Salene II L Plan, Savannah PointeLafayetteLA70507
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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 Salene II L Plan, Savannah Pointe, Lafayette, LA, 70507 listed at $192,990 pairs $1,533/mo rent with a $945/mo payment to leave $337/mo cash flow. Total monthly income runs $1,533/mo, and annual cash flow reaches $4,045/yr on $63,976 cash to close. Return on cash invested measures 26.23% in year one, and rental yield registers 9.53% at a $192,990 basis. Equity gained on principal adds $1,245/yr, and annual property appreciation at 5% supports $53,320 by year five. Five-year ROI tracks 136.84% and total cumulative return in cash totals $87,543. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,533/mo property income relative to a $945/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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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