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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 3508 Collier Dr, Lafayette, IN, 47905 at $426,900 posts ROI 16.5% with from $2,160/mo rent. Total monthly income equals $2,160/mo. Return on cash invested measures 16.5% and rental yield reads 6.07% at the current $426,900. Equity gained on principal adds $2,755/yr, and 5% annual appreciation supports $117,945 by year five. Five-year ROI prints 84.31% and total cumulative return in cash totals $119,317. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,160/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47905, Lafayette, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,630 (100%) |
| Owner Occupied HU | 10,991 (56.0%) |
| Renter Occupied HU | 7,333 (37.4%) |
| Vacant Housing Units | 1,306 ( 6.7%) |
| Median Home Value | $254,797 |
| Average Home Value | $312,191 |
Residential
18,720
Single Family
15,750
Multi-Family
2,970
Businesses
1,408
Date | Event | Price |
|---|---|---|
| 2025-07-25 | Sold | $426,900 |
| 2025-06-19 | Pending sale | $419,900 |
| 2024-09-03 | Listed for sale | $419,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
What's Special
Pull Down Stairs,Storage
Listed by: Kevin Weaver • F.C. Tucker/Shook
Mls Name: IRMLS
Mls Provider:
Mls ID: #202433757
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.
