3612 Rosetta Dr · Chalmette, LA 70043

$106,240

3 bd · 2.0 ba · 1,850 sqft · SingleFamily · 17 Days on market

Built 1986 4,791 sqft lot $57/sqft · 64% below area ↓ 16% since listing

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Why this score? — see what drove the B grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +5.0/10.0
• Rent growth +3.3/5.0
• Livability +3.2/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

This Ranch style single family home offers 3 bedrooms and 2 bathrooms with approximately 1850 square feet of living space with attached single carport on a 0.11 acre lot. There are no inspection or financing contingencies on this cash only purchase. No Buyer Premium on this property. It is a criminal offense to trespass on this property. The seller has closing representation in this transaction. The buyer has the right to select their own title/closing company, or may use the sellers title company. The buyer is responsible for all closing costs in this transaction. Offers to be placed on Xome.com. Interior inspections are not available. Do not trespass! Forward all inquiries and questions t

Key facts

• 4,791 sq ft lot
• Parking
• Built 1986

Property features AI

Finance

• Other: Property located near Golden, Marietta and E Genie (bounding streets)

Exterior

• Parking: Attached parking; Carport
• Utilities: Electric service: Entergy
• Home design: Single family residence
• Construction: Brick construction; Composition roof
• Exterior features: Composition roof; Brick construction

Interior

• Bedrooms: 2 bedrooms
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Living room; Kitchen; Bedroom 1; Bedroom 2

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $106k.

Deal economics

• At list price, monthly cash flow is $789 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $106k).
• Recommended offer: $105k (1.5% below list) — sets the bar for market timing.
• Cap rate 16.0% vs local median 5.5% in Chalmette — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 65/100 on livability (#137 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A; Watch: crime F, amenities F, commute F.
• Market conditions: Rents rising (+3.1%/yr); 209 active listings in the ZIP; 22 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 112 units permitted in St. Bernard Parish in 2024 (0 in 5+ unit buildings).
• This rent runs 42% of the median local income ($55k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $735 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• St. Bernard County population projected at +89% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 3.1% rent growth), your $30k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 17 days — a 2% lower offer ($105k) is reasonable based on typical stale-listing flexibility.
• 12 sale attempts since 18y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: severe flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $104,646 (1.5% below list)

Questions for the listing agent

1. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
4. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
5. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
6. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.83% ✓
• Cap rate: 15.96%
• Cash-on-cash: 34.52%
• DSCR: 2.54
• GRM: 4.6

CMA / ARV

• ARV (median comp): $295,424
• List price: $106,240
• Delta: -64.04%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3612 Rosetta Dr	0.00mi	3/2.0	1,850 (0%)	0mo	$118,000	$64	100
3509 Plaza Dr	0.19mi	3/2.0	1,811 (-2%)	1mo	$319,900	$177	87
3217 Lyndell Dr	0.37mi	3/2.0	1,777 (-4%)	4mo	$285,000	$160	73
3021 Karen Dr	0.53mi	3/2.0	1,841 (-0%)	2mo	$265,000	$144	73
3000 Plaza Dr	0.54mi	3/2.0	1,842 (-0%)	2mo	$309,900	$168	72
3228 Veronica Dr	0.39mi	3/2.0	1,742 (-6%)	1mo	$138,500	$80	71
421 E St Jean Baptist St	0.50mi	3/2.5	1,941 (+5%)	1mo	$280,000	$144	66
3213 Dauterive Dr	0.40mi	3/2.0	1,688 (-9%)	3mo	$310,000	$184	64
3404 Veronica Dr	0.31mi	4/2.0 (+1)	1,665 (-10%)	1mo	$225,000	$135	63
3205 Veronica Dr	0.46mi	4/2.0 (+1)	1,730 (-6%)	2mo	$264,000	$153	61
1100 Missouri St	0.51mi	3/2.5	1,650 (-11%)	1mo	$315,000	$191	55
406 W Prosper St	0.74mi	3/2.0	1,572 (-15%)	3mo	$159,900	$102	38

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.11% rent growth · sell at horizon

5-year hold

• IRR: 26.9%
• Equity multiple: 2.12×
• Total profit: $33,312
• Equity at exit: $15,841

10-year hold

• IRR: 34.6%
• Equity multiple: 4.19×
• Total profit: $94,783
• Equity at exit: $9,186

Cash invested: $29,747 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 90 Strongly Landlord-Friendly
• State Louisiana: 90 Strongly Landlord-Friendly · R+12
• County: — inherits STATE
• City: — inherits STATE

5-day notice; no state rent control; civil-law jurisdiction; landlord-favorable.

Methodology + full state rankings →

ZIP-level market 70043

• Rents YoY: 3.1%
• Active inventory: 209
• Price-to-rent: 4.6×

Monthly cashflow live

• Estimated rent: $1,945 high
• Mortgage (P&I): −$557
• Tax from tax record: −$80 /mo · $954/yr
• Insurance: −$44
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$409
• Net cashflow: $789

Break-even live

Break-even rent $946

Max offer price $106,240

Occupancy floor 54%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $26,560
• Closing costs: $3,187
• Reserves months: —
• Total cash needed: —

Rent comps 22 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3711 Tournefort St Chalmette, LA	3.0	2.0	1250	$1,850	$1.48	3d	1	0.22mi
3708 Veronica Dr Chalmette, LA	3.0	2.0	1818	$2,550	$1.40	1d	1	0.29mi
3321 Plaza Dr Chalmette, LA	3.0	2.0	1400	$1,650	$1.18	10d	1	0.32mi
3106 Laplace St Chalmette, LA	3.0	2.5	1390	$1,650	$1.19	43d	1	0.43mi
3108 Laplace St Chalmette, LA	3.0	2.5	1390	$1,650	$1.19	43d	1	0.43mi
3108 Tournefort St Chalmette, LA	3.0	2.0	1399	$1,750	$1.25	2d	1	0.47mi
3400 Montesquieu St Unit 1-B Chalmette, LA	3.0	2.5	1372	$2,550	$1.86	1d	1	0.60mi
3012 Volpe Dr Chalmette, LA	3.0	2.0	1812	$2,500	$1.38	43d	1	0.66mi
3629 Charles Dr Chalmette, LA	3.0	2.0	1405	$1,600	$1.14	14d	1	0.69mi
2708 Volpe Dr Chalmette, LA	3.0	2.0	1556	$2,300	$1.48	21d	1	0.81mi
2518 Delambert St Chalmette, LA	3.0	2.0	1617	$1,825	$1.13	43d	1	0.83mi
3606 Pakenham Dr Unit 3606 Chalmette, LA	3.0	2.0	1400	$1,800	$1.29	11d	1	0.87mi
1804 Wisconsin St Chalmette, LA	3.0	3.0	2350	$2,000	$0.85	23d	1	0.88mi
2429 Octavia Dr Chalmette, LA	3.0	2.0	1700	$1,575	$0.93	23d	1	0.92mi
2329 Lyndell Dr Chalmette, LA	2.0	1.0	1265	$1,400	$1.11	43d	1	1.00mi
2707 Jackson Blvd Chalmette, LA	3.0	2.5	1733	$2,300	$1.33	23d	1	1.07mi
2707 Jackson Blvd Chalmette, LA	3.0	3.0	1733	$2,300	$1.33	43d	1	1.07mi
226 E Casa Calvo St Chalmette, LA	3.0	2.0	1330	$1,900	$1.43	43d	1	1.12mi
2228 Riverland Dr Chalmette, LA	3.0	1.0	1300	$1,800	$1.38	2d	1	1.15mi
8600 Patricia St Chalmette, LA	3.0	2.0	1255	$1,550	$1.24	23d	1	1.21mi
32 Old Hickory St Chalmette, LA	4.0	2.0	1379	$1,850	$1.34	23d	1	1.41mi
8413 Benjamin Dr Chalmette, LA	3.0	2.0	1800	$2,300	$1.28	3d	1	1.45mi

Listing history 27 events

1. 2026-05-18
   status Pending 831-char remark
2. 2026-04-30
   listed $106,240 Active 831-char remark
3. 2025-11-13
   listed $178,950 Active
4. 2025-11-13
   listed $178,950 Active
5. 2025-09-26
   price $185,000
6. 2025-09-26
   price $185,000
7. 2025-09-10
   price $189,900
8. 2025-09-10
   price $189,900
9. 2025-08-25
   price $194,900
10. 2025-08-25
    price $194,900
11. 2025-08-12
    listed $199,000 Active
12. 2017-03-13
    soldstatus $145,000
13. 2017-03-08
    soldstatus $145,000 Sold
14. 2017-01-28
    historical Pending Continue to Show
15. 2016-11-08
    price $150,000
16. 2016-11-01
    listed $160,000 Active
17. 2016-11-01
    listed $150,000
18. 2013-10-23
    listed $142,900
19. 2013-10-23
    listed $142,900
20. 2012-04-25
    soldstatus $84,000
21. 2012-04-20
    soldstatus $84,000
22. 2012-01-12
    listed $84,900
23. 2012-01-12
    listed $84,900
24. 2008-04-02
    soldstatus $136,000
25. 2008-03-12
    soldstatus $136,000
26. 2008-01-08
    listed $140,000
27. 2008-01-08
    listed $140,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast LA · Resets to sale price

• Current annual tax: $954 · $80/mo
• Projected year-2 tax: $954 · $80/mo
• Expected delta: $0/yr ($0/mo · -0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 8/10 Severe FEMA zone X (shaded) · 60% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥108°F today · 22 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,343
• − Mortgage interest: −$5,951
• − Property taxes: −$954
• − Insurance: −$1,329
• − Repairs & maintenance: −$1,867
• − Management: −$1,867
• − Depreciation: −$3,091
• Taxable income: $8,283
• Est. tax owed @ 24.0%: −$1,988
• After-tax cash flow: $7,484/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

No district data.

Livability — Chalmette

• Score: 65/100
• State rank: #137
• US rank: #12500

Category grades

Amenities F Commute F Cost of living A+ Crime F Employment D- Housing A+ Health & safety A User ratings C+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Chalmette, LA
• County: Saint Bernard Parish · 22,638 people
• City population: 22,638
• Metro: New Orleans-Metairie, LA
• Population (ZIP): 22,638
• Household income: $55,068
• Rent vs Own: 39.0% rent · 61.0% own
• Severe rent burden: 881.0

Population outlook (St. Bernard County) Hauer SSP2

• Today (2025): 66,513 people
• By 2030: 77,768 · +16.9%
• By 2040: 101,296 · +52.3%
• By 2050: 125,770 · +89.1%
• By 2075: 188,160 · +182.9%
• By 2100: 239,339 · +259.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.61)
• Race & ethnicity: White 55% Black 26% Hispanic / Latino 12% Two or more races 10% Asian 2%
• Hispanic origin (detail): Mexican 2%
• Common ancestry: Lithuanian 13% Slovak 2%
• Foreign-born: 6% · Canada, Vietnam
• Languages at home: 88% English-only · Spanish 8% Arabic 1% Vietnamese 1%

Political lean MEDSL · St. Bernard

• 2024 margin: Strong R (+29.3) · D 34.5% · R 63.8% · Other 1.7%
• 2008→2024 swing: +16.1pp toward D · 2008: -45.4pp · 2024: -29.3pp
• All cycles: 2024: R+29.3 2020: R+28.5 2016: R+33.4 2012: R+24.7 2008: R+45.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -211.77%
• Current HPI: 194.8123
• Rent YoY: ▲ 3.11%
• Metro: New Orleans-Metairie, LA
• State GDP YoY: ▲ 3.29%
• F500 in state: 10

Industry mix (Fortune 500 HQ in LA)

Industry	F500 HQs	Revenue
▸Telecommunications	2	$23B
▸Utilities	1	$12B
▸Wholesale / Distribution	1	$5B
▸Advertising	1	$2B

Price history

-15.7% since first listed

28 events — show timeline

• 2026-06-15 Sold (MLS) $118,000 AcadianaMLS
• 2026-05-18 Pending — AcadianaMLS
• 2026-04-30 Listed $106,240 AcadianaMLS
• 2025-11-13 Listed $178,950 GBRMLS
• 2025-11-13 Listed $178,950 AcadianaMLS
• 2025-09-26 Price Changed $185,000 AcadianaMLS
• 2025-09-26 Price Changed $185,000 GSREIN
• 2025-09-10 Price Changed $189,900 AcadianaMLS
• 2025-09-10 Price Changed $189,900 GSREIN
• 2025-08-25 Price Changed $194,900 AcadianaMLS
• 2025-08-25 Price Changed $194,900 GSREIN
• 2025-08-12 Listed $199,000 AcadianaMLS
• 2017-03-13 Sold (Public Records) $145,000 Public Records
• 2017-03-08 Sold (MLS) $145,000 GSREIN
• 2017-01-28 Contingent — GSREIN
• 2016-11-08 Price Changed $150,000 GSREIN
• 2016-11-01 Listed $160,000 GSREIN
• 2016-11-01 Listed $150,000 AcadianaMLS
• 2013-10-23 Listed $142,900 GSREIN
• 2013-10-23 Listed $142,900 AcadianaMLS
• 2012-04-25 Sold (Public Records) $84,000 Public Records
• 2012-04-20 Sold (MLS) $84,000 GSREIN
• 2012-01-12 Listed $84,900 AcadianaMLS
• 2012-01-12 Listed $84,900 GSREIN
• 2008-04-02 Sold (Public Records) $136,000 Public Records
• 2008-03-12 Sold (MLS) $136,000 GSREIN
• 2008-01-08 Listed $140,000 GSREIN
• 2008-01-08 Listed $140,000 AcadianaMLS

Property tax history

-1.0%/yr

Latest (2025): $954 · -54.7% YoY. Source: county tax records.