462 Sharon LnLake charlesLA70611
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
Investment property for sale in Lake charles at 462 Sharon Ln, Lake charles, LA, 70611 at $218,500 posts ROI 24.43% with $273/mo cash flow from $1,626/mo rent. Total monthly income equals $1,626/mo, and annual cash flow records $3,275/yr on $72,433 to close. Return on cash invested measures 24.43% and rental yield reads 8.93% at the current $218,500. Equity gained on principal adds $1,410/yr, and 5% annual appreciation supports $60,368 by year five. Five-year ROI prints 127.1% and total cumulative return in cash totals $92,060.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,626/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1996
0.68 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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Nearby investment properties with comparable prices
Listed by: Lyndsie Blanchard • The Real Estate Brokerage
Mls Name: SWLAR
Mls ID: #SWL25102381