126 Gable Crest DrLafayetteLA70508
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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 126 Gable Crest Dr, Lafayette, LA, 70508 uses $89,174 cash to close to unlock $6,144/yr annual cash flow and $512/mo monthly cash flow. Total monthly income runs $2,245/mo, and a $1,317/mo payment keeps the spread at $512/mo. Purchase price stands at $269,000, and rental yield measures 10.01% with $2,245/mo rent. Return on cash invested shows 26.8% in year one, and 5% annual appreciation builds toward $74,320 over five years. Five-year ROI reaches 140.11% and total cumulative return in cash records $124,943. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,245/mo property income covering a $1,317/mo payment rather than investor’s personal income.
Single Family
Built in N/A
5,758 sqft lot
$N/A/sqft
$360 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70508, Lafayette, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,424 (100%) |
| Owner Occupied HU | 12,199 (56.9%) |
| Renter Occupied HU | 6,462 (30.2%) |
| Vacant Housing Units | 2,763 (12.9%) |
| Median Home Value | $314,945 |
| Average Home Value | $394,583 |
Housing Distribution
Address Breakdown
Residential
19,734
Single Family
14,377
Multi-Family
5,357
Businesses
2,533
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Listed by: Matt Andrus • Dwight Andrus Real Estate Agency, LLC
Mls Name: RAA
Mls Provider:
Mls ID: #2500001052
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 2025-07-11 11:57:21 PDT