Ranch home in New Orleans, LA
A Ranch home in New Orleans, LA, it offers 3 bedrooms and 2 bathrooms across 1,528 square feet. Notable features include an attached garage.
| Price | $185,000 |
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| Beds | 3 |
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| Baths | 2 |
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| Sqft | 1528 |
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| Architectural style | Ranch (55% match) |
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| Address | 4712 Virgilian Street, New Orleans, LA 70126 |
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Why buy this home
- Confirmed Ranch architecture, matched from the listing photos by Enzo's vision model.
- Features: attached garage.
- Links directly to the original source listing on Estately.
Is this a good buy?
Priced a little under the area.
- At $185K, this home is 7% below the $199K median for 206 similar Ranch homes in New Orleans, LA.
- That works out to $121 per square foot, 3% above the $118 comparable rate.
| This home | $185,000 |
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| Ranch median in New Orleans, LA | $199,000 (206 homes) |
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| Price per sq ft | $121 vs. $118 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $1,168/month with 20% down at a 7.28% 30-year fixed rate. You would need about $50,072 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $1,013/mo |
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| Property tax (new-buyer reassessed rate) | $86/mo |
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| Homeowners insurance | $69/mo |
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| Total monthly | $1,168/mo |
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| Down payment (20%) | $37,000 |
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| Income needed | $50,072/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C (58 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | C (58/100) |
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| Beats renting in | 14% of modeled paths |
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| Modeled 5-yr equity (median) | $78,636 |
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| Range (10th to 90th pct) | $44,759 to $120,666 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward New Orleans, LA where local data is thin.
Local home values
Typical home values in New Orleans, LA have fallen about 6% over the past 5 years (+2% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Estately