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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 2011 Thompson St, Lafayette, IN, 47904 uses $99,450 cash to close to unlock $6,690/yr annual cash flow and $558/mo monthly cash flow. Total monthly income runs $2,358/mo, and a $1,468/mo payment keeps the spread at $558/mo. Purchase price stands at $300,000, and rental yield measures 9.43% with $2,358/mo rent. Return on cash invested shows 26.64% in year one, and 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 138.69% and total cumulative return in cash records $137,928. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,358/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 1930
6,490 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 |
|---|---|---|
| 2025-10-16 | Sold | $300,000 |
| 2025-09-22 | Pending sale | $299,900 |
| 2025-09-17 | Listed for sale | $299,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-20 | $1605.46 | 6.89% | $189,100 | 9.24% |
| 2023-10-20 | $1502.00 | 132.08% | $173,100 | 15.25% |
| 2022-10-20 | $647.20 | 78.56% | $150,200 | 15.98% |
Listed by: Katrina Feitz • Century 21 The Lueken Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202537608
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.
