701 Kossuth St, Lafayette, IN, 47905 | 6.32% Rental Yield

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701 Kossuth St, Lafayette, IN, 47905 | 6.32% 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

Rental property for sale in Lafayette at 701 Kossuth St, Lafayette, IN, 47905 offers $4,135/mo rent that, after a $3,842/mo payment. Total monthly income is $4,135/mo. Return on cash invested measures 17.38% in year one, and rental yield stands at 6.32% at a $785,000 entry. Equity gained on principal adds $5,065/yr while 5% annual appreciation compounds into $216,881 by year five. Five-year ROI records 88.99% and total cumulative return in cash reaches $229,838. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,135/mo property income versus a $3,842/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1920

0.27 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to your dream home in the desirable Highland Park neighborhood. This beautifully updated home offers generous living spaces, perfect for entertaining or relaxing with family. Step inside to find a spacious formal living and dining area, ideal for gatherings of any size. The gourmet kitchen has been thoughtfully renovated, featuring modern finishes and ample storage. Upstairs, youll find four generously sized bedrooms and a versatile loft area with custom built-insperfect for a home office or study space. The luxurious primary suite offers a spa-like ensuite with a double vanity, large walk-in shower, and a freestanding soaking tub. The partially finished basement provides additional flexibility, including a dedicated bonusroom, laundry area, and a cozy flex space currently used as a wine cellar. Outside, enjoy year-round comfort with a screened-in patio complete with a fireplace and an outdoor kitchen ready for summer grilling. This exceptional home is a rare opportunity in Highland Parkschedule your showing today!

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