212 S Sterling StLafayetteLA70501
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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 212 S Sterling St, Lafayette, LA, 70501 with 5% annual appreciation on a $129,000 basis while $1,103/mo rent supports operations. Total monthly income totals $1,103/mo and a $631/mo payment preserves $302/mo for cash returns. Annual cash flow comes to $3,619/yr on $42,764 deployed, and return on cash invested reaches 28.37% in year one. Equity gained on principal adds $832/yr, and five-year appreciation sums $35,640 alongside rental yield of 10.26%. Five-year ROI measures 148.33% and total cumulative return in cash totals $63,433.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,103/mo property income versus a $631/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in N/A
6,250 sqft lot
$N/A/sqft
No HOA
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Listed by: Victoria Hargroder Emrick • Hargroder Real Estate Group
Mls Name: RAA
Mls Provider:
Mls ID: #23007295
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