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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 2130 Ulen Ln, Lafayette, IN, 47904 offers a 9.42% rental yield on a $150,000 purchase with $1,177/mo rent. Total monthly income registers $1,177/mo, and a $734/mo payment leaves $277/mo available for distribution. Annual cash flow reaches $3,321/yr on $49,725 to close, and return on cash invested stands at 26.59% in year one. Equity gained on principal adds $968/yr while 5% annual appreciation supports $41,442 over five years. Portfolio math shows five-year ROI at 138.44% and total cumulative return in cash at $68,838. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,177/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
7,405 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 |
|---|---|---|
| 2025-09-15 | Sold | $150,000 |
| 2025-08-15 | Pending sale | $145,000 |
| 2025-08-11 | Listed for sale | $145,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-14 | $399.90 | -4.74% | $82,400 | 5.78% |
| 2023-10-14 | $419.78 | 9.91% | $77,900 | 12.25% |
| 2022-10-14 | $381.92 | 8.10% | $69,400 | 13.40% |
Listed by: Jenny Sarti • Raeco Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202531753
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.
