4329 Edgewater DrLake charlesLA70605
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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 4329 Edgewater Dr, Lake charles, LA, 70605 listed at $1,249,900 pairs $2,842/mo rent with a $6,118/mo payment. Total monthly income runs $2,842/mo. Return on cash invested measures 5.85% in year one, and rental yield registers 2.73% at a $1,249,900 basis. Equity gained on principal adds $8,065/yr, and annual property appreciation at 5% supports $345,324 by year five. Five-year ROI tracks 27.35% and total cumulative return in cash totals $110,766. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,842/mo property income relative to a $6,118/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1999
0.57 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
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Listed by: Robbie Ingle • Coldwell Banker Ingle Safari R
Mls Name: SWLAR
Mls ID: #SWL25102472