Longridge V H Plan, Porter's CoveLake CharlesLA70611
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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
Rental property for sale in Lake Charles at Longridge V H Plan, Porter's Cove, Lake Charles, LA, 70611 offers $1,590/mo rent that, after a $1,160/mo payment, leaves $122/mo cash flow. Total monthly income is $1,590/mo, and annual cash flow is $1,463/yr on $78,562 cash. Return on cash invested measures 21.77% in year one, and rental yield stands at 8.05% at a $236,990 entry. Equity gained on principal adds $1,529/yr while 5% annual appreciation compounds into $65,476 by year five. Five-year ROI records 112.84% and total cumulative return in cash reaches $88,649. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,590/mo property income versus a $1,160/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70611, Lake Charles, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,082 (100%) |
| Owner Occupied HU | 6,977 (76.8%) |
| Renter Occupied HU | 1,359 (15.0%) |
| Vacant Housing Units | 746 ( 8.2%) |
| Median Home Value | $292,534 |
| Average Home Value | $325,683 |
Housing Distribution
Address Breakdown
Residential
8,877
Single Family
8,624
Multi-Family
253
Businesses
308
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Listed by: N/A • DSLD Homes - Louisiana
Mls Name: DSLD Homes
Mls Provider:
Mls ID: #N/A