3500 E Simcoe St APT 33, Lafayette, LA, 70501 | $150/mo Cash Flow

For Sale

Fix & Flip

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 3500 E Simcoe St APT 33, Lafayette, LA, 70501 earns $150/mo cash flow from $831/mo rent with a $538/mo payment. Total monthly income totals $831/mo, and annual cash flow totals $1,800/yr on $36,465 capital. ROI tracks 24.85% on current figures, and rental yield reads 9.07% at a $110,000 purchase. Equity gained on principal adds $710/yr, and 5% annual appreciation supports $30,391 over five years. Five-year ROI reaches 129.3% and total cumulative return in cash sums $47,148. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $831/mo property income instead of your personal income.

Townhouse

Built in 1983

4,356 sqft lot

$N/A/sqft

No HOA