2436 Silverado Cir, Lafayette, IN, 47909 | $145/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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2436 Silverado Cir, Lafayette, IN, 47909 | $145/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 2436 Silverado Cir, Lafayette, IN, 47909 uses $111,881 cash to close to unlock $1,739/yr annual cash flow and $145/mo monthly cash flow. Total monthly income runs $2,171/mo, and a $1,652/mo payment keeps the spread at $145/mo. Purchase price stands at $337,500, and rental yield measures 7.72% with $2,171/mo rent. Return on cash invested shows 21.46% in year one, and 5% annual appreciation builds toward $93,245 over five years. Five-year ROI reaches 110.93% and total cumulative return in cash records $124,105. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,171/mo property income covering a $1,652/mo payment rather than investor’s personal income.

Condo

Built in 2006

N/A lot

$N/A/sqft

No HOA

More details about the property

A rare opportunity in coveted Ravenswood on the southeast side of Lafayette, this beautiful two-bedroom, two-full-bathroom condo has all the amenities. An open floor plan on 1,712 sq. ft., the home offers plenty of space, with the first bedroom adjacent to the vaulted-ceiling great room, with an extra sun room and den (which could double as an extra guest room) nearby. And all on the convenience of a single floor. This is low-maintenance living made easy. Among the highlights: Newer flooring (carpeting and planks), refrigerator and dishwasher, along with garage heating and fan, with zoned HVAC.

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