213 Hidden Meadows DrLafayetteLA70506
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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
Rental property for sale in Lafayette at 213 Hidden Meadows Dr, Lafayette, LA, 70506 priced at $268,555 pairs $2,034/mo rent with $371/mo cash flow after a $1,314/mo payment. Total monthly income equals $2,034/mo, and annual cash flow comes to $4,450/yr on $89,026 invested. Return on cash invested is 24.91% in year one, and rental yield stands at 9.09% on a $268,555 basis. Equity gained on principal adds $1,733/yr, and 5% annual appreciation accumulates to $74,197 by year five. Five-year ROI measures 129.65% and total cumulative return in cash reaches $115,419. For financing, Ziffy Mortgage’s DSCR program evaluates $2,034/mo property income against a $1,314/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
8,165 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70506, Lafayette, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,115 (100%) |
| Owner Occupied HU | 9,649 (45.7%) |
| Renter Occupied HU | 9,076 (43.0%) |
| Vacant Housing Units | 2,390 (11.3%) |
| Median Home Value | $245,556 |
| Average Home Value | $281,646 |
Housing Distribution
Address Breakdown
Residential
19,861
Single Family
14,582
Multi-Family
5,279
Businesses
1,547
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