1726 Goos RdLake CharlesLA70611
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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
Rental property for sale in Lake Charles at 1726 Goos Rd, Lake Charles, LA, 70611 priced at $277,500 converts $2,509/mo rent into $790/mo cash flow after a $1,358/mo obligation. Total monthly income equals $2,509/mo, and annual cash flow totals $9,483/yr on $91,991 invested. Return on cash invested prints 30.22% in year one, and rental yield reads 10.85% against a $277,500 entry. Equity gained on principal adds $1,791/yr, while 5% annual appreciation compiles into $76,668 by year five. Five-year ROI reaches 158.17% and total cumulative return in cash sums $145,504. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,509/mo property income covering a $1,358/mo payment, not borrower’s personal income.
Single Family
Built in 2008
1.05 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
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Listed by: Morgan Denman • Coldwell Banker Ingle Safari R
Mls Name: Greater Southern MLS
Mls ID: #SWL25000131