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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 3619 Thornhill Cir W, Lafayette, IN, 47909 offers a 4.73% rental yield on a $310,000 purchase with $1,223/mo rent. 61% in year one. Equity gained on principal adds $2,000/yr while 5% annual appreciation supports $85,647 over five years. Portfolio math shows five-year ROI at 58.43% and total cumulative return in cash at $60,043. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,223/mo property income against a $1,517/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1997
0.34 Acres 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 |
|---|---|---|
| 2025-07-28 | Sold | $310,000 |
| 2025-07-11 | Pending sale | $320,000 |
| 2025-07-08 | Listed for sale | $320,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-13 | $3446.78 | -0.03% | $208,300 | 20.96% |
| 2023-10-13 | $3447.94 | 3.95% | $172,200 | N/A |
| 2022-10-13 | $3316.86 | 11.95% | $172,200 | 3.99% |
Listed by: Lauren J Alexander • Keller Williams Lafayette
Mls Name: IRMLS
Mls Provider:
Mls ID: #202526255
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.
