Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in West Lafayette at 4630 Ironstone Ln, West Lafayette, IN, 47906 generates $2,993/mo in rent and, after a $1,809/mo payment, leaves $474/mo in cash flow. Total monthly income is $2,993/mo, and annual cash flow is $5,694/yr on $122,489 invested. Return on cash invested sits at 24.56% in year one, and rental yield is 9.72% on a $369,500 entry. Equity gained on principal adds $2,384/yr, while 5% annual appreciation builds toward $102,086 over five years. Five-year ROI reaches 128.61% and total cumulative return in cash sums $157,528. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,993/mo property income rather than buyer’s personal income.
Condo
Built in 2008
3,750 sqft lot
$N/A/sqft
$300 monthly 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 |
|---|---|---|
| 2025-04-19 | Listed for sale | $369,500 |
| 2021-10-15 | Sold | $317,000 |
| 2021-10-01 | Pending sale | $300,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-22 | $2619.00 | 8.54% | $291,300 | 11.23% |
| 2022-04-22 | $2413.00 | N/A | $261,900 | 8.54% |
| 2021-04-22 | $2413.00 | 2.90% | $241,300 | N/A |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
