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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 2244 Sandpiper Ct S, West Lafayette, IN, 47906 offers a 7.54% rental yield on a $275,000 purchase with $1,729/mo rent. Total monthly income registers $1,729/mo, and a $1,346/mo payment leaves $60/mo available for distribution. Annual cash flow reaches $719/yr on $91,163 to close, and return on cash invested stands at 20.7% in year one. Equity gained on principal adds $1,775/yr while 5% annual appreciation supports $75,977 over five years. Portfolio math shows five-year ROI at 106.91% and total cumulative return in cash at $97,463. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,729/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
3,920 sqft lot
$N/A/sqft
$220 annually 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 |
|---|---|---|
| 2025-04-03 | Listed for sale | $275,000 |
| 2021-02-26 | Sold | $199,000 |
| 2020-11-10 | Listed for sale | $199,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-04 | $1706.64 | 8.33% | $192,900 | 9.73% |
| 2022-04-04 | $1575.36 | -46.78% | $175,800 | 10.29% |
| 2021-04-04 | $2960.00 | 4.37% | $159,400 | N/A |
Listed by: Jessica L Patton • RE/MAX At The Crossing
Mls Name: IRMLS
Mls Provider:
Mls ID: #202511063
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.
