346 Mendell Rd, Carencro, LA, 70520 | $450/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
2 Bath
1799 sft

208 Randolph Dr, Lafayette, LA, 70501

3 Bed
2 Bath
1312 sft

101 Meadow Glen Dr, Youngsville, LA, 70592

3 Bed
2 Bath
1204 sft

101 Van Gogh Ln, Rayne, LA, 70578

1 Bed
1 Bath
700 sft

221 E Spring St, Lafayette, LA, 70501

Nearby investment properties with comparable prices

4 Bed
2 Bath
2211 sft

1107 Mitchell Boyer Rd, Breaux Bridge, LA, 70517

4 Bed
2 Bath
2151 sft

4633 Bridge Street Hwy, Saint Martinville, LA, 70582

3 Bed
2 Bath
1604 sft

204 Sonny St, Opelousas, LA, 70570

4 Bed
2 Bath
2128 sft

305 Demette Rd, Lafayette, LA, 70508

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Carencro at 346 Mendell Rd, Carencro, LA, 70520 listed at $179,900 pairs $1,565/mo rent with a $881/mo payment to leave $450/mo cash flow. Total monthly income runs $1,565/mo, and annual cash flow reaches $5,402/yr on $59,637 cash to close. Return on cash invested measures 28.97% in year one, and rental yield registers 10.44% at a $179,900 basis. Equity gained on principal adds $1,161/yr, and annual property appreciation at 5% supports $49,703 by year five. Five-year ROI tracks 151.49% and total cumulative return in cash totals $90,345. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,565/mo property income relative to a $881/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in N/A

0.47 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 70520, Carencro, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,896 (100%)
Owner Occupied HU	6,509 (73.2%)
Renter Occupied HU	1,503 (16.9%)
Vacant Housing Units	884 ( 9.9%)
Median Home Value	$236,184
Average Home Value	$289,156