2815 Three Meadows DrWest LafayetteIN47906
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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
Investment property for sale in West Lafayette at 2815 Three Meadows Dr, West Lafayette, IN, 47906 at $469,900 posts ROI 18.07% with from $2,582/mo rent. Total monthly income equals $2,582/mo. Return on cash invested measures 18.07% and rental yield reads 6.59% at the current $469,900. Equity gained on principal adds $3,032/yr, and 5% annual appreciation supports $129,825 by year five. Five-year ROI prints 92.75% and total cumulative return in cash totals $144,482. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,582/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2020
0.26 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
28,098
Single Family
17,941
Multi-Family
10,157
Businesses
863
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Listed by: Chris Thayer • REAL ESTATE NETWORK L.L.C
Mls Name: IRMLS
Mls Provider:
Mls ID: #202510928
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.