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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Lafayette at 1008 Beck Ln, Lafayette, IN, 47909 generates $1,535/mo in rent and, after a $905/mo payment, leaves $398/mo in cash flow. Total monthly income is $1,535/mo, and annual cash flow is $4,772/yr on $61,294 invested. Return on cash invested sits at 27.69% in year one, and rental yield is 9.96% on a $184,900 entry. Equity gained on principal adds $1,193/yr, while 5% annual appreciation builds toward $51,084 over five years. Five-year ROI reaches 144.55% and total cumulative return in cash sums $88,603. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,535/mo property income rather than buyer’s personal income.
Single Family
Built in 1953
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47909, Lafayette, IN area.
| 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 |
Residential
18,114
Single Family
16,603
Multi-Family
1,511
Businesses
463
Date | Event | Price |
|---|---|---|
| 2025-08-01 | Listed for sale | $184,900 |
| 2025-07-23 | Listing removed | $184,900 |
| 2025-06-25 | Listed for sale | $184,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-03 | $1863.50 | 13.35% | $94,600 | 1.61% |
| 2023-08-03 | $1644.00 | 13.54% | $93,100 | 12.71% |
| 2022-08-03 | $1448.00 | 24.61% | $82,600 | 13.46% |
Listed by: Mary Holtz • Indiana Integrity REALTORS
Mls Name: IRMLS
Mls Provider:
Mls ID: #202530300
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
