515 Division St #F320A52C6Lake CharlesLA70601
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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 515 Division St #F320A52C6, Lake Charles, LA, 70601 listed at $209,200 pairs $1,027/mo rent with a $1,024/mo payment. Total monthly income runs $1,027/mo. Return on cash invested measures 15.26% in year one, and rental yield registers 5.89% at a $209,200 basis. Equity gained on principal adds $1,350/yr, and annual property appreciation at 5% supports $57,798 by year five. Five-year ROI tracks 77.98% and total cumulative return in cash totals $54,076. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,027/mo property income relative to a $1,024/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Apartment
Built in N/A
N/A 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: 515 Division St • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A