211 Berwick Dr, Lafayette, IN, 47909 | $587/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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211 Berwick Dr, Lafayette, IN, 47909 | $587/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

Rental property for sale in Lafayette at 211 Berwick Dr, Lafayette, IN, 47909 generates $2,628/mo in rent and, after a $1,664/mo payment, leaves $587/mo in cash flow. Total monthly income is $2,628/mo, and annual cash flow is $7,046/yr on $112,710 invested. Return on cash invested sits at 26.16% in year one, and rental yield is 9.28% on a $340,000 entry. Equity gained on principal adds $2,194/yr, while 5% annual appreciation builds toward $93,936 over five years. Five-year ROI reaches 136.16% and total cumulative return in cash sums $153,462. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,628/mo property income rather than buyer’s personal income.

Single Family

Built in 1995

0.29 Acres lot

$N/A/sqft

No HOA

More details about the property

Spacious. Private. Move-In Ready. Tucked at the end of a quiet cul-de-sac with no through traffic, this clean and move-in ready home offers more space than you'd expect both inside and out. With four nicely sized bedrooms, 2.5 baths, and a layout that lives larger than the listed 2,100 square feet, theres room for everyone to spread out. The location hits a sweet spot: just a 5-minute walk to McCutcheon High School, and only a straight 5-minute drive up 231 to Purdue. You're close to everything, but still out of the busy parts of town and on Lafayettes much desired south side. Fresh paint, new flooring, and a flexible floor plan mean no updates needed just move in and enjoy. Theres a cozy fireplace ready for the winter months, two separate living areas, and a formal dining room that could double as a home office or main-level bedroom. Out back, the yard offers privacy and plenty of space to play, relax, or entertain. A shed adds extra storage for tools, bikes, or whatever doesnt quite fit inside. Heated garage for the handy person. Its not just move-in ready its ready to feel like 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