1155 Racine Dr, Lafayette, LA, 70501 | $208/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Lafayette at 1155 Racine Dr, Lafayette, LA, 70501 offers a 8.83% rental yield on a $178,500 purchase with $1,314/mo rent. Total monthly income registers $1,314/mo, and a $874/mo payment leaves $208/mo available for distribution. Annual cash flow reaches $2,495/yr on $59,173 to close, and return on cash invested stands at 24.13% in year one. Equity gained on principal adds $1,152/yr while 5% annual appreciation supports $49,316 over five years. Portfolio math shows five-year ROI at 125.47% and total cumulative return in cash at $74,246. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,314/mo property income against a $874/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Multi Family

Built in N/A

6,840 sqft lot

$N/A/sqft

No HOA