3524 Lafayette PkwyFloyds KnobsIN47119
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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 Floyds Knobs at 3524 Lafayette Pkwy, Floyds Knobs, IN, 47119 with 5% annual appreciation on a $707,600 basis while $3,857/mo rent supports operations. 84% in year one. Equity gained on principal adds $4,566/yr, and five-year appreciation sums $195,497 alongside rental yield of 6.54%. Five-year ROI measures 91.53% and total cumulative return in cash totals $213,074. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,857/mo property income versus a $3,463/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2004
0.37 Acres lot
$N/A/sqft
$41 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47119, Floyds Knobs, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,705 (100%) |
| Owner Occupied HU | 4,175 (88.7%) |
| Renter Occupied HU | 368 ( 7.8%) |
| Vacant Housing Units | 162 ( 3.4%) |
| Median Home Value | $402,736 |
| Average Home Value | $442,299 |
Housing Distribution
Address Breakdown
Residential
4,687
Single Family
4,687
Multi-Family
0
Businesses
308
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Listed by: N/A • N/A
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