319 Elwick Dr, Carencro, LA, 70507 | $182/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 Carencro at 319 Elwick Dr, Carencro, LA, 70507 earns $182/mo cash flow from $1,575/mo rent with a $1,101/mo payment. Total monthly income totals $1,575/mo, and annual cash flow totals $2,178/yr on $74,588 capital. ROI tracks 22.83% on current figures, and rental yield reads 8.4% at a $225,000 purchase. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 over five years. Five-year ROI reaches 118.52% and total cumulative return in cash sums $88,401. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,575/mo property income instead of your personal income.

Single Family

Built in N/A

0.50 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 70507, Lafayette, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,704 (100%)
Owner Occupied HU	5,364 (61.6%)
Renter Occupied HU	2,357 (27.1%)
Vacant Housing Units	983 (11.3%)
Median Home Value	$222,659
Average Home Value	$265,455