220 Doucet Rd #105ALafayetteLA70503
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowTight but positive: 220 Doucet Rd #105A, Lafayette, LA, 70503 in Lafayette at $136,500 earns $1,290/mo in rent and nets $178/mo after the $614/mo payment, a 11.34% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $37,712 over five years. Ziffy Mortgage underwrites this on a 2.10 DSCR without U.S. credit history. With $1,257/yr in principal paydown, total projected return reaches $80,367.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.3% | 5.2% |
| Monthly Cash Flow | $178 | $1,850 |
City averages based on Lafayette market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,290 |
| Total Monthly Debt Service | $791 |
| DSCR Ratio | 1.63x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in N/A
0.50 Acres lot
$N/A/sqft
No HOA
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
Condo
Built in N/A
0.50 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices