713 Lafayette AveLebanonIN46052








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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
Investment property for sale in Lebanon at 713 Lafayette Ave, Lebanon, IN, 46052 uses $56,322 cash to close to unlock $6,920/yr annual cash flow and $577/mo monthly cash flow. Total monthly income runs $1,597/mo, and a $832/mo payment keeps the spread at $577/mo. Purchase price stands at $169,900, and rental yield measures 11.28% with $1,597/mo rent. Return on cash invested shows 32.2% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 168.53% and total cumulative return in cash records $94,922. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,597/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in 1956
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46052, Lebanon, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,620 (100%) |
| Owner Occupied HU | 7,092 (66.8%) |
| Renter Occupied HU | 2,845 (26.8%) |
| Vacant Housing Units | 683 ( 6.4%) |
| Median Home Value | $249,031 |
| Average Home Value | $321,785 |
Housing Distribution
Address Breakdown
Residential
10,065
Single Family
9,322
Multi-Family
743
Businesses
800
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