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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 4128 Langley Dr, Lafayette, IN, 47909 uses $86,190 cash to close to unlock $3,624/yr annual cash flow and $302/mo monthly cash flow. Total monthly income runs $1,885/mo, and a $1,273/mo payment keeps the spread at $302/mo. Purchase price stands at $260,000, and rental yield measures 8.7% with $1,885/mo rent. Return on cash invested shows 24.11% in year one, and 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 125.24% and total cumulative return in cash records $107,945. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,885/mo property income covering a $1,273/mo payment rather than investor’s personal income.
Single Family
Built in 2003
7,405 sqft lot
$N/A/sqft
$70 annually 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 |
|---|---|---|
| 2025-10-17 | Listing removed | $2,250 |
| 2025-08-22 | Listed for rent | $2,250 |
| 2025-08-13 | Sold | $260,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-27 | $2350.92 | 13.35% | $247,400 | 6.23% |
| 2023-10-27 | $2074.00 | 15.80% | $232,900 | 11.54% |
| 2022-10-27 | $1791.00 | 7.83% | $208,800 | 15.68% |
Listed by: Rebecca Fassnacht • Keller Williams Lafayette
Mls Name: IRMLS
Mls Provider:
Mls ID: #202529265
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.
