4654 Flagship Ln, Lafayette, IN, 47909 | 5.88% Rental Yield

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4654 Flagship Ln, Lafayette, IN, 47909 | 5.88% 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

Investment property for sale in Lafayette at 4654 Flagship Ln, Lafayette, IN, 47909 listed at $499,999 pairs $2,451/mo rent with a $2,447/mo payment. Total monthly income runs $2,451/mo. Return on cash invested measures 15.93% in year one, and rental yield registers 5.88% at a $499,999 basis. Equity gained on principal adds $3,226/yr, and annual property appreciation at 5% supports $138,141 by year five. Five-year ROI tracks 81.24% and total cumulative return in cash totals $134,647. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,451/mo property income relative to a $2,447/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2012

0.30 Acres lot

$N/A/sqft

No HOA

More details about the property

Step inside this one- owner immaculate home in the desirable Raineybrook subdivision. When you enter through the front door, you have a formal dining room to your right and an office/den adorned with wooden accents throughout, to the left. . New carpet has been installed through the entire home, along with a new water heater, remote controlled solar powered motorized blinds, and upgraded light fixtures in each room. Off of the kitchen is a sitting area with cork floors and ample windows for natural light. Laundry room is upstairs along with all four bedrooms. Bathroom in the primary suite has been fully renovated to have new shower and tile. You cant forget about the amazing covered patio in the backyard! This home is more than move in ready!

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