2709 Riverland Dr, Chalmette, LA, 70043 | $270/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Chalmette at 2709 Riverland Dr, Chalmette, LA, 70043 earns $270/mo cash flow from $1,447/mo rent with a $930/mo payment. Total monthly income totals $1,447/mo, and annual cash flow totals $3,240/yr on $62,985 capital. ROI tracks 25.05% on current figures, and rental yield reads 9.14% at a $190,000 purchase. Equity gained on principal adds $1,226/yr, and 5% annual appreciation supports $52,494 over five years. Five-year ROI reaches 130.41% and total cumulative return in cash sums $82,140. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,447/mo property income instead of your personal income.

Single Family

Built in 1960

4,899 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