109 Wickham St, Lafayette, LA, 70507 | $661/mo Cash Flow

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Lafayette at 109 Wickham St, Lafayette, LA, 70507 listed at $232,355 pairs $2,100/mo rent with a $1,137/mo payment to leave $661/mo cash flow. Total monthly income runs $2,100/mo, and annual cash flow reaches $7,931/yr on $77,026 cash to close. Return on cash invested measures 30.21% in year one, and rental yield registers 10.85% at a $232,355 basis. Equity gained on principal adds $1,499/yr, and annual property appreciation at 5% supports $64,195 by year five. Five-year ROI tracks 158.07% and total cumulative return in cash totals $121,754. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,100/mo property income relative to a $1,137/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2025

4,791 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 70507, Lafayette, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,704 (100%)
Owner Occupied HU	5,364 (61.6%)
Renter Occupied HU	2,357 (27.1%)
Vacant Housing Units	983 (11.3%)
Median Home Value	$222,659
Average Home Value	$265,455