Reims V H Plan, Porter's CoveLake CharlesLA70611
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
Rental property for sale in Lake Charles at Reims V H Plan, Porter's Cove, Lake Charles, LA, 70611 priced at $261,990 pairs $2,392/mo rent with $727/mo cash flow after a $1,282/mo payment. Total monthly income equals $2,392/mo, and annual cash flow comes to $8,722/yr on $86,850 invested. Return on cash invested is 29.95% in year one, and rental yield stands at 10.96% on a $261,990 basis. Equity gained on principal adds $1,691/yr, and 5% annual appreciation accumulates to $72,383 by year five. Five-year ROI measures 156.91% and total cumulative return in cash reaches $136,278. For financing, Ziffy Mortgage’s DSCR program evaluates $2,392/mo property income against a $1,282/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
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