104 Western LnLafayetteLA70507
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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
Rental property for sale in Lafayette at 104 Western Ln, Lafayette, LA, 70507 generates $3,331/mo in rent, after a $3,008/mo payment. Total monthly income is $3,331/mo. Return on cash invested sits at 17.24% in year one, and rental yield is 6.5% on a $614,500 entry. Equity gained on principal adds $3,965/yr, while 5% annual appreciation builds toward $169,775 over five years. Five-year ROI reaches 88.5% and total cumulative return in cash sums $178,912. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,331/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70507, Lafayette, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,704 (100%) |
| Owner Occupied HU | 5,364 (61.6%) |
| Renter Occupied HU | 2,357 (27.1%) |
| Vacant Housing Units | 983 (11.3%) |
| Median Home Value | $222,659 |
| Average Home Value | $265,455 |
Housing Distribution
Address Breakdown
Residential
8,226
Single Family
7,213
Multi-Family
1,013
Businesses
481
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