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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 2313 Bennett Rd, Lafayette, IN, 47909 at $349,000 posts ROI 26.58% with $643/mo cash flow from $2,738/mo rent. Total monthly income equals $2,738/mo, and annual cash flow records $7,718/yr on $115,694 to close. Return on cash invested measures 26.58% and rental yield reads 9.41% at the current $349,000. Equity gained on principal adds $2,252/yr, and 5% annual appreciation supports $96,422 by year five. Five-year ROI prints 138.41% and total cumulative return in cash totals $160,128.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,738/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1968
10,454 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 |
|---|---|---|
| 2024-10-01 | Price change | $349,000 |
| 2024-09-23 | Listed for sale | $369,000 |
| 2020-12-03 | Sold | $207,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $2178.00 | 9.61% | $247,500 | 13.64% |
| 2022-10-15 | $1987.00 | 3.11% | $217,800 | 9.61% |
| 2021-10-15 | $1927.00 | 7.06% | $198,700 | N/A |
Listed by: Thomas Albregts • Keller Williams Lafayette
Mls Name: IRMLS
Mls Provider:
Mls ID: #202436806
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.
