2513 New Dawn DrLake CharlesLA70605
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2513 New Dawn Dr, Lake Charles, LA, 70605 at $239,500 posts ROI 23.33% with $227/mo cash flow from $1,710/mo rent. Total monthly income equals $1,710/mo, and annual cash flow records $2,720/yr on $79,394 to close. Return on cash invested measures 23.33% and rental yield reads 8.57% at the current $239,500. Equity gained on principal adds $1,545/yr, and 5% annual appreciation supports $66,169 by year five. Five-year ROI prints 121.23% and total cumulative return in cash totals $96,253.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,710/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1994
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70605, Lake Charles, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,741 (100%) |
| Owner Occupied HU | 11,196 (59.7%) |
| Renter Occupied HU | 5,823 (31.1%) |
| Vacant Housing Units | 1,722 ( 9.2%) |
| Median Home Value | $320,067 |
| Average Home Value | $394,663 |
Housing Distribution
Address Breakdown
Residential
17,180
Single Family
14,078
Multi-Family
3,102
Businesses
927
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Listed by: Larry Turner • Century 21 Bessette Realty
Mls Name: Greater Southern MLS
Mls ID: #SWL24005772