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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% |
Rental property for sale in Lafayette at 354 Kettle Cir, Lafayette, IN, 47905 offers $2,160/mo rent that, after a $1,542/mo payment, leaves $254/mo cash flow. Total monthly income is $2,160/mo, and annual cash flow is $3,051/yr on $104,423 cash. Return on cash invested measures 22.83% in year one, and rental yield stands at 8.23% at a $315,000 entry. Equity gained on principal adds $2,033/yr while 5% annual appreciation compounds into $87,029 by year five. Five-year ROI records 118.37% and total cumulative return in cash reaches $123,605. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,160/mo property income versus a $1,542/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2012
8,712 sqft lot
$N/A/sqft
$175 annually 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 |
|---|---|---|
| 2025-05-31 | Listed for sale | $315,000 |
| 2022-06-21 | Sold | $275,000 |
| 2022-05-13 | Pending sale | $263,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-02 | $2333.38 | 14.62% | $244,800 | 5.97% |
| 2023-06-02 | $2035.70 | 5.79% | $231,000 | 14.98% |
| 2022-06-02 | $1924.30 | 8.95% | $200,900 | 5.96% |
Listed by: Heather Roth • F.C. Tucker/Shook
Mls Name: IRMLS
Mls Provider:
Mls ID: #202520451
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.
