305 Halcott Dr APT 126,Lafayette,LA,70503

Investment Highlights

Investment property for sale in Lafayette at 305 Halcott Dr APT 126, Lafayette, LA, 70503 offers a 12.06% rental yield on a $219,500 purchase with $2,206/mo rent. Total monthly income registers $2,206/mo, and a $1,074/mo payment leaves $720/mo available for distribution. Annual cash flow reaches $8,636/yr on $72,764 to close, and return on cash invested stands at 31.78% in year one. Equity gained on principal adds $1,416/yr while 5% annual appreciation supports $60,644 over five years. Portfolio math shows five-year ROI at 167.26% and total cumulative return in cash at $121,702. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,206/mo property income against a $1,074/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.