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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 2026 Mondavi Blvd, Lafayette, IN, 47909 priced at $435,000 pairs $2,750/mo rent with $96/mo cash flow after a $2,129/mo payment. Total monthly income equals $2,750/mo, and annual cash flow comes to $1,147/yr on $144,203 invested. Return on cash invested is 20.7% in year one, and rental yield stands at 7.59% on a $435,000 basis. Equity gained on principal adds $2,807/yr, and 5% annual appreciation accumulates to $120,182 by year five. Five-year ROI measures 107% and total cumulative return in cash reaches $154,296. For financing, Ziffy Mortgage’s DSCR program evaluates $2,750/mo property income against a $2,129/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2021
0.25 Acres lot
$N/A/sqft
$519 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 |
|---|---|---|
| 2025-03-18 | Listed for sale | $435,000 |
| 2022-05-26 | Sold | $395,000 |
| 2022-04-25 | Pending sale | $395,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-20 | $2497.70 | 83715.44% | $351,000 | 9.14% |
| 2022-03-20 | $2.98 | -76.68% | $321,600 | 40100.00% |
| 2021-03-20 | $12.78 | N/A | $800 | N/A |
Listed by: Cathy C Russell • @properties
Mls Name: IRMLS
Mls Provider:
Mls ID: #202508691
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.
