417 Rue GambettaLafayetteLA70507
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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 417 Rue Gambetta, Lafayette, LA, 70507 offers a 6.53% rental yield on a $386,000 purchase with $2,100/mo rent. 18% in year one. Equity gained on principal adds $2,491/yr while 5% annual appreciation supports $106,645 over five years. Portfolio math shows five-year ROI at 88.26% and total cumulative return in cash at $112,932. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,100/mo property income against a $1,889/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
7,405 sqft 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 |
Housing Distribution
Address Breakdown
Residential
8,226
Single Family
7,213
Multi-Family
1,013
Businesses
481
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