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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 1310 Hart St, Lafayette, IN, 47904 uses $64,643 cash to close to unlock $1,138/yr annual cash flow and $95/mo monthly cash flow. Total monthly income runs $1,265/mo, and a $954/mo payment keeps the spread at $95/mo. Purchase price stands at $195,000, and rental yield measures 7.78% with $1,265/mo rent. Return on cash invested shows 21.67% in year one, and 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 112.05% and total cumulative return in cash records $72,430. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,265/mo property income covering a $954/mo payment rather than investor’s personal income.
Single Family
Built in 1949
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 |
|---|---|---|
| 2025-05-06 | Listed for sale | $195,000 |
| 2025-04-01 | Listing removed | $180,000 |
| 2025-03-25 | Price change | $180,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-05-07 | $1373.38 | 15.42% | $77,300 | 15.89% |
| 2022-05-07 | $1189.88 | 10.03% | $66,700 | 16.61% |
| 2021-05-07 | $1081.38 | 7.38% | $57,200 | N/A |
Listed by: Stacy R Grove • @properties
Mls Name: IRMLS
Mls Provider:
Mls ID: #202516117
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.
