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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% |
Investment property for sale in Lafayette at 1190 Voyager Way, Lafayette, IN, 47909 earns from $2,836/mo rent with a $2,442/mo payment. Total monthly income totals $2,836/mo. ROI tracks 18.76% on current figures, and rental yield reads 6.82% at a $499,000 purchase. Equity gained on principal adds $3,220/yr, and 5% annual appreciation supports $137,865 over five years. Five-year ROI reaches 96.39% and total cumulative return in cash sums $159,450. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,836/mo property income instead of your personal income.
Single Family
Built in 2001
2.45 Acres 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 |
|---|---|---|
| 2021-06-30 | Sold | $425,000 |
| 2021-05-03 | Pending sale | $369,900 |
| 2021-04-29 | Listed for sale | $369,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-03 | $2228.50 | 3.43% | $314,800 | 10.42% |
| 2022-04-03 | $2154.68 | 10.72% | $285,100 | 6.06% |
| 2021-04-03 | $1946.02 | 5.87% | $268,800 | N/A |
Listed by: Lauren J Alexander • Keller Williams Lafayette
Mls Name: IRMLS
Mls Provider:
Mls ID: #202510908
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.
