5 Goldersgreen DrLafayetteIN47905
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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
Rental property for sale in Lafayette at 5 Goldersgreen Dr, Lafayette, IN, 47905 priced at $333,000 pairs $2,382/mo rent with $371/mo cash flow after a $1,630/mo payment. Total monthly income equals $2,382/mo, and annual cash flow comes to $4,455/yr on $110,390 invested. Return on cash invested is 23.94% in year one, and rental yield stands at 8.58% on a $333,000 basis. Equity gained on principal adds $2,149/yr, and 5% annual appreciation accumulates to $92,002 by year five. Five-year ROI measures 124.31% and total cumulative return in cash reaches $137,225. For financing, Ziffy Mortgage’s DSCR program evaluates $2,382/mo property income against a $1,630/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1991
10,018 sqft lot
$N/A/sqft
$140 annually HOA
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 |
Housing Distribution
Address Breakdown
Residential
18,720
Single Family
15,750
Multi-Family
2,970
Businesses
1,408
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Listed by: Neil C Hatten • Keller Williams Lafayette
Mls Name: IRMLS
Mls Provider:
Mls ID: #202512281
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.