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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 1300 Shenandoah Dr, Lafayette, IN, 47905 listed at $152,000 pairs $1,632/mo rent with a $744/mo payment to leave $717/mo cash flow. Total monthly income runs $1,632/mo, and annual cash flow reaches $8,606/yr on $50,388 cash to close. Return on cash invested measures 36.99% in year one, and rental yield registers 12.88% at a $152,000 basis. Equity gained on principal adds $981/yr, and annual property appreciation at 5% supports $41,995 by year five. Five-year ROI tracks 194.28% and total cumulative return in cash totals $97,894. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,632/mo property income relative to a $744/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2011
8,276 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 |
|---|---|---|
| 2025-10-06 | Listing removed | N/A |
| 2025-09-18 | Price change | $229,999 |
| 2025-09-16 | Listed for sale | $260,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-19 | $1289.74 | -4.39% | $152,000 | 2.36% |
| 2023-10-19 | $1349.00 | 6.47% | $148,500 | 10.08% |
| 2022-10-19 | $1267.00 | 33.82% | $134,900 | 6.47% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
