206 Winthorpe RowLafayetteLA70503
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 206 Winthorpe Row, Lafayette, LA, 70503 priced at $950,000 converts $5,380/mo rent into after a $4,650/mo obligation. Total monthly income equals $5,380/mo. Return on cash invested prints 17.36% in year one, and rental yield reads 6.8% against a $950,000 entry. Equity gained on principal adds $6,130/yr, while 5% annual appreciation compiles into $262,467 by year five. Five-year ROI reaches 89.4% and total cumulative return in cash sums $279,422. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,380/mo property income covering a $4,650/mo payment, not borrower’s personal income.
Single Family
Built in 2016
0.27 Acres lot
$N/A/sqft
$500 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Emily Babineaux • Keaty Real Estate Team
Mls Name: RAA
Mls Provider:
Mls ID: #24005671
Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the REALTOR Association of Acadiana MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable, but not guaranteed accurate. Data last updated 2024-02-12 10:51:22 PST