8436 Creole DrChalmetteLA70043
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 8436 Creole Dr, Chalmette, LA, 70043 earns $922/mo cash flow from $3,112/mo rent with a $1,730/mo payment. Total monthly income totals $3,112/mo, and annual cash flow totals $11,069/yr on $117,185 capital. ROI tracks 29.36% on current figures, and rental yield reads 10.56% at a $353,500 purchase. Equity gained on principal adds $2,281/yr, and 5% annual appreciation supports $97,666 over five years. Five-year ROI reaches 153.52% and total cumulative return in cash sums $179,901. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,112/mo property income instead of your personal income.
Home Type Unknown
Built in N/A
0.38 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices