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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 2155 Fieldstone Dr, Lafayette, IN, 47909 uses $147,517 cash to close to unlock $1,254/yr annual cash flow and $105/mo monthly cash flow. Total monthly income runs $2,819/mo, and a $2,178/mo payment keeps the spread at $105/mo. Purchase price stands at $444,999, and rental yield measures 7.6% with $2,819/mo rent. Return on cash invested shows 20.76% in year one, and 5% annual appreciation builds toward $122,945 over five years. Five-year ROI reaches 107.29% and total cumulative return in cash records $158,276. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,819/mo property income covering a $2,178/mo payment rather than investor’s personal income.
Single Family
Built in 2012
0.33 Acres lot
$N/A/sqft
$519 annually 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 |
|---|---|---|
| 2024-08-16 | Price change | $444,999 |
| 2024-07-09 | Listed for sale | $449,999 |
| 2012-05-11 | Sold | $244,633 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $2258.02 | 8.56% | $318,900 | 7.92% |
| 2022-10-15 | $2080.04 | 5.70% | $295,500 | 7.77% |
| 2021-10-15 | $1967.92 | 9.62% | $274,200 | N/A |
What's Special
Storage
Listed by: Emily Cary • Keller Williams Realty Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202425293
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.
