625 W Lagrange StLake charlesLA70605
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 625 W Lagrange St, Lake charles, LA, 70605 with 5% annual appreciation on a $219,900 basis while $1,414/mo rent supports operations. Total monthly income totals $1,414/mo and a $1,076/mo payment preserves $52/mo for cash returns. Annual cash flow comes to $626/yr on $72,897 deployed, and return on cash invested reaches 20.77% in year one. Equity gained on principal adds $1,419/yr, and five-year appreciation sums $60,754 alongside rental yield of 7.72%. Five-year ROI measures 107.52% and total cumulative return in cash totals $78,376.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,414/mo property income versus a $1,076/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1955
0.65 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kevin M Wold • Wold Real Estate
Mls Name: SWLAR
Mls ID: #SWL25101982