216 Highland Dr, Lafayette, LA, 70506 | $849/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Lafayette at 216 Highland Dr, Lafayette, LA, 70506 earns $849/mo cash flow from $2,087/mo rent with a $978/mo payment. Total monthly income totals $2,087/mo, and annual cash flow totals $10,190/yr on $66,267 capital. ROI tracks 35.29% on current figures, and rental yield reads 12.53% at a $199,900 purchase. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 over five years. Five-year ROI reaches 185.38% and total cumulative return in cash sums $122,845. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,087/mo property income instead of your personal income.

Single Family

Built in N/A

10,454 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