4321 Sweet Bay DrLake CharlesLA70611
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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
Investment property for sale in Lake Charles at 4321 Sweet Bay Dr, Lake Charles, LA, 70611 earns from $1,665/mo rent with a $2,203/mo payment. Total monthly income totals $1,665/mo. ROI tracks 10.88% on current figures, and rental yield reads 4.44% at a $450,000 purchase. Equity gained on principal adds $2,904/yr, and 5% annual appreciation supports $124,327 over five years. Five-year ROI reaches 54.4% and total cumulative return in cash sums $81,150. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,665/mo property income instead of your personal income.
Single Family
Built in 1993
1.05 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
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Listed by: Michael Guidry • Coldwell Banker Ingle Safari R
Mls Name: SWLAR
Mls ID: #SWL25102190