112 Lake Oak DrLafayetteLA70507
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 112 Lake Oak Dr, Lafayette, LA, 70507 in Lafayette hard to pass up. The 10.7% gross yield on a $235,500 purchase results in $2,100/mo in rent and $598/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (1.98). Annual cash flow of $7,178, five-year appreciation of $65,064, and $2,169/yr in equity build-up combine for a projected total cumulative return of $127,996.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 5.2% |
| Monthly Cash Flow | $598 | $1,850 |
City averages based on Lafayette market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,100 |
| Total Monthly Debt Service | $1,408 |
| DSCR Ratio | 1.49x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
6,098 sqft lot
$N/A/sqft
$520 annually 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 |
Housing Distribution
Address Breakdown
Residential
8,226
Single Family
7,213
Multi-Family
1,013
Businesses
481
Nearby investment properties with comparable rents
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
Single Family
Built in N/A
6,098 sqft lot
$N/A/sqft
$520 annually 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 |
Housing Distribution
Address Breakdown
Residential
8,226
Single Family
7,213
Multi-Family
1,013
Businesses
481
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cassidy Kondert • D.R. Horton Realty of LA, LLC
Mls Name: RAA
Mls Provider:
Mls ID: #2600002508
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 2026-03-29 11:32:18 PDT