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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 West Lafayette at 2730 Newman Rd, West Lafayette, IN, 47906 generates $2,640/mo in rent, after a $2,442/mo payment. Total monthly income is $2,640/mo. Return on cash invested sits at 17.33% in year one, and rental yield is 6.35% on a $499,000 entry. Equity gained on principal adds $3,220/yr, while 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 88.77% and total cumulative return in cash sums $146,838. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,640/mo property income rather than buyer’s personal income.
Single Family
Built in 1958
1.78 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 |
|---|---|---|
| 2025-05-28 | Listed for sale | $499,000 |
| 2010-08-04 | Sold | $230,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-29 | $2015.86 | 6.21% | $296,300 | 3.75% |
| 2023-05-29 | $1898.04 | 23.14% | $285,600 | 11.74% |
| 2022-05-29 | $1541.36 | 9.42% | $255,600 | 14.67% |
What's Special
Pull Down Stairs,Storage
Listed by: Kathy McDowell • F.C. Tucker/Shook
Mls Name: IRMLS
Mls Provider:
Mls ID: #202519850
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.
