512 Elwick Dr, Lafayette, LA, 70507 | $907/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 Lafayette at 512 Elwick Dr, Lafayette, LA, 70507 at $275,000 posts ROI 31.84% with $907/mo cash flow from $2,610/mo rent. Total monthly income equals $2,610/mo, and annual cash flow records $10,878/yr on $91,163 to close. Return on cash invested measures 31.84% and rental yield reads 11.39% at the current $275,000. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 by year five. Five-year ROI prints 166.86% and total cumulative return in cash totals $152,111.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,610/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in N/A

2,178 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