4005 Joseph StLake 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
Rental property for sale in Lake charles at 4005 Joseph St, Lake charles, LA, 70605 priced at $229,900 pairs $1,969/mo rent with $545/mo cash flow after a $1,125/mo payment. Total monthly income equals $1,969/mo, and annual cash flow comes to $6,542/yr on $76,212 invested. Return on cash invested is 28.49% in year one, and rental yield stands at 10.28% on a $229,900 basis. Equity gained on principal adds $1,484/yr, and 5% annual appreciation accumulates to $63,517 by year five. Five-year ROI measures 148.92% and total cumulative return in cash reaches $113,495. For financing, Ziffy Mortgage’s DSCR program evaluates $1,969/mo property income against a $1,125/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1961
0.37 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lola Toups • CENTURY 21 Bessette Flavin
Mls Name: SWLAR
Mls ID: #SWL25101245
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.