1717 Stonegate CirLafayetteIN47909
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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
Investment Highlights
Investment property for sale in Lafayette at 1717 Stonegate Cir, Lafayette, IN, 47909 earns from $2,309/mo rent with a $2,134/mo payment. Total monthly income totals $2,309/mo. ROI tracks 17.25% on current figures, and rental yield reads 6.36% at a $435,900 purchase. Equity gained on principal adds $2,813/yr, and 5% annual appreciation supports $120,431 over five years. Five-year ROI reaches 88.41% and total cumulative return in cash sums $127,759. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,309/mo property income instead of your personal income.
Single Family
Built in 1998
0.28 Acres lot
$N/A/sqft
$138 annually HOA
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 |
Housing Distribution
Address Breakdown
Residential
18,114
Single Family
16,603
Multi-Family
1,511
Businesses
463
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Listed by: Rebecca Fassnacht • Keller Williams Lafayette
Mls Name: IRMLS
Mls Provider:
Mls ID: #202529583
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.