1825 Main StLafayetteIN47904
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Lafayette at 1825 Main St, Lafayette, IN, 47904 offers $1,397/mo rent that, after a $1,013/mo payment, leaves $134/mo cash flow. Total monthly income is $1,397/mo, and annual cash flow is $1,611/yr on $68,621 cash. Return on cash invested measures 22.26% in year one, and rental yield stands at 8.1% at a $207,000 entry. Equity gained on principal adds $1,336/yr while 5% annual appreciation compounds into $57,190 by year five. Five-year ROI records 115.38% and total cumulative return in cash reaches $79,174. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,397/mo property income versus a $1,013/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
0.28 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
7,166
Single Family
6,169
Multi-Family
997
Businesses
623
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