109 Ragin Lofts Aly #109LafayetteLA70506
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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 109 Ragin Lofts Aly #109, Lafayette, LA, 70506 listed at $189,999 pairs $1,368/mo rent with a $930/mo payment to leave $166/mo cash flow. Total monthly income runs $1,368/mo, and annual cash flow reaches $1,992/yr on $62,985 cash to close. Return on cash invested measures 23.07% in year one, and rental yield registers 8.64% at a $189,999 basis. Equity gained on principal adds $1,226/yr, and annual property appreciation at 5% supports $52,493 by year five. Five-year ROI tracks 119.97% and total cumulative return in cash totals $75,564. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,368/mo property income relative to a $930/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2019
N/A lot
$N/A/sqft
$25 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70506, Lafayette, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,115 (100%) |
| Owner Occupied HU | 9,649 (45.7%) |
| Renter Occupied HU | 9,076 (43.0%) |
| Vacant Housing Units | 2,390 (11.3%) |
| Median Home Value | $245,556 |
| Average Home Value | $281,646 |
Housing Distribution
Address Breakdown
Residential
19,861
Single Family
14,582
Multi-Family
5,279
Businesses
1,547
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