106 Deraney LnLafayetteLA70503
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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
Investment property for sale in Lafayette at 106 Deraney Ln, Lafayette, LA, 70503 at $223,900 posts ROI 27.34% with $459/mo cash flow from $1,927/mo rent. Total monthly income equals $1,927/mo, and annual cash flow records $5,513/yr on $74,223 to close. Return on cash invested measures 27.34% and rental yield reads 10.33% at the current $223,900. Equity gained on principal adds $1,445/yr, and 5% annual appreciation supports $61,859 by year five. Five-year ROI prints 143.16% and total cumulative return in cash totals $106,260.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,927/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in N/A
N/A lot
$N/A/sqft
$380 annually HOA
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Nearby investment properties with comparable prices
Listed by: Alisha B Deville • Latter & Blum Compass
Mls Name: RAA
Mls Provider:
Mls ID: #25000199
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