








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 30 Vernon Ln, Lafayette, IN, 47905 uses $89,505 cash to close to unlock $657/yr annual cash flow and $55/mo monthly cash flow. Total monthly income runs $1,676/mo, and a $1,322/mo payment keeps the spread at $55/mo. Purchase price stands at $270,000, and rental yield measures 7.45% with $1,676/mo rent. Return on cash invested shows 20.64% in year one, and 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 106.53% and total cumulative return in cash records $95,353. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,676/mo property income covering a $1,322/mo payment rather than investor’s personal income.
Single Family
Built in 1958
9,583 sqft 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: Tamara House • RE/MAX At The Crossing
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22075334