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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% |
Rental property for sale in Lafayette at 2320 Rogers St, Lafayette, IN, 47905 generates $1,461/mo in rent and, after a $857/mo payment, leaves $375/mo in cash flow. Total monthly income is $1,461/mo, and annual cash flow is $4,500/yr on $58,013 invested. Return on cash invested sits at 27.67% in year one, and rental yield is 10.02% on a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 144.56% and total cumulative return in cash sums $83,863. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,461/mo property income rather than buyer’s personal income.
Single Family
Built in 1912
5,898 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47905, Lafayette, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,630 (100%) |
| Owner Occupied HU | 10,991 (56.0%) |
| Renter Occupied HU | 7,333 (37.4%) |
| Vacant Housing Units | 1,306 ( 6.7%) |
| Median Home Value | $254,797 |
| Average Home Value | $312,191 |
Residential
18,720
Single Family
15,750
Multi-Family
2,970
Businesses
1,408
Date | Event | Price |
|---|---|---|
| 2025-05-22 | Listed for sale | $175,000 |
| 2017-03-03 | Sold | $52,000 |
| 2016-11-16 | Price change | $59,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-23 | $1872.00 | 17.29% | $101,400 | 8.33% |
| 2023-05-23 | $1596.00 | 13.51% | $93,600 | 17.29% |
| 2022-05-23 | $1406.00 | 13.02% | $79,800 | 13.51% |
Listed by: Miguel Lagunes • Keller Williams Lafayette
Mls Name: IRMLS
Mls Provider:
Mls ID: #202519016
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.
