1402 Jefferson St UNIT 102, Lafayette, LA, 70501 | $511/mo Cash Flow

For Sale

Currently Rented

Rental Income

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 1402 Jefferson St UNIT 102, Lafayette, LA, 70501 uses $49,062 cash to close to unlock $6,127/yr annual cash flow and $511/mo monthly cash flow. Total monthly income runs $1,427/mo, and a $724/mo payment keeps the spread at $511/mo. Purchase price stands at $148,000, and rental yield measures 11.57% with $1,427/mo rent. Return on cash invested shows 32.4% in year one, and 5% annual appreciation builds toward $40,890 over five years. Five-year ROI reaches 169.87% and total cumulative return in cash records $83,342. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,427/mo property income covering a $724/mo payment rather than investor’s personal income.

Condo

Built in N/A

N/A lot

$N/A/sqft

No HOA