








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 252 Elston Rd, Lafayette, IN, 47909 at $375,000 posts ROI 21.59% with $174/mo cash flow from $2,425/mo rent. Total monthly income equals $2,425/mo, and annual cash flow records $2,092/yr on $124,313 to close. Return on cash invested measures 21.59% and rental yield reads 7.76% at the current $375,000. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 by year five. Five-year ROI prints 111.65% and total cumulative return in cash totals $138,795.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,425/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2016
1.09 Acres 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 |
|---|---|---|
| 2025-04-25 | Listed for sale | $375,000 |
| 2019-12-13 | Sold | $295,000 |
| 2019-11-04 | Listed for sale | $289,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-26 | $2747.00 | 10.99% | $315,600 | 14.76% |
| 2022-04-26 | $2475.00 | 4.30% | $275,000 | 10.98% |
| 2021-04-26 | $2373.00 | 10.89% | $247,800 | N/A |



Listed by: Cara McLean-Rolfes • Trueblood Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202514475
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.