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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 1990 Klondike Rd, West Lafayette, IN, 47906 offers $2,185/mo rent that, after a $1,738/mo payment, leaves $54/mo cash flow. Total monthly income is $2,185/mo, and annual cash flow is $642/yr on $117,683 cash. Return on cash invested measures 20.45% in year one, and rental yield stands at 7.39% at a $355,000 entry. Equity gained on principal adds $2,291/yr while 5% annual appreciation compounds into $98,080 by year five. Five-year ROI records 105.54% and total cumulative return in cash reaches $124,200. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,185/mo property income versus a $1,738/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
0.37 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 |
|---|---|---|
| 2025-04-08 | Listed for sale | $355,000 |
| 2018-05-10 | Sold | $215,000 |
| 2018-02-09 | Price change | $220,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-10 | $1861.76 | 21.18% | $294,300 | 18.34% |
| 2022-04-10 | $1536.32 | 14.54% | $248,700 | 13.35% |
| 2021-04-10 | $1341.30 | 9.14% | $219,400 | N/A |
What's Special
Pull Down Stairs,Storage
Listed by: Scott Fultz • Real Broker, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202511858
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.
