4115 Woodside DrLake CharlesLA70605
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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
Rental property for sale in Lake Charles at 4115 Woodside Dr, Lake Charles, LA, 70605 priced at $636,400 converts $4,490/mo rent into $525/mo cash flow after a $3,115/mo obligation. Total monthly income equals $4,490/mo, and annual cash flow totals $6,302/yr on $209,376 invested. Return on cash invested prints 23.07% in year one, and rental yield reads 8.47% against a $636,400 entry. Equity gained on principal adds $4,107/yr, while 5% annual appreciation compiles into $175,826 by year five. Five-year ROI reaches 119.83% and total cumulative return in cash sums $250,888. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,490/mo property income covering a $3,115/mo payment, not borrower’s personal income.
Single Family
Built in 2001
0.35 Acres lot
$N/A/sqft
$270 annually 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: Barbara Diamond • RE/MAX ONE
Mls Name: Greater Southern MLS
Mls ID: #SWL24001345