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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 2104 N 18th St, Lafayette, IN, 47904 uses $54,698 cash to close to unlock $5,083/yr annual cash flow and $424/mo monthly cash flow. Total monthly income runs $1,495/mo, and a $808/mo payment keeps the spread at $424/mo. Purchase price stands at $165,000, and rental yield measures 10.87% with $1,495/mo rent. Return on cash invested shows 29.2% in year one, and 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 153.11% and total cumulative return in cash records $83,747. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,495/mo property income covering a $808/mo payment rather than investor’s personal income.
Single Family
Built in 1922
5,662 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 |
|---|---|---|
| 2025-07-10 | Sold | $165,000 |
| 2025-06-13 | Pending sale | $169,900 |
| 2025-06-10 | Listed for sale | $169,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-04 | $2336.00 | 223.98% | $126,800 | 8.56% |
| 2023-11-04 | $721.04 | 33.63% | $116,800 | 20.04% |
| 2022-11-04 | $539.56 | 22.66% | $97,300 | 15.56% |
Listed by: Kimberly Beazer • F.C. Tucker/Shook
Mls Name: IRMLS
Mls Provider:
Mls ID: #202518606
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.
