Condo Investment Properties for Sale in Lafayette, IN

Property at 1748 Skyline Rd, Lafayette, IN
Listed for sale 4 days ago
$ 415,000
ROI
22.6ROI percentage
Cash Flow/m
Dollar sign329
  • 4 Bed
  • 3 Bath
  • 2820 sft
1748 Skyline Rd, Lafayette, IN, 47905
Property at 3501 Creek Rdg, Lafayette, IN
Listed for sale 6 days ago
$ 339,900
ROI
21.3ROI percentage
Cash Flow/m
Dollar sign146
  • 2 Bed
  • 2 Bath
  • 1860 sft
3501 Creek Rdg, Lafayette, IN, 47905
Property at 3219 Hanover Dr, Lafayette, IN
$ 145,000
ROI
21.3ROI percentage
Cash Flow/m
Dollar sign64
  • 2 Bed
  • 1 Bath
  • 896 sft
3219 Hanover Dr, Lafayette, IN, 47909
Property at 626 N 5th St, Lafayette, IN
$ 299,000
ROI
27.4ROI percentage
Cash Flow/m
Dollar sign635
  • 3 Bed
  • 3 Bath
  • 1748 sft
626 N 5th St, Lafayette, IN, 47901

Why Invest in Lafayette, Indiana?

Lafayette, IN offers strong investment potential in the condo market, driven by Purdue University's stable student demand. Average rents around $1,300 support solid cash flows with cap rates near 7%. The area's 7% annual appreciation outpaces national averages. Proximity to manufacturing jobs from Caterpillar and Subaru adds rental stability. Multifamily construction surge signals growing housing needs.

9.5%
Avg. ROI
6.8%
Rental Yield
7.2%
Cap Rate
$850/mo
Avg. Cash Flow
$1286/mo
Avg. Rent
7.1%
1Y Appreciation

Frequently Asked Questions

Yes, proximity to Purdue University drives year-round demand from 45,000 students facing housing shortages. Condos offer low-maintenance investing with average rents of $1,300. High occupancy exceeds 95% near campus.

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