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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 1201 S 14th St, Lafayette, IN, 47905 earns $893/mo cash flow from $2,364/mo rent with a $1,199/mo payment. Total monthly income totals $2,364/mo, and annual cash flow totals $10,722/yr on $81,218 capital. ROI tracks 33.11% on current figures, and rental yield reads 11.58% at a $245,000 purchase. Equity gained on principal adds $1,581/yr, and 5% annual appreciation supports $67,689 over five years. Five-year ROI reaches 173.42% and total cumulative return in cash sums $140,844. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,364/mo property income instead of your personal income.
Single Family
Built in 1915
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47905, Lafayette, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,630 (100%) |
| Owner Occupied HU | 10,991 (56.0%) |
| Renter Occupied HU | 7,333 (37.4%) |
| Vacant Housing Units | 1,306 ( 6.7%) |
| Median Home Value | $254,797 |
| Average Home Value | $312,191 |
Residential
18,720
Single Family
15,750
Multi-Family
2,970
Businesses
1,408
Date | Event | Price |
|---|---|---|
| 2024-12-05 | Sold | $245,000 |
| 2024-11-17 | Pending sale | $254,900 |
| 2024-11-05 | Price change | $254,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $1701.72 | 6.16% | $186,800 | 3.43% |
| 2023-10-24 | $1603.00 | 15.99% | $180,600 | 12.66% |
| 2022-10-24 | $1382.00 | 23.59% | $160,300 | 15.99% |
Listed by: Tim Meyers • Trueblood Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202439617
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.
