2733 Demmings Ct, West Lafayette, IN, 47906 | 6.31% Rental Yield

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2733 Demmings Ct, West Lafayette, IN, 47906 | 6.31% Rental Yield | 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 West Lafayette at 2733 Demmings Ct, West Lafayette, IN, 47906 offers a 6.31% rental yield on a $319,900 purchase with $1,682/mo rent. 21% in year one. Equity gained on principal adds $2,064/yr while 5% annual appreciation supports $88,382 over five years. Portfolio math shows five-year ROI at 88.15% and total cumulative return in cash at $93,476. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,682/mo property income against a $1,566/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 2004

6,577 sqft lot

$N/A/sqft

No HOA

More details about the property

Have you been searching for Carefree living? Wow!! This move-in ready condo has two large bedrooms, two full bathrooms and a home office or den which could also serve as a third bedroom. With roughly 1700 square feet of living space features all new carpet a large open floor plan boats lots of natural lighting, a gas fireplace, private enclosed patio plus an expansive open stamped concrete patio with beautifully lush landscaping. Newer roof in the last 6 years and water heater is less than 4 year old. You will love the low maintenance Carefree living in Brindon Woods; the HOA provides your lawn care, snow removal and trash pickup. Conveniently located close to restaurants, shopping and Purdue University. This is a must see, call today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 47906, West Lafayette, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	30,475 (100%)
Owner Occupied HU	12,026 (39.5%)
Renter Occupied HU	15,431 (50.6%)
Vacant Housing Units	3,018 ( 9.9%)
Median Home Value	$337,444
Average Home Value	$371,802