187 Emerite Drive, Lafayette, LA 70503 Investment Property

Property Details for 187 Emerite Drive

Facts and Market Trends
Beds
3
Baths
3
N/A
Days On Market
439
MLS Id
18004423
Heating system
Central Furnace
Cooling system
Central A/C
Property subtype
Townhouse
Parking Spots
2
Parking Type
Garage
Architecture Style
Other
Listing Date
May 04, 2018
Average Cap Rate
Airbnb
4.43%
Traditional
3.37%
Average Rental Income
Airbnb
$1,790
Traditional
$1,370
Property Price Info
Property Price
$194,900
Sq/ft
$1,937
Cost per sq/ft.
$101

Nearby schools

Elementary:
S.j. Montgomery
High:
Lafayette
Middle:
Lafayette
Book a demo and see how easily Mashvisor can help you find your perfect investment!

Lafayette Neighborhood Info

Number Of Properties
Homes For Sale
310
Rental Properties
160
Airbnb Properties
122
Facts and Market Trends
Mashmeter
56.69%
Airbnb Occupancy
45.49%
Optimal Strategy
Airbnb
85/100
Price
Median Price
$220,000
Price/sqft
$129
Average Cash On Cash Return
Traditional
2.92%
Airbnb
3.65%
Average Rental Income
Traditional
$1,097
Airbnb
$1,551

Property Insights

News

View more news

Blogs

Guides and Tips

Book a demo and see how easily Mashvisor can help you find your perfect investment!

Top Nearby Active Investment Properties

$55,000

105 Byron St.

Lafayette

3 beds
1 baths
1,010 sq.ft.

CASH ON CASH

Trad. 14.83%

Airbnb 18.19%

CAP RATE

Trad. 14.83%

Airbnb 18.19%

$77,000

111 West Evergreen

Lafayette

4 beds
1 baths
1,262 sq.ft.

CASH ON CASH

Trad. 14.86%

Airbnb 17.07%

CAP RATE

Trad. 14.86%

Airbnb 17.07%

$84,900

108 Laurelwood Drive

Lafayette

4 beds
2 baths
1,517 sq.ft.

CASH ON CASH

Trad. 13.02%

Airbnb 15.57%

CAP RATE

Trad. 13.02%

Airbnb 15.57%

$107,128

106 CHARLENE DR

Lafayette

4 beds
2 baths
1,739 sq.ft.

CASH ON CASH

Trad. 10.05%

Airbnb 11.64%

CAP RATE

Trad. 10.05%

Airbnb 11.64%

Top Nearby Cities

Lake Charles, LA
PROPERTY PRICE

$227,829

Median
CASH ON CASH RETURN

2.94%

Traditional

N/A

Airbnb
New Orleans, LA
PROPERTY PRICE

$447,066

Median
CASH ON CASH RETURN

1.57%

Traditional

5.44%

Airbnb
Abbeville, LA
PROPERTY PRICE

$246,365

Median
CASH ON CASH RETURN

1.32%

Traditional

5.53%

Airbnb