11 McCutcheon Dr, Lafayette, IN, 47909 | $360/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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11 McCutcheon Dr, Lafayette, IN, 47909 | $360/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Lafayette at 11 McCutcheon Dr, Lafayette, IN, 47909 offers $2,100/mo rent that, after a $1,419/mo payment, leaves $360/mo cash flow. Total monthly income is $2,100/mo, and annual cash flow is $4,315/yr on $96,135 cash. Return on cash invested measures 24.4% in year one, and rental yield stands at 8.69% at a $290,000 entry. Equity gained on principal adds $1,871/yr while 5% annual appreciation compounds into $80,122 by year five. Five-year ROI records 126.69% and total cumulative return in cash reaches $121,792. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,100/mo property income versus a $1,419/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1986

0.31 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this charming 3 bedroom, 2 bathroom home that blends comfort and character both inside and out! Step into the spacious living room, where a stunning vaulted ceiling and a beautiful stone fireplace create the perfect gathering space for cozy nights or entertaining guests. The engineered hardwood floors flow seamlessly throughout the main living areas, offering durability and style. The open layout includes a well appointed kitchen and dining area, ideal for everyday living and hosting. The primary suite offers a peaceful retreat with its own private bath, while two additional bedrooms provide plenty of space for family, guests, or a home office. Step outside to enjoy the thoughtfully designed outdoor features a brand new patio perfect for relaxing or dining al fresco, a newly added pergola over the entrance that adds curb appeal and charm, and a peaceful goldfish pond that brings a touch of tranquility to your backyard oasis. A brand new 10x12 shed offers excellent storage for tools, lawn equipment, or hobbies.Welcome to this charming 3-bedroom, 2-bathroom home that blends comfort and character both inside and out! Step into the spacious living room, where a stunning vaulted ceiling and a beautiful stone fireplace create the perfect gathering space for cozy nights or entertaining guests. The engineered hardwood floors flow seamlessly throughout the main living areas, offering durability and style. The open layout includes a well-appointed kitchen and dining area, ideal for everyday living and hosting. The primary suite offers a peaceful retreat with its own private bath, while two additional bedrooms provide plenty of space for family, guests, or a home office. Step outside to enjoy the thoughtfully designed outdoor features-a brand new patio perfect for relaxing or dining al fresco, a newly added pergola over the entrance that adds curb appeal and charm, and a peaceful goldfish pond that brings a touch of tranquility to your backyard oasis. A brand ne

Neighborhood Data

Neighborhood data shown for ZIP Code: 47909, Lafayette, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	18,777 (100%)
Owner Occupied HU	11,637 (62.0%)
Renter Occupied HU	5,952 (31.7%)
Vacant Housing Units	1,188 ( 6.3%)
Median Home Value	$237,746
Average Home Value	$278,258