420 Moss StLake CharlesLA70601
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 420 Moss St, Lake Charles, LA, 70601 priced at $150,000 converts $1,039/mo rent into $110/mo cash flow after a $734/mo obligation. Total monthly income equals $1,039/mo, and annual cash flow totals $1,320/yr on $49,725 invested. Return on cash invested prints 22.56% in year one, and rental yield reads 8.31% against a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation compiles into $41,442 by year five. Five-year ROI reaches 117.06% and total cumulative return in cash sums $58,206. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,039/mo property income covering a $734/mo payment, not borrower’s personal income.
Multi Family
Built in 1975
6,534 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robbie Ingle • Coldwell Banker Ingle Safari R
Mls Name: SWLAR
Mls ID: #SWL25102008