2112 Carmel DrLafayetteLA70501
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 2112 Carmel Dr, Lafayette, LA, 70501 in Lafayette hard to pass up. The 11.68% gross yield on a $135,000 purchase results in $1,460/mo in rent and $531/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.41). Annual cash flow of $6,370, five-year appreciation of $37,298, and $1,243/yr in equity build-up combine for a projected total cumulative return of $91,358.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.7% | 5.2% |
| Monthly Cash Flow | $531 | $1,850 |
City averages based on Lafayette market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,460 |
| Total Monthly Debt Service | $783 |
| DSCR Ratio | 1.87x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
6,969 sqft lot
$N/A/sqft
No HOA
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
Single Family
Built in N/A
6,969 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices