4678 Beringer Dr, Lafayette, IN, 47909 | $193/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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4678 Beringer Dr, Lafayette, IN, 47909 | $193/mo Cash Flow | 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 4678 Beringer Dr, Lafayette, IN, 47909 priced at $369,900 pairs $2,413/mo rent with $193/mo cash flow after a $1,810/mo payment. Total monthly income equals $2,413/mo, and annual cash flow comes to $2,316/yr on $122,622 invested. Return on cash invested is 21.8% in year one, and rental yield stands at 7.83% on a $369,900 basis. Equity gained on principal adds $2,387/yr, and 5% annual appreciation accumulates to $102,197 by year five. Five-year ROI measures 112.75% and total cumulative return in cash reaches $138,262. For financing, Ziffy Mortgage’s DSCR program evaluates $2,413/mo property income against a $1,810/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 2021

0.25 Acres lot

$N/A/sqft

No HOA

More details about the property

HICKORY RIDGE! What a wonderful opportunity to own an almost 2000 square-foot ranch in the desirable Hickory Ridge Estates on Lafayettes southside. This custom designed 3 bed 2 1/2 bath ranch with den was built in 2021 with lots of thought and attention to detail. This open concept floor plan offers an abundant amount of space for all needs. The kitchen offers solid surface countertops, built-in double oven, convection cooktop with additional matching stainless steel appliances, functional kitchen island also a cozy breakfast nook/dinning area that leads to the large covered porch. Separating the split bedroom floor plan you will find a large great room with cathedral ceilings and fireplace. In the master area, you will find a large walk-in closet off of the master bath that includes marble twin vanity sinks also a custom walk-in tile shower. This home was designed with an absorbent amount of electrical upgrades inside and out, custom accent lighting is an understatement. Dont miss out modern farmhouse design and Darling of an opportunity!

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