1908 Mark StLake CharlesLA70607
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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 1908 Mark St, Lake Charles, LA, 70607 at $135,750 posts ROI 32.11% with $458/mo cash flow from $1,298/mo rent. Total monthly income equals $1,298/mo, and annual cash flow records $5,490/yr on $45,001 to close. Return on cash invested measures 32.11% and rental yield reads 11.47% at the current $135,750. Equity gained on principal adds $876/yr, and 5% annual appreciation supports $37,505 by year five. Five-year ROI prints 168.28% and total cumulative return in cash totals $75,728.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,298/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1965
10,018 sqft 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 |
Housing Distribution
Address Breakdown
Residential
13,327
Single Family
10,207
Multi-Family
3,120
Businesses
532
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Listed by: Bonnie Bahnsen • RE/MAX ONE
Mls Name: Greater Southern MLS
Mls ID: #SWL25000011