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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 2130 Stillwell St, Lafayette, IN, 47904 generates $1,198/mo in rent and, after a $761/mo payment, leaves $265/mo in cash flow. Total monthly income is $1,198/mo, and annual cash flow is $3,176/yr on $51,548 invested. Return on cash invested sits at 26.07% in year one, and rental yield is 9.25% on a $155,500 entry. Equity gained on principal adds $1,003/yr, while 5% annual appreciation builds toward $42,962 over five years. Five-year ROI reaches 135.66% and total cumulative return in cash sums $69,929. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,198/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
6,098 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Spencer Childers • Keller Williams Lafayette
Mls Name: IRMLS
Mls ID: #202531874
