953 Ravenstone Dr, Lafayette, IN, 47909 | 4.35% Rental Yield

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953 Ravenstone Dr, Lafayette, IN, 47909 | 4.35% 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

Investment property for sale in Lafayette at 953 Ravenstone Dr, Lafayette, IN, 47909 listed at $659,900 pairs $2,394/mo rent with a $3,230/mo payment. Total monthly income runs $2,394/mo. Return on cash invested measures 11.4% in year one, and rental yield registers 4.35% at a $659,900 basis. Equity gained on principal adds $4,258/yr, and annual property appreciation at 5% supports $182,318 by year five. Five-year ROI tracks 56.92% and total cumulative return in cash totals $123,578. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,394/mo property income relative to a $3,230/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2025

0.31 Acres lot

$N/A/sqft

No HOA

More details about the property

Introducing The Charleston by Brookhaven Homes: Where Open Living Meets Luxurious Design! Step into The Charleston, a meticulously designed home plan that seamlessly blends expansive open-concept living with sophisticated architectural details. This stunning residence offers a warm and inviting atmosphere, perfectly suited for any lifestyle here in Lafayette. A large upstairs bonus room awaits, ready to adapt to all your recreational needs! The heart of this home is the chef-inspired kitchen with a grand, oversized island an entertainer's dream and a culinary enthusiast's delight, perfect for casual meals, elaborate food preparation, and gathering with loved ones. Enjoy a seamless open floor plan that creates an exceptional sense of space and flow throughout the home. The thoughtfully curated open layout ensures every room feels remarkably large and connected, ideal for both intimate evenings and vibrant social gatherings. Retreat to your luxurious master bedroom, enhanced by breathtaking cathedral ceilings. The Charleston offers the perfect synergy of modern style, abundant space, and unparalleled comfort. If you're seeking a home that embodies contemporary living with exquisite, timeless touches in the Lafayette area, this is it. Ready to experience the beauty and functionality of The Charleston firsthand? Schedule your showing today and discover how you can make this exceptional home your very own dream residence in Lafayette!

Neighborhood Data

Neighborhood data shown for ZIP Code: 47909, Lafayette, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	18,777 (100%)
Owner Occupied HU	11,637 (62.0%)
Renter Occupied HU	5,952 (31.7%)
Vacant Housing Units	1,188 ( 6.3%)
Median Home Value	$237,746
Average Home Value	$278,258