Falkner III A Plan, The Village at MorganfieldLake CharlesLA70607
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at Falkner III A Plan, The Village at Morganfield, Lake Charles, LA, 70607 in Lake Charles. Priced at $306,990, it generates $2,710/mo in gross rent and $1,048/mo in net monthly cash flow, a 11.53% yield that comfortably supports the 1.96 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $12,575. Five-year appreciation: $84,816. Equity from principal paydown: $2,827/yr. Total projected cumulative return: $168,464.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.5% | 9.2% |
| Monthly Cash Flow | $1,048 | $850 |
City averages based on Lake Charles market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,710 |
| Total Monthly Debt Service | $1,780 |
| DSCR Ratio | 1.52x |
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 2025
N/A 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
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 2025
N/A 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: Allison Bertrand • DSLD Homes - Louisiana
Mls Name: DSLD Homes
Mls Provider:
Mls ID: #N/A