3121 Johnston St APT 101, Lafayette, LA, 70503 | $754/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 3121 Johnston St APT 101, Lafayette, LA, 70503 offers a 16.05% rental yield on a $105,000 purchase with $1,404/mo rent. Total monthly income registers $1,404/mo, and a $514/mo payment leaves $754/mo available for distribution. Annual cash flow reaches $9,042/yr on $34,808 to close, and return on cash invested stands at 45.89% in year one. Equity gained on principal adds $678/yr while 5% annual appreciation supports $29,010 over five years. Portfolio math shows five-year ROI at 242.23% and total cumulative return in cash at $84,314. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,404/mo property income against a $514/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in N/A

1,306 sqft lot

$N/A/sqft

No HOA