Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 1501 Stoneripple Cir, Lafayette, IN, 47909 listed at $305,000 pairs $1,695/mo rent with a $1,493/mo payment. Total monthly income runs $1,695/mo. Return on cash invested measures 18.16% in year one, and rental yield registers 6.67% at a $305,000 basis. Equity gained on principal adds $1,968/yr, and annual property appreciation at 5% supports $84,266 by year five. Five-year ROI tracks 93.27% and total cumulative return in cash totals $94,306. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,695/mo property income relative to a $1,493/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1999
0.26 Acres lot
$N/A/sqft
$140 annually HOA
Neighborhood data shown for ZIP Code: 47909, Lafayette, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,777 (100%) |
| Owner Occupied HU | 11,637 (62.0%) |
| Renter Occupied HU | 5,952 (31.7%) |
| Vacant Housing Units | 1,188 ( 6.3%) |
| Median Home Value | $237,746 |
| Average Home Value | $278,258 |
Residential
18,114
Single Family
16,603
Multi-Family
1,511
Businesses
463
Date | Event | Price |
|---|---|---|
| 2025-09-12 | Sold | $305,000 |
| 2025-08-09 | Pending sale | $294,900 |
| 2025-08-01 | Price change | $294,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-25 | $1595.16 | 2.00% | $240,000 | 12.78% |
| 2023-10-25 | $1563.88 | 2.00% | $212,800 | 12.95% |
| 2022-10-25 | $1533.22 | 2.00% | $188,400 | 7.23% |
Listed by: Janet English • Keller Williams Lafayette
Mls Name: IRMLS
Mls Provider:
Mls ID: #202528864
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.
