900 King St, Lafayette, IN, 47905 | 4.12% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

900 King St, Lafayette, IN, 47905 | 4.12% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
3 Bath
2407 sft

The Heritage Plan, Chesapeake Pointe, Lafayette, IN, 47905

4 Bed
4 Bath
3075 sft

The Elmwood Plan, Chesapeake Pointe, Lafayette, IN, 47905

4 Bed
2 Bath
2488 sft

Cedar Ridge Plan, Chesapeake Pointe, Lafayette, IN, 47905

4 Bed
4 Bath
3008 sft

The Maplebrook Plan, Chesapeake Pointe, Lafayette, IN, 47905

Nearby investment properties with comparable prices

6 Bed
5 Bath
4687 sft

775 N Admirals Pointe Dr, Lafayette, IN, 47909

Design/Build Custom Plan, Chesapeake Pointe

5 Bed
4 Bath
2700 sft

Design/Build Custom Plan, Chesapeake Pointe, Lafayette, IN, 47905

4 Bed
3 Bath
3307 sft

953 Ravenstone Dr, Lafayette, IN, 47909

5 Bed
5 Bath
3191 sft

2208 E State Road 28, Attica, IN, 47918

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Lafayette at 900 King St, Lafayette, IN, 47905 priced at $749,000 converts $2,569/mo rent into after a $3,666/mo obligation. Total monthly income equals $2,569/mo. Return on cash invested prints 10.68% in year one, and rental yield reads 4.12% against a $749,000 entry. Equity gained on principal adds $4,833/yr, while 5% annual appreciation compiles into $206,935 by year five. Five-year ROI reaches 53.04% and total cumulative return in cash sums $130,708. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,569/mo property income covering a $3,666/mo payment, not borrower’s personal income.

Single Family

Built in 1935

0.30 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to 900 King Street, an exceptional property located just one mile from downtown Main Street and across from the Lafayette Country Club. This stunning home has been meticulously cared for and renovated by the current owners for over two decades. The owners have worked diligently to preserve the propertys original historic features while modernizing it for today's luxury living. As you enter, you are welcomed by a grand foyer showcasing a striking tile floor with a marble inlay, elegant crown molding, and exquisite Mahogany doors. The living room continues to impress with its custom ceiling, hardwood floors, and hand-carved fireplace mantle. The formal dining room features French doors that open to the back patio, and the kitchen is a chef's dream, equipped with custom cabinetry, Miele appliances, granite countertops, and a large island with counter seating. The main level also includes a bedroom with an en-suite bath and a Library with custom built-ins and a window seat. Upstairs, discover four spacious bedrooms, including the owners suite, which boasts a jacuzzi tub, rain shower head, and two walk-in closets. The lower level offers a fantastic recreational room, perfect for movie nights or a game of foosball. Additional highlights of this remarkable home include a slate roof, copper gutters, Pella windows, and heated floors.. For a comprehensive list of features, please see the associated documents.

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