104 Fig StLafayetteLA70506
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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 Fig St, Lafayette, LA, 70506 offers a 10.82% rental yield on a $199,999 purchase with $1,803/mo rent. Total monthly income registers $1,803/mo, and a $979/mo payment leaves $541/mo available for distribution. Annual cash flow reaches $6,493/yr on $66,300 to close, and return on cash invested stands at 29.7% in year one. Equity gained on principal adds $1,291/yr while 5% annual appreciation supports $55,256 over five years. Portfolio math shows five-year ROI at 155.58% and total cumulative return in cash at $103,148. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,803/mo property income against a $979/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
4,791 sqft lot
$N/A/sqft
$275 annually 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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Listed by: Brandon Landry • EXP Realty, LLC
Mls Name: RAA
Mls Provider:
Mls ID: #2020021481
Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the REALTOR Association of Acadiana MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable, but not guaranteed accurate. Data last updated 2025-03-16 12:11:54 PDT