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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 4372 Delmonico Dr, Lafayette, IN, 47909 at $438,000 posts ROI 20.4% with $60/mo cash flow from $2,689/mo rent. Total monthly income equals $2,689/mo, and annual cash flow records $715/yr on $145,197 to close. Return on cash invested measures 20.4% and rental yield reads 7.37% at the current $438,000. Equity gained on principal adds $2,826/yr, and 5% annual appreciation supports $121,011 by year five. Five-year ROI prints 105.25% and total cumulative return in cash totals $152,814.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,689/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2015
0.34 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2024-08-23 | Price change | $438,000 |
| 2024-07-23 | Listed for sale | $450,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $2472.00 | 9.98% | $361,200 | 13.30% |
| 2022-10-15 | $2247.68 | 4.79% | $318,800 | 9.07% |
| 2021-10-15 | $2144.84 | 10.72% | $292,300 | N/A |
Listed by: Connie E Wilson • Weichert Realtors Len Wilson
Mls Name: IRMLS
Mls Provider:
Mls ID: #202427372
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.
