2927 Sam Houston Forest DrLake 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 2927 Sam Houston Forest Dr, Lake charles, LA, 70611 uses $123,318 cash to close to unlock $2,165/yr annual cash flow and $180/mo monthly cash flow. Total monthly income runs $2,485/mo, and a $1,821/mo payment keeps the spread at $180/mo. Purchase price stands at $372,000, and rental yield measures 8.02% with $2,485/mo rent. Return on cash invested shows 21.66% in year one, and 5% annual appreciation builds toward $102,777 over five years. Five-year ROI reaches 112.28% and total cumulative return in cash records $138,465. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,485/mo property income covering a $1,821/mo payment rather than investor’s personal income.
Single Family
Built in 1970
2.24 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: Brandie Baudin • EXIT Real Estate Consultants
Mls Name: Greater Southern MLS
Mls ID: #SWL24006364