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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% |
Rental property for sale in Lafayette at 268 Green St, Lafayette, IN, 47905 generates $1,459/mo in rent and, after a $881/mo payment, leaves $379/mo in cash flow. Total monthly income is $1,459/mo, and annual cash flow is $4,543/yr on $59,637 invested. Return on cash invested sits at 27.53% in year one, and rental yield is 9.73% on a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 143.48% and total cumulative return in cash sums $85,569. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,459/mo property income rather than buyer’s personal income.
Manufactured
Built in 1997
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47905, Lafayette, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,630 (100%) |
| Owner Occupied HU | 10,991 (56.0%) |
| Renter Occupied HU | 7,333 (37.4%) |
| Vacant Housing Units | 1,306 ( 6.7%) |
| Median Home Value | $254,797 |
| Average Home Value | $312,191 |
Residential
18,720
Single Family
15,750
Multi-Family
2,970
Businesses
1,408
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: Janet English • Keller Williams Lafayette
Mls Name: IRMLS
Mls ID: #202545063
