9 Heather RowLafayetteLA70507
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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
Investment Highlights
Rental property for sale in Lafayette at 9 Heather Row, Lafayette, LA, 70507 priced at $100,000 converts $777/mo rent into $158/mo cash flow after a $489/mo obligation. Total monthly income equals $777/mo, and annual cash flow totals $1,896/yr on $33,150 invested. Return on cash invested prints 25.63% in year one, and rental yield reads 9.32% against a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation compiles into $27,628 by year five. Five-year ROI reaches 133.48% and total cumulative return in cash sums $44,248. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $777/mo property income covering a $489/mo payment, not borrower’s personal income.
Townhouse
Built in N/A
1,306 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 |
Housing Distribution
Address Breakdown
Residential
8,226
Single Family
7,213
Multi-Family
1,013
Businesses
481
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