The Elmwood Plan, Chesapeake Pointe, Lafayette, IN, 47905 | 5.05% Rental Yield

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The Elmwood Plan, Chesapeake Pointe, Lafayette, IN, 47905 | 5.05% 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 The Elmwood Plan, Chesapeake Pointe, Lafayette, IN, 47905 earns from $2,569/mo rent with a $2,986/mo payment. Total monthly income totals $2,569/mo. ROI tracks 13.52% on current figures, and rental yield reads 5.05% at a $610,000 purchase. Equity gained on principal adds $3,936/yr, and 5% annual appreciation supports $168,532 over five years. Five-year ROI reaches 68.32% and total cumulative return in cash sums $137,107. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,569/mo property income instead of your personal income.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

Introducing The Elmwood, a beautifully designed four-bedroom home that blends spacious living with thoughtful luxury. Perfect for families, this plan offers ample room to grow and entertain, with elegant features that make every day feel special. Key Features: Welcoming Entryway: Step into an inviting and spacious entry that sets the tone for the open and airy layout of the home, seamlessly connecting you to the living areas. Open Living & Dining Spaces: The open-concept living room and dining area are ideal for both family gatherings and entertaining guests. With plenty of room to relax or host, this space is designed for making memories. Well-Appointed Kitchen with Wine Bar: The kitchen is the heart of The Elmwood, offering ample counter space and a large layout perfect for cooking and entertaining. Adjacent to the kitchen, you'll find a stylish wine bar, adding a touch of sophistication and convenience for hosting. Spacious Bedrooms: With four generously sized bedrooms, there's room for everyone. The master suite includes an ensuite bath and a large walk-in closet, offering a private retreat within the home. Outdoor Living: The covered rear patio is perfect for enjoying outdoor living, whether you're hosting a barbecue or relaxing with a good book. The Elmwood combines the best of modern living with luxury details, making it perfect for families who value both comfort and style.

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