1008 S College Rd, Lafayette, LA, 70503 | $258/mo Cash Flow

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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

Rental property for sale in Lafayette at 1008 S College Rd, Lafayette, LA, 70503 offers $1,039/mo rent that, after a $617/mo payment, leaves $258/mo cash flow. Total monthly income is $1,039/mo, and annual cash flow is $3,098/yr on $41,769 cash. Return on cash invested measures 27.33% in year one, and rental yield stands at 9.9% at a $126,000 entry. Equity gained on principal adds $813/yr while 5% annual appreciation compounds into $34,811 by year five. Five-year ROI records 142.72% and total cumulative return in cash reaches $59,611. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,039/mo property income versus a $617/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Home Type Unknown

Built in N/A

N/A lot

$N/A/sqft

No HOA