4308 Cabot DrLake CharlesLA70607
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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 4308 Cabot Dr, Lake Charles, LA, 70607 offers a 8.42% rental yield on a $295,000 purchase with $2,071/mo rent. Total monthly income registers $2,071/mo, and a $1,444/mo payment leaves $140/mo available for distribution. Annual cash flow reaches $1,675/yr on $97,793 to close, and return on cash invested stands at 21.62% in year one. Equity gained on principal adds $1,904/yr while 5% annual appreciation supports $81,503 over five years. Portfolio math shows five-year ROI at 112.51% and total cumulative return in cash at $110,030. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,071/mo property income against a $1,444/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
7,148 sqft lot
$N/A/sqft
$480 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70607, Lake Charles, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,715 (100%) |
| Owner Occupied HU | 7,343 (49.9%) |
| Renter Occupied HU | 5,394 (36.7%) |
| Vacant Housing Units | 1,978 (13.4%) |
| Median Home Value | $221,040 |
| Average Home Value | $240,880 |
Housing Distribution
Address Breakdown
Residential
13,327
Single Family
10,207
Multi-Family
3,120
Businesses
532
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Listed by: Demetrice Meeks • Sheryl Manuel
Mls Name: Greater Southern MLS
Mls ID: #NAB25001805
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.