2404 Stanton StLake CharlesLA70601
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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 2404 Stanton St, Lake Charles, LA, 70601 at $128,500 posts ROI 25.57% with $201/mo cash flow from $997/mo rent. Total monthly income equals $997/mo, and annual cash flow records $2,411/yr on $42,598 to close. Return on cash invested measures 25.57% and rental yield reads 9.31% at the current $128,500. Equity gained on principal adds $829/yr, and 5% annual appreciation supports $35,502 by year five. Five-year ROI prints 133.19% and total cumulative return in cash totals $56,736.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $997/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1964
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70601, Lake Charles, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,418 (100%) |
| Owner Occupied HU | 7,352 (44.8%) |
| Renter Occupied HU | 6,909 (42.1%) |
| Vacant Housing Units | 2,157 (13.1%) |
| Median Home Value | $191,938 |
| Average Home Value | $292,149 |
Housing Distribution
Address Breakdown
Residential
13,724
Single Family
12,609
Multi-Family
1,115
Businesses
2,035
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Listed by: Sarah Fontenot • Century 21 Bono Realty
Mls Name: Greater Southern MLS
Mls ID: #SWL24004756