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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 379 Chapelhill Dr, Lafayette, IN, 47905 offers a 7.14% rental yield on a $309,900 purchase with $1,843/mo rent. 59% in year one. Equity gained on principal adds $2,000/yr while 5% annual appreciation supports $85,620 over five years. Portfolio math shows five-year ROI at 100.93% and total cumulative return in cash at $103,692. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,843/mo property income against a $1,517/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
9,147 sqft lot
$N/A/sqft
$120 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 |
|---|---|---|
| 2025-05-02 | Listed for sale | $309,900 |
| 2022-08-19 | Sold | $240,000 |
| 2022-07-08 | Pending sale | $240,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-05-05 | $1178.44 | 17.43% | $204,000 | 9.03% |
| 2022-05-05 | $1003.50 | 22.40% | $187,100 | 12.17% |
| 2021-05-05 | $819.82 | 9.51% | $166,800 | N/A |
Listed by: Amanda Oakley • Trueblood Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202515814
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.
