107 Denier DrLafayetteLA70508
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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 107 Denier Dr, Lafayette, LA, 70508 priced at $182,000 converts $1,618/mo rent into $459/mo cash flow after a $891/mo obligation. Total monthly income equals $1,618/mo, and annual cash flow totals $5,503/yr on $60,333 invested. Return on cash invested prints 29.03% in year one, and rental yield reads 10.67% against a $182,000 entry. Equity gained on principal adds $1,174/yr, while 5% annual appreciation compiles into $50,283 by year five. Five-year ROI reaches 152.03% and total cumulative return in cash sums $91,725. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,618/mo property income covering a $891/mo payment, not borrower’s personal income.
Single Family
Built in 1980
3,484 sqft lot
$N/A/sqft
No 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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