3013 Volpe 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 3013 Volpe Dr, Chalmette, LA, 70043 priced at $179,900 converts $1,415/mo rent into $300/mo cash flow after a $881/mo obligation. Total monthly income equals $1,415/mo, and annual cash flow totals $3,602/yr on $59,637 invested. Return on cash invested prints 25.95% in year one, and rental yield reads 9.44% against a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation compiles into $49,703 by year five. Five-year ROI reaches 135.33% and total cumulative return in cash sums $80,709. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,415/mo property income covering a $881/mo payment, not borrower’s personal income.
Single Family
Built in 1974
4,686 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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