908 Rainbow Ct, Lafayette, IN, 47901 | 4.66% Rental Yield

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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

Total monthly income runs $2,040/mo, and a $2,569/mo payment. Purchase price stands at $524,900, and rental yield measures 4.66% with $2,040/mo rent. Return on cash invested shows 12.34% in year one, and 5% annual appreciation builds toward $145,020 over five years. Five-year ROI reaches 62% and total cumulative return in cash records $107,065. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,040/mo property income covering a $2,569/mo payment rather than investor’s personal income.

Single Family

Built in 2005

6,969 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 47901, Lafayette, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,754 (100%)
Owner Occupied HU	418 (15.2%)
Renter Occupied HU	1,979 (71.9%)
Vacant Housing Units	357 (13.0%)
Median Home Value	$206,098
Average Home Value	$258,678