100 Shumard DrLafayetteLA70508
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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
Rental property for sale in Lafayette at 100 Shumard Dr, Lafayette, LA, 70508 generates $2,698/mo in rent and, after a $1,623/mo payment, leaves $573/mo in cash flow. Total monthly income is $2,698/mo, and annual cash flow is $6,880/yr on $109,892 invested. Return on cash invested sits at 26.17% in year one, and rental yield is 9.77% on a $331,500 entry. Equity gained on principal adds $2,139/yr, while 5% annual appreciation builds toward $91,587 over five years. Five-year ROI reaches 136.72% and total cumulative return in cash sums $150,242. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,698/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
7,021 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70508, Lafayette, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,424 (100%) |
| Owner Occupied HU | 12,199 (56.9%) |
| Renter Occupied HU | 6,462 (30.2%) |
| Vacant Housing Units | 2,763 (12.9%) |
| Median Home Value | $314,945 |
| Average Home Value | $394,583 |
Housing Distribution
Address Breakdown
Residential
19,734
Single Family
14,377
Multi-Family
5,357
Businesses
2,533
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Listed by: Claire Gary • Real Broker, LLC
Mls Name: RAA
Mls Provider:
Mls ID: #2020021345
Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the REALTOR Association of Acadiana MLS. IDX information is provided exclusively for consumers' 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 deemed reliable, but not guaranteed accurate. Data last updated 2025-09-21 12:12:15 PDT