1056 Forest BlvdLake charlesLA70611
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 1056 Forest Blvd, Lake charles, LA, 70611 in Lake charles is a conservative rental investment at $379,500. Rental yield 6.78%. A 1.26 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $104,849; $3,495/yr in principal paydown supplements. Total projected return: $130,642.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.8% | 9.2% |
| Monthly Cash Flow | $(206) | $850 |
City averages based on Lake charles market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,144 |
| Total Monthly Debt Service | $2,200 |
| DSCR Ratio | 0.97x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1970
1.35 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 1970
1.35 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: Scott Moffett • Moffett Realty, LLC
Mls Name: SWLAR
Mls ID: #SWL25101953