2349 Strickland CtLake 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 2349 Strickland Ct, Lake Charles, LA, 70607 with 5% annual appreciation on a $193,705 basis while $1,194/mo rent supports operations. 35% in year one. Equity gained on principal adds $1,250/yr, and five-year appreciation sums $53,517 alongside rental yield of 7.4%. Five-year ROI measures 100.09% and total cumulative return in cash totals $64,272. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,194/mo property income versus a $948/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
7,108 sqft lot
$N/A/sqft
$290 annually 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: Saun Sullivan • Cicero Realty, LLC
Mls Name: Greater Southern MLS
Mls ID: #SWL25001565
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.