20 Carolyn Ct, Lafayette, IN, 47909 | $341/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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20 Carolyn Ct, Lafayette, IN, 47909 | $341/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 20 Carolyn Ct, Lafayette, IN, 47909 with 5% annual appreciation on a $265,000 basis while $1,932/mo rent supports operations. Total monthly income totals $1,932/mo and a $1,297/mo payment preserves $341/mo for cash returns. Annual cash flow comes to $4,095/yr on $87,848 deployed, and return on cash invested reaches 24.57% in year one. Equity gained on principal adds $1,710/yr, and five-year appreciation sums $73,215 alongside rental yield of 8.75%. Five-year ROI measures 127.64% and total cumulative return in cash totals $112,131.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,932/mo property income versus a $1,297/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1975

0.50 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully maintained 3-bedroom, 1-bath bi-level home tucked away on a peaceful cul-de-sac in Lafayette. Sitting on a spacious half-acre lot, this property offers the perfect blend of comfort, space, and versatility. The home features a bright and inviting main level with well-kept living and dining spaces, a functional kitchen, and three comfortable bedrooms. The lower level offers additional flexibility, making it ideal for a second living area, home office, recreation space, or storage. Step outside and enjoy the expansive backyard, offering endless possibilities for gardening, play, entertaining, or future outdoor projects. The large lot provides both privacy and room to grow. Meticulously cared for and move-in ready, this property is a rare find, boasting a combination of excellent condition, ample space, and an ideal location. Dont miss your chance to make 20 Carolyn Court your new home!

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