1026 Lakelyn DrLake charlesLA70605
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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
Investment property for sale in Lake charles at 1026 Lakelyn Dr, Lake charles, LA, 70605 with 5% annual appreciation on a $394,000 basis while $2,630/mo rent supports operations. Total monthly income totals $2,630/mo and a $1,928/mo payment preserves $190/mo for cash returns. Annual cash flow comes to $2,278/yr on $130,611 deployed, and return on cash invested reaches 21.65% in year one. Equity gained on principal adds $2,542/yr, and five-year appreciation sums $108,855 alongside rental yield of 8.01%. Five-year ROI measures 112.19% and total cumulative return in cash totals $146,536.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,630/mo property income versus a $1,928/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1994
0.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70605, Lake Charles, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,741 (100%) |
| Owner Occupied HU | 11,196 (59.7%) |
| Renter Occupied HU | 5,823 (31.1%) |
| Vacant Housing Units | 1,722 ( 9.2%) |
| Median Home Value | $320,067 |
| Average Home Value | $394,663 |
Housing Distribution
Address Breakdown
Residential
17,180
Single Family
14,078
Multi-Family
3,102
Businesses
927
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Listed by: Kym DiGiovanni • Century 21 Bono Realty
Mls Name: Greater Southern MLS
Mls ID: #SWL24005893