711 Ford StLake CharlesLA70601
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 711 Ford St, Lake Charles, LA, 70601 with 5% annual appreciation on a $180,000 basis while $1,592/mo rent supports operations. Total monthly income totals $1,592/mo and a $881/mo payment preserves $477/mo for cash returns. Annual cash flow comes to $5,724/yr on $59,670 deployed, and return on cash invested reaches 29.5% in year one. Equity gained on principal adds $1,162/yr, and five-year appreciation sums $49,731 alongside rental yield of 10.61%. Five-year ROI measures 154.28% and total cumulative return in cash totals $92,057.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,592/mo property income versus a $881/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1942
6,098 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Larry G Turner • CENTURY 21 Bessette Flavin
Mls Name: SWLAR
Mls ID: #SWL25101891