825 Central PkwyLake 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 825 Central Pkwy, Lake Charles, LA, 70605 at $178,000 posts ROI 28.26% with $411/mo cash flow from $1,513/mo rent. Total monthly income equals $1,513/mo, and annual cash flow records $4,927/yr on $59,007 to close. Return on cash invested measures 28.26% and rental yield reads 10.2% at the current $178,000. Equity gained on principal adds $1,149/yr, and 5% annual appreciation supports $49,178 by year five. Five-year ROI prints 147.64% and total cumulative return in cash totals $87,121.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,513/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1980
0.25 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: ERIN ALLEN • eXp Realty, LLC
Mls Name: SWLAR
Mls ID: #SWL25101503