1126 W Diamond CirLake CharlesLA70611
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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 Lake Charles at 1126 W Diamond Cir, Lake Charles, LA, 70611 offers a 8.63% rental yield on a $379,900 purchase with $2,732/mo rent. Total monthly income registers $2,732/mo, and a $1,859/mo payment leaves $379/mo available for distribution. Annual cash flow reaches $4,550/yr on $125,937 to close, and return on cash invested stands at 23.52% in year one. Equity gained on principal adds $2,451/yr while 5% annual appreciation supports $104,959 over five years. Portfolio math shows five-year ROI at 122.26% and total cumulative return in cash at $153,965. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,732/mo property income against a $1,859/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70611, Lake Charles, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,082 (100%) |
| Owner Occupied HU | 6,977 (76.8%) |
| Renter Occupied HU | 1,359 (15.0%) |
| Vacant Housing Units | 746 ( 8.2%) |
| Median Home Value | $292,534 |
| Average Home Value | $325,683 |
Housing Distribution
Address Breakdown
Residential
8,877
Single Family
8,624
Multi-Family
253
Businesses
308
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Listed by: Lara Cooley • EXIT Real Estate Consultants
Mls Name: Greater Southern MLS
Mls ID: #SWL25003032
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.