512 11th StLake CharlesLA70601
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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 512 11th St, Lake Charles, LA, 70601 offers a 10.48% rental yield on a $138,900 purchase with $1,213/mo rent. Total monthly income registers $1,213/mo, and a $680/mo payment leaves $352/mo available for distribution. Annual cash flow reaches $4,229/yr on $46,045 to close, and return on cash invested stands at 29.09% in year one. Equity gained on principal adds $896/yr while 5% annual appreciation supports $38,376 over five years. Portfolio math shows five-year ROI at 152.15% and total cumulative return in cash at $70,057. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,213/mo property income against a $680/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70601, Lake Charles, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,418 (100%) |
| Owner Occupied HU | 7,352 (44.8%) |
| Renter Occupied HU | 6,909 (42.1%) |
| Vacant Housing Units | 2,157 (13.1%) |
| Median Home Value | $191,938 |
| Average Home Value | $292,149 |
Housing Distribution
Address Breakdown
Residential
13,724
Single Family
12,609
Multi-Family
1,115
Businesses
2,035
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Listed by: Jill Morris • One Way Realty LLC
Mls Name: SWLAR
Mls ID: #SWL25002593