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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 1745 Mill Pond Ln, Lafayette, IN, 47905 at $319,900 posts ROI 16.64% with from $1,907/mo rent. Total monthly income equals $1,907/mo. Return on cash invested measures 16.64% and rental yield reads 7.15% at the current $319,900. Equity gained on principal adds $2,064/yr, and 5% annual appreciation supports $88,382 by year five. Five-year ROI prints 86.23% and total cumulative return in cash totals $91,448. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,907/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2003
3,136 sqft lot
$N/A/sqft
$400 quarterly 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 |
|---|---|---|
| 2025-06-26 | Sold | $319,900 |
| 2025-06-02 | Pending sale | $319,900 |
| 2025-05-21 | Price change | $319,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-20 | $4358.00 | 11.34% | $233,600 | 7.21% |
| 2023-10-20 | $3914.00 | 6.71% | $217,900 | 11.34% |
| 2022-10-20 | $3668.00 | 108.41% | $195,700 | 6.71% |
Listed by: Thomas Albregts • Keller Williams Lafayette
Mls Name: IRMLS
Mls Provider:
Mls ID: #202516685
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.
