Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 2218 Wake Robin Dr, West Lafayette, IN, 47906 generates $2,076/mo in rent and, after a $1,542/mo payment, leaves $185/mo in cash flow. Total monthly income is $2,076/mo, and annual cash flow is $2,218/yr on $104,423 invested. Return on cash invested sits at 22.03% in year one, and rental yield is 7.91% on a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 113.99% and total cumulative return in cash sums $119,033. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,076/mo property income rather than buyer’s personal income.
Single Family
Built in 1989
10,454 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 |
|---|---|---|
| 2025-05-28 | Listed for sale | $315,000 |
| 2021-10-22 | Sold | $275,000 |
| 2021-09-24 | Pending sale | $269,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-29 | $1732.48 | 11.20% | $263,400 | 3.82% |
| 2023-05-29 | $1557.98 | 14.99% | $253,700 | 15.48% |
| 2022-05-29 | $1354.84 | 12.00% | $219,700 | 10.79% |
Listed by: Cathy C Russell • @properties
Mls Name: IRMLS
Mls Provider:
Mls ID: #202519882
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.
