Property ID: 8912467967
1008 Tullulah Ave, River Ridge, LA, 70123
River Ridge, LA
Money Down: $71,976
CoC Return: -6.87%
Monthly Cash Flow: $-412
Editable financing assumptions (defaults: 4% closing costs, 7% interest).
Down Payment
$59,980
Closing Costs
$11,996
Total Down
$71,976
Investment Snapshot
Purchase Price
$299,900
Money Down
$71,976
Cash-on-Cash Return
-6.87%
Rent
$1,696
Monthly Cash Flow
$-412
Annual Cash Flow
$-4,946
Debt Service / Mo
$1,596
Property Tax / Mo
$238
Insurance / Mo
$105
Quality Score and Underwriting
Monthly Cash Flow Breakdown
Rent (Projected)
$1,696
Payment Standard
$1,983
Rent
$1,696
Insurance
$105
Property Tax
$238
Management
$170
Utilities Allowance
$287
NOI (Monthly)
$1,184
Debt Service
$1,596
Cash Flow After Debt
$-412
Quality Score: 83.00%
Confidence: 50.00%
Property appears turnkey and likely to pass an initial HCV/NSPIRE inspection with minimal effort. Interiors and exterior are well maintained, kitchen and laundry appliances are present, and major systems are reported recently replaced (roof 2022, HVAC <2 years). Primary inspection risks are lack of visible smoke/CO detectors in the photos, absence of visible electrical panel verification, and the age of the structure (built 1964) which raises potential lead-paint considerations. If smoke/CO alarms are installed per code and a quick verification of the electrical panel and water heater is performed, this home should be rent-ready within 1-2 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
$299,900
Beds
3
Baths
2
Living Area
1,344 sqft
Lot Size
6,499 sqft
Year Built
1964
Days on Market
21
Capital Outlay
$71,976
Debt Service
$1,596
Property Tax / Mo
$238
Insurance / Mo
$105
Property Description
Welcome to 1008 Tullulah Ave in River Ridge, a well-maintained 3-bedroom, 2-bath home offering 1,344 square feet of comfortable living space. This property features a functional, open layout with tile flooring throughout the main living areas, neutral color tones, and abundant natural light. The spacious kitchen is equipped with ample cabinetry, stainless steel appliances, and a large breakfast bar that opens to the dining and living areas, making it ideal for both everyday living and entertaining. The home offers generously sized bedrooms with updated flooring, including a primary suite. Both bathrooms are well-appointed with practical layouts and clean finishes. Exterior features include a covered front porch with great curb appeal, off-street parking with a carport, and a large, fully fenced backyard. The outdoor space includes a patio area with pergola, ideal for entertaining, along with a storage shed for additional convenience. The roof was replaced in 2022, and the HVAC system was replaced less than two years ago, providing added peace of mind. Located in Flood Zone X and conveniently situated in the heart of River Ridge with easy access to local shopping, dining, and major roadways, this home offers a great combination of comfort, functionality, and location.
Utility Allowances
Heating (Natural Gas)
$70
Property information states the unit has central heating and is supplied with natural gas.
Cooking (Natural Gas)
$12
Property information indicates natural gas service and a provided range/oven.
Water Heating (Natural Gas)
$24
Natural gas is available at the property and is the most common fuel for water heating in this configuration.
Other Electric
$67
This covers general electricity usage, including lighting, outlets, and the property's central air conditioning system.
Water
$43
Property information specifies a public water source.
Sewer
$46
Property information specifies a city sewer connection.
Trash Collection
$25
Trash collection is a standard utility for single-family residences in this area.
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$1,257
DP3 Annual Estimate$1,257
DP1 Monthly Equivalent$105
DP3 Monthly Equivalent$105
Replacement Value$152,200
Basis1,344 sqft / 1964
Nearby Houses
Photo unavailable
1016 Tullulah Ave
for_sale · 0.02 mi
Price: $200,000
3 bd / 1 ba · 1,080 sqft
Latest sale: — on Apr 06, 2021
Latest rent: —
Photo unavailable
8001 Simon St
off_market · 0.11 mi
Price: $1,400
2 bd / 1 ba
Latest sale: — on Aug 31, 2016
Latest rent: —
Photo unavailable
8013 Simon St
for_sale · 0.11 mi
Price: $179,900
3 bd / 2 ba · 1,111 sqft
Latest sale: —
Latest rent: —
Photo unavailable
717 Park Ridge Dr
for_sale · 0.13 mi
Price: $334,900
3 bd / 2 ba · 1,675 sqft
Latest sale: — on Nov 03, 2005
Latest rent: —
Photo unavailable
716 Tullulah Ave
sold · 0.15 mi
Price: $229,000
3 bd / 2 ba · 1,000 sqft
Latest sale: — on Mar 26, 2021
Latest rent: —
Photo unavailable
10620 Carthage St
sold · 0.15 mi
Price: $315,000
4 bd / 2 ba · 1,778 sqft
Latest sale: — on Jun 04, 2021
Latest rent: —
Photo unavailable
713 Tullulah Ave
for_sale · 0.16 mi
Price: $450,000
4 bd / 3 ba · 2,412 sqft
Latest sale: — on May 16, 2018
Latest rent: —
Properties Used for Comps
No comp properties were returned in this payload.
Risk and Criteria Detail
Red Flags
- success
- No smoke detectors or carbon monoxide alarms are visible in the provided photos — NSPIRE requires functioning detectors in required locations.
- Property built in 1964 (pre-1978) — potential lead-based paint risk (no peeling observed in photos but requires disclosure/mitigation if children under 6 will occupy).
- Electrical panel and service entry not shown in photos — cannot confirm labeling, accessibility, or safety without inspection.
Assumptions
- Roof replacement (2022) and HVAC replacement (<2 years) stated in listing are accurate and systems are operational.
- Bedrooms have compliant egress windows (windows visible in photos are assumed large enough for egress though sizes not measured).
- Washer and dryer shown in photos are functional and properly vented; water heater and electrical panel are present and serviceable though not pictured.
- No active interior or hidden water intrusion or mold issues exist beyond what is visible in photos (no staining or visible mold observed).
- Interior paint and surfaces were refreshed during recent updates; while the house was built in 1964, there is no visible peeling paint inside or out.
Tax and Sale History
Property Tax History
| Year | Tax | Market Total | Assessment Total |
|---|---|---|---|
| 2025 | $2,768 | $217,200 | $21,720 |
| 2024 | $2,632 | $217,200 | $21,720 |
| 2023 | $2,748 | $217,200 | $21,720 |
| 2022 | $2,673 | $217,200 | $21,720 |
| 2021 | $2,481 | $217,200 | $21,720 |
| 2020 | $2,463 | $217,200 | $21,720 |
| 2019 | $2,533 | $217,200 | $21,720 |
| 2018 | $2,358 | $217,200 | $21,720 |
| 2017 | $2,358 | $217,200 | $21,720 |
| 2016 | $2,310 | $217,200 | $21,720 |
| 2015 | $2,320 | $213,000 | $21,300 |
| 2014 | $2,289 | $213,000 | $21,300 |
| 2013 | $2,289 | $213,000 | $21,300 |
| 2012 | $1,483 | $213,000 | $21,300 |
| 2011 | $1,366 | $210,000 | $21,000 |
| 2010 | $2,071 | $210,000 | $21,000 |
| 2009 | $2,071 | $210,000 | $21,000 |
| 2008 | $1,317 | — | $21,000 |
Sale History
| Date | Event | Price |
|---|---|---|
| 2021-07-16 | Sold | — |
| 2004-07-27 | Sold | — |
Photo Gallery
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"label": "Major systems (roof/HVAC/plumbing/electrical)",
"score": 85.0,
"rationale": "Listing states roof replaced 2022 and HVAC replaced <2 years ago; interior photos show ceiling vents, modern fixtures and a functioning kitchen and laundry (washer/dryer shown), and stainless appliances. No visible signs of water intrusion, staining, or active leaks. Water heater and electrical panel not visible for direct confirmation. Based on stated replacements and clean interior, major systems are likely in good condition with moderate to low risk."
},
{
"key": "exterior_site",
"label": "Exterior envelope, site & access",
"score": 82.0,
"rationale": "Front elevation and yard are tidy with covered porch, carport and fenced backyard; driveway and walkways are serviceable though a hairline crack is visible. Roof looks in good condition from photos, gutters present, and yard has storage shed. A mature tree is close to the right side of the lot which warrants monitoring for root/foundation impact although no foundation settlement or major cracks are visible. Overall exterior appears maintained and safe for tenants."
}
],
"red_flags": [
"No smoke detectors or carbon monoxide alarms are visible in the provided photos — NSPIRE requires functioning detectors in required locations.",
"Property built in 1964 (pre-1978) — potential lead-based paint risk (no peeling observed in photos but requires disclosure/mitigation if children under 6 will occupy).",
"Electrical panel and service entry not shown in photos — cannot confirm labeling, accessibility, or safety without inspection."
],
"confidence": 0.7,
"assumptions": [
"Roof replacement (2022) and HVAC replacement (<2 years) stated in listing are accurate and systems are operational.",
"Bedrooms have compliant egress windows (windows visible in photos are assumed large enough for egress though sizes not measured).",
"Washer and dryer shown in photos are functional and properly vented; water heater and electrical panel are present and serviceable though not pictured.",
"No active interior or hidden water intrusion or mold issues exist beyond what is visible in photos (no staining or visible mold observed).",
"Interior paint and surfaces were refreshed during recent updates; while the house was built in 1964, there is no visible peeling paint inside or out."
],
"overall_score": 83.0,
"rubric_version": "ns_prep_v1.0"
}
],
"model": "gpt-5-mini-2025-08-07",
"errors": [
"Error code: 429 - {'error': {'message': 'You exceeded your current quota, please check your plan and billing details. For more information on this error, read the docs: https://platform.openai.com/docs/guides/error-codes/api-errors.', 'type': 'insufficient_quota', 'param': None, 'code': 'insufficient_quota'}}",
"Error code: 429 - {'error': {'message': 'You exceeded your current quota, please check your plan and billing details. For more information on this error, read the docs: https://platform.openai.com/docs/guides/error-codes/api-errors.', 'type': 'insufficient_quota', 'param': None, 'code': 'insufficient_quota'}}"
],
"address": "1008 Tullulah Ave, River Ridge, LA, 70123",
"aggregate": {
"summary": "Property appears turnkey and likely to pass an initial HCV/NSPIRE inspection with minimal effort. Interiors and exterior are well maintained, kitchen and laundry appliances are present, and major systems are reported recently replaced (roof 2022, HVAC <2 years). Primary inspection risks are lack of visible smoke/CO detectors in the photos, absence of visible electrical panel verification, and the age of the structure (built 1964) which raises potential lead-paint considerations. If smoke/CO alarms are installed per code and a quick verification of the electrical panel and water heater is performed, this home should be rent-ready within 1-2 weeks.",
"criteria": [
{
"key": "condition_repairs",
"label": "Visible condition & repairs",
"score": 88.0,
"rationale": "Interior photos show a well-maintained, recently updated interior: intact tile and laminate flooring, clean paint, updated kitchen cabinets and countertops, stainless appliances present, functioning fixtures and built-in lighting/fans. Exterior shows a neat lawn, covered porch and carport, and fenced yard. Minor cosmetic items only (small driveway crack, exterior wood trim around porch shows decorative shutters) and no visible deferred maintenance. Missing or worn items are minimal; overall turnkey condition."
},
{
"key": "exterior_site",
"label": "Exterior envelope, site & access",
"score": 82.0,
"rationale": "Front elevation and yard are tidy with covered porch, carport and fenced backyard; driveway and walkways are serviceable though a hairline crack is visible. Roof looks in good condition from photos, gutters present, and yard has storage shed. A mature tree is close to the right side of the lot which warrants monitoring for root/foundation impact although no foundation settlement or major cracks are visible. Overall exterior appears maintained and safe for tenants."
},
{
"key": "safety_code",
"label": "Section 8 / NSPIRE safety & code risk",
"score": 75.0,
"rationale": "No obvious life-safety hazards visible (no exposed wiring, no collapsed ceilings, no standing water). Entry doors appear secure and windows in bedrooms are present for egress. However smoke detectors and carbon monoxide alarms are not visible in photos (cannot confirm placement), electrical panel and service condition are not shown, and this is a pre-1978 build (potential lead-paint risk absent visible peeling). GFCI devices near bath/kitchen appear plausible but not fully verifiable in photos. Given the good visible condition but lack of confirmation for detectors and panel, moderate residual inspection risk remains."
},
{
"key": "systems_mechanical",
"label": "Major systems (roof/HVAC/plumbing/electrical)",
"score": 85.0,
"rationale": "Listing states roof replaced 2022 and HVAC replaced <2 years ago; interior photos show ceiling vents, modern fixtures and a functioning kitchen and laundry (washer/dryer shown), and stainless appliances. No visible signs of water intrusion, staining, or active leaks. Water heater and electrical panel not visible for direct confirmation. Based on stated replacements and clean interior, major systems are likely in good condition with moderate to low risk."
}
],
"red_flags": [
"No smoke detectors or carbon monoxide alarms are visible in the provided photos — NSPIRE requires functioning detectors in required locations.",
"Property built in 1964 (pre-1978) — potential lead-based paint risk (no peeling observed in photos but requires disclosure/mitigation if children under 6 will occupy).",
"Electrical panel and service entry not shown in photos — cannot confirm labeling, accessibility, or safety without inspection."
],
"confidence": 0.5,
"assumptions": [
"Roof replacement (2022) and HVAC replacement (<2 years) stated in listing are accurate and systems are operational.",
"Bedrooms have compliant egress windows (windows visible in photos are assumed large enough for egress though sizes not measured).",
"Washer and dryer shown in photos are functional and properly vented; water heater and electrical panel are present and serviceable though not pictured.",
"No active interior or hidden water intrusion or mold issues exist beyond what is visible in photos (no staining or visible mold observed).",
"Interior paint and surfaces were refreshed during recent updates; while the house was built in 1964, there is no visible peeling paint inside or out."
],
"score_method": "mean_of_criteria",
"overall_score": 83.0,
"rubric_version": "ns_prep_v1.0",
"confidence_method": "derived_from_run_agreement"
},
"property_id": "8912467967"
}
}
This dashboard combines underwriting, voucher payment standards, utilities, and local property signals in one workflow.