Address: 2830 Louisiana Ave, Lafayette, LA 70501, USA
Property Description
Outstanding investment opportunity featuring THREE townhomes offered together for just $219,000! Each two-story unit offers 1,146 square feet of living space, 2 bedrooms, and 1.5 bathrooms, creating an attractive rental opportunity with strong income-producing potential. With rental rates of $800, $850, and an estimated $900+ for the third unit, this portfolio offers approximately $2,500+ in combined monthly rental income, or $30,000 annually! Even using conservative rental projections, this investment exceeds the highly sought-after 1% rent-to-purchase-price rule, delivering an impressive gross rental yield of approximately 13.7%! With established rental income, additional upside potential, and three separate units generating revenue, this is an excellent opportunity to expand your portfolio with a property positioned for cash flow from day one. Whether you're a seasoned investor or looking to make your next smart investment, this three-unit package offers exceptional value, versatility, and long-term income potential!