Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Lafayette at 117 S 26th St, Lafayette, IN, 47904 offers a 19.29% rental yield on a $110,000 purchase with $1,768/mo rent. Total monthly income registers $1,768/mo, and a $538/mo payment leaves $996/mo available for distribution. Annual cash flow reaches $11,948/yr on $36,465 to close, and return on cash invested stands at 52.68% in year one. Equity gained on principal adds $710/yr while 5% annual appreciation supports $30,391 over five years. Portfolio math shows five-year ROI at 279.69% and total cumulative return in cash at $101,988. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,768/mo property income against a $538/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1890
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47904, Lafayette, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,604 (100%) |
| Owner Occupied HU | 3,116 (41.0%) |
| Renter Occupied HU | 3,885 (51.1%) |
| Vacant Housing Units | 603 ( 7.9%) |
| Median Home Value | $128,606 |
| Average Home Value | $188,435 |
Residential
7,166
Single Family
6,169
Multi-Family
997
Businesses
623
Date | Event | Price |
|---|---|---|
| 2024-11-19 | Listing removed | $200,000 |
| 2024-10-14 | Listed for sale | $200,000 |
| 2024-09-30 | Pending sale | $200,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $2262.00 | N/A | $113,100 | N/A |
| 2023-10-24 | $2262.00 | 7.00% | $113,100 | N/A |
| 2022-10-24 | $2114.00 | 30.01% | $113,100 | 7.00% |
Listed by: Calvin Dykhuizen • Keller Williams Lafayette
Mls Name: IRMLS
Mls Provider:
Mls ID: #202341692
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.
