124 Georgton Ct, West Lafayette, IN, 47906 | $173/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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124 Georgton Ct, West Lafayette, IN, 47906 | $173/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

Investment property for sale in West Lafayette at 124 Georgton Ct, West Lafayette, IN, 47906 earns $173/mo cash flow from $2,208/mo rent with a $1,659/mo payment. Total monthly income totals $2,208/mo, and annual cash flow totals $2,079/yr on $112,379 capital. ROI tracks 21.76% on current figures, and rental yield reads 7.82% at a $339,000 purchase. Equity gained on principal adds $2,188/yr, and 5% annual appreciation supports $93,659 over five years. Five-year ROI reaches 112.54% and total cumulative return in cash sums $126,472. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,208/mo property income instead of your personal income.

Single Family

Built in 1965

0.36 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to your dream home, just a short 5-minute drive from Purdue University! This inviting ranch-style home, has new roof-only two years old also includes 3 generously sized bedrooms and two bathrooms, providing ample space for comfort and relaxation. The well-appointed kitchen, featurs plentiful cabinet space, a newer electric cooktop, and a refrigerator. The open-concept layout seamlessly connects the spacious living room to the dining area, creating an ideal setting for hosting friends and family. Enjoy the cozy family room, which also has a wood-burning fireplace. This versatile space can also serve as a perfect home office or study area. Venture down to the finished basement, which offers a fantastic recreation or playroom. This additional living area provides endless possibilities for fun and relaxation. Step outside to discover the backyard with mature trees. The wood deck is perfect for outdoor dining, barbecues, or simply enjoying the serene surroundings. Don't miss your chance to make this home yours! Schedule a showing today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 47906, West Lafayette, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	30,475 (100%)
Owner Occupied HU	12,026 (39.5%)
Renter Occupied HU	15,431 (50.6%)
Vacant Housing Units	3,018 ( 9.9%)
Median Home Value	$337,444
Average Home Value	$371,802