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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 Lafayette at 3017 S 18th St, Lafayette, IN, 47909 earns $161/mo cash flow from $1,391/mo rent with a $1,003/mo payment. Total monthly income totals $1,391/mo, and annual cash flow totals $1,929/yr on $67,958 capital. ROI tracks 22.75% on current figures, and rental yield reads 8.14% at a $205,000 purchase. Equity gained on principal adds $1,323/yr, and 5% annual appreciation supports $56,638 over five years. Five-year ROI reaches 117.82% and total cumulative return in cash sums $80,070. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,391/mo property income instead of your personal income.
Single Family
Built in 1965
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47909, Lafayette, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,777 (100%) |
| Owner Occupied HU | 11,637 (62.0%) |
| Renter Occupied HU | 5,952 (31.7%) |
| Vacant Housing Units | 1,188 ( 6.3%) |
| Median Home Value | $237,746 |
| Average Home Value | $278,258 |
Residential
18,114
Single Family
16,603
Multi-Family
1,511
Businesses
463
Date | Event | Price |
|---|---|---|
| 2025-04-28 | Listed for sale | $205,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-30 | $932.38 | 55.47% | $121,200 | 14.23% |
| 2022-04-30 | $599.70 | 29.20% | $106,100 | 27.99% |
| 2021-04-30 | $464.16 | 5.36% | $82,900 | N/A |
Listed by: Mary Mason • BerkshireHathaway HS IN Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202514955
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.
