105 Silver Creek CirLafayetteLA70508
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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 105 Silver Creek Cir, Lafayette, LA, 70508 priced at $332,500 pairs $2,268/mo rent with $192/mo cash flow after a $1,627/mo payment. Total monthly income equals $2,268/mo, and annual cash flow comes to $2,305/yr on $110,224 invested. Return on cash invested is 22% in year one, and rental yield stands at 8.19% on a $332,500 basis. Equity gained on principal adds $2,146/yr, and 5% annual appreciation accumulates to $91,864 by year five. Five-year ROI measures 114.17% and total cumulative return in cash reaches $125,848. For financing, Ziffy Mortgage’s DSCR program evaluates $2,268/mo property income against a $1,627/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1993
8,276 sqft lot
$N/A/sqft
$100 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70508, Lafayette, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,424 (100%) |
| Owner Occupied HU | 12,199 (56.9%) |
| Renter Occupied HU | 6,462 (30.2%) |
| Vacant Housing Units | 2,763 (12.9%) |
| Median Home Value | $314,945 |
| Average Home Value | $394,583 |
Housing Distribution
Address Breakdown
Residential
19,734
Single Family
14,377
Multi-Family
5,357
Businesses
2,533
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Listed by: Kyle Cullen-Nevils • CALL THE KELONES REALTY
Mls Name: GCLRA
Mls Provider:
Mls ID: #2478572
Disclaimer: IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.