445 Washington StLake 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
Investment property for sale in Lake Charles at 445 Washington St, Lake Charles, LA, 70605 with 5% annual appreciation on a $194,800 basis while $2,082/mo rent supports operations. Total monthly income totals $2,082/mo and a $953/mo payment preserves $876/mo for cash returns. Annual cash flow comes to $10,509/yr on $64,576 deployed, and return on cash invested reaches 36.18% in year one. Equity gained on principal adds $1,257/yr, and five-year appreciation sums $53,820 alongside rental yield of 12.83%. Five-year ROI measures 190.11% and total cumulative return in cash totals $122,767.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,082/mo property income versus a $953/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1966
10,454 sqft 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: Nanako Thibodeaux • Rainbow Real Estate LLC
Mls Name: SWLAR
Mls ID: #SWL25002846