105 Barracks StLafayetteLA70529
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 105 Barracks St, Lafayette, LA, 70529 priced at $135,000 pairs $971/mo rent with $104/mo cash flow after a $661/mo payment. Total monthly income equals $971/mo, and annual cash flow comes to $1,247/yr on $44,753 invested. Return on cash invested is 22.69% in year one, and rental yield stands at 8.63% on a $135,000 basis. Equity gained on principal adds $871/yr, and 5% annual appreciation accumulates to $37,298 by year five. Five-year ROI measures 118.09% and total cumulative return in cash reaches $52,849. For financing, Ziffy Mortgage’s DSCR program evaluates $971/mo property income against a $661/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in N/A
8,250 sqft lot
$N/A/sqft
$25 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70529, Duson, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,650 (100%) |
| Owner Occupied HU | 3,967 (70.2%) |
| Renter Occupied HU | 1,044 (18.5%) |
| Vacant Housing Units | 639 (11.3%) |
| Median Home Value | $238,225 |
| Average Home Value | $273,742 |
Housing Distribution
Address Breakdown
Residential
4,628
Single Family
4,401
Multi-Family
227
Businesses
177
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Listed by: Candy Yang • Candy Realty
Mls Name: RAA
Mls Provider:
Mls ID: #24008745
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 2024-02-12 10:51:22 PST