132 E Gilman Rd,Lafayette,LA,70501

Investment Highlights

Rental property for sale in Lafayette at 132 E Gilman Rd, Lafayette, LA, 70501 offers $1,088/mo rent that, after a $685/mo payment, leaves $221/mo cash flow. Total monthly income is $1,088/mo, and annual cash flow is $2,652/yr on $46,410 cash. Return on cash invested measures 25.62% in year one, and rental yield stands at 9.33% at a $139,999 entry. Equity gained on principal adds $903/yr while 5% annual appreciation compounds into $38,679 by year five. Five-year ROI records 133.47% and total cumulative return in cash reaches $61,942. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,088/mo property income versus a $685/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.