129 Earline DrLafayetteLA70506
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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
Rental property for sale in Lafayette at 129 Earline Dr, Lafayette, LA, 70506 priced at $172,500 converts $1,649/mo rent into $581/mo cash flow after a $844/mo obligation. Total monthly income equals $1,649/mo, and annual cash flow totals $6,969/yr on $57,184 invested. Return on cash invested prints 32.1% in year one, and rental yield reads 11.47% against a $172,500 entry. Equity gained on principal adds $1,113/yr, while 5% annual appreciation compiles into $47,659 by year five. Five-year ROI reaches 168.2% and total cumulative return in cash sums $96,182. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,649/mo property income covering a $844/mo payment, not borrower’s personal income.
Single Family
Built in 1992
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70506, Lafayette, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,115 (100%) |
| Owner Occupied HU | 9,649 (45.7%) |
| Renter Occupied HU | 9,076 (43.0%) |
| Vacant Housing Units | 2,390 (11.3%) |
| Median Home Value | $245,556 |
| Average Home Value | $281,646 |
Housing Distribution
Address Breakdown
Residential
19,861
Single Family
14,582
Multi-Family
5,279
Businesses
1,547
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