510 Madison St, Lafayette, LA, 70501 | $164/mo Cash Flow

For Sale

Rental Income

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
2296 sft

209 Park Ave, Abbeville, LA, 70510

2 Bed
2 Bath
1365 sft

108 Darteze Dr, Lafayette, LA, 70508

Investment Property+ 3 more

3 Bed
2 Bath
1344 sft

105 Burgundy Cir, Lafayette, LA, 70506

Hillsborough IV B Plan, Caneview Estates

3 Bed
2 Bath
1514 sft

Hillsborough IV B Plan, Caneview Estates, Youngsville, LA, 70592

Nearby investment properties with comparable prices

3 Bed
2 Bath
1613 sft

118 Brattle Ct, Lafayette, LA, 70506

3 Bed
2 Bath
1607 sft

Verwood IV B Plan, Gabriel's Place, Youngsville, LA, 70592

3 Bed
2 Bath
1603 sft

Verwood IV A Plan, Gabriel's Place, Youngsville, LA, 70592

4 Bed
3 Bath
1742 sft

Queensland III G Plan, Payton Woods, Scott, LA, 70583

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Lafayette at 510 Madison St, Lafayette, LA, 70501 priced at $295,000 converts $1,991/mo rent into $164/mo cash flow after a $1,444/mo obligation. Total monthly income equals $1,991/mo, and annual cash flow totals $1,962/yr on $97,793 invested. Return on cash invested prints 21.92% in year one, and rental yield reads 8.1% against a $295,000 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation compiles into $81,503 by year five. Five-year ROI reaches 113.63% and total cumulative return in cash sums $111,122. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,991/mo property income covering a $1,444/mo payment, not borrower’s personal income.

Multi Family

Built in N/A

9,239 sqft lot

$N/A/sqft

No HOA