748 Lakewood Pointe Dr · Lake Charles, LA
Flood risk No data
- FEMA flood zone
- —
- Chance of flooding over 30 yrs
- —
- Est. flood insurance / yr
- —
Fire risk No data
- Est. fire insurance / yr
- —
Heat risk No data
- Hot days now (above threshold)
- —
- Hot days in 30 yrs
- —
Wind risk No data
- Chance of severe wind over 30 yrs
- —
Air-quality risk No data
- Unhealthy air days now
- —
- Unhealthy air days in 30 yrs
- —
Risk factors via First Street. Map © Google.
Why this score? — see what drove the B- grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +24.0/30.0
- ARV discount +10.3/15.0
- DSCR +7.7/10.0
- 1% rule +6.3/10.0
- Rent growth +5.0/5.0
- Schools +4.3/10.0
- Condition / age +4.0/5.0
- Livability +3.4/5.0
- Appreciation +0.0/10.0
$302,500
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
New Construction by JC Homes in Lakewood Pointe! Breaking ground soon on this beautifully designed 4-bedroom, 2-bath modern farmhouse-style home in one of South Lake Charles' most desirable and fast-growing neighborhoods. Offering 1,967 sq ft of living space, this home features luxury vinyl plank flooring, ceramic tile in wet areas, crown molding, and timeless neutral finishes throughout. The open floor plan includes a spacious living area with a beamed ceiling, oversized kitchen island, and large dining space--perfect for everyday living and entertaining. The private primary suite features its own beamed ceiling, soaking tub, walk-in shower, and dual vanities. Located outside of a flood zone, this home also includes a charming front porch, stainless steel appliance package (excluding refrigerator), and a one-year builder's warranty. Photos are from 753 Lakewood Pointe and reflect a similar floor plan and finish style.
Key facts
- Open floor plan
- Spacious living area
- Crown molding
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4-bed/2.0-bath single-family listed at $302k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $594 ($7k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($3k rent vs $302k).
- Recommended offer: $266k (12.0% below list) — sets the bar for market timing.
- Cap rate 8.6% vs local median 4.2% in Lake Charles — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 68/100 on livability (#95 in LA) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: crime F, amenities F, employment D-.
- Calcasieu Parish (other): math 30% / reading 44% proficiency, ranked #29 of 98 in LA (top 30%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Zoned schools: A. A. Nelson Elementary School (math 36% / reading 52%, grade F, #191 of 646 statewide, top 30%, 741 students, 55% FRL); F. K. White Middle School (math 26% / reading 39%, grade F, #104 of 218 statewide, top 48%, 661 students, 67% FRL); Alfred M. Barbe High School (math 41% / reading 56%, grade D, #41 of 265 statewide, top 16%, 1,991 students, 41% FRL) — zoned schools at 54% FRL track the district average.
- Market conditions: Rents rising fast (+15.1%/yr); 544 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals lingering (median 70d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 1,298 units permitted in Calcasieu Parish in 2024 (526 in 5+ unit buildings).
- At $3,429/mo this rent would consume 48% of the median local household income ($86k/yr) (locally 17% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.
- Calcasieu County population projected at +11% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
- At projected returns (-3.0% appreciation + 8.0% rent growth), your $85k cash investment doubles in ~8 years — after that, you're playing with house money.
Negotiation context
- It's been on market 309 days — a 12% lower offer ($266k) is reasonable based on typical stale-listing flexibility.
Questions for the listing agent
- It's been on market 309 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
- Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 1.13% ✓
- Cap rate
- 8.65%
- Cash-on-cash
- 8.41%
- DSCR
- 1.37
- GRM
- 7.4
CMA / ARV
- ARV (median comp)
- $322,370
- List price
- $302,500
- Delta
- -6.16%
- Verdict
- FAIR
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 750 Lionel Ln | 0.08mi | 3/2.0 (-1) | 1,925 (-2%) | 1mo | $300,000 | $156 | 87 |
| 820 Lakeridge Ln | 0.19mi | 3/2.0 (-1) | 1,890 (-4%) | 7mo | $245,000 | $130 | 74 |
| 1060 Richmond Cir | 0.54mi | 3/2.0 (-1) | 2,033 (+3%) | 1mo | $340,000 | $167 | 63 |
| 1056 Richmond Cir | 0.53mi | 3/2.0 (-1) | 2,038 (+4%) | 2mo | $337,500 | $166 | 62 |
| 1539 Tuscany Ln | 0.68mi | 3/2.0 (-1) | 1,940 (-1%) | 3mo | $345,000 | $178 | 58 |
| 450 Greenway St | 0.48mi | 4/3.0 | 1,827 (-7%) | 6mo | $215,000 | $118 | 57 |
| 401 Montclair St | 0.47mi | 4/2.0 | 1,760 (-10%) | 6mo | $263,000 | $149 | 56 |
| 1550 Lacadie Dr #14 | 0.69mi | 3/2.5 (-1) | 1,947 (-1%) | 6mo | $227,500 | $117 | 54 |
| 1108 Lakeridge Ln | 0.49mi | 3/3.0 (-1) | 1,814 (-8%) | 4mo | $235,000 | $130 | 52 |
| 909 Aberdeen | 0.63mi | 3/2.0 (-1) | 2,100 (+7%) | 4mo | $325,000 | $155 | 51 |
| 1534 Tuscany Dr | 0.67mi | 3/2.0 (-1) | 2,152 (+9%) | 2mo | $338,000 | $157 | 46 |
| 1023 N Worthington Dr Dr N | 0.51mi | 4/3.0 | 2,254 (+15%) | 3mo | $420,000 | $186 | 46 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 8.0% rent growth · sell at horizon
- IRR
- 2.0%
- Equity multiple
- 1.08×
- Total profit
- $6,988
- Equity at exit
- $45,104
- IRR
- 16.1%
- Equity multiple
- 2.62×
- Total profit
- $137,540
- Equity at exit
- $26,155
Cash invested: $84,700 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 90 Strongly Landlord-Friendly
- State Louisiana
- 90 Strongly Landlord-Friendly · R+12
- County
- — inherits STATE
- City
- — inherits STATE
Active competition Active MLS
- For sale now
- 13 active · 29 under contract
- Months of supply
- 3.4 mo (29%/mo absorbed)
- Median asking
- $245,000 ($131/sqft)
- Median days on market
- 79 d
- This list price
- 77% of active listings are priced below it
- ARV vs active asking
- +25.5% above current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 70605
- Rents YoY
- 15.1%
- Active inventory
- 544
- Price-to-rent
- 7.4×
Monthly cashflow live
- Estimated rent
- $3,429 medium interval (Pro) →
- Mortgage (P&I)
- −$1,586
- Tax est. 1.5%
- −$378 /mo · $4,538/yr
- Insurance
- −$126
- HOA
- −$25
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$720
- Net cashflow
- $594
Break-even live
Sensitivity live
| Price | -10% $803 | -5% $698 | +0% $594 | +5% $489 | +10% $385 |
|---|---|---|---|---|---|
| Rent | -10% $323 | -5% $458 | +0% $594 | +5% $729 | +10% $865 |
| Rate | -1.0pp $746 | -0.5pp $671 | base $594 | +0.5pp $515 | +1.0pp $436 |
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $75,625
- Closing costs
- $9,075
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 3 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 716 Dianne Ln Lake Charles, LA | 3.0 | 2.0 | 2200 | $5,000 | $2.27 | 93d | 1 | 0.19mi |
| 155 Heather St Lake Charles, LA | 3.0 | 2.0 | 1316 | $1,650 | $1.25 | 62d | 1 | 0.53mi |
| 4326 Christina St Lake Charles, LA | 3.0 | 2.0 | 1600 | $1,770 | $1.11 | 70d | 1 | 1.41mi |
Listing history 11 events
-
2026-06-10days on market $302,500 Active 309 DOM
-
2026-06-09days on market $302,500 Active 308 DOM
-
2026-06-08days on market $302,500 Active 307 DOM
-
2026-06-07days on market $302,500 Active 306 DOM
-
2026-06-05days on market $302,500 Active 303 DOM
-
2026-06-02days on market $302,500 Active 301 DOM
-
2026-06-01days on market $302,500 Active 300 DOM
-
2026-05-31days on market $302,500 Active 299 DOM
-
2026-05-30days on market $302,500 Active 298 DOM
-
2026-02-24price $302,500 932-char remark
Show marketing remark (932 chars)
New Construction by JC Homes in Lakewood Pointe! Breaking ground soon on this beautifully designed 4-bedroom, 2-bath modern farmhouse-style home in one of South Lake Charles' most desirable and fast-growing neighborhoods. Offering 1,967 sq ft of living space, this home features luxury vinyl plank flooring, ceramic tile in wet areas, crown molding, and timeless neutral finishes throughout. The open floor plan includes a spacious living area with a beamed ceiling, oversized kitchen island, and large dining space--perfect for everyday living and entertaining. The private primary suite features its own beamed ceiling, soaking tub, walk-in shower, and dual vanities. Located outside of a flood zone, this home also includes a charming front porch, stainless steel appliance package (excluding refrigerator), and a one-year builder's warranty. Photos are from 753 Lakewood Pointe and reflect a similar floor plan and finish style.
-
2025-06-09$299,000 Active 932-char remark
Show marketing remark (932 chars)
New Construction by JC Homes in Lakewood Pointe! Breaking ground soon on this beautifully designed 4-bedroom, 2-bath modern farmhouse-style home in one of South Lake Charles' most desirable and fast-growing neighborhoods. Offering 1,967 sq ft of living space, this home features luxury vinyl plank flooring, ceramic tile in wet areas, crown molding, and timeless neutral finishes throughout. The open floor plan includes a spacious living area with a beamed ceiling, oversized kitchen island, and large dining space--perfect for everyday living and entertaining. The private primary suite features its own beamed ceiling, soaking tub, walk-in shower, and dual vanities. Located outside of a flood zone, this home also includes a charming front porch, stainless steel appliance package (excluding refrigerator), and a one-year builder's warranty. Photos are from 753 Lakewood Pointe and reflect a similar floor plan and finish style.
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
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Taxation est. · year 1
- Rental income
- $41,153
- − Mortgage interest
- −$16,945
- − Property taxes
- −$4,538
- − Insurance
- −$1,512
- − Repairs & maintenance
- −$3,292
- − Management
- −$3,292
- − HOA
- −$300
- − Depreciation
- −$8,800
- Taxable income
- $2,474
- Est. tax owed @ 24.0%
- −$594
- After-tax cash flow
- $6,531/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Condition & rehab AI · 6 photos
This new construction home in Lakewood Pointe is in excellent condition with no visible repairs needed. It offers a good ROI with updates to the landscaping and interior paint to further enhance its value.
Value-add opportunities
- Both Landscaping and curb appeal — Enhances curb appeal and can attract more buyers ↑
- Both Painting interior walls — Fresh paint can make the home more appealing and increase its value ↑
- Both Landscaping and curb appeal — Enhances curb appeal and can attract more buyers ↑
Zoned Schools
Schools (NCES district)
- District
- Calcasieu Parish
- NCES district ID
- 2200330
- Math proficiency
- 30% ▼ -39.00%
- Reading proficiency
- 44% ▼ -33.00%
- Median HH income
- $44,700
- Composite
- 31.45/100
- National rank
- #5979
- State rank
- #29 of 98 in LA
Livability — Lake Charles
- Score
- 68/100
- State rank
- #95
- US rank
- #9820
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Lake Charles, LA
- County
- Calcasieu Parish · 212,179 people
- City population
- 133,538
- Metro
- Lake Charles, LA
- Population (ZIP)
- 40,482
- Household income
- $86,015
- Rent vs Own
- Severe rent burden
- 17% of renters
Population outlook (Calcasieu County) Hauer SSP2
- Today (2025)
- 212,179 people
- By 2030
- 218,199 · +2.8%
- By 2040
- 228,486 · +7.7%
- By 2050
- 236,208 · +11.3%
- By 2075
- 251,696 · +18.6%
- By 2100
- 247,848 · +16.8%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (79%)
- Race & ethnicity
- White 79% Black 10% Hispanic / Latino 6% Two or more races 6% Asian 3%
- Hispanic origin (detail)
- Mexican 2%
- Common ancestry
- Lithuanian 12% Italian 3% Slovak 2%
- Foreign-born
- 6% · Canada, Jamaica
- Languages at home
- 92% English-only · Spanish 4% Other Indo-European 2% Other Asian/Pacific 1%
Political lean MEDSL · Calcasieu
- 2024 margin
- Solid R (+39.6) · D 29.5% · R 69.0% · Other 1.5%
- 2008→2024 swing
- -15.0pp toward R · 2008: -24.6pp · 2024: -39.6pp
- All cycles
- 2024: R+39.6 2020: R+35.2 2016: R+33.3 2012: R+28.7 2008: R+24.6
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -102.68%
- Current HPI
- 105.1903
- Rent YoY
- ▲ 15.10%
- Metro
- Lake Charles, LA
- State GDP YoY
- ▲ 3.29%
- F500 in state
- 10
Industry mix (Fortune 500 HQ in LA)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Telecommunications | 2 | $23B |
|
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| Utilities | 1 | $12B |
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| Wholesale / Distribution | 1 | $5B |
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| Advertising | 1 | $2B |
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Price history
+1.2% since first listed2 events — show timeline
- 2026-02-24 Price Changed $302,500 SWLAR
- 2025-06-09 Listed $299,000 SWLAR
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…