1055 Green RdLake charlesLA70611
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 1055 Green Rd, Lake charles, LA, 70611 in Lake charles at $120,000 earns $1,444/mo in rent and nets $160/mo after the $540/mo payment, a 9.03% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $33,154 over five years. Ziffy Mortgage underwrites this on a 2.67 DSCR without U.S. credit history. With $1,105/yr in principal paydown, total projected return reaches $90,573.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 9.2% |
| Monthly Cash Flow | $160 | $850 |
City averages based on Lake charles market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,444 |
| Total Monthly Debt Service | $696 |
| DSCR Ratio | 2.08x |
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 2000
0.33 Acres 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
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 2000
0.33 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lydia Holland • RE/MAX ONE
Mls Name: Greater Southern MLS
Mls ID: #SWL25002094
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.