3800 Mumphrey Rd · Chalmette, LA 70043

$230,000

4 bd · 3.0 ba · 2,000 sqft · SingleFamily · 133 Days on market

Built 1979 $115/sqft · 25% below area Est $306k · 25% under

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Why this score? — see what drove the C 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 +18.7/30.0
• ARV discount +15.0/15.0
• DSCR +5.9/10.0
• Schools +5.0/10.0
• 1% rule +3.9/10.0
• Rent growth +3.3/5.0
• Livability +3.2/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Discover 3800 Mumphrey Road, a charming and versatile ranch-style residence nestled in the heart of Chalmette. This thoughtfully laid-out home offers up to four bedrooms and three full bathrooms, making it for families of all sizes or those needing extra space for a home office, gym, or creative studio. Whether you're a growing family or a professional looking for flexible living arrangements, this property offers the adaptability to match your lifestyle--all while enjoying the benefits of a prime location to local conveniences. Outside, a spacious covered patio creates a peaceful and private outdoor escape, for weekend barbecues, hobby projects, or just relaxing at the end of the day. With minimal yard maintenance, you'll have more time to enjoy the things you love. trees lend shade and character to the outdoor space, enhancing the overall sense of tranquility. Located in a friendly, quiet neighborhood just minutes from schools, shopping, and dining, 3800 Mumphrey Road offers the best of both comfort and convenience--an ideal place to call home.

Key facts

• Garage
• Built 1979
• Listed 133 days

Tags

• RANCH-STYLE RESIDENCE
• SPACIOUS COVERED PATIO
• MINIMAL YARD MAINTENANCE
• FRIENDLY QUIET NEIGHBORHOOD

What this means for you Summary

Snapshot

• This is a 4-bed/3.0-bath single-family listed at $230k.

Deal economics

• At list price, monthly cash flow is $162 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $205k (10.7% below list).
• Recommended offer: $202k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.5% 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; 9 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 45% 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 $2k of loan paydown is wiped out by about $7k 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.

Negotiation context

• It's been on market 133 days — a 12% lower offer ($202k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 31y 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.
• Current owner paid $155k; 48% above their basis — modest negotiation headroom, anchor on the comps not their cost.

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→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $202,400 (12.0% below list)

Questions for the listing agent

1. It's been on market 133 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1979 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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.
8. 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.
9. 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: 0.89% ✗
• Cap rate: 7.48%
• Cash-on-cash: 4.26%
• DSCR: 1.19
• GRM: 9.3

CMA / ARV

• ARV (median comp): $305,860
• List price: $230,000
• Delta: -24.80%
• 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
3905 Gallo Dr	0.08mi	3/2.0 (-1)	2,022 (+1%)	10mo	$300,000	$148	77
3504 Mumphrey Rd	0.33mi	4/3.0	2,049 (+2%)	6mo	$215,000	$105	76
3513 Campagna Dr	0.31mi	3/2.0 (-1)	1,852 (-7%)	2mo	$300,000	$162	63
3508 Gallo Dr	0.32mi	3/2.0 (-1)	1,754 (-12%)	5mo	$119,500	$68	52
3612 Rosetta Dr	0.65mi	3/2.0 (-1)	1,850 (-8%)	0mo	$118,000	$64	48
3509 Plaza Dr	0.59mi	3/2.0 (-1)	1,811 (-9%)	1mo	$319,900	$177	47
3016 Pecan Dr	0.72mi	4/2.0	1,858 (-7%)	8mo	$305,000	$164	44
3416 Rosetta Dr	0.72mi	3/2.0 (-1)	1,890 (-6%)	8mo	$230,000	$122	42
3021 Karen Dr	0.74mi	3/2.0 (-1)	1,841 (-8%)	2mo	$265,000	$144	42
3205 Veronica Dr	0.72mi	4/2.0	1,730 (-14%)	2mo	$264,000	$153	38
3228 Veronica Dr	0.66mi	3/2.0 (-1)	1,742 (-13%)	1mo	$138,500	$80	38
3004 Campagna Dr	0.66mi	3/2.0 (-1)	1,747 (-13%)	10mo	$287,000	$164	31

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: -11.5%
• Equity multiple: 0.58×
• Total profit: $-26,772
• Equity at exit: $34,294

10-year hold

• IRR: -2.1%
• Equity multiple: 0.86×
• Total profit: $-9,288
• Equity at exit: $19,886

Cash invested: $64,400 (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: 9.3×

Monthly cashflow live

• Estimated rent: $2,053 high
• Mortgage (P&I): −$1,206
• Tax from tax record: −$92 /mo · $1,099/yr
• Insurance: −$96
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$431
• Net cashflow: $162

Break-even live

Break-even rent $1,848

Max offer price $230,000

Occupancy floor 87%

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: $57,500
• Closing costs: $6,900
• Reserves months: —
• Total cash needed: —

Rent comps 9 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3629 Charles Dr Chalmette, LA	3.0	2.0	1405	$1,600	$1.14	14d	1	0.21mi
3708 Veronica Dr Chalmette, LA	3.0	2.0	1818	$2,550	$1.40	1d	1	0.39mi
3321 Plaza Dr Chalmette, LA	3.0	2.0	1400	$1,650	$1.18	10d	1	0.70mi
3012 Volpe Dr Chalmette, LA	3.0	2.0	1812	$2,500	$1.38	43d	1	0.71mi
2708 Volpe Dr Chalmette, LA	3.0	2.0	1556	$2,300	$1.48	21d	1	0.93mi
1804 Wisconsin St Chalmette, LA	3.0	3.0	2350	$2,000	$0.85	23d	1	0.95mi
2709 Munster Blvd Meraux, LA	3.0	2.0	1411	$1,900	$1.35	23d	1	1.03mi
2429 Octavia Dr Chalmette, LA	3.0	2.0	1700	$1,575	$0.93	23d	1	1.22mi
2518 Delambert St Chalmette, LA	3.0	2.0	1617	$1,825	$1.13	43d	1	1.30mi

Listing history 37 events

1. 2026-06-18
   days on market $230,000 Active 133 DOM
2. 2026-06-17
   days on market $230,000 Active 132 DOM
3. 2026-06-16
   days on market $230,000 Active 131 DOM
4. 2026-06-15
   days on market $230,000 Active 130 DOM
5. 2026-06-13
   days on market $230,000 Active 128 DOM
6. 2026-06-10
   days on market $230,000 Active 125 DOM
7. 2026-06-09
   days on market $230,000 Active 124 DOM
8. 2026-06-08
   days on market $230,000 Active 123 DOM
9. 2026-06-07
   days on market $230,000 Active 122 DOM
10. 2026-06-03
    days on market $230,000 Active 118 DOM
11. 2026-06-02
    days on market $230,000 Active 117 DOM
12. 2026-06-01
    days on market $230,000 Active 116 DOM
13. 2026-05-31
    days on market $230,000 Active 115 DOM
14. 2026-03-28
    price $230,000 1062-char remark

    Show marketing remark (1078 chars)

    Discover 3800 Mumphrey Road, a charming and versatile ranch-style residence nestled in the heart of Chalmette. This thoughtfully laid-out home offers up to four bedrooms and three full bathrooms, making it for families of all sizes or those needing extra space for a home office, gym, or creative studio. Whether you're a growing family or a professional looking for flexible living arrangements, this property offers the adaptability to match your lifestyle—all while enjoying the benefits of a prime location to local conveniences. Outside, a spacious covered patio creates a peaceful and private outdoor escape, for weekend barbecues, hobby projects, or just relaxing at the end of the day. With minimal yard maintenance, you’ll have more time to enjoy the things you love. trees lend shade and character to the outdoor space, enhancing the overall sense of tranquility. Located in a friendly, quiet neighborhood just minutes from schools, shopping, and dining, 3800 Mumphrey Road offers the best of both comfort and convenience—an ideal place to call home.

15. 2026-03-28
    price $230,000 1078-char remark

    Show marketing remark (1078 chars)

    Discover 3800 Mumphrey Road, a charming and versatile ranch-style residence nestled in the heart of Chalmette. This thoughtfully laid-out home offers up to four bedrooms and three full bathrooms, making it for families of all sizes or those needing extra space for a home office, gym, or creative studio. Whether you're a growing family or a professional looking for flexible living arrangements, this property offers the adaptability to match your lifestyle—all while enjoying the benefits of a prime location to local conveniences. Outside, a spacious covered patio creates a peaceful and private outdoor escape, for weekend barbecues, hobby projects, or just relaxing at the end of the day. With minimal yard maintenance, you’ll have more time to enjoy the things you love. trees lend shade and character to the outdoor space, enhancing the overall sense of tranquility. Located in a friendly, quiet neighborhood just minutes from schools, shopping, and dining, 3800 Mumphrey Road offers the best of both comfort and convenience—an ideal place to call home.

16. 2026-03-12
    price $234,000 1062-char remark

    Show marketing remark (1078 chars)

    Discover 3800 Mumphrey Road, a charming and versatile ranch-style residence nestled in the heart of Chalmette. This thoughtfully laid-out home offers up to four bedrooms and three full bathrooms, making it for families of all sizes or those needing extra space for a home office, gym, or creative studio. Whether you're a growing family or a professional looking for flexible living arrangements, this property offers the adaptability to match your lifestyle—all while enjoying the benefits of a prime location to local conveniences. Outside, a spacious covered patio creates a peaceful and private outdoor escape, for weekend barbecues, hobby projects, or just relaxing at the end of the day. With minimal yard maintenance, you’ll have more time to enjoy the things you love. trees lend shade and character to the outdoor space, enhancing the overall sense of tranquility. Located in a friendly, quiet neighborhood just minutes from schools, shopping, and dining, 3800 Mumphrey Road offers the best of both comfort and convenience—an ideal place to call home.

17. 2026-03-12
    price $234,000 1078-char remark

    Show marketing remark (1078 chars)

    Discover 3800 Mumphrey Road, a charming and versatile ranch-style residence nestled in the heart of Chalmette. This thoughtfully laid-out home offers up to four bedrooms and three full bathrooms, making it for families of all sizes or those needing extra space for a home office, gym, or creative studio. Whether you're a growing family or a professional looking for flexible living arrangements, this property offers the adaptability to match your lifestyle—all while enjoying the benefits of a prime location to local conveniences. Outside, a spacious covered patio creates a peaceful and private outdoor escape, for weekend barbecues, hobby projects, or just relaxing at the end of the day. With minimal yard maintenance, you’ll have more time to enjoy the things you love. trees lend shade and character to the outdoor space, enhancing the overall sense of tranquility. Located in a friendly, quiet neighborhood just minutes from schools, shopping, and dining, 3800 Mumphrey Road offers the best of both comfort and convenience—an ideal place to call home.

18. 2026-02-05
    listed $239,000 Active 1062-char remark

    Show marketing remark (1078 chars)

    Discover 3800 Mumphrey Road, a charming and versatile ranch-style residence nestled in the heart of Chalmette. This thoughtfully laid-out home offers up to four bedrooms and three full bathrooms, making it for families of all sizes or those needing extra space for a home office, gym, or creative studio. Whether you're a growing family or a professional looking for flexible living arrangements, this property offers the adaptability to match your lifestyle—all while enjoying the benefits of a prime location to local conveniences. Outside, a spacious covered patio creates a peaceful and private outdoor escape, for weekend barbecues, hobby projects, or just relaxing at the end of the day. With minimal yard maintenance, you’ll have more time to enjoy the things you love. trees lend shade and character to the outdoor space, enhancing the overall sense of tranquility. Located in a friendly, quiet neighborhood just minutes from schools, shopping, and dining, 3800 Mumphrey Road offers the best of both comfort and convenience—an ideal place to call home.

19. 2026-02-05
    listed $239,000 Active 1078-char remark

    Show marketing remark (1078 chars)

    Discover 3800 Mumphrey Road, a charming and versatile ranch-style residence nestled in the heart of Chalmette. This thoughtfully laid-out home offers up to four bedrooms and three full bathrooms, making it for families of all sizes or those needing extra space for a home office, gym, or creative studio. Whether you're a growing family or a professional looking for flexible living arrangements, this property offers the adaptability to match your lifestyle—all while enjoying the benefits of a prime location to local conveniences. Outside, a spacious covered patio creates a peaceful and private outdoor escape, for weekend barbecues, hobby projects, or just relaxing at the end of the day. With minimal yard maintenance, you’ll have more time to enjoy the things you love. trees lend shade and character to the outdoor space, enhancing the overall sense of tranquility. Located in a friendly, quiet neighborhood just minutes from schools, shopping, and dining, 3800 Mumphrey Road offers the best of both comfort and convenience—an ideal place to call home.

20. 2026-01-30
    price $239,000
21. 2026-01-30
    price $239,000
22. 2025-12-17
    price $244,000
23. 2025-12-17
    price $244,000
24. 2025-10-09
    price $245,000
25. 2025-10-09
    price $245,000
26. 2025-09-12
    price $247,000
27. 2025-09-12
    price $247,000
28. 2025-08-20
    listed $250,000 Active
29. 2025-08-20
    listed $247,000 Active
30. 2010-03-23
    soldstatus $155,000
31. 2010-03-19
    soldstatus $155,000
32. 2009-07-14
    listed $160,000
33. 2009-07-14
    listed $160,000
34. 1995-10-02
    soldstatus $104,000
35. 1995-09-28
    soldstatus $104,000
36. 1995-05-17
    listed $113,900
37. 1995-05-17
    listed $113,900

ⓘ 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: $1,099 · $92/mo
• Projected year-2 tax: $1,265 · $105/mo
• Expected delta: +$166/yr (+$14/mo · 15.1%)

ⓘ 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) · 76% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥108°F today · 21 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: $24,638
• − Mortgage interest: −$12,884
• − Property taxes: −$1,099
• − Insurance: −$1,948
• − Repairs & maintenance: −$1,971
• − Management: −$1,971
• − Depreciation: −$6,691
• Taxable loss: −$1,925
• Est. tax savings @ 24.0%: +$462
• After-tax cash flow: $2,406/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

+101.9% since first listed

24 events — show timeline

• 2026-03-28 Price Changed $230,000 AcadianaMLS
• 2026-03-28 Price Changed $230,000 GSREIN
• 2026-03-12 Price Changed $234,000 AcadianaMLS
• 2026-03-12 Price Changed $234,000 GSREIN
• 2026-02-05 Listed $239,000 GSREIN
• 2026-02-05 Listed $239,000 AcadianaMLS
• 2026-01-30 Price Changed $239,000 AcadianaMLS
• 2026-01-30 Price Changed $239,000 GSREIN
• 2025-12-17 Price Changed $244,000 AcadianaMLS
• 2025-12-17 Price Changed $244,000 GSREIN
• 2025-10-09 Price Changed $245,000 AcadianaMLS
• 2025-10-09 Price Changed $245,000 GSREIN
• 2025-09-12 Price Changed $247,000 AcadianaMLS
• 2025-09-12 Price Changed $247,000 GSREIN
• 2025-08-20 Listed $247,000 AcadianaMLS
• 2025-08-20 Listed $250,000 AcadianaMLS
• 2010-03-23 Sold (Public Records) $155,000 Public Records
• 2010-03-19 Sold (MLS) $155,000 GSREIN
• 2009-07-14 Listed $160,000 AcadianaMLS
• 2009-07-14 Listed $160,000 GSREIN
• 1995-10-02 Sold (Public Records) $104,000 Public Records
• 1995-09-28 Sold (MLS) $104,000 GSREIN
• 1995-05-17 Listed $113,900 GSREIN
• 1995-05-17 Listed $113,900 AcadianaMLS

Property tax history

-4.8%/yr

Latest (2025): $1,099 · -51.3% YoY. Source: county tax records.