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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 Oak Ave, Lafayette, IN, 47905 earns $427/mo cash flow from $1,665/mo rent with a $1,003/mo payment. Total monthly income totals $1,665/mo, and annual cash flow totals $5,119/yr on $67,958 capital. ROI tracks 27.44% on current figures, and rental yield reads 9.75% at a $205,000 purchase. Equity gained on principal adds $1,323/yr, and 5% annual appreciation supports $56,638 over five years. Five-year ROI reaches 143.07% and total cumulative return in cash sums $97,230. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,665/mo property income instead of your personal income.
Single Family
Built in 1940
6,141 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 |
|---|---|---|
| 2025-05-23 | Listed for sale | $205,000 |
| 2024-11-28 | Listing removed | $194,500 |
| 2024-11-12 | Price change | $194,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-27 | $1799.76 | 13.21% | $93,800 | 4.45% |
| 2023-05-27 | $1589.72 | 314.18% | $89,800 | 13.38% |
| 2022-05-27 | $383.82 | 11.50% | $79,200 | 12.82% |
Listed by: Erin A Haynes • F.C. Tucker/Shook
Mls Name: IRMLS
Mls Provider:
Mls ID: #202519293
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.
