118 Wedgewood Dr, Lafayette, LA, 70503 | $590/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 118 Wedgewood Dr, Lafayette, LA, 70503 at $199,000 posts ROI 30.65% with $590/mo cash flow from $1,823/mo rent. Total monthly income equals $1,823/mo, and annual cash flow records $7,084/yr on $65,969 to close. Return on cash invested measures 30.65% and rental yield reads 10.99% at the current $199,000. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 by year five. Five-year ROI prints 160.49% and total cumulative return in cash totals $105,870.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,823/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in N/A

7,840 sqft lot

$N/A/sqft

No HOA