6320 Loftin RdLake 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
Investment property for sale in Lake Charles at 6320 Loftin Rd, Lake Charles, LA, 70615 listed at $299,900 pairs $2,108/mo rent with a $1,468/mo payment to leave $250/mo cash flow. Total monthly income runs $2,108/mo, and annual cash flow reaches $3,002/yr on $99,417 cash to close. Return on cash invested measures 22.93% in year one, and rental yield registers 8.43% at a $299,900 basis. Equity gained on principal adds $1,935/yr, and annual property appreciation at 5% supports $82,857 by year five. Five-year ROI tracks 119.08% and total cumulative return in cash totals $118,384. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,108/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2014
2.20 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alexa Midkiff • RE/MAX ONE
Mls Name: SWLAR
Mls ID: #SWL25100037
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.