212 W Garfield StLafayetteLA70501
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
Investment property for sale in Lafayette at 212 W Garfield St, Lafayette, LA, 70501 at $215,000 posts ROI 23.01% with $184/mo cash flow from $1,549/mo rent. Total monthly income equals $1,549/mo, and annual cash flow records $2,210/yr on $71,273 to close. Return on cash invested measures 23.01% and rental yield reads 8.65% at the current $215,000. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 by year five. Five-year ROI prints 119.73% and total cumulative return in cash totals $85,333.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,549/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
4,199 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Eliana Ashkar • Latter & Blum Compass
Mls Name: RAA
Mls Provider:
Mls ID: #24011214
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