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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 Lafayette at 2007 Kingfisher Dr, Lafayette, IN, 47909 generates $2,173/mo in rent, after a $1,835/mo payment. Total monthly income is $2,173/mo. Return on cash invested sits at 18.84% in year one, and rental yield is 6.95% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 97.01% and total cumulative return in cash sums $120,591. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,173/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
0.35 Acres lot
$N/A/sqft
$399 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 |
|---|---|---|
| 2025-10-03 | Sold | $375,000 |
| 2025-09-05 | Pending sale | $380,000 |
| 2025-08-22 | Price change | $380,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-01 | $2844.00 | 16.61% | $301,300 | 5.94% |
| 2023-11-01 | $2439.00 | 8.64% | $284,400 | 16.61% |
| 2022-11-01 | $2245.00 | 8.04% | $243,900 | 8.64% |
What's Special
Pull Down Stairs,Storage
Listed by: Lonny Lawson • Keller Williams Lafayette
Mls Name: IRMLS
Mls Provider:
Mls ID: #202523347
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.
