Wells II H Plan, Edgewood at Morganfield, Lake Charles, LA, 70607 | $878/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1974 sft

3742 Willow Wood Dr, Lake Charles, LA, 70605

4 Bed
4 Bath
3030 sft

4096 Highway 171, Deridder, LA, 70634

4 Bed
2 Bath
1899 sft

Sicily Plan, Ridge at Morganfield, Lake Charles, LA, 70607

3 Bed
3 Bath
1500 sft

461 Lake Breeze Rd, Hackberry, LA, 70645

Nearby investment properties with comparable prices

3 Bed
2 Bath
1447 sft

2209 Michele Ct, Lake Charles, LA, 70607

3 Bed
3 Bath
1923 sft

113 N Welty Ave, Iowa, LA, 70647

3 Bed
2 Bath
1216 sft

7537 Delaney Rd, Bell city, LA, 70630

4 Bed
2 Bath
1388 sft

302 Ann Ave, Sulphur, LA, 70663

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Lake Charles at Wells II H Plan, Edgewood at Morganfield, Lake Charles, LA, 70607 listed at $240,990 pairs $2,371/mo rent with a $1,180/mo payment to leave $878/mo cash flow. Total monthly income runs $2,371/mo, and annual cash flow reaches $10,533/yr on $79,888 cash to close. Return on cash invested measures 33.09% in year one, and rental yield registers 11.81% at a $240,990 basis. Equity gained on principal adds $1,555/yr, and annual property appreciation at 5% supports $66,581 by year five. Five-year ROI tracks 173.57% and total cumulative return in cash totals $138,661. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,371/mo property income relative to a $1,180/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2026

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