The Fayette Plan, Montgomery FarmsLapelIN46051
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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 Lapel at The Fayette Plan, Montgomery Farms, Lapel, IN, 46051 listed at $369,900 pairs $2,159/mo rent with a $1,810/mo payment. Total monthly income runs $2,159/mo. Return on cash invested measures 19.12% in year one, and rental yield registers 7% at a $369,900 basis. Equity gained on principal adds $2,387/yr, and annual property appreciation at 5% supports $102,197 by year five. Five-year ROI tracks 98.47% and total cumulative return in cash totals $120,742. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,159/mo property income relative to a $1,810/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2026
N/A lot
$N/A/sqft
$20 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46051, Lapel, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,213 (100%) |
| Owner Occupied HU | 900 (74.2%) |
| Renter Occupied HU | 233 (19.2%) |
| Vacant Housing Units | 80 ( 6.6%) |
| Median Home Value | $202,358 |
| Average Home Value | $233,233 |
Housing Distribution
Address Breakdown
Residential
840
Single Family
840
Multi-Family
0
Businesses
102
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