appliances included; missing appliances (if any) would be moderate, not catastrophic."
},
{
"key": "safety_code",
"label": "Safety & Code Compliance Risk",
"score": 70.0,
"rationale": "No life-threatening hazards are visible (no collapsed ceilings, no standing water, no obvious structural sagging). Potential NSPIRE risks observed: no smoke or CO detectors visible in photos, several uncovered electrical boxes/outlets and missing cover plates, and a ceiling opening in the bathroom (vent/fan rough-in) that should be closed/finished. GFCI protection at kitchen and bathroom outlets is not evident from photos. Entry door appears to have a secure lockset and deadbolt. Bedroom egress windows appear adequate. Overall likely passable after addressing electrical cover plates, confirming detectors and GFCI protection, and finishing the bathroom vent."
},
{
"key": "systems_mechanical",
"label": "Major Systems (HVAC, Elec, Plumbing)",
"score": 75.0,
"rationale": "Listing states new central A/C and ceiling vents consistent with a functioning HVAC system; an outdoor condensing unit is visible at the side yard in photos. Kitchen and bathrooms show new fixtures and modern finishes; plumbing fixtures appear installed and in good condition. Electrical service and meter are present at the side of the house; however, interior electrical finishes (cover plates) are incomplete in photos. Hot water heater is not shown; water heater location and condition are unknown. Roof shingles appear older but intact with no visible active leaks. Overall system risk is moderate — likely functional but needs verification of water heater, electrical finishing, and GFCI protection."
},
{
"key": "exterior_site",
"label": "Exterior & Site Condition",
"score": 85.0,
"rationale": "Exterior photos show a well-maintained lot: intact vinyl siding, neat landscaping, full perimeter fencing, a paved driveway with gated access, and a separate shed/workshop in the rear (listing also mentions shed laundry hookup). Walkway and stoop are intact; front steps have only 2 risers (no handrail required by most codes). No standing water, significant foundation cracking, or visible pest infestation. Curb appeal and site safety are good."
}
],
"red_flags": [
"No visible smoke detectors or carbon monoxide detectors inside (required for NSPIRE).",
"Uncovered electrical boxes and missing outlet/switch cover plates (electrical hazard if left unfixed).",
"Potential lack of GFCI protection at kitchen and bathroom outlets (not evident in photos).",
"Open ceiling/vent rough-in in bathroom (unfinished penetration that must be corrected)."
],
"confidence": 0.75,
"assumptions": [
"Listing statement that stainless steel appliances and new central A/C were included is accurate; some appliance spaces are empty in photos but appliances are assumed available or will be installed prior to lease.",
"Hot water heater exists and is functional but was not photographed; assumed present in utility area or shed.",
"Smoke and CO detectors are not visible in listing photos and should be considered not installed until confirmed; they will likely need verification/installation.",
"The open ceiling area in the bathroom is a fan/vent rough-in and not a sign of structural damage; assumed finish work required.",
"Electrical service (panel) is intact and up to code though interior cover plates and GFCI protection need confirmation and likely minor work.",
"No evidence of severe hidden issues (major foundation movement, active roof leaks, mold) based on photos; if such issues exist but are concealed, remediation would lower the score significantly."
],
"overall_score": 79.0,
"rubric_version": "2026-03-NSPIRE-v1"
},
{
"summary": "This 3-bed/2-bath single-family home appears recently and comprehensively remodeled and is largely rent-ready. Major cosmetic and system upgrades (new A/C, cabinets, counters, flooring, bathrooms) reduce typical inspection risk. Remaining items in photos are finish-level or small safety items: several missing electrical cover plates, a visible open ceiling/vent in a bathroom (possible missing fan/cover), and no smoke/CO detectors visible. These are generally quick fixes (install covers, complete exhaust/fan, install required detectors, verify GFCI). If those items are addressed, the property is likely to pass an initial HCV/NSPIRE inspection within 1–2 weeks. As shown, the property is close to turnkey but requires basic electrical/codes-compliance finishing and verification of hot water and appliance inclusion to maximize pass likelihood.",
"criteria": [
{
"key": "condition_repairs",
"label": "Condition & Repairs",
"score": 80.0,
"rationale": "Photos and listing show a full cosmetic remodel: new vinyl plank flooring, painted walls, new cabinets, quartzite/marble countertops, updated bathrooms and lighting. Finishes look new and surfaces intact. Minor outstanding items visible in photos: several electrical outlet/switch boxes and appliance alcove openings lack cover plates or appliances (no stove or refrigerator visible in gallery), and a ceiling/vent opening in the bathroom appears unfinished. These are generally easy-to-fix cosmetic/equipment items and/or small finishing tasks rather than major deferred maintenance, so they only moderately reduce the score."
},
{
"key": "safety_code",
"label": "Safety / Code Risk (NSPIRE)",
"score": 65.0,
"rationale": "No immediate life-threatening issues (no sagging floors/ceilings, no standing water or visible severe mold). New central A/C registers visible. However, inspection risks identified in photos: multiple exposed electrical boxes / missing cover plates, and a visible ceiling/vent opening in the bathroom (possible missing exhaust fan/cover) — both present an electrical/moisture hazard until corrected. No smoke detectors or CO alarms are visible in any interior shots; absence would be a fail for NSPIRE until installed. GFCI protection at kitchen/bath not verifiable in photos. Bedroom egress likely acceptable based on window sizes visible but cannot be confirmed. These combined give a moderate safety risk that should be resolved before inspection."
},
{
"key": "systems_mechanical",
"label": "Major Systems (HVAC / Electrical / Plumbing / Roof)",
"score": 75.0,
"rationale": "Listing and photos indicate a new central A/C (supply registers visible) and new-looking fixtures and plumbing in bathrooms and kitchen. Electrical service and meter are present at the side of the house; no obvious burned or sagging wiring seen externally. Roof shingles appear aged but intact with no visible sagging or active leaks in interior photos. Unknowns: water heater location/condition not shown, full electrical panel condition not shown. The visible unfinished electrical boxes and open bathroom ceiling reduce the system score until closed out, but overall systems appear recently updated and in fair/good condition."
},
{
"key": "exterior_site",
"label": "Exterior & Site Condition",
"score": 85.0,
"rationale": "Curb appeal is good: yard is maintained, siding looks in good repair, concrete walk and driveway intact, fenced yard and a detached shed/workshop visible (listing notes laundry hookup in shed). No evidence of major foundation movement, standing water, or severe exterior rot in provided photos. Roof shows typical wear for age but no visible failures. Small items such as planting beds near foundation should be managed for drainage, but overall exterior/site condition is strong."
}
],
"red_flags": [
"Exposed electrical boxes / missing outlet & switch cover plates visible in multiple interior photos (electrical hazard that must be corrected).",
"Open ceiling/vent penetration above bathroom (missing cover or fan) — unfinished/moisture pathway and potential code failure.",
"No smoke detectors or CO alarms visible in photos (required for NSPIRE; absence would be a fail)."
],
"confidence": 0.75,
"assumptions": [
"Listing statement that central A/C is new is accurate and the HVAC is operational (supply vents visible).",
"A functioning water heater is present though not shown in photos.",
"Bedrooms have legally acceptable egress windows (windows visible appear adequate but bedrooms not explicitly shown for all).",
"Stainless appliances listed will be provided with the sale/rental; photos show appliance alcove(s) but no stove/fridge in images—if appliances are absent they are considered a moderate, fixable issue.",
"Electrical service and main panel are installed and in working order though the panel is not pictured; only some local cover plates/open boxes are visible.",
"No hidden active roof leaks or major foundation movement exist beyond what is visible in the provided photos; if such conditions exist they would significantly change the assessment."
],
"overall_score": 76.0,
"rubric_version": "2026-03-NSPIRE-v1"
},
{
"summary": "Overall this is a largely turnkey, recently remodeled single-family home with new finishes, updated kitchen and baths, and visible central HVAC — likely to pass an initial HCV/NSPIRE inspection after a short punch-list. Primary issues to address before inspection: install/verify smoke detectors and CO alarms per local requirements, install missing electrical cover plates and complete the unfinished ceiling/vent opening, confirm presence/function of GFCI protected receptacles in kitchen/baths, and add a front handrail if required by local stair/guard standards. With those fixes (mostly minor/finish work) the property should be inspection-ready within 1–4 weeks.",
"criteria": [
{
"key": "condition_repairs",
"label": "Visible condition & repair needs",
"score": 85.0,
"rationale": "Interior appears fully remodeled: new vinyl plank flooring, fresh paint, new cabinets and countertops, renovated bathrooms and lighting. Exterior siding and landscaping are tidy. Minor finish items visible: missing cover plates/trim in a few photos, an unfinished ceiling/vent opening in a bath/kitchen area, and appliance openings are shown without appliances in photos. These are mostly cosmetic/finishing tasks and simple fixes."
},
{
"key": "safety_code",
"label": "Section 8 / NSPIRE safety & code risk",
"score": 60.0,
"rationale": "Potential safety/code issues visible or not-verifiable from photos: no smoke detectors or carbon-monoxide alarm visible in living areas or near bedrooms (CO especially important given visible exterior gas meter); exposed/unfinished ceiling opening and several electrical locations that lack visible cover plates (potential electrical hazard). Front entry has 2-3 steps with no handrail which may be cited depending on local code/inspector (unsafe stairs/missing handrail). No obvious active water intrusion, standing water, or collapsed ceilings observed. GFCI receptacles in kitchen/bath not visible; required outlets cannot be confirmed."
},
{
"key": "systems_mechanical",
"label": "Major systems & mechanical condition",
"score": 75.0,
"rationale": "Listing and photos show central HVAC supply/return vents and the listing states new central A/C — visible ceiling vents indicate a ducted system present. Kitchen and bathroom plumbing fixtures look new; roof and exterior appear intact. Unknowns: water heater location/function, electrical panel condition, and whether exhaust fans/vent covers are installed (one ceiling opening visible). These unknowns reduce the score from excellent to good."
},
{
"key": "exterior_site",
"label": "Exterior envelope & site condition",
"score": 85.0,
"rationale": "Exterior siding, roof shingles and yard look well maintained; concrete driveway and walkways are serviceable. Property has a separate shed/workshop and fenced rear yard shown. No visible foundation movement, major cracks, standing water, or infestation evidence in photos."
}
],
"red_flags": [
"Electrical hazards (open/uncovered electrical boxes and a visible unfinished ceiling opening near fixtures)",
"Unsafe stairs / missing front handrail (front entry steps have no handrail visible)",
"No visible smoke detectors or carbon monoxide alarm (CO alarm especially relevant due to visible gas meter)"
],
"confidence": 0.75,
"assumptions": [
"Listing is accurate that central A/C is new and functional (ceiling vents visible).",
"Appliances (stove, refrigerator, possibly dishwasher) may be present for sale but are not visible in photos; missing appliances would be an easy-to-fix, non-fatal issue for inspection readiness.",
"Water heater exists and is operational though it is not visible in provided photos.",
"Electrical service and main panel are present and code-compliant but their condition and labeling cannot be verified from photos.",
"No significant undocumented water intrusion, mold, or hidden structural damage exists beyond what is visible in photos; remodel appearance suggests those were addressed.",
"Local code/inspector expectations for a handrail on the front steps may vary; I flagged it as a potential issue because no handrail is visible."
],
"overall_score": 76.0,
"rubric_version": "nsPIRE_v1.0_photo_assessment_2026-03"
}
],
"model": "gpt-5-mini-2025-08-07",
"errors": [],
"address": "237 Carnation Ave, Metairie, LA, 70001",
"aggregate": {
"summary": "This appears to be a recently renovated single-family home that is close to Section 8 / NSPIRE ready. Major cosmetic and system upgrades are complete (new flooring, kitchen, baths, and new central A/C). The property shows only minor finish and code items in photos — uncovered electrical boxes/cover plates, a bathroom ceiling/vent rough-in, and no visible smoke/CO detectors or clearly identified GFCI outlets. These are generally easy/quick fixes; after addressing them and verifying hot water/heating and appliance presence, the unit is likely to pass an initial HCV inspection within 1–3 weeks.",
"criteria": [
{
"key": "condition_repairs",
"label": "Condition & Repairs",
"score": 83.3,
"rationale": "Photos and listing show a full cosmetic remodel: new vinyl plank flooring, fresh paint, updated kitchen cabinets and counters, renovated bathrooms and new lighting. Minor finish items are visible (missing outlet/switch cover plates, an open ceiling/vent rough-in in a bathroom photo, and some cabinetry spaces awaiting appliances). No visible drywall damage, major flooring issues, or severe deferred maintenance. Missing appliances are not visible in photos but listing indicates stainless appliances included; missing appliances (if any) would be moderate, not catastrophic."
},
{
"key": "exterior_site",
"label": "Exterior & Site Condition",
"score": 85.0,
"rationale": "Exterior photos show a well-maintained lot: intact vinyl siding, neat landscaping, full perimeter fencing, a paved driveway with gated access, and a separate shed/workshop in the rear (listing also mentions shed laundry hookup). Walkway and stoop are intact; front steps have only 2 risers (no handrail required by most codes). No standing water, significant foundation cracking, or visible pest infestation. Curb appeal and site safety are good."
},
{
"key": "safety_code",
"label": "Safety & Code Compliance Risk",
"score": 65.0,
"rationale": "No life-threatening hazards are visible (no collapsed ceilings, no standing water, no obvious structural sagging). Potential NSPIRE risks observed: no smoke or CO detectors visible in photos, several uncovered electrical boxes/outlets and missing cover plates, and a ceiling opening in the bathroom (vent/fan rough-in) that should be closed/finished. GFCI protection at kitchen and bathroom outlets is not evident from photos. Entry door appears to have a secure lockset and deadbolt. Bedroom egress windows appear adequate. Overall likely passable after addressing electrical cover plates, confirming detectors and GFCI protection, and finishing the bathroom vent."
},
{
"key": "systems_mechanical",
"label": "Major Systems (HVAC, Elec, Plumbing)",
"score": 75.0,
"rationale": "Listing states new central A/C and ceiling vents consistent with a functioning HVAC system; an outdoor condensing unit is visible at the side yard in photos. Kitchen and bathrooms show new fixtures and modern finishes; plumbing fixtures appear installed and in good condition. Electrical service and meter are present at the side of the house; however, interior electrical finishes (cover plates) are incomplete in photos. Hot water heater is not shown; water heater location and condition are unknown. Roof shingles appear older but intact with no visible active leaks. Overall system risk is moderate — likely functional but needs verification of water heater, electrical finishing, and GFCI protection."
}
],
"red_flags": [
"No visible smoke detectors or carbon monoxide detectors inside (required for NSPIRE).",
"Uncovered electrical boxes and missing outlet/switch cover plates (electrical hazard if left unfixed).",
"Potential lack of GFCI protection at kitchen and bathroom outlets (not evident in photos).",
"Open ceiling/vent rough-in in bathroom (unfinished penetration that must be corrected)."
],
"confidence": 0.93,
"assumptions": [
"Listing statement that stainless steel appliances and new central A/C were included is accurate; some appliance spaces are empty in photos but appliances are assumed available or will be installed prior to lease.",
"Hot water heater exists and is functional but was not photographed; assumed present in utility area or shed.",
"Smoke and CO detectors are not visible in listing photos and should be considered not installed until confirmed; they will likely need verification/installation.",
"The open ceiling area in the bathroom is a fan/vent rough-in and not a sign of structural damage; assumed finish work required.",
"Electrical service (panel) is intact and up to code though interior cover plates and GFCI protection need confirmation and likely minor work.",
"No evidence of severe hidden issues (major foundation movement, active roof leaks, mold) based on photos; if such issues exist but are concealed, remediation would lower the score significantly."
],
"score_method": "mean_of_criteria",
"overall_score": 76.9,
"rubric_version": "2026-03-NSPIRE-v1",
"confidence_method": "derived_from_run_agreement"
},
"property_id": "7689918309"
}
}
This dashboard combines underwriting, voucher payment standards, utilities, and local property signals in one workflow.