3805 Plaza 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 3805 Plaza Dr, Chalmette, LA, 70043 with 5% annual appreciation on a $149,900 basis while $1,190/mo rent supports operations. Total monthly income totals $1,190/mo and a $734/mo payment preserves $261/mo for cash returns. Annual cash flow comes to $3,134/yr on $49,692 deployed, and return on cash invested reaches 26.21% in year one. Equity gained on principal adds $967/yr, and five-year appreciation sums $41,415 alongside rental yield of 9.53%. Five-year ROI measures 136.78% and total cumulative return in cash totals $67,967.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,190/mo property income versus a $734/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1988
7,405 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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