Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 2628 Grosbeak Ln, West Lafayette, IN, 47906 offers a 11.4% rental yield on a $345,000 purchase with $3,278/mo rent. Total monthly income registers $3,278/mo, and a $1,689/mo payment leaves $1,207/mo available for distribution. Annual cash flow reaches $14,479/yr on $114,368 to close, and return on cash invested stands at 32.57% in year one. Equity gained on principal adds $2,226/yr while 5% annual appreciation supports $95,317 over five years. Portfolio math shows five-year ROI at 170.5% and total cumulative return in cash at $194,992. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,278/mo property income against a $1,689/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
10,018 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 |
|---|---|---|
| 2025-09-12 | Sold | $345,000 |
| 2025-08-18 | Pending sale | $349,900 |
| 2025-08-05 | Price change | $349,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-15 | $1841.02 | 7.15% | $272,000 | 1.72% |
| 2023-10-15 | $1718.12 | 18.65% | $267,400 | 12.54% |
| 2022-10-15 | $1448.10 | 8.61% | $237,600 | 11.03% |
What's Special
Storage
Listed by: Doug Browning • Keller Williams Lafayette
Mls Name: IRMLS
Mls Provider:
Mls ID: #202526861
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.
