110 Old Pottery BndLafayetteLA70508
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Nearby investment properties with comparable prices
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 110 Old Pottery Bnd, Lafayette, LA, 70508 at $549,900 posts ROI 22.28% with $335/mo cash flow from $3,791/mo rent. Total monthly income equals $3,791/mo, and annual cash flow records $4,022/yr on $180,917 to close. Return on cash invested measures 22.28% and rental yield reads 8.27% at the current $549,900. Equity gained on principal adds $3,548/yr, and 5% annual appreciation supports $151,927 by year five. Five-year ROI prints 115.69% and total cumulative return in cash totals $209,294.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,791/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
N/A lot
$N/A/sqft
$600 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: Wendy McCombie • Latter & Blum Compass
Mls Name: RAA
Mls Provider:
Mls ID: #24001827
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