350 Limestone Ct W, Lafayette, IN, 47909 | $191/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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350 Limestone Ct W, Lafayette, IN, 47909 | $191/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

Rental property for sale in Lafayette at 350 Limestone Ct W, Lafayette, IN, 47909 offers $2,172/mo rent that, after a $1,615/mo payment, leaves $191/mo cash flow. Total monthly income is $2,172/mo, and annual cash flow is $2,295/yr on $109,395 cash. Return on cash invested measures 22.01% in year one, and rental yield stands at 7.9% at a $330,000 entry. Equity gained on principal adds $2,129/yr while 5% annual appreciation compounds into $91,173 by year five. Five-year ROI records 113.87% and total cumulative return in cash reaches $124,571. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,172/mo property income versus a $1,615/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 2020

0.25 Acres lot

$N/A/sqft

No HOA

More details about the property

Conveniently located just off Beck Lane on Lafayettes south side, this 3-bedroom, 2-bathroom home built in 2020 has been kept immaculately and offers comfort with modern upgrades throughout. Each bedroom is generously sized and includes a walk-in closet, providing ample storage and convenience. This home showcases builder upgrades galore including quartz countertops, a stylish backsplash, tile master shower, full glass front door, water softener, and an extended garage for extra space. Cozy up by the gas fireplace in the great room or step outside to your private backyard oasis, complete with a concrete patio and privacy fence. Practical details make this home even more appealing: no HOA fees, a well-designed floor plan, and a sought-after neighborhood with quick access to shopping, schools, dining, and commuting routes. This one checks all the boxes. Schedule your showing today!

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