








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Lafayette at 4908 Chickadee Dr, Lafayette, IN, 47909 uses $158,789 cash to close to unlock $11,060/yr annual cash flow and $922/mo monthly cash flow. Total monthly income runs $3,857/mo, and a $2,344/mo payment keeps the spread at $922/mo. Purchase price stands at $479,000, and rental yield measures 9.66% with $3,857/mo rent. Return on cash invested shows 26.87% in year one, and 5% annual appreciation builds toward $132,339 over five years. Five-year ROI reaches 140.11% and total cumulative return in cash records $222,483. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,857/mo property income covering a $2,344/mo payment rather than investor’s personal income.
Single Family
Built in 1992
0.46 Acres lot
$N/A/sqft
$275 annually HOA
Neighborhood data shown for ZIP Code: 47909, Lafayette, IN area.
| 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 |
Residential
18,114
Single Family
16,603
Multi-Family
1,511
Businesses
463
Date | Event | Price |
|---|---|---|
| 2024-09-18 | Price change | $479,000 |
| 2024-07-16 | Listed for sale | $495,000 |
| 2020-09-25 | Sold | $302,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $4426.36 | 10.13% | $404,300 | 38.27% |
| 2022-10-15 | $4019.26 | 122.76% | $292,400 | 11.52% |
| 2021-10-15 | $1804.30 | 12.99% | $262,200 | N/A |



Listed by: Catherine Yeoman • Coldwell Banker Shook
Mls Name: IRMLS
Mls Provider:
Mls ID: #202426320
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.