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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 West Lafayette at 4024 N 300 W, West Lafayette, IN, 47906 offers a 7.62% rental yield on a $450,000 purchase with $2,857/mo rent. Total monthly income registers $2,857/mo, and a $2,203/mo payment leaves $155/mo available for distribution. Annual cash flow reaches $1,863/yr on $149,175 to close, and return on cash invested stands at 21.16% in year one. Equity gained on principal adds $2,904/yr while 5% annual appreciation supports $124,327 over five years. Portfolio math shows five-year ROI at 109.31% and total cumulative return in cash at $163,062. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,857/mo property income against a $2,203/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
1.62 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47906, West Lafayette, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,475 (100%) |
| Owner Occupied HU | 12,026 (39.5%) |
| Renter Occupied HU | 15,431 (50.6%) |
| Vacant Housing Units | 3,018 ( 9.9%) |
| Median Home Value | $337,444 |
| Average Home Value | $371,802 |
Residential
28,098
Single Family
17,941
Multi-Family
10,157
Businesses
863
Date | Event | Price |
|---|---|---|
| 2025-06-13 | Sold | $450,000 |
| 2025-05-19 | Pending sale | $460,000 |
| 2025-05-02 | Listed for sale | $460,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $2278.76 | 10.69% | $295,900 | -0.80% |
| 2023-10-24 | $2058.64 | 16.20% | $298,300 | 15.13% |
| 2022-10-24 | $1771.56 | 8.23% | $259,100 | 10.35% |
Listed by: Emily Dunn • The Real Estate Agency
Mls Name: IRMLS
Mls Provider:
Mls ID: #202507148
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.
