2733 Chilton DrLafayetteIN47909
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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
Rental property for sale in Lafayette at 2733 Chilton Dr, Lafayette, IN, 47909 priced at $264,000 converts $2,368/mo rent into $762/mo cash flow after a $1,292/mo obligation. Total monthly income equals $2,368/mo, and annual cash flow totals $9,146/yr on $87,516 invested. Return on cash invested prints 30.36% in year one, and rental yield reads 10.76% against a $264,000 entry. Equity gained on principal adds $1,704/yr, while 5% annual appreciation compiles into $72,938 by year five. Five-year ROI reaches 158.78% and total cumulative return in cash sums $138,961. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,368/mo property income covering a $1,292/mo payment, not borrower’s personal income.
Single Family
Built in 2006
4,181 sqft lot
$N/A/sqft
$255 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: Eric Seymour • BerkshireHathaway HS IN Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202509376
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.