301 Greyford DrLafayetteLA70503
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 301 Greyford Dr, Lafayette, LA, 70503 in Lafayette. Rental yield 5.04%. At $820,000 with 5.04% gross yield, current distributions are modest, but the 5% appreciation rate projects $226,551 in new equity by year five, complemented by $7,552/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.93) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $195,383.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5% | 5.2% |
| Monthly Cash Flow | $(1,808) | $1,850 |
City averages based on Lafayette market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,443 |
| Total Monthly Debt Service | $4,925 |
| DSCR Ratio | 0.70x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Single Family
Built in 2023
0.55 Acres lot
$N/A/sqft
$960 annually 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
Single Family
Built in 2023
0.55 Acres lot
$N/A/sqft
$960 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Linda P Myers • Dwight Andrus Real Estate Agency, LLC
Mls Name: RAA
Mls Provider:
Mls ID: #2020022965
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 2025-04-21 11:42:23 PDT