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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 2049 Kossuth St, Lafayette, IN, 47905 with 5% annual appreciation on a $274,500 basis while $2,116/mo rent supports operations. Total monthly income totals $2,116/mo and a $1,344/mo payment preserves $468/mo for cash returns. Annual cash flow comes to $5,613/yr on $90,997 deployed, and return on cash invested reaches 26.08% in year one. Equity gained on principal adds $1,771/yr, and five-year appreciation sums $75,839 alongside rental yield of 9.25%. Five-year ROI measures 135.68% and total cumulative return in cash totals $123,466.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,116/mo property income versus a $1,344/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1863
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47905, Lafayette, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,630 (100%) |
| Owner Occupied HU | 10,991 (56.0%) |
| Renter Occupied HU | 7,333 (37.4%) |
| Vacant Housing Units | 1,306 ( 6.7%) |
| Median Home Value | $254,797 |
| Average Home Value | $312,191 |
Residential
18,720
Single Family
15,750
Multi-Family
2,970
Businesses
1,408
Date | Event | Price |
|---|---|---|
| 2025-02-06 | Sold | $274,500 |
| 2025-01-11 | Pending sale | $279,900 |
| 2024-12-16 | Price change | $279,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $1229.44 | -5.35% | $155,000 | 7.79% |
| 2023-10-24 | $1298.94 | 15.64% | $143,800 | 9.85% |
| 2022-10-24 | $1123.28 | 152.09% | $130,900 | 11.88% |
Listed by: Alec Williams • Heartland Concept Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202446747
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.
