2801 3rd St, Lake Charles, LA, 70615 | $393/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Lake Charles at 2801 3rd St, Lake Charles, LA, 70615 generates $1,477/mo in rent and, after a $857/mo payment, leaves $393/mo in cash flow. Total monthly income is $1,477/mo, and annual cash flow is $4,710/yr on $58,013 invested. Return on cash invested sits at 28.03% in year one, and rental yield is 10.13% on a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 146.44% and total cumulative return in cash sums $84,955. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,477/mo property income rather than buyer’s personal income.

Single Family

Built in 2009

0.57 Acres lot

$N/A/sqft

No HOA