








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 2306 Temple Ct E, West Lafayette, IN, 47906 generates $2,184/mo in rent and, after a $1,566/mo payment, leaves $242/mo in cash flow. Total monthly income is $2,184/mo, and annual cash flow is $2,907/yr on $106,080 invested. Return on cash invested sits at 22.65% in year one, and rental yield is 8.19% on a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 117.4% and total cumulative return in cash sums $124,539. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,184/mo property income rather than buyer’s personal income.
Single Family
Built in 1998
0.25 Acres 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 |
|---|---|---|
| 2025-02-03 | Sold | $320,000 |
| 2025-01-17 | Pending sale | $318,900 |
| 2024-12-28 | Listed for sale | $318,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $2910.14 | 130.64% | $192,200 | 2.56% |
| 2023-10-24 | $1261.78 | 27.15% | $187,400 | N/A |
| 2022-10-24 | $992.38 | 15.18% | $187,400 | 15.68% |



Listed by: Mary Holtz • Indiana Integrity REALTORS
Mls Name: IRMLS
Mls Provider:
Mls ID: #202448172
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.