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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% |
Total monthly income runs $2,933/mo, and a $2,839/mo payment. Purchase price stands at $580,000, and rental yield measures 6.07% with $2,933/mo rent. Return on cash invested shows 16.61% in year one, and 5% annual appreciation builds toward $160,243 over five years. Five-year ROI reaches 84.89% and total cumulative return in cash records $161,985. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,933/mo property income covering a $2,839/mo payment rather than investor’s personal income.
Single Family
Built in 1957
1.75 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-08-12 | Sold | $580,000 |
| 2025-06-20 | Pending sale | $580,000 |
| 2025-06-15 | Listed for sale | $580,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-28 | $2234.14 | 3.65% | $323,300 | 7.30% |
| 2023-10-28 | $2155.44 | 20.89% | $301,300 | 12.59% |
| 2022-10-28 | $1782.96 | 10.71% | $267,600 | 16.96% |
Listed by: Catherine Yeoman • Nightingale Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202522839
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.
