476 Park Ridge LnLake charlesLA70615
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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 476 Park Ridge Ln, Lake charles, LA, 70615 listed at $142,900 pairs $994/mo rent with a $699/mo payment to leave $109/mo cash flow. Total monthly income runs $994/mo, and annual cash flow reaches $1,311/yr on $47,371 cash to close. Return on cash invested measures 22.68% in year one, and rental yield registers 8.35% at a $142,900 basis. Equity gained on principal adds $922/yr, and annual property appreciation at 5% supports $39,481 by year five. Five-year ROI tracks 117.79% and total cumulative return in cash totals $55,797. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $994/mo property income relative to a $699/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1980
1.03 Acres lot
$N/A/sqft
No HOA
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Listed by: SHAYLA TRAHAN • Bricks & Mortar- Real Estate
Mls Name: SWLAR
Mls ID: #SWL25100214
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