3247 Snowy Egret Dr,Lake Charles,LA,70615

Investment Highlights

Investment property for sale in Lake Charles at 3247 Snowy Egret Dr, Lake Charles, LA, 70615 listed at $224,900 pairs $2,166/mo rent with a $1,101/mo payment to leave $773/mo cash flow. Total monthly income runs $2,166/mo, and annual cash flow reaches $9,272/yr on $74,554 cash to close. Return on cash invested measures 32.34% in year one, and rental yield registers 11.56% at a $224,900 basis. Equity gained on principal adds $1,451/yr, and annual property appreciation at 5% supports $62,136 by year five. Five-year ROI tracks 169.55% and total cumulative return in cash totals $126,409. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,166/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).