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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 225 Cromwell Ct, Lafayette, IN, 47909 uses $87,848 cash to close to unlock $2,019/yr annual cash flow and $168/mo monthly cash flow. Total monthly income runs $1,759/mo, and a $1,297/mo payment keeps the spread at $168/mo. Purchase price stands at $265,000, and rental yield measures 7.97% with $1,759/mo rent. Return on cash invested shows 22.21% in year one, and 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 114.95% and total cumulative return in cash records $100,983. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,759/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Single Family
Built in 1998
7,840 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-10-06 | Sold | $265,000 |
| 2025-08-21 | Pending sale | $275,000 |
| 2025-08-04 | Price change | $275,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-21 | $1612.00 | 8.62% | $223,000 | 6.19% |
| 2023-10-21 | $1484.02 | 31.09% | $210,000 | 15.89% |
| 2022-10-21 | $1132.04 | 21.47% | $181,200 | 15.41% |
Listed by: Jill L Davis • BerkshireHathaway HS IN Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202528064
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.
