610 E Cal Cam LnLake CharlesLA70607
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
Investment property for sale in Lake Charles at 610 E Cal Cam Ln, Lake Charles, LA, 70607 uses $127,628 cash to close to unlock $12,342/yr annual cash flow and $1,029/mo monthly cash flow. Total monthly income runs $3,413/mo, and a $1,884/mo payment keeps the spread at $1,029/mo. Purchase price stands at $385,000, and rental yield measures 10.64% with $3,413/mo rent. Return on cash invested shows 29.58% in year one, and 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 154.71% and total cumulative return in cash records $197,446. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,413/mo property income covering a $1,884/mo payment rather than investor’s personal income.
Single Family
Built in 1999
6 Acres lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kaysha Sims • Coldwell Banker Ingle Safari R
Mls Name: SWLAR
Mls ID: #SWL25102024