617 S Bienville St,Lafayette,LA,70501

Investment Highlights

Investment property for sale in Lafayette at 617 S Bienville St, Lafayette, LA, 70501 listed at $173,900 pairs $1,402/mo rent with a $851/mo payment to leave $325/mo cash flow. Total monthly income runs $1,402/mo, and annual cash flow reaches $3,899/yr on $57,648 cash to close. Return on cash invested measures 26.67% in year one, and rental yield registers 9.67% at a $173,900 basis. Equity gained on principal adds $1,122/yr, and annual property appreciation at 5% supports $48,045 by year five. Five-year ROI tracks 139.11% and total cumulative return in cash totals $80,194. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,402/mo property income relative to a $851/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).