102 Ace LnLafayetteLA70506
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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
Investment property for sale in Lafayette at 102 Ace Ln, Lafayette, LA, 70506 uses $99,119 cash to close to unlock $10,468/yr annual cash flow and $872/mo monthly cash flow. Total monthly income runs $2,724/mo, and a $1,463/mo payment keeps the spread at $872/mo. Purchase price stands at $299,000, and rental yield measures 10.93% with $2,724/mo rent. Return on cash invested shows 30.47% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 159.5% and total cumulative return in cash records $158,098. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,724/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Single Family
Built in 2016
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70506, Lafayette, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,115 (100%) |
| Owner Occupied HU | 9,649 (45.7%) |
| Renter Occupied HU | 9,076 (43.0%) |
| Vacant Housing Units | 2,390 (11.3%) |
| Median Home Value | $245,556 |
| Average Home Value | $281,646 |
Housing Distribution
Address Breakdown
Residential
19,861
Single Family
14,582
Multi-Family
5,279
Businesses
1,547
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