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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 4691 Flagship Ln, Lafayette, IN, 47909 uses $140,888 cash to close to unlock $2,268/yr annual cash flow and $189/mo monthly cash flow. Total monthly income runs $2,765/mo, and a $2,080/mo payment keeps the spread at $189/mo. Purchase price stands at $425,000, and rental yield measures 7.81% with $2,765/mo rent. Return on cash invested shows 21.52% in year one, and 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 111.3% and total cumulative return in cash records $156,809. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,765/mo property income covering a $2,080/mo payment rather than investor’s personal income.
Single Family
Built in 2012
0.33 Acres lot
$N/A/sqft
$300 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 |
|---|---|---|
| 2025-08-04 | Sold | $425,000 |
| 2025-06-13 | Pending sale | $425,000 |
| 2025-06-11 | Listed for sale | $425,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-21 | $2534.90 | 16.34% | $348,800 | 1.81% |
| 2023-10-21 | $2178.78 | 14.16% | $342,600 | 16.41% |
| 2022-10-21 | $1908.58 | 3.90% | $294,300 | 12.20% |
Listed by: Shannon R Smeltz • eXp Realty, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202522078
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.
