216 Orgeron Dr, Lafayette, LA, 70506 | $722/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

Rental property for sale in Lafayette at 216 Orgeron Dr, Lafayette, LA, 70506 priced at $230,000 pairs $2,147/mo rent with $722/mo cash flow after a $1,126/mo payment. Total monthly income equals $2,147/mo, and annual cash flow comes to $8,664/yr on $76,245 invested. Return on cash invested is 31.27% in year one, and rental yield stands at 11.2% on a $230,000 basis. Equity gained on principal adds $1,484/yr, and 5% annual appreciation accumulates to $63,545 by year five. Five-year ROI measures 163.77% and total cumulative return in cash reaches $124,867. For financing, Ziffy Mortgage’s DSCR program evaluates $2,147/mo property income against a $1,126/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1977

9,583 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