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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 West Lafayette at 1544 Shining Armor Ln, West Lafayette, IN, 47906 earns $63/mo cash flow from $1,893/mo rent with a $1,492/mo payment. Total monthly income totals $1,893/mo, and annual cash flow totals $757/yr on $101,074 capital. ROI tracks 20.66% on current figures, and rental yield reads 7.45% at a $304,900 purchase. Equity gained on principal adds $1,967/yr, and 5% annual appreciation supports $84,238 over five years. Five-year ROI reaches 106.65% and total cumulative return in cash sums $107,798. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,893/mo property income instead of your personal income.
Single Family
Built in 1999
1 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47906, West Lafayette, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,475 (100%) |
| Owner Occupied HU | 12,026 (39.5%) |
| Renter Occupied HU | 15,431 (50.6%) |
| Vacant Housing Units | 3,018 ( 9.9%) |
| Median Home Value | $337,444 |
| Average Home Value | $371,802 |
Residential
28,098
Single Family
17,941
Multi-Family
10,157
Businesses
863
Date | Event | Price |
|---|---|---|
| 2025-05-29 | Listed for sale | $304,900 |
| 2019-11-22 | Sold | $187,500 |
| 2019-10-18 | Listed for sale | $190,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-30 | $1572.32 | 20.50% | $255,100 | 8.69% |
| 2023-05-30 | $1304.80 | 22.96% | $234,700 | 22.24% |
| 2022-05-30 | $1061.18 | 14.76% | $192,000 | 13.14% |
Listed by: Julie R Boyce • Keller Williams Lafayette
Mls Name: IRMLS
Mls Provider:
Mls ID: #202519946
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.
