129 S 28th St, Lafayette, IN, 47904 | $533/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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129 S 28th St, Lafayette, IN, 47904 | $533/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 Lafayette at 129 S 28th St, Lafayette, IN, 47904 offers a 10% rental yield on a $229,000 purchase with $1,908/mo rent. Total monthly income registers $1,908/mo, and a $1,121/mo payment leaves $533/mo available for distribution. Annual cash flow reaches $6,398/yr on $75,914 to close, and return on cash invested stands at 28.34% in year one. Equity gained on principal adds $1,478/yr while 5% annual appreciation supports $63,268 over five years. Portfolio math shows five-year ROI at 147.84% and total cumulative return in cash at $112,229. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,908/mo property income against a $1,121/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1930

6,098 sqft lot

$N/A/sqft

No HOA

More details about the property

If quantity is at the top of your list in your house-hunting journey, this home offers a lot of bang for your buck with 4 bedrooms; 2 full baths; 2 living spaces or a family room and a formal dining room; a nice sunroom full of natural light; a large storage room that could double as a walk-in closet, office or playroom; and a main floor laundry with access to the backyard!!! Outside youll find an enclosed backyard with a 6 wood privacy fence, covered patio, 2 car detached garage and a 10 x 10 shed! So whether you work from home, have a large family, or just want space to spread out, there is plenty of room inside or out to accommodate your needs!! Move-in ready, new paint and trim throughout, and all appliances stay including washer and dryer!! Call me or your favorite real estate agent to schedule a showing!!!

Neighborhood Data

Neighborhood data shown for ZIP Code: 47904, Lafayette, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,604 (100%)
Owner Occupied HU	3,116 (41.0%)
Renter Occupied HU	3,885 (51.1%)
Vacant Housing Units	603 ( 7.9%)
Median Home Value	$128,606
Average Home Value	$188,435