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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 2412 Apache Dr, Lafayette, IN, 47909 at $249,900 posts ROI 26.59% with $461/mo cash flow from $1,961/mo rent. Total monthly income equals $1,961/mo, and annual cash flow records $5,532/yr on $82,842 to close. Return on cash invested measures 26.59% and rental yield reads 9.42% at the current $249,900. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 by year five. Five-year ROI prints 138.47% and total cumulative return in cash totals $114,710.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,961/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1960
6,098 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 |
|---|---|---|
| 2024-11-22 | Sold | $249,900 |
| 2024-11-04 | Pending sale | $249,900 |
| 2024-11-01 | Price change | $249,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $1316.08 | 0.09% | $157,100 | 4.94% |
| 2023-10-24 | $1314.94 | 21.68% | $149,700 | 13.93% |
| 2022-10-24 | $1080.64 | 28.99% | $131,400 | 15.57% |
Listed by: Sharon Walter • Keller Williams Lafayette
Mls Name: IRMLS
Mls Provider:
Mls ID: #202436755
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.
