Palmetto Plan, Belle View, Lafayette, LA, 70506 | $227/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Lafayette at Palmetto Plan, Belle View, Lafayette, LA, 70506 generates $2,296/mo in rent and, after a $1,635/mo payment, leaves $227/mo in cash flow. Total monthly income is $2,296/mo, and annual cash flow is $2,722/yr on $110,721 invested. Return on cash invested sits at 22.37% in year one, and rental yield is 8.25% on a $334,000 entry. Equity gained on principal adds $2,155/yr, while 5% annual appreciation builds toward $92,278 over five years. Five-year ROI reaches 116.04% and total cumulative return in cash sums $128,478. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,296/mo property income rather than buyer’s personal income.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 70506, Lafayette, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	21,115 (100%)
Owner Occupied HU	9,649 (45.7%)
Renter Occupied HU	9,076 (43.0%)
Vacant Housing Units	2,390 (11.3%)
Median Home Value	$245,556
Average Home Value	$281,646