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% |
Investment property for sale in Lafayette at 4681 Masons Ridge Rd, Lafayette, IN, 47909 uses $148,844 cash to close to unlock $2,713/yr annual cash flow and $226/mo monthly cash flow. Total monthly income runs $2,938/mo, and a $2,198/mo payment keeps the spread at $226/mo. Purchase price stands at $449,000, and rental yield measures 7.85% with $2,938/mo rent. Return on cash invested shows 21.73% in year one, and 5% annual appreciation builds toward $124,050 over five years. Five-year ROI reaches 112.44% and total cumulative return in cash records $167,356. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,938/mo property income covering a $2,198/mo payment rather than investor’s personal income.
Single Family
Built in 2010
0.49 Acres lot
$N/A/sqft
$195 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 |
|---|---|---|
| 2024-08-22 | Price change | $449,000 |
| 2024-07-19 | Listed for sale | $460,000 |
| 2021-06-07 | Sold | $370,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $2394.86 | 4.60% | $338,700 | 9.12% |
| 2022-10-15 | $2289.50 | 8.77% | $310,400 | 6.23% |
| 2021-10-15 | $2104.86 | 7.64% | $292,200 | N/A |
Listed by: Sherry Cole • Keller Williams Lafayette
Mls Name: IRMLS
Mls Provider:
Mls ID: #202426996
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.
