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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 3440 Coventry Ln, Lafayette, IN, 47909 uses $85,494 cash to close to unlock $2,126/yr annual cash flow and $177/mo monthly cash flow. Total monthly income runs $1,725/mo, and a $1,262/mo payment keeps the spread at $177/mo. Purchase price stands at $257,900, and rental yield measures 8.03% with $1,725/mo rent. Return on cash invested shows 22.4% in year one, and 5% annual appreciation builds toward $71,253 over five years. Five-year ROI reaches 115.97% and total cumulative return in cash records $99,150. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,725/mo property income covering a $1,262/mo payment rather than investor’s personal income.
Single Family
Built in 1990
6,098 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 |
|---|---|---|
| 2025-04-02 | Listed for sale | $257,900 |
| 2022-10-07 | Sold | $203,000 |
| 2022-09-30 | Pending sale | $215,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-03 | $1677.00 | 15.02% | $187,200 | 11.36% |
| 2022-04-03 | $1458.00 | 13.42% | $168,100 | 14.98% |
| 2021-04-03 | $1285.54 | 15.29% | $146,200 | N/A |
Listed by: Yvette Alvizo • Trueblood Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202510971
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.
