512 Lebato StLake charlesLA70601
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 512 Lebato St, Lake charles, LA, 70601 offers a 9.11% rental yield on a $118,372 purchase with $899/mo rent. Total monthly income registers $899/mo, and a $579/mo payment leaves $166/mo available for distribution. Annual cash flow reaches $1,993/yr on $39,240 to close, and return on cash invested stands at 24.99% in year one. Equity gained on principal adds $764/yr while 5% annual appreciation supports $32,704 over five years. Portfolio math shows five-year ROI at 130.21% and total cumulative return in cash at $51,096. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $899/mo property income against a $579/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
6,098 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brian Griggs • Keller Williams Realty Lake Ch
Mls Name: SWLAR
Mls ID: #SWL25101706