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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 3918 Rome Dr, Lafayette, IN, 47905 uses $114,368 cash to close to unlock $3,451/yr annual cash flow and $288/mo monthly cash flow. Total monthly income runs $2,359/mo, and a $1,689/mo payment keeps the spread at $288/mo. Purchase price stands at $345,000, and rental yield measures 8.21% with $2,359/mo rent. Return on cash invested shows 22.93% in year one, and 5% annual appreciation builds toward $95,317 over five years. Five-year ROI reaches 118.79% and total cumulative return in cash records $135,856. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,359/mo property income covering a $1,689/mo payment rather than investor’s personal income.
Single Family
Built in 1969
0.35 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Scott M Brown • Keller Williams Lafayette
Mls Name: IRMLS
Mls ID: #202531035
