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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 1906 N 15th St, Lafayette, IN, 47904 earns $654/mo cash flow from $1,952/mo rent with a $1,027/mo payment. Total monthly income totals $1,952/mo, and annual cash flow totals $7,844/yr on $69,582 capital. ROI tracks 31.18% on current figures, and rental yield reads 11.16% at a $209,900 purchase. Equity gained on principal adds $1,354/yr, and 5% annual appreciation supports $57,992 over five years. Five-year ROI reaches 163.3% and total cumulative return in cash sums $113,624. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,952/mo property income instead of your personal income.
Single Family
Built in 1925
6,882 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47904, Lafayette, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,604 (100%) |
| Owner Occupied HU | 3,116 (41.0%) |
| Renter Occupied HU | 3,885 (51.1%) |
| Vacant Housing Units | 603 ( 7.9%) |
| Median Home Value | $128,606 |
| Average Home Value | $188,435 |
Residential
7,166
Single Family
6,169
Multi-Family
997
Businesses
623
Date | Event | Price |
|---|---|---|
| 2025-08-27 | Sold | $209,900 |
| 2025-08-13 | Pending sale | $209,900 |
| 2025-07-10 | Price change | $209,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-30 | $2205.88 | 10.85% | $148,800 | 35.03% |
| 2023-10-30 | $1990.00 | 10.07% | $110,200 | 9.98% |
| 2022-10-30 | $1808.00 | 0.22% | $100,200 | 9.99% |
Listed by: Gregory Sporre • Keller Williams Lafayette
Mls Name: IRMLS
Mls Provider:
Mls ID: #202523148
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.
