3504 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 3504 Volpe Dr, Chalmette, LA, 70043 generates $2,383/mo in rent and, after a $1,429/mo payment, leaves $575/mo in cash flow. Total monthly income is $2,383/mo, and annual cash flow is $6,894/yr on $96,765 invested. Return on cash invested sits at 27.03% in year one, and rental yield is 9.8% on a $291,900 entry. Equity gained on principal adds $1,884/yr, while 5% annual appreciation builds toward $80,647 over five years. Five-year ROI reaches 141.08% and total cumulative return in cash sums $136,513. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,383/mo property income rather than buyer’s personal income.
Single Family
Built in 1972
10,406 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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