316 Kim DrLafayetteLA70503
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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
Investment property for sale in Lafayette at 316 Kim Dr, Lafayette, LA, 70503 earns $300/mo cash flow from $1,400/mo rent with a $857/mo payment. Total monthly income totals $1,400/mo, and annual cash flow totals $3,597/yr on $58,013 capital. ROI tracks 26.11% on current figures, and rental yield reads 9.6% at a $175,000 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 over five years. Five-year ROI reaches 136.24% and total cumulative return in cash sums $79,039. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,400/mo property income instead of your personal income.
Single Family
Built in 1970
0.26 Acres lot
$N/A/sqft
No HOA
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Listed by: Dawn Foreman • Keller Williams Realty Acadiana
Mls Name: RAA
Mls Provider:
Mls ID: #25001376
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 2025-04-15 12:12:20 PDT