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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 188 Blueberry Ln, West Lafayette, IN, 47906 priced at $379,900 pairs $2,525/mo rent with $245/mo cash flow after a $1,859/mo payment. Total monthly income equals $2,525/mo, and annual cash flow comes to $2,939/yr on $125,937 invested. Return on cash invested is 22.24% in year one, and rental yield stands at 7.98% on a $379,900 basis. Equity gained on principal adds $2,451/yr, and 5% annual appreciation accumulates to $104,959 by year five. Five-year ROI measures 115.1% and total cumulative return in cash reaches $144,953. For financing, Ziffy Mortgage’s DSCR program evaluates $2,525/mo property income against a $1,859/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1959
0.39 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 |
|---|---|---|
| 2024-10-22 | Sold | $379,900 |
| 2024-09-05 | Listed for sale | $379,900 |
| 2017-11-01 | Sold | $208,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $1872.54 | 13.35% | $281,800 | 4.02% |
| 2023-10-24 | $1651.98 | 21.81% | $270,900 | 17.68% |
| 2022-10-24 | $1356.14 | 11.54% | $230,200 | 13.18% |
Listed by: Peyton Hurst • Trueblood Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202434076
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.
