104 Eva 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
Investment property for sale in Lafayette at 104 Eva Dr, Lafayette, LA, 70508 earns $322/mo cash flow from $2,113/mo rent with a $1,415/mo payment. Total monthly income totals $2,113/mo, and annual cash flow totals $3,868/yr on $95,804 capital. ROI tracks 23.95% on current figures, and rental yield reads 8.77% at a $289,000 purchase. Equity gained on principal adds $1,865/yr, and 5% annual appreciation supports $79,845 over five years. Five-year ROI reaches 124.53% and total cumulative return in cash sums $119,306. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,113/mo property income instead of your personal income.
Single Family
Built in N/A
0.25 Acres 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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