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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% |
Rental property for sale in Lafayette at 1725 Shortridge Dr, Lafayette, IN, 47905 generates $1,815/mo in rent and, after a $1,052/mo payment, leaves $525/mo in cash flow. Total monthly income is $1,815/mo, and annual cash flow is $6,298/yr on $71,239 invested. Return on cash invested sits at 28.75% in year one, and rental yield is 10.13% on a $214,900 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,373 over five years. Five-year ROI reaches 150.01% and total cumulative return in cash sums $106,866. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,815/mo property income rather than buyer’s personal income.
Single Family
Built in 1952
5,967 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Reagan Geswein • Lafayette Listing Realty LLC
Mls Name: IRMLS
Mls ID: #202547654
