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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 2579 Nottingham Pl, West Lafayette, IN, 47906 with 5% annual appreciation on a $379,000 basis while $2,960/mo rent supports operations. Total monthly income totals $2,960/mo and a $1,855/mo payment preserves $685/mo for cash returns. Annual cash flow comes to $8,219/yr on $125,639 deployed, and return on cash invested reaches 26.45% in year one. Equity gained on principal adds $2,446/yr, and five-year appreciation sums $104,711 alongside rental yield of 9.37%. Five-year ROI measures 137.68% and total cumulative return in cash totals $172,979.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,960/mo property income versus a $1,855/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1970
0.42 Acres 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 |
|---|---|---|---|---|
| 2023-03-29 | $1429.38 | 11.75% | $205,600 | 2.34% |
| 2022-03-29 | $1279.08 | 4.84% | $200,900 | 5.90% |
| 2021-03-29 | $1220.04 | 8.36% | $189,700 | N/A |
Listed by: Connie E Wilson • Weichert Realtors Len Wilson
Mls Name: IRMLS
Mls Provider:
Mls ID: #202510333
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.
