Lakeview Plan, Cedar Creek,Lafayette,LA,70501

Investment Highlights

Investment property for sale in Lafayette at Lakeview Plan, Cedar Creek, Lafayette, LA, 70501 offers a 11.25% rental yield on a $273,500 purchase with $2,563/mo rent. Total monthly income registers $2,563/mo, and a $1,339/mo payment leaves $868/mo available for distribution. Annual cash flow reaches $10,421/yr on $90,665 to close, and return on cash invested stands at 31.4% in year one. Equity gained on principal adds $1,765/yr while 5% annual appreciation supports $75,563 over five years. Portfolio math shows five-year ROI at 164.53% and total cumulative return in cash at $149,168. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,563/mo property income against a $1,339/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.