501 Renwood Cir,Lafayette,LA,70503

Investment Highlights

Investment property for sale in Lafayette at 501 Renwood Cir, Lafayette, LA, 70503 at $394,000 posts ROI 18.53% with from $2,290/mo rent. Total monthly income equals $2,290/mo. Return on cash invested measures 18.53% and rental yield reads 6.97% at the current $394,000. Equity gained on principal adds $2,542/yr, and 5% annual appreciation supports $108,855 by year five. Five-year ROI prints 95.44% and total cumulative return in cash totals $124,660. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,290/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).