201 Cougar Rdg APT 2LafayetteLA70508
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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 201 Cougar Rdg APT 2, Lafayette, LA, 70508 listed at $104,500 pairs $1,282/mo rent with a $511/mo payment to leave $635/mo cash flow. Total monthly income runs $1,282/mo, and annual cash flow reaches $7,622/yr on $34,642 cash to close. Return on cash invested measures 41.91% in year one, and rental yield registers 14.72% at a $104,500 basis. Equity gained on principal adds $674/yr, and annual property appreciation at 5% supports $28,871 by year five. Five-year ROI tracks 220.94% and total cumulative return in cash totals $76,537. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,282/mo property income relative to a $511/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in N/A
1,306 sqft lot
$N/A/sqft
No 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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