Mobile homes can make great rental investments. Related reading: The Realities of Mortgage-Free Living. 330 Feu Follet Rd, Lafayette, LA 70508. Advertisers or other companies do not have access to MHVillages cookies. According to crime rate statistics, however, there's a 1 in 26 chance of becoming a victim of a crime. Mortgage loans still act the same for mobile homes (for the most part) as they do for single-family homes. Grand Rapids, MI 49525 Stocks & alternative investments, plus social community, Invest in stocks, ETFs, options, and crypto, Passively invest in real estate with as little as $10. This is not the case with mobile homes. 122 Treasure Cv , Lafayette, LA 70508-4479 is a single-family home listed for rent at /mo. You may come for the jobs, but youll stay for the healthy and exciting lifestyle. The risk you are taking is whether youre able to get your finances and income in a place to where you can purchase the home before the contract ends. a homeowner, including in Lafayette, LA. Rent Home: $1,035. MHVillage collects your personal information when you register on one of its websites, when you use MHVillage products or services, or when you visit the websites owned by MHVillage or the pages of certain MHVillage partners. . so you can stay informed and updated. Lafayette Neighborhoods. St. John's Cathedral was built in 1913 in a combination Romanesque/Gothic design. Register. The city is not just a hub of opportunity but also a major retirement destination. 3/2 . . It often takes six to twelve months or more to build your credit, and a rent to own contract may last up to 36 months or more, giving you plenty of time to get your finances on track. Filter by beds, baths, price, and more. Move-in and rent-ready for an investor. Amazon and the Amazon logo are trademarks of Amazon.com, Inc. or its affiliates. Due to rising property costs and competitive buyers, buying a home through traditional means can be difficult and expensive in today's market. ft.0.5 acres. By accepting our use of cookies, your data will be aggregated with all other user data. Also, the staff are extremely friendly and easy to work with in, From Business: University House is top quality UL Lafayette student housing, in a convenient location, just a short shuttle ride from campus. Please see our Disclosure for further information. If your income is only $45,000 and you have to save that $17,500 to make a down payment, it may be years before you can be a homeowner. Other potential scams that have happened include landlords selling rent to own contracts on properties that they dont own. Designed by New Wave Technology. This enables the landlord to take advantage of rental income while allowing them to sell their home should they see fit, while also enabling a renter to build up their credit, savings, income, and finances to purchase a home to build equity. Rent to own homes offer low monthly payments and flexible terms. Lafayette, LA ranges between 36 - 49 feet above sea level. Home Loan. Rent to own contracts are also considered a type of options contract much like a stock market options contract. Affordable Living for Louisiana! YP advertisers receive higher placement in the default ordering of search results and may appear in sponsored listings on the top, side, or bottom of the search results page. Our team will help you find the perfect home to rent - safe and affordable - in an area you'll love that fits your budget. This enables you and your family to make the right choice based on both (800) 397-2158 This area is the center of Cajun culture, both in the state and nationwide. 6 Bed 3 Bath House for Sale Lafayette, LA. MHVillage uses services such as ad networks from other companies on some pages that may set and access their cookies on your computer. Heres how it works. Along with the potential for great rewards comes risk. Sq. If you're unfamiliar with the rent-to-own process, we offer a full selection of articles in our on-site Call today: 337-446-6966 or 337-296-6329! After signing the contract, the mobile home market skyrockets in price, and the home you just signed a rent to own contract with is now worth $65,000. 1 Bed. That means you are technically purchasing a $65,000 home for $50,000, giving you a major equity advantage upfront gaining an extra $15,000 just because of the timing. The steps to buying a mobile home with the rent to own options is an easy process. Lafayette, LA 70508. info@bgrealty.com (337) 281-439 1. Options to buy or rent to own with no credit . If you have questions or suggestions, please contact us at: MHVillage, Inc. Apartment rent in Lafayette has increased by 23.3% in the past year. Pay Rent/Dues. For example, if your landlord decides to include a clause in the property agreement that they dont allow pets on the land and you have a dog, youll have no say because you dont own the land and thus cant vote one way or another. Beautiful 1 BR home to call your own $1,079 1br - 495ft2 - (Easley) $169,000 Oct 2 Rent to Own 3 Bedroom / 2 Bath Double-Wide Mobile Home $169,000 3br - (Simpsonville) Oct 19 Roommate needed to share east side home $750 440ft2 - (Greenville, SC) $1,669 Oct 4 Call Today! nice apartments don't like the slide doors on the 2 bedrooms prompt service. Rent-to-Own Homes in Lafayette, LA: What You Need to Know. Copyright 2022 Delta Home Center - All Rights Reserved. Property type: House Buildyear: 2011: Size: 1635.0 . Everything depends on your plan and your current situation. Choose from price, year, beds, baths, home size, and several others. If you're interested in Lafayette rent-to-own homes, don't forget to consider important factors in addition to monthly living costs, such as average commute, taxes, crime rates, etc. Veterans: See if you meet the requirements for a $0 down VA Home Loan. 4 Bedroom 2 Bathroom new constuction home - 4 Bedroom 2 Bathroom New construction home. In the late 18th century, French-Canadian settlers occupied . We offer competitive pricing and assist first-time buyers with plans designed to make their dream . Lafayette's History . for Pricing. It can be tough to own a home these days with the changing interest and so many rules and restrictions that are in place to get approved for a loan. So far so good! Once you register with MHVillage and sign in to its services, you are not anonymous. Find units and rentals including luxury, affordable, cheap and pet-friendly near me or nearby! The new office staff is very friendly and gets any issues, Summer Place is a wonderful apartment community with two swimming pools, covered parking, washer/dryer connections in an excellent location. If you paid $6,000 to sign your rent to own contract, and the contract is about to expire but you still cant purchase the home, youve just lost $6,000 and youre likely in a worse off situation than what you began with. I've noticed a huge difference since the New Management started. Contact Us. 4027 NORTHWEST EVANGELINE THRUWAY, CARENCRO, LA 70520. 2 bds; 2 ba; 880 sqft - For sale by owner. There's a reason Lafayette is considered "The Happiest City in America". These factors are similar to those you might use to determine which business to select from a local Yellow Pages directory, including proximity to where you are searching, expertise in the specific services or products you need, and comprehensive business information to help evaluate a business's suitability for you. . All Rights Reserved. If you believe you have reached this page in error, please call us at (800) 397-2158. 118 Winged Elm Ln, Lafayette, LA 70508. I appreciate all the great service and hospitality. Lafayette is filled with historical buildings, museums and galleries. time before you purchase it, meaning that you get to know the house, mobile homes for rent in lafayette, la. Available Down Pyament. The year will fly by with all the festivals the community celebrates, like Creole Culture Day and the Gumbo Cook-Off. If your home costs $350,000, then your down payment is likely to be at least 5% of that, or $17,500, and thats before closing costs. A rent to own contract is when a renter signs a contract with his/her landlord where the renter commits to renting the home for a designated time with the option to purchase the house at a pre-determined price before the contract ends. . Indianapolis, IN 46234. tenants are also buyers. MobileHome.net has 5 Mobile Homes for Rent near Lafayette, LA, including manufactured homes and modular homes. Nearby Rentals. $1,150. Currently Viewing 22 of 147 Results. MHVillage collects information about your transactions with MHVillage and with some of its business partners, including information about your use of the services that MHVillage offers. 4 Beds. Please call Jason at . There always seems to be something entertaining to do in Lafayette. Licensed by the Louisiana Real Estate Commission. MHVillages primary source of data about you is your interaction with MHVillage websites or emails. Overall, there is a 7.1 percent vacancy rate, and there is nice range of homes for sale. The new office staff is very friendly and gets any issues, Summer Place is a wonderful apartment community with two swimming pools, covered parking, washer/dryer connections in an excellent location. Lafayette, Louisiana, is located in southwestern Louisiana and is the core of the statistical area of Lafayette-Opelousas-Morgan City, which has a population of over 611,000. Sure, when you purchase a mobile home you own the home, but you do not own the property that the home sits on. 3br 1216ft2. All these minor details can keep you from owning your own mobile home. bottom of page Lafayette has a diverse real estate market that presents many homes listed for less than $100,000 alongside those listed for more than $200,000. Delta Home Center . 3) Patiently wait for your dream home to become available. 1-2 Beds 1-2 Baths. MHVillage does not purchase personal information. Indianapolis. When all is said, rent to own mobile homes are great opportunities should the person in the right scenario find a good home to enter a rent to own contract with. $119,900. In other words, if you arent in a position right now to buy a home, you can rent the home with intentions of building up your finances to purchase that home at a future date. In fact, nightlife in town typically is centered around the city's own brand of Cajun music, which includes Zydeco, jazz and the blues. Search 128 apartments for rent in Lafayette, LA. . Freedom Homes of Carencro offers land and home opportunities in the following areas: HomeSmart. Homes for Sale. What used to be a call to the landlord maintenance technician now becomes your own responsibility as a homeowner. If you purchase the home for $110,000 and the market decides to take a dive and drops your market value to $90,000, then you just lost $20,000, and who knows how long it will be before the market returns to its original values. All Age Community 3 2 24ft x 52ft. View Houses for rent in Broussard, LA. CARENCRO, LA 70520 (337) 896-0071. . The location is great, the apartment are very well built & have nice floor plans, &, I currently live in Emberwood and I love it. All other marks contained herein are the property of their respective owners. Copyright 2023 iRentToOwn.com. Visit Freedom Homes of Carencro today to find the perfect manufactured or modular home to call your own! Explore rentals by neighborhoods, schools, local guides and more on Trulia! When you register or interact with an MHVillage website, your provide information such as your name, address, email address, zip code, telephone numbers, and other information. 3 / 2. Prequalify today. All of this is required as a homeowner, and you will learn relatively quickly, especially when you are the owner of a new mobile home. YP advertisers receive higher placement in the default ordering of search results and may appear in sponsored listings on the top, side, or bottom of the search results page. ! rent-to-own articles Help reduce energy cost the day you buy your Clayton Built home. The benefit of setting a pre-determined price and an option to purchase a home in the future costs money, called an option fee. Contact Us. The median home sales price in Lafayette was $195,000 as of September 2013, and the median home value in the city is $160,400, which is 51 percent higher than the Louisiana . Lafayette Hardware was built before 1890 and remained a hardware store until 1986. 1430 Truxtun Ave, 5th Floor Bakersfield, CA 93301. Have you dreamed of owning your own mobile home?We can help you make that dream a reality. 2-3 Beds 2 Bath. Furthermore, you need a significant amount of money as a down payment when applying for a mortgage. CLOSED NOW. Or someone who hasnt been able to save up that $17,500? Share on Facebook . There are currently 8 new and used mobile homes listed for your search on MHVillage for sale or rent in the Lafayette area. http://tbamarks.comRent to Own Homes from $389 a monthHello. House for Rent. and a median rent of $899, the Lafayette, LA Ft. Easy, Chateau des Lions is a wonderful apartment community. Posted by: RegiserSigns.com helping you rent or sell stuff fast. nice apartments don't like the slide doors on the 2 bedrooms prompt service. Apartments for Rent Near Me; Get details property information, photos of the home, and information about living in Scott with HomeFinder. Enjoy a spacious Lafayettte, From Business: Conveniently located just a short walk away from Cajun Field and an array of shopping and dining options, Axis offers everything you need for the lifestyle you, From Business: Located in the Heart of Lafayette, Bayou Shadows offers a variety of distinctive floor plans. You will find many sculptures and murals around downtown, along with the Lafayette Museum, a children's museum, a natural history museum and a planetarium, as well as several arts and crafts museums and galleries. You can also narrow your search to show specific types of homes using the sort and filter options available. Prequalify today. Furthermore, owning a home may also require that you set aside money to pay for common repairs or even emergencies in the event of natural disasters. Copyright 2023 HousingList. Cajun is still commonly spoken in Lafayette.The below results are primarily rent to own homes in Lafayette Parish, LA: Locals are served by a host of parish services. All Rights Reserved. With MHVillage, its easy to stay up to date with the latest mobile home listings in the Lafayette area. 3 bedroom 2 bath house in peaceful community 10 mins from MTSU. Diamond Lakes Apartments is a great place to stay in Lafayette. Lot 644. Mobile Home for Sale Mobile Home for Rent Mobile Home Lot for Sale Mobile Home Lot for Rent Cheap House for Sale Advertise. Most risks are related to your financial profile and added fees associated should things turn south in your contract. your neighbors, and your community before making the final purchase. Posted 09/09 Price . 1 talking about this. That means you pay an option fee when signing the contract, then you need to have extra money to put down on your loan when you decide to purchase. Posted on Americanlisted. If you prefer to live in a more rural . MHVillage uses this information for the following general purposes: to customize the advertising and content you see, to fulfill your requests for products and services, to improve its services, to contact you, to conduct research, and to provide anonymous reporting for internal and external clients. Why is this a risk? When browsing homes, you can view features, photos, find open houses . Still, this adds up to be less money than a down payment on a $350,000 single family home, but it can still be a sizeable amount. Let's say you sign a rent to own mobile home contract that states you can purchase the mobile home for $50,000. The median home sales price in Lafayette was $195,000 as of September 2013, and the median home value in the city is $160,400, which is 51 percent higher than the Louisiana average and 20 percent lower than the nationwide average. In this case, your rent is going towards something significant. With a Lafayette, LA rent-to-own home through iRentToOwn.com, you can build equity, repair credit scores, and save money while living in the home you'll eventually own. rent-to-own market is more affordable than the traditional housing market Real Estate Rental Service Apartments. Willow Mobile Home Park. 208 General Gardner Ave APT 207, Lafayette, LA 70501. View more property details, sales history and Zestimate data on Zillow. Better Built Mobile Homes in Lafayette, Louisiana. 414. Arnaudville, Blanks, Branch, Breaux Bridge, Broussard, Butte Larose, Cade, Cankton, Carencro, Cecilia, Chataignier, Church Point, Crowley, Duson, Energy Center, Grand Coteau, Henderson, Krotz Springs, Lafayette, Lawtell, Leonville, Lottie, Maurice, Milton, Opelousas, Parks, Port Barre, Rayne, Saint Martinville, Scott, Sunset, and Youngsville. competition for home purchases. The steps to buying a mobile home with the rent to own options is an easy process.