3435 Coventry Ln, Lafayette, IN, 47909 | $302/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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3435 Coventry Ln, Lafayette, IN, 47909 | $302/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 3435 Coventry Ln, Lafayette, IN, 47909 listed at $248,900 pairs $1,796/mo rent with a $1,218/mo payment to leave $302/mo cash flow. Total monthly income runs $1,796/mo, and annual cash flow reaches $3,626/yr on $82,510 cash to close. Return on cash invested measures 24.3% in year one, and rental yield registers 8.66% at a $248,900 basis. Equity gained on principal adds $1,606/yr, and annual property appreciation at 5% supports $68,766 by year five. Five-year ROI tracks 126.21% and total cumulative return in cash totals $104,137. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,796/mo property income relative to a $1,218/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1988

7,405 sqft lot

$N/A/sqft

No HOA

More details about the property

Join us for an Open House this Saturday, December 13th, from 24 PM! This beautifully refreshed 3-bedroom, 2-bath home offers the perfect blend of comfort and convenience on Lafayettes popular south side. Step inside to an easy-flow floorplan, highlighted by a roomy primary bedroom designed for relaxation. Outside, the spacious backyard provides endless potentialideal for gatherings, kids, pets, gardening, or simply enjoying the outdoors. Located near shopping, restaurants, Armstrong Park, and schools, this home is a fantastic fit for anyone seeking space and convenience in a friendly neighborhood.

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