304 Rena Dr, Lafayette, LA, 70503 | $446/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 304 Rena Dr, Lafayette, LA, 70503 uses $75,582 cash to close to unlock $5,347/yr annual cash flow and $446/mo monthly cash flow. Total monthly income runs $1,858/mo, and a $1,116/mo payment keeps the spread at $446/mo. Purchase price stands at $228,000, and rental yield measures 9.78% with $1,858/mo rent. Return on cash invested shows 26.98% in year one, and 5% annual appreciation builds toward $62,992 over five years. Five-year ROI reaches 140.8% and total cumulative return in cash records $106,419. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,858/mo property income covering a $1,116/mo payment rather than investor’s personal income.

Single Family

Built in N/A

0.27 Acres lot

$N/A/sqft

No HOA