307 Sophie St,Lafayette,LA,70501

Investment Highlights

Investment property for sale in Lafayette at 307 Sophie St, Lafayette, LA, 70501 listed at $199,500 pairs $1,447/mo rent with a $976/mo payment to leave $212/mo cash flow. Total monthly income runs $1,447/mo, and annual cash flow reaches $2,540/yr on $66,134 cash to close. Return on cash invested measures 23.75% in year one, and rental yield registers 8.7% at a $199,500 basis. Equity gained on principal adds $1,287/yr, and annual property appreciation at 5% supports $55,118 by year five. Five-year ROI tracks 123.45% and total cumulative return in cash totals $81,643. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,447/mo property income relative to a $976/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).