177 Emerite Dr, Lafayette, LA, 70506 | $63/mo Cash Flow

For Sale

Motivated Seller

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1018 sft

137 Antigua Dr, Lafayette, LA, 70503

5 Bed
4 Bath
1985 sft

1108 Louisiana Ave, Lafayette, LA, 70501

3 Bed
2 Bath
1268 sft

404 Senior Aly, Abbeville, LA, 70510

3 Bed
2 Bath
1408 sft

102 Indest St, New Iberia, LA, 70563

Nearby investment properties with comparable prices

3 Bed
2 Bath
1427 sft

121 Ollie Dr, Abbeville, LA, 70510

2 Bed
2 Bath
1323 sft

215 Celeste St, Abbeville, LA, 70510

2 Bed
2 Bath
1256 sft

300 Rue Chartres, Lafayette, LA, 70508

3 Bed
2 Bath
1414 sft

145 Allister Rd, Maurice, LA, 70555

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Lafayette at 177 Emerite Dr, Lafayette, LA, 70506 at $200,014 posts ROI 21.04% with $63/mo cash flow from $1,347/mo rent. Total monthly income equals $1,347/mo, and annual cash flow records $752/yr on $66,305 to close. Return on cash invested measures 21.04% and rental yield reads 8.08% at the current $200,014. Equity gained on principal adds $1,291/yr, and 5% annual appreciation supports $55,260 by year five. Five-year ROI prints 109.24% and total cumulative return in cash totals $72,432.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,347/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1954

0.40 Acres 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