102 Granada Dr, Lafayette, LA, 70506 | $687/mo Cash Flow

Off market

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 102 Granada Dr, Lafayette, LA, 70506 with 5% annual appreciation on a $207,800 basis while $1,991/mo rent supports operations. Total monthly income totals $1,991/mo and a $1,017/mo payment preserves $687/mo for cash returns. Annual cash flow comes to $8,243/yr on $68,886 deployed, and return on cash invested reaches 31.87% in year one. Equity gained on principal adds $1,341/yr, and five-year appreciation sums $57,411 alongside rental yield of 11.5%. Five-year ROI measures 167.12% and total cumulative return in cash totals $115,125.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,991/mo property income versus a $1,017/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1974

7,919 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