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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 West Lafayette at 312 Highland Dr, West Lafayette, IN, 47906 at $299,900 posts ROI 16.56% with from $1,785/mo rent. Total monthly income equals $1,785/mo. Return on cash invested measures 16.56% and rental yield reads 7.14% at the current $299,900. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 by year five. Five-year ROI prints 85.79% and total cumulative return in cash totals $85,288. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,785/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
0.29 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 |
|---|---|---|
| 2025-05-07 | Listed for sale | $299,900 |
| 2024-06-13 | Listing removed | N/A |
| 2024-04-03 | Listed for rent | $2,300 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-05-08 | $5628.76 | 12.99% | $237,500 | N/A |
| 2022-05-08 | $4981.74 | N/A | $237,500 | 12.99% |
| 2021-05-08 | $4981.74 | 7.30% | $210,200 | N/A |
Listed by: Stacy R Grove • @properties
Mls Name: IRMLS
Mls Provider:
Mls ID: #202516360
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.
