2086 WestbankLake 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
Investment property for sale in Lake Charles at 2086 Westbank, Lake Charles, LA, 70611 uses $79,229 cash to close to unlock $9,065/yr annual cash flow and $755/mo monthly cash flow. Total monthly income runs $2,336/mo, and a $1,170/mo payment keeps the spread at $755/mo. Purchase price stands at $239,000, and rental yield measures 11.73% with $2,336/mo rent. Return on cash invested shows 31.35% in year one, and 5% annual appreciation builds toward $66,031 over five years. Five-year ROI reaches 164.79% and total cumulative return in cash records $130,560. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,336/mo property income covering a $1,170/mo payment rather than investor’s personal income.
Single Family
Built in 2017
7,800 sqft lot
$N/A/sqft
$300 annually 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: Haley Bonin • Real Broker, LLC
Mls Name: SWLAR
Mls ID: #SWL25100749
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.