5819 Willow Ridge DrLake 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
Investment property for sale in Lake Charles at 5819 Willow Ridge Dr, Lake Charles, LA, 70605 listed at $394,500 pairs $3,452/mo rent with a $1,931/mo payment to leave $906/mo cash flow. Total monthly income runs $3,452/mo, and annual cash flow reaches $10,878/yr on $130,777 cash to close. Return on cash invested measures 28.23% in year one, and rental yield registers 10.5% at a $394,500 basis. Equity gained on principal adds $2,546/yr, and annual property appreciation at 5% supports $108,993 by year five. Five-year ROI tracks 147.8% and total cumulative return in cash totals $193,289. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,452/mo property income relative to a $1,931/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2015
6,969 sqft lot
$N/A/sqft
$305 quarterly 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: Coleen Clark • Flavin Realty, Inc.
Mls Name: Greater Southern MLS
Mls ID: #SWL24003782