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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 1414 S 14th St, Lafayette, IN, 47905 listed at $210,000 pairs $1,633/mo rent with a $1,028/mo payment to leave $372/mo cash flow. Total monthly income runs $1,633/mo, and annual cash flow reaches $4,467/yr on $69,615 cash to close. Return on cash invested measures 26.33% in year one, and rental yield registers 9.33% at a $210,000 basis. Equity gained on principal adds $1,355/yr, and annual property appreciation at 5% supports $58,019 by year five. Five-year ROI tracks 137.06% and total cumulative return in cash totals $95,416. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,633/mo property income relative to a $1,028/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1925
10,018 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 |
|---|---|---|
| 2024-10-16 | Sold | $210,000 |
| 2024-09-16 | Listed for sale | $215,000 |
| 2024-09-09 | Pending sale | $215,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $1188.38 | 334.51% | $146,800 | 4.41% |
| 2023-10-24 | $273.50 | 2.00% | $140,600 | 14.68% |
| 2022-10-24 | $268.14 | 2.00% | $122,600 | 13.41% |
Listed by: Daphne Potts • F.C. Tucker/Shook
Mls Name: IRMLS
Mls Provider:
Mls ID: #202434346
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.
