104 Whittington Dr #N,Lafayette,LA,70503

Investment Highlights

Investment property for sale in Lafayette at 104 Whittington Dr #N, Lafayette, LA, 70503 offers a 8.1% rental yield on a $249,500 purchase with $1,685/mo rent. Total monthly income registers $1,685/mo, and a $1,221/mo payment leaves $140/mo available for distribution. Annual cash flow reaches $1,676/yr on $82,709 to close, and return on cash invested stands at 21.94% in year one. Equity gained on principal adds $1,610/yr while 5% annual appreciation supports $68,932 over five years. Portfolio math shows five-year ROI at 113.73% and total cumulative return in cash at $94,065. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,685/mo property income against a $1,221/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.