3416 Dauterive 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
Investment property for sale in Chalmette at 3416 Dauterive Dr, Chalmette, LA, 70043 listed at $299,000 pairs $1,916/mo rent with a $1,463/mo payment to leave $64/mo cash flow. Total monthly income runs $1,916/mo, and annual cash flow reaches $772/yr on $99,119 cash to close. Return on cash invested measures 20.69% in year one, and rental yield registers 7.69% at a $299,000 basis. Equity gained on principal adds $1,929/yr, and annual property appreciation at 5% supports $82,608 by year five. Five-year ROI tracks 107.05% and total cumulative return in cash totals $106,102. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,916/mo property income relative to a $1,463/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1976
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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Listed by: Heather Atwood • NOLA Real Estate 4-U, LLC
Mls Name: GSREIN
Mls Provider:
Mls ID: #2494168
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.