417 Cleveland StLafayetteLA70501
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who value predictability will appreciate 417 Cleveland St, Lafayette, LA, 70501 in Lafayette. At $145,000 it earns $1,386/mo in rent and distributes $488/mo to the owner after the $652/mo payment, a consistent 11.47% yield. DSCR 2.13 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $40,061 in value; $1,335/yr in principal paydown compounds ownership stake. Total projected return: $86,410.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.5% | 5.2% |
| Monthly Cash Flow | $488 | $1,850 |
City averages based on Lafayette market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,386 |
| Total Monthly Debt Service | $841 |
| DSCR Ratio | 1.65x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1946
3,049 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1946
3,049 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices