113 Fred StLafayetteLA70501
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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
Rental property for sale in Lafayette at 113 Fred St, Lafayette, LA, 70501 offers $782/mo rent that, after a $489/mo payment, leaves $163/mo cash flow. Total monthly income is $782/mo, and annual cash flow is $1,956/yr on $33,150 cash. Return on cash invested measures 25.81% in year one, and rental yield stands at 9.38% at a $100,000 entry. Equity gained on principal adds $645/yr while 5% annual appreciation compounds into $27,628 by year five. Five-year ROI records 134.46% and total cumulative return in cash reaches $44,572. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $782/mo property income versus a $489/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
6,098 sqft lot
$N/A/sqft
No HOA
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Listed by: Jennifer Lambert • Keller Williams Realty Acadiana
Mls Name: RAA
Mls Provider:
Mls ID: #2020024120
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 2025-05-26 11:52:29 PDT