910 Greenwich RdLafayetteIN47905
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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 Lafayette at 910 Greenwich Rd, Lafayette, IN, 47905 uses $71,273 cash to close to unlock $7,317/yr annual cash flow and $610/mo monthly cash flow. Total monthly income runs $1,900/mo, and a $1,052/mo payment keeps the spread at $610/mo. Purchase price stands at $215,000, and rental yield measures 10.6% with $1,900/mo rent. Return on cash invested shows 30.17% in year one, and 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 157.64% and total cumulative return in cash records $112,357. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,900/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Single Family
Built in 2023
6,098 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
18,720
Single Family
15,750
Multi-Family
2,970
Businesses
1,408
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