105 Merlot Dr,Lafayette,LA,70503

Investment Highlights

Investment property for sale in Lafayette at 105 Merlot Dr, Lafayette, LA, 70503 offers a 8.81% rental yield on a $459,900 purchase with $3,376/mo rent. Total monthly income registers $3,376/mo, and a $2,251/mo payment leaves $527/mo available for distribution. Annual cash flow reaches $6,326/yr on $152,457 to close, and return on cash invested stands at 24.06% in year one. Equity gained on principal adds $2,968/yr while 5% annual appreciation supports $127,062 over five years. Portfolio math shows five-year ROI at 125.11% and total cumulative return in cash at $190,746. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,376/mo property income against a $2,251/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.