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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 1155 Camelback Blvd, West Lafayette, IN, 47906 generates $1,734/mo in rent, after a $1,493/mo payment. Total monthly income is $1,734/mo. Return on cash invested sits at 15.91% in year one, and rental yield is 6.82% on a $305,000 entry. Equity gained on principal adds $1,968/yr, while 5% annual appreciation builds toward $84,266 over five years. Five-year ROI reaches 82.19% and total cumulative return in cash sums $83,098. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,734/mo property income rather than buyer’s personal income.
Condo
Built in 1985
2,613 sqft lot
$N/A/sqft
$240 monthly 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 |
|---|---|---|
| 2025-06-17 | Sold | $305,000 |
| 2025-05-19 | Pending sale | $307,900 |
| 2025-05-15 | Price change | $307,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-20 | $2194.40 | 4.32% | $215,200 | 7.28% |
| 2023-10-20 | $2103.60 | 14.68% | $200,600 | 12.51% |
| 2022-10-20 | $1834.40 | 9.53% | $178,300 | 13.86% |
Listed by: Julie R Boyce • Keller Williams Lafayette
Mls Name: IRMLS
Mls Provider:
Mls ID: #202516666
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.
