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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 West Lafayette at 1809 N Salisbury St, West Lafayette, IN, 47906 generates $3,263/mo in rent, after a $3,607/mo payment. Total monthly income is $3,263/mo. Return on cash invested sits at 13.87% in year one, and rental yield is 5.31% on a $737,000 entry. Equity gained on principal adds $4,756/yr, while 5% annual appreciation builds toward $203,620 over five years. Five-year ROI reaches 70.35% and total cumulative return in cash sums $170,572. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,263/mo property income rather than buyer’s personal income.
Single Family
Built in 2015
0.30 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 |
|---|---|---|
| 2025-06-20 | Listed for sale | $737,000 |
| 2023-11-28 | Sold | $689,500 |
| 2023-11-27 | Pending sale | $699,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-23 | $7196.12 | 10.61% | $628,800 | 5.22% |
| 2023-06-23 | $6506.12 | N/A | $597,600 | 12.08% |
| 2022-06-23 | $6506.12 | 1.98% | $533,200 | N/A |
Listed by: Heather Roth • F.C. Tucker/Shook
Mls Name: IRMLS
Mls Provider:
Mls ID: #202523736
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.
