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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 413 S 29th St, Lafayette, IN, 47904 offers a 9.68% rental yield on a $175,000 purchase with $1,412/mo rent. Total monthly income registers $1,412/mo, and a $857/mo payment leaves $361/mo available for distribution. Annual cash flow reaches $4,332/yr on $58,013 to close, and return on cash invested stands at 27.38% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,349 over five years. Portfolio math shows five-year ROI at 142.74% and total cumulative return in cash at $82,807. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,412/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47904, Lafayette, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,604 (100%) |
| Owner Occupied HU | 3,116 (41.0%) |
| Renter Occupied HU | 3,885 (51.1%) |
| Vacant Housing Units | 603 ( 7.9%) |
| Median Home Value | $128,606 |
| Average Home Value | $188,435 |
Residential
7,166
Single Family
6,169
Multi-Family
997
Businesses
623
Date | Event | Price |
|---|---|---|
| 2025-11-06 | Listed for sale | $175,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-08 | $603.18 | -64.01% | $102,900 | 8.32% |
| 2023-11-08 | $1676.00 | 265.40% | $95,000 | 13.37% |
| 2022-11-08 | $458.68 | 16.61% | $83,800 | 14.01% |
Listed by: Peyton Hurst • Trueblood Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202545044
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.
