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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 1869 Paloma Ct, Lafayette, IN, 47909 earns from $2,470/mo rent with a $2,496/mo payment. Total monthly income totals $2,470/mo. ROI tracks 15.52% on current figures, and rental yield reads 5.81% at a $510,000 purchase. Equity gained on principal adds $3,291/yr, and 5% annual appreciation supports $140,904 over five years. Five-year ROI reaches 79.16% and total cumulative return in cash sums $132,819. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,470/mo property income instead of your personal income.
Single Family
Built in 2018
0.32 Acres lot
$N/A/sqft
$519 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 |
|---|---|---|
| 2025-09-22 | Sold | $510,000 |
| 2025-08-19 | Pending sale | $515,000 |
| 2025-07-24 | Price change | $515,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-26 | $2897.10 | 8.64% | $395,200 | 5.25% |
| 2023-10-26 | $2666.68 | 8.17% | $375,500 | 10.44% |
| 2022-10-26 | $2465.32 | 5.52% | $340,000 | 7.66% |
What's Special
Storage
Listed by: Kelly Schreckengast • F.C. Tucker/Shook
Mls Name: IRMLS
Mls Provider:
Mls ID: #202522626
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.
