617 Evangeline Dr, Lafayette, LA, 70501 | $460/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
1 Bath
1358 sft

1040 Adley Loop, Breaux Bridge, LA, 70517

2 Bed
1 Bath
1008 sft

3152 Grand Pointe Ave, Breaux Bridge, LA, 70517

3 Bed
2 Bath
1479 sft

151 Oak Crest Dr, Lafayette, LA, 70503

Currently Rented+ 1 more

2 Bed
1 Bath
- sft

1649 Herman Dupuis Rd, Breaux Bridge, LA, 70517

Nearby investment properties with comparable prices

3 Bed
3 Bath
2625 sft

3101 Donna Rd, Abbeville, LA, 70510

3 Bed
2 Bath
1250 sft

110 W Evergreen St, Lafayette, LA, 70501

4 Bed
2 Bath
1799 sft

208 Randolph Dr, Lafayette, LA, 70501

3 Bed
2 Bath
1490 sft

3116 Grand Point Hwy, Breaux Bridge, LA, 70517

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 617 Evangeline Dr, Lafayette, LA, 70501 priced at $165,000 converts $1,482/mo rent into $460/mo cash flow after a $808/mo obligation. Total monthly income equals $1,482/mo, and annual cash flow totals $5,514/yr on $54,698 invested. Return on cash invested prints 29.99% in year one, and rental yield reads 10.78% against a $165,000 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation compiles into $45,586 by year five. Five-year ROI reaches 156.97% and total cumulative return in cash sums $85,859. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,482/mo property income covering a $808/mo payment, not borrower’s personal income.

Single Family

Built in N/A

4,356 sqft lot

$N/A/sqft

No HOA