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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 West Lafayette at 2220 Bobolink Dr, West Lafayette, IN, 47906 listed at $314,500 pairs $1,851/mo rent with a $1,539/mo payment. Total monthly income runs $1,851/mo. Return on cash invested measures 19.49% in year one, and rental yield registers 7.06% at a $314,500 basis. Equity gained on principal adds $2,029/yr, and annual property appreciation at 5% supports $86,891 by year five. Five-year ROI tracks 100.36% and total cumulative return in cash totals $104,632. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,851/mo property income relative to a $1,539/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
10,018 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 |
|---|---|---|
| 2025-06-26 | Listed for sale | $314,500 |
| 2011-08-17 | Sold | $156,500 |
| 2011-05-26 | Listed for sale | $159,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-27 | $1506.22 | 5.92% | $236,000 | 3.74% |
| 2023-06-27 | $1422.00 | 18.79% | $227,500 | 10.87% |
| 2022-06-27 | $1197.04 | 8.67% | $205,200 | 10.62% |
Listed by: Julie R Boyce • Keller Williams Lafayette
Mls Name: IRMLS
Mls Provider:
Mls ID: #202524620
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.
