116C Jean Baptiste DrLafayetteLA70503
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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
Investment property for sale in Lafayette at 116C Jean Baptiste Dr, Lafayette, LA, 70503 at $1,400,000 posts ROI 9.53% with from $4,713/mo rent. Total monthly income equals $4,713/mo. Return on cash invested measures 9.53% and rental yield reads 4.04% at the current $1,400,000. Equity gained on principal adds $9,034/yr, and 5% annual appreciation supports $386,794 by year five. Five-year ROI prints 47.2% and total cumulative return in cash totals $214,099. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,713/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
1.95 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Diana Greene • Keller Williams Realty Acadiana
Mls Name: RAA
Mls Provider:
Mls ID: #24005113
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 2024-02-12 10:51:22 PST