2816 Karen DrChalmetteLA70043
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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
Investment Highlights
Rental property for sale in Chalmette at 2816 Karen Dr, Chalmette, LA, 70043 priced at $229,600 pairs $1,950/mo rent with $528/mo cash flow after a $1,124/mo payment. Total monthly income equals $1,950/mo, and annual cash flow comes to $6,330/yr on $76,112 invested. Return on cash invested is 28.23% in year one, and rental yield stands at 10.19% on a $229,600 basis. Equity gained on principal adds $1,482/yr, and 5% annual appreciation accumulates to $63,434 by year five. Five-year ROI measures 147.48% and total cumulative return in cash reaches $112,249. For financing, Ziffy Mortgage’s DSCR program evaluates $1,950/mo property income against a $1,124/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
N/A 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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