Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 3334 Hanover Dr, Lafayette, IN, 47909 earns $364/mo cash flow from $1,360/mo rent with a $661/mo payment. Total monthly income totals $1,360/mo, and annual cash flow totals $4,372/yr on $44,753 capital. ROI tracks 29.68% on current figures, and rental yield reads 12.09% at a $135,000 purchase. Equity gained on principal adds $871/yr, and 5% annual appreciation supports $37,298 over five years. Five-year ROI reaches 156.89% and total cumulative return in cash sums $70,213. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,360/mo property income instead of your personal income.
Condo
Built in 1975
N/A lot
$N/A/sqft
$185 monthly 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 |
|---|---|---|
| 2025-04-15 | Listed for sale | $135,000 |
| 2020-07-06 | Sold | $84,500 |
| 2020-05-29 | Listed for sale | $86,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-16 | $435.76 | 31.70% | $86,600 | 10.46% |
| 2022-04-16 | $330.88 | 13.03% | $78,400 | 21.55% |
| 2021-04-16 | $292.74 | 10.63% | $64,500 | N/A |
Listed by: Sherry Cole • Keller Williams Lafayette
Mls Name: IRMLS
Mls Provider:
Mls ID: #202512851
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.
