2305 Gallant DrChalmetteLA70043
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Chalmette at 2305 Gallant Dr, Chalmette, LA, 70043 at $228,600 posts ROI 32.84% with $817/mo cash flow from $2,233/mo rent. Total monthly income equals $2,233/mo, and annual cash flow records $9,802/yr on $75,781 to close. Return on cash invested measures 32.84% and rental yield reads 11.72% at the current $228,600. Equity gained on principal adds $1,475/yr, and 5% annual appreciation supports $63,158 by year five. Five-year ROI prints 172.21% and total cumulative return in cash totals $130,499.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,233/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70043, Chalmette, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,948 (100%) |
| Owner Occupied HU | 4,768 (53.3%) |
| Renter Occupied HU | 3,659 (40.9%) |
| Vacant Housing Units | 521 ( 5.8%) |
| Median Home Value | $213,669 |
| Average Home Value | $247,727 |
Housing Distribution
Address Breakdown
Residential
9,023
Single Family
8,699
Multi-Family
324
Businesses
942
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