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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 West Lafayette at 114 E Pine Ave, West Lafayette, IN, 47906 priced at $305,000 pairs $1,577/mo rent with after a $1,493/mo payment. Total monthly income equals $1,577/mo. Return on cash invested is 16.89% in year one, and rental yield stands at 6.2% on a $305,000 basis. Equity gained on principal adds $1,968/yr, and 5% annual appreciation accumulates to $84,266 by year five. Five-year ROI measures 86.41% and total cumulative return in cash reaches $87,370. For financing, Ziffy Mortgage’s DSCR program evaluates $1,577/mo property income against a $1,493/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1994
5,096 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47906, West Lafayette, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,475 (100%) |
| Owner Occupied HU | 12,026 (39.5%) |
| Renter Occupied HU | 15,431 (50.6%) |
| Vacant Housing Units | 3,018 ( 9.9%) |
| Median Home Value | $337,444 |
| Average Home Value | $371,802 |
Residential
28,098
Single Family
17,941
Multi-Family
10,157
Businesses
863
Date | Event | Price |
|---|---|---|
| 2025-07-21 | Sold | $305,000 |
| 2025-06-17 | Pending sale | $319,900 |
| 2025-06-11 | Listed for sale | $319,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-23 | $854.22 | 19.69% | $160,300 | 7.01% |
| 2023-10-23 | $713.68 | 19.69% | $149,800 | 17.31% |
| 2022-10-23 | $596.26 | -2.94% | $127,700 | 8.87% |
Listed by: Jill L Davis • BerkshireHathaway HS IN Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202522114
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.
