606 N Grace St, Lake Charles, LA, 70615 | 5.48% Rental Yield

For Sale

Rental Income

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Lake Charles at 606 N Grace St, Lake Charles, LA, 70615 offers a 5.48% rental yield on a $310,000 purchase with $1,416/mo rent. 02% in year one. Equity gained on principal adds $2,000/yr while 5% annual appreciation supports $85,647 over five years. Portfolio math shows five-year ROI at 71.28% and total cumulative return in cash at $73,255. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,416/mo property income against a $1,517/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Multi Family

Built in 2010

1.15 Acres lot

$N/A/sqft

No HOA