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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 2340 N 20th St, Lafayette, IN, 47904 earns $297/mo cash flow from $1,948/mo rent with a $1,346/mo payment. Total monthly income totals $1,948/mo, and annual cash flow totals $3,567/yr on $91,163 capital. ROI tracks 23.82% on current figures, and rental yield reads 8.5% at a $275,000 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 123.62% and total cumulative return in cash sums $112,691. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,948/mo property income instead of your personal income.
Single Family
Built in 1920
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47904, Lafayette, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,604 (100%) |
| Owner Occupied HU | 3,116 (41.0%) |
| Renter Occupied HU | 3,885 (51.1%) |
| Vacant Housing Units | 603 ( 7.9%) |
| Median Home Value | $128,606 |
| Average Home Value | $188,435 |
Residential
7,166
Single Family
6,169
Multi-Family
997
Businesses
623
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Tamara L Foley • F.C. Tucker/Shook
Mls Name: IRMLS
Mls ID: #202539990
