Owner
$144,131
4921 BRIGHT DR, NEW ORLEANS, LA
Quick Facts
owner occupied
No
vacant
No
corporate owner
No
beds
2
baths
1
sq. ft.
1,196
property type
Single Family Residential
hoa
No
About
Residential
Average Condition
Living Area
Garage
1 Story
Frame
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
1970
Building Size
1,196 sq ft
Lot Size
6,600 sq ft
Lot Size (Acres)
0.15 acres
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
39W939210
County
Orleans Parish, Louisiana
Metro Area
New Orleans-Metairie, LA
Zoning
S-RS
Neighborhood/Subdivision
GNTLY OKS
Lot Number
10
School District
Orleans Parish School District
Legal Description
GENTILLY OAKS SQ 17 LOT 10 BRIGHT 60X110 SGLE ASBESTOS/ SIDING 8/RMS C/R CARPORT GARAGE
Tax & Value Information
Market Value (Total)
$143,300
Building Value
$126,800
Land Value
$16,500
Annual Property Tax
$1,891
Tax Assessment Year
2025
Assessed Value
$14,330
Last Assessment Year
2025
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
6/10/2022
Recording Date
6/14/2022
Sales Document #
2022.23875
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$5,577
Return on Investment
15.60%
After Repair Value
$158,544
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
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Analysis Details
Purchase Price
$129,718
Renovation Cost
$7,207
Closing Costs (buying)
$2,594
Holding Costs
$3,936
Selling Costs
$9,513
Total Investment
$35,744
After Repair Value (ARV)
$158,544
Total Costs
$152,967
Estimated Profit
$5,577
Cash Invested
$33,150
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
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Key Amenities in the Area