5809 Perry LnLake CharlesLA70605
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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
Rental property for sale in Lake Charles at 5809 Perry Ln, Lake Charles, LA, 70605 generates $3,115/mo in rent and, after a $1,571/mo payment, leaves $1,127/mo in cash flow. Total monthly income is $3,115/mo, and annual cash flow is $13,520/yr on $106,412 invested. Return on cash invested sits at 32.61% in year one, and rental yield is 11.64% on a $321,000 entry. Equity gained on principal adds $2,071/yr, while 5% annual appreciation builds toward $88,686 over five years. Five-year ROI reaches 171% and total cumulative return in cash sums $181,961. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,115/mo property income rather than buyer’s personal income.
Single Family
Built in 1984
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70605, Lake Charles, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,741 (100%) |
| Owner Occupied HU | 11,196 (59.7%) |
| Renter Occupied HU | 5,823 (31.1%) |
| Vacant Housing Units | 1,722 ( 9.2%) |
| Median Home Value | $320,067 |
| Average Home Value | $394,663 |
Housing Distribution
Address Breakdown
Residential
17,180
Single Family
14,078
Multi-Family
3,102
Businesses
927
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Listed by: Joshua Floyd • Exit Realty Southern
Mls Name: Greater Southern MLS
Mls ID: #SWL24004558