3109 Deaton StLake CharlesLA70601
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3109 Deaton St, Lake Charles, LA, 70601 earns $640/mo cash flow from $1,783/mo rent with a $903/mo payment. Total monthly income totals $1,783/mo, and annual cash flow totals $7,682/yr on $61,162 capital. ROI tracks 32.47% on current figures, and rental yield reads 11.6% at a $184,500 purchase. Equity gained on principal adds $1,191/yr, and 5% annual appreciation supports $50,974 over five years. Five-year ROI reaches 170.27% and total cumulative return in cash sums $104,138. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,783/mo property income instead of your personal income.
Single Family
Built in 1950
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70601, Lake Charles, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,418 (100%) |
| Owner Occupied HU | 7,352 (44.8%) |
| Renter Occupied HU | 6,909 (42.1%) |
| Vacant Housing Units | 2,157 (13.1%) |
| Median Home Value | $191,938 |
| Average Home Value | $292,149 |
Housing Distribution
Address Breakdown
Residential
13,724
Single Family
12,609
Multi-Family
1,115
Businesses
2,035
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Haley Bonin • Real Broker, LLC
Mls Name: SWLAR
Mls ID: #SWL25102305