305 Randolph Dr,Lafayette,LA,70501

Investment Highlights

Investment property for sale in Lafayette at 305 Randolph Dr, Lafayette, LA, 70501 listed at $148,000 pairs $1,126/mo rent with a $724/mo payment to leave $210/mo cash flow. Total monthly income runs $1,126/mo, and annual cash flow reaches $2,515/yr on $49,062 cash to close. Return on cash invested measures 25.04% in year one, and rental yield registers 9.13% at a $148,000 basis. Equity gained on principal adds $955/yr, and annual property appreciation at 5% supports $40,890 by year five. Five-year ROI tracks 130.35% and total cumulative return in cash totals $63,950. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,126/mo property income relative to a $724/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).