101 Holmes StLake CharlesLA70615
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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 Lake Charles at 101 Holmes St, Lake Charles, LA, 70615 offers $1,051/mo rent that, after a $661/mo payment, leaves $215/mo cash flow. Total monthly income is $1,051/mo, and annual cash flow is $2,574/yr on $44,753 cash. Return on cash invested measures 25.66% in year one, and rental yield stands at 9.34% at a $135,000 entry. Equity gained on principal adds $871/yr while 5% annual appreciation compounds into $37,298 by year five. Five-year ROI records 133.75% and total cumulative return in cash reaches $59,857. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,051/mo property income versus a $661/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
5,887 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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