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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 4 Torchwood Ln, Lafayette, IN, 47905 with 5% annual appreciation on a $234,900 basis while $1,867/mo rent supports operations. Total monthly income totals $1,867/mo and a $1,150/mo payment preserves $132/mo for cash returns. Annual cash flow comes to $1,580/yr on $77,869 deployed, and return on cash invested reaches 21.94% in year one. Equity gained on principal adds $1,516/yr, and five-year appreciation sums $64,899 alongside rental yield of 9.54%. Five-year ROI measures 115.3% and total cumulative return in cash totals $89,781.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,867/mo property income versus a $1,150/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1988
N/A lot
$N/A/sqft
$325 monthly 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 |
|---|---|---|
| 2025-04-25 | Listed for sale | $234,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-28 | $1377.00 | -0.58% | $160,700 | 16.70% |
| 2022-04-28 | $1385.00 | 28.72% | $137,700 | -0.58% |
| 2021-04-28 | $1075.98 | 7.98% | $138,500 | N/A |
Listed by: Daniel L Hartley • Keller Williams Lafayette
Mls Name: IRMLS
Mls Provider:
Mls ID: #202514649
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.
