3554 Collier DrLafayetteIN47905
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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
Rental property for sale in Lafayette at 3554 Collier Dr, Lafayette, IN, 47905 priced at $529,900 pairs $2,569/mo rent with after a $2,594/mo payment. Total monthly income equals $2,569/mo. Return on cash invested is 15.59% in year one, and rental yield stands at 5.82% on a $529,900 basis. Equity gained on principal adds $3,419/yr, and 5% annual appreciation accumulates to $146,402 by year five. Five-year ROI measures 79.5% and total cumulative return in cash reaches $138,599. For financing, Ziffy Mortgage’s DSCR program evaluates $2,569/mo property income against a $2,594/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
0.32 Acres lot
$N/A/sqft
$450 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47905, Lafayette, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,630 (100%) |
| Owner Occupied HU | 10,991 (56.0%) |
| Renter Occupied HU | 7,333 (37.4%) |
| Vacant Housing Units | 1,306 ( 6.7%) |
| Median Home Value | $254,797 |
| Average Home Value | $312,191 |
Housing Distribution
Address Breakdown
Residential
18,720
Single Family
15,750
Multi-Family
2,970
Businesses
1,408
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Listed by: Kevin Weaver • F.C. Tucker/Shook
Mls Name: IRMLS
Mls Provider:
Mls ID: #202513077
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.