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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 3710 George Washington Rd, Lafayette, IN, 47909 earns $407/mo cash flow from $1,697/mo rent with a $1,052/mo payment. Total monthly income totals $1,697/mo, and annual cash flow totals $4,881/yr on $71,273 capital. ROI tracks 26.76% on current figures, and rental yield reads 9.47% at a $215,000 purchase. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 over five years. Five-year ROI reaches 139.31% and total cumulative return in cash sums $99,289. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,697/mo property income instead of your personal income.
Single Family
Built in 1989
9,147 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 |
|---|---|---|
| 2025-04-24 | Listed for sale | $215,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-25 | $1637.52 | 9.69% | $199,700 | 22.89% |
| 2022-04-25 | $1492.86 | 9.20% | $162,500 | 9.80% |
| 2021-04-25 | $1367.04 | 8.02% | $148,000 | N/A |
Listed by: Jessica L LaMar • Raeco Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202514287
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.
