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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 West Lafayette at 2211 Wake Robin Dr, West Lafayette, IN, 47906 priced at $349,000 pairs $2,214/mo rent with $119/mo cash flow after a $1,708/mo payment. Total monthly income equals $2,214/mo, and annual cash flow comes to $1,430/yr on $115,694 invested. Return on cash invested is 21.15% in year one, and rental yield stands at 7.61% on a $349,000 basis. Equity gained on principal adds $2,252/yr, and 5% annual appreciation accumulates to $96,422 by year five. Five-year ROI measures 109.26% and total cumulative return in cash reaches $126,408. For financing, Ziffy Mortgage’s DSCR program evaluates $2,214/mo property income against a $1,708/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1989
10,105 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47906, West Lafayette, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,475 (100%) |
| Owner Occupied HU | 12,026 (39.5%) |
| Renter Occupied HU | 15,431 (50.6%) |
| Vacant Housing Units | 3,018 ( 9.9%) |
| Median Home Value | $337,444 |
| Average Home Value | $371,802 |
Residential
28,098
Single Family
17,941
Multi-Family
10,157
Businesses
863
Date | Event | Price |
|---|---|---|
| 2025-04-21 | Listed for sale | $349,000 |
| 2023-07-17 | Sold | $329,000 |
| 2023-06-08 | Pending sale | $329,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-22 | $1635.66 | 15.11% | $261,700 | 14.68% |
| 2022-04-22 | $1420.90 | 11.80% | $228,200 | 10.88% |
| 2021-04-22 | $1270.94 | 6.40% | $205,800 | N/A |
Listed by: Rebecca Fassnacht • Keller Williams Lafayette
Mls Name: IRMLS
Mls Provider:
Mls ID: #202513699
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.
