1000 E Simcoe St, Lafayette, LA, 70501 | 3.72% Rental Yield

For Sale

Currently Rented

Rental Income

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Lafayette at 1000 E Simcoe St, Lafayette, LA, 70501 listed at $320,000 pairs $991/mo rent with a $1,566/mo payment. Total monthly income runs $991/mo. Return on cash invested measures 8.7% in year one, and rental yield registers 3.72% at a $320,000 basis. Equity gained on principal adds $2,065/yr, and annual property appreciation at 5% supports $88,410 by year five. Five-year ROI tracks 42.73% and total cumulative return in cash totals $45,327. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $991/mo property income relative to a $1,566/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Multi Family

Built in N/A

N/A lot

$N/A/sqft

No HOA