110 W Bayou Pkwy APT 101,Lafayette,LA,70503

Investment Highlights

Investment property for sale in Lafayette at 110 W Bayou Pkwy APT 101, Lafayette, LA, 70503 offers a 9.19% rental yield on a $159,000 purchase with $1,218/mo rent. Total monthly income registers $1,218/mo, and a $778/mo payment leaves $233/mo available for distribution. Annual cash flow reaches $2,800/yr on $52,709 to close, and return on cash invested stands at 25.22% in year one. Equity gained on principal adds $1,026/yr while 5% annual appreciation supports $43,929 over five years. Portfolio math shows five-year ROI at 131.41% and total cumulative return in cash at $69,264. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,218/mo property income against a $778/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.