410 Saint Mary StLake CharlesLA70615
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 410 Saint Mary St, Lake Charles, LA, 70615 in Lake Charles speaks for itself: 11.44% gross on a $195,000 price, generating $1,859/mo in rent and $572/mo in net income after the $877/mo debt service. DSCR 2.12, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $6,865 stacks alongside $53,875 in projected five-year appreciation and $1,796/yr in principal reduction. Projected total cumulative return: $115,849.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.4% | 9.2% |
| Monthly Cash Flow | $572 | $850 |
City averages based on Lake Charles market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,859 |
| Total Monthly Debt Service | $1,130 |
| DSCR Ratio | 1.64x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2018
0.26 Acres lot
$N/A/sqft
No HOA
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
Single Family
Built in 2018
0.26 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ken'yonna Ford • Reign Realty
Mls Name: Greater Southern MLS
Mls ID: #SWL24007071