305 Natchez DrLake charlesLA70611
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 305 Natchez Dr, Lake charles, LA, 70611 uses $152,159 cash to close to unlock $10,732/yr annual cash flow and $894/mo monthly cash flow. Total monthly income runs $3,738/mo, and a $2,247/mo payment keeps the spread at $894/mo. Purchase price stands at $459,000, and rental yield measures 9.77% with $3,738/mo rent. Return on cash invested shows 26.96% in year one, and 5% annual appreciation builds toward $126,813 over five years. Five-year ROI reaches 140.68% and total cumulative return in cash records $214,055. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,738/mo property income covering a $2,247/mo payment rather than investor’s personal income.
Single Family
Built in 1997
0.75 Acres lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jade Miles • CENTURY 21 Bessette Flavin
Mls Name: SWLAR
Mls ID: #SWL25101536