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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 West Lafayette at 2489 Matchlock Ct, West Lafayette, IN, 47906 with 5% annual appreciation on a $450,000 basis while $3,536/mo rent supports operations. Total monthly income totals $3,536/mo and a $2,203/mo payment preserves $834/mo for cash returns. Annual cash flow comes to $10,011/yr on $149,175 deployed, and return on cash invested reaches 26.62% in year one. Equity gained on principal adds $2,904/yr, and five-year appreciation sums $124,327 alongside rental yield of 9.43%. Five-year ROI measures 138.61% and total cumulative return in cash totals $206,766.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,536/mo property income versus a $2,203/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2005
10,454 sqft 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Cathy C Russell • @properties
Mls Name: IRMLS
Mls ID: #202540257
