700 S Perkins Ferry RdLake charlesLA70611
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
Total monthly income runs $2,388/mo, and a $1,957/mo payment. Purchase price stands at $399,900, and rental yield measures 7.17% with $2,388/mo rent. Return on cash invested shows 19.1% in year one, and 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 98.56% and total cumulative return in cash records $130,664. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,388/mo property income covering a $1,957/mo payment rather than investor’s personal income.
Single Family
Built in 1976
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70611, Lake Charles, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,082 (100%) |
| Owner Occupied HU | 6,977 (76.8%) |
| Renter Occupied HU | 1,359 (15.0%) |
| Vacant Housing Units | 746 ( 8.2%) |
| Median Home Value | $292,534 |
| Average Home Value | $325,683 |
Housing Distribution
Address Breakdown
Residential
8,877
Single Family
8,624
Multi-Family
253
Businesses
308
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robbie Ingle • Coldwell Banker Ingle Safari R
Mls Name: Greater Southern MLS
Mls ID: #SWL25002479
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.