2240 Violet Elle LnLake CharlesLA70607
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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 2240 Violet Elle Ln, Lake Charles, LA, 70607 earns $169/mo cash flow from $1,622/mo rent with a $1,148/mo payment. Total monthly income totals $1,622/mo, and annual cash flow totals $2,030/yr on $77,737 capital. ROI tracks 22.52% on current figures, and rental yield reads 8.3% at a $234,500 purchase. Equity gained on principal adds $1,513/yr, and 5% annual appreciation supports $64,788 over five years. Five-year ROI reaches 116.91% and total cumulative return in cash sums $90,880. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,622/mo property income instead of your personal income.
Single Family
Built in 2019
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70607, Lake Charles, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,715 (100%) |
| Owner Occupied HU | 7,343 (49.9%) |
| Renter Occupied HU | 5,394 (36.7%) |
| Vacant Housing Units | 1,978 (13.4%) |
| Median Home Value | $221,040 |
| Average Home Value | $240,880 |
Housing Distribution
Address Breakdown
Residential
13,327
Single Family
10,207
Multi-Family
3,120
Businesses
532
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Listed by: Tony Cornner • Century 21 Bono Realty
Mls Name: SWLAR
Mls ID: #SWL25100928