Fargo Plan, Stable ViewLafayetteLA70507
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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
Investment property for sale in Lafayette at Fargo Plan, Stable View, Lafayette, LA, 70507 with 5% annual appreciation on a $249,500 basis while $2,404/mo rent supports operations. Total monthly income totals $2,404/mo and a $1,221/mo payment preserves $859/mo for cash returns. Annual cash flow comes to $10,304/yr on $82,709 deployed, and return on cash invested reaches 32.37% in year one. Equity gained on principal adds $1,610/yr, and five-year appreciation sums $68,932 alongside rental yield of 11.56%. Five-year ROI measures 169.66% and total cumulative return in cash totals $140,325.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,404/mo property income versus a $1,221/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
N/A 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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