421 Walter Dr, Carencro, LA, 70507 | $787/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 421 Walter Dr, Carencro, LA, 70507 with 5% annual appreciation on a $240,000 basis while $2,274/mo rent supports operations. Total monthly income totals $2,274/mo and a $1,175/mo payment preserves $787/mo for cash returns. Annual cash flow comes to $9,444/yr on $79,560 deployed, and return on cash invested reaches 31.78% in year one. Equity gained on principal adds $1,549/yr, and five-year appreciation sums $66,308 alongside rental yield of 11.37%. Five-year ROI measures 166.49% and total cumulative return in cash totals $132,458.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,274/mo property income versus a $1,175/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in N/A

6,969 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