114 Canterbury RdLafayetteLA70503
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
Investment Highlights
Total monthly income runs $4,649/mo, and a $3,426/mo payment. Purchase price stands at $700,000, and rental yield measures 7.97% with $4,649/mo rent. Return on cash invested shows 19.96% in year one, and 5% annual appreciation builds toward $193,397 over five years. Five-year ROI reaches 103.74% and total cumulative return in cash records $238,912. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,649/mo property income covering a $3,426/mo payment rather than investor’s personal income.
Single Family
Built in 1970
0.64 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Arla Slaughter • Latter & Blum Compass
Mls Name: RAA
Mls Provider:
Mls ID: #2500000219
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 2025-06-17 12:15:33 PDT