2905 8th St, Lake Charles, LA, 70615 | $242/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

Investment property for sale in Lake Charles at 2905 8th St, Lake Charles, LA, 70615 uses $52,709 cash to close to unlock $2,908/yr annual cash flow and $242/mo monthly cash flow. Total monthly income runs $1,227/mo, and a $778/mo payment keeps the spread at $242/mo. Purchase price stands at $159,000, and rental yield measures 9.26% with $1,227/mo rent. Return on cash invested shows 25.43% in year one, and 5% annual appreciation builds toward $43,929 over five years. Five-year ROI reaches 132.48% and total cumulative return in cash records $69,828. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,227/mo property income covering a $778/mo payment rather than investor’s personal income.

Single Family

Built in 1965

0.26 Acres lot

$N/A/sqft

No HOA