214 Debby DrLafayetteLA70503
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 214 Debby Dr, Lafayette, LA, 70503 priced at $199,500 converts $1,700/mo rent into $440/mo cash flow after a $976/mo obligation. Total monthly income equals $1,700/mo, and annual cash flow totals $5,285/yr on $66,134 invested. Return on cash invested prints 27.9% in year one, and rental yield reads 10.23% against a $199,500 entry. Equity gained on principal adds $1,287/yr, while 5% annual appreciation compiles into $55,118 by year five. Five-year ROI reaches 145.9% and total cumulative return in cash sums $96,487. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,700/mo property income covering a $976/mo payment, not borrower’s personal income.
Single Family
Built in 1977
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joan Navarre • Latter & Blum Compass
Mls Name: RAA
Mls Provider:
Mls ID: #24004762
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