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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 3307 Secretariat Cir, West Lafayette, IN, 47906 generates $2,155/mo in rent, after a $2,300/mo payment. Total monthly income is $2,155/mo. Return on cash invested sits at 14.62% in year one, and rental yield is 5.5% on a $470,000 entry. Equity gained on principal adds $3,033/yr, while 5% annual appreciation builds toward $129,852 over five years. Five-year ROI reaches 74.3% and total cumulative return in cash sums $115,761. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,155/mo property income rather than buyer’s personal income.
Single Family
Built in 1998
0.56 Acres lot
$N/A/sqft
$250 annually 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 |
|---|---|---|
| 2025-06-26 | Listed for sale | $470,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-27 | $2041.08 | 8.59% | $315,600 | 6.05% |
| 2023-06-27 | $1879.60 | 12.82% | $297,600 | 13.94% |
| 2022-06-27 | $1666.08 | 8.34% | $261,200 | 6.79% |
Listed by: Bethany Raney • F.C. Tucker/Shook
Mls Name: IRMLS
Mls Provider:
Mls ID: #202524547
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.
