7004 State Road 26 E, Lafayette, IN, 47905 | $499/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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7004 State Road 26 E, Lafayette, IN, 47905 | $499/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

Investment property for sale in Lafayette at 7004 State Road 26 E, Lafayette, IN, 47905 listed at $209,000 pairs $1,754/mo rent with a $1,023/mo payment to leave $499/mo cash flow. Total monthly income runs $1,754/mo, and annual cash flow reaches $5,992/yr on $69,284 cash to close. Return on cash invested measures 28.56% in year one, and rental yield registers 10.07% at a $209,000 basis. Equity gained on principal adds $1,349/yr, and annual property appreciation at 5% supports $57,743 by year five. Five-year ROI tracks 149.02% and total cumulative return in cash totals $103,250. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,754/mo property income relative to a $1,023/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Manufactured

Built in 1999

0.49 Acres lot

$N/A/sqft

No HOA

More details about the property

Nestled on a serene half-acre, this well-maintained manufactured home offers the perfect blend of space, style, and scenery. Step into the open-concept living area, where a cozy fireplace anchors the roomideal for relaxing evenings or entertaining guests. With three spacious bedrooms and two full baths, theres room for everyone to spread out and feel at home. The kitchen is a dream for any home chef, featuring ample counter space and abundant cabinetry to keep everything organized and within reach. Outside, a new oversized deck invites you to soak in the peaceful country views, surrounded by mature fruit trees that add both beauty and bounty.

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