314 Edsall LnLafayetteLA70503
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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
Investment Highlights
Rental property for sale in Lafayette at 314 Edsall Ln, Lafayette, LA, 70503 priced at $257,460 converts $1,800/mo rent into $115/mo cash flow after a $1,260/mo obligation. Total monthly income equals $1,800/mo, and annual cash flow totals $1,384/yr on $85,348 invested. Return on cash invested prints 21.53% in year one, and rental yield reads 8.39% against a $257,460 entry. Equity gained on principal adds $1,661/yr, while 5% annual appreciation compiles into $71,131 by year five. Five-year ROI reaches 112.04% and total cumulative return in cash sums $95,628. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,800/mo property income covering a $1,260/mo payment, not borrower’s personal income.
Townhouse
Built in 2024
2,448 sqft lot
$N/A/sqft
$90 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Robbie Breaux • Real Broker, LLC.
Mls Name: RAA
Mls Provider:
Mls ID: #24006921
Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the REALTOR Association of Acadiana MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable, but not guaranteed accurate. Data last updated 2024-02-12 10:51:22 PST