DSCR Loans in Lafayette, LA
Finance investment properties in Lafayette with a DSCR loan. Qualify based on rental income, not tax returns. Median rent at $1,050/mo with +2.8% annual growth.
Market data updated 2026-01-30
Why Invest in Lafayette?
- Hub of Cajun country with unique cultural appeal and tourism
- Oil and gas services sector provides employment base
- University of Louisiana at Lafayette drives student rental demand
Key Economic Drivers
Property Types We Finance
Popular Investment Areas
Metro Population
Lafayette metro area — a strong tenant pool for rental property investors.
Hypothetical DSCR Illustration for Lafayette, LA
An illustration built from Lafayette's market data, with no interest rate assumed. Taxes and insurance use local averages; principal and interest come from your own quote, so the figures below show how much of the median rent is left for that payment at common DSCR targets.
Loan Structure
Monthly Costs (PITIA)
What the Median Rent Has to Cover
Hypothetical illustration. DSCR = rent ÷ PITIA; no rate assumed.
Hypothetical illustration, no interest rate assumed. At Lafayette's median rent of $1,050/month, local property taxes (0.55% of the $200,000 median price) and insurance (about $3,600 a year) use roughly 37% of the rent. To reach a 1.0 DSCR, principal, interest and any HOA dues would have to fit within the remaining 63% of rent; a 1.25 DSCR leaves about 43%. Your actual ratio depends on the payment in your own quote, which you can test in our DSCR calculator.
Lafayette Rent Projection
Year 1 and Year 5 rent collections based on Lafayette's +2.8% annual rent growth and 6.4% vacancy rate. Loan payments aren't included because they depend on your quote.
Year 1 Projection
Year 5 Projection
After the local 6.40% vacancy allowance, a median Lafayette rental collects about $11,794 in Year 1. If rents grow 2.80% a year, collections reach about $13,175 by Year 5, roughly 11.7% more. This projection covers rent only: how well that rent covers the loan depends on the payment in your quote, and taxes and insurance can rise over the same years.
Lafayette vs. Louisiana Average
How Lafayette's rental market compares to the Louisiana statewide average.
Lafayette's median rent of $1,050/month is 19.2% below the Louisiana state average of $1,300/month. Home prices at $200,000 are 4.8% below the state average of $210,000.
Lafayette Investment Strategy: Hybrid
Lafayette excels as a balanced market where $1,050/mo rents and $200K entry points create genuine cash-flow potential with appreciation upside. The energy economy provides tenant stability. With a 6.30% rent-to-price ratio and 2.8% rent growth, the rent has room to cover the payment on well-chosen properties. Consider River Ranch for established returns or Broadmoor for value-add plays.
DSCR Loan Questions for Lafayette
What DSCR ratio do I need to qualify for an investment property loan in Lafayette, LA?
Can I buy a Lafayette rental property with less than 25% down?
What areas of Lafayette are best for DSCR loan investors?
What are the STR regulations for DSCR loan investors in Lafayette?
What's the property tax rate for Lafayette investment properties?
How has rent growth trended in Lafayette?
Are there prepayment penalties on Lafayette DSCR loans?
Licensing for Louisiana
Cornerstone First Mortgage, LLC (NMLS #173855) — Louisiana Residential Mortgage Lending License. No separate state number is published for this license; look it up on NMLS Consumer Access under NMLS #173855.
Check any license on NMLS Consumer Access, or see every state on our state license list. DSCR loans are business-purpose loans for investment property only.
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