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% |
Rental property for sale in West Lafayette at 3349 Reed St, West Lafayette, IN, 47906 priced at $330,000 converts $2,110/mo rent into $63/mo cash flow after a $1,615/mo obligation. Total monthly income equals $2,110/mo, and annual cash flow totals $750/yr on $109,395 invested. Return on cash invested prints 20.59% in year one, and rental yield reads 7.67% against a $330,000 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation compiles into $91,173 by year five. Five-year ROI reaches 106.54% and total cumulative return in cash sums $116,555. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,110/mo property income covering a $1,615/mo payment, not borrower’s personal income.
Single Family
Built in 2006
0.25 Acres lot
$N/A/sqft
$240 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 |
|---|---|---|
| 2025-06-10 | Sold | $330,000 |
| 2025-05-07 | Pending sale | $344,900 |
| 2025-05-06 | Price change | $344,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-08 | $3298.44 | 0.12% | $245,600 | 12.30% |
| 2023-10-08 | $3294.50 | 19.00% | $218,700 | N/A |
| 2022-10-08 | $2768.56 | 4.46% | $218,700 | 14.98% |
Listed by: John Townsend • Trueblood Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202515323
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.
