4440 N Candlewick LnWest LafayetteIN47906
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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 West Lafayette at 4440 N Candlewick Ln, West Lafayette, IN, 47906 uses $92,157 cash to close to unlock $59/yr annual cash flow and $5/mo monthly cash flow. Total monthly income runs $1,674/mo, and a $1,361/mo payment keeps the spread at $5/mo. Purchase price stands at $278,000, and rental yield measures 7.23% with $1,674/mo rent. Return on cash invested shows 19.97% in year one, and 5% annual appreciation builds toward $76,806 over five years. Five-year ROI reaches 102.94% and total cumulative return in cash records $94,865. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,674/mo property income covering a $1,361/mo payment rather than investor’s personal income.
Single Family
Built in 2004
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47906, West Lafayette, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,475 (100%) |
| Owner Occupied HU | 12,026 (39.5%) |
| Renter Occupied HU | 15,431 (50.6%) |
| Vacant Housing Units | 3,018 ( 9.9%) |
| Median Home Value | $337,444 |
| Average Home Value | $371,802 |
Housing Distribution
Address Breakdown
Residential
28,098
Single Family
17,941
Multi-Family
10,157
Businesses
863
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Listed by: Qiuju S Zhang • Sweet Home Realty
Mls Name: IRMLS
Mls ID: #202532189