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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 3404 Ingram Ct, Lafayette, IN, 47909 listed at $262,500 pairs $1,703/mo rent with a $1,285/mo payment to leave $127/mo cash flow. Total monthly income runs $1,703/mo, and annual cash flow reaches $1,525/yr on $87,019 cash to close. Return on cash invested measures 21.66% in year one, and rental yield registers 7.79% at a $262,500 basis. Equity gained on principal adds $1,694/yr, and annual property appreciation at 5% supports $72,524 by year five. Five-year ROI tracks 112.04% and total cumulative return in cash totals $97,498. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,703/mo property income relative to a $1,285/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1997
7,666 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 |
|---|---|---|
| 2025-04-10 | Listed for sale | $262,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-11 | $1679.38 | 15.21% | $192,400 | 15.21% |
| 2022-04-11 | $1457.64 | 9.41% | $167,000 | 15.33% |
| 2021-04-11 | $1332.28 | 13.67% | $144,800 | N/A |
Listed by: Kimberly Beazer • F.C. Tucker/Shook
Mls Name: IRMLS
Mls Provider:
Mls ID: #202512125
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.
