3255 E Blue Heron DrLake CharlesLA70615
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
Rental property for sale in Lake Charles at 3255 E Blue Heron Dr, Lake Charles, LA, 70615 priced at $290,000 pairs $2,242/mo rent with $351/mo cash flow after a $1,419/mo payment. Total monthly income equals $2,242/mo, and annual cash flow comes to $4,215/yr on $96,135 invested. Return on cash invested is 24.29% in year one, and rental yield stands at 9.28% on a $290,000 basis. Equity gained on principal adds $1,871/yr, and 5% annual appreciation accumulates to $80,122 by year five. Five-year ROI measures 126.83% and total cumulative return in cash reaches $121,924. For financing, Ziffy Mortgage’s DSCR program evaluates $2,242/mo property income against a $1,419/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2019
6,512 sqft lot
$N/A/sqft
$400 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tanisa Penland • EXIT Bayou Realty
Mls Name: Greater Southern MLS
Mls ID: #SWL25001796
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.