4373 Dockside Dr, Lafayette, IN, 47905 | 5.69% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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4373 Dockside Dr, Lafayette, IN, 47905 | 5.69% Rental Yield | 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 4373 Dockside Dr, Lafayette, IN, 47905 priced at $439,900 pairs $2,085/mo rent with after a $2,153/mo payment. Total monthly income equals $2,085/mo. Return on cash invested is 15.34% in year one, and rental yield stands at 5.69% on a $439,900 basis. Equity gained on principal adds $2,839/yr, and 5% annual appreciation accumulates to $121,536 by year five. Five-year ROI measures 78.1% and total cumulative return in cash reaches $113,895. For financing, Ziffy Mortgage’s DSCR program evaluates $2,085/mo property income against a $2,153/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 2025

0.28 Acres lot

$N/A/sqft

No HOA

More details about the property

Stunning new construction by Citation Homes! Located in the desirable Chesapeake Pointe Subdivision, within the established Raineybrook Community. This home combines quality craftsmanship with modern design and everyday functionality! Welcome to this thoughtfully designed ranch-style home featuring a bright and open floor plan with 3 spacious bedrooms and 2 full bathrooms. The seamless flow between the kitchen, dining, and living areas creates a welcoming space perfect for entertaining or relaxing with family. The heart of the home is the stylish kitchen, which features sleek finishes, a large center island, a built-in coffee bar, and ample cabinet space-making it a functional and inviting space for both daily life and entertaining. The private owner's suite includes a full en-suite bathroom and generous walk-in closet, while two additional bedrooms offer flexibility for guests, home office needs, or hobbies. Built with durability and energy efficiency in mind, this home features 2x6 exterior walls, ensuring better insulation and long-term value. Located in a growing community with convenient access to local amenities, this Citation Homes masterpiece offers timeless style, comfort, and luxury-all on one easy-living level!

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