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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% |
Rental property for sale in West Lafayette at 4746 Elijah St, West Lafayette, IN, 47906 generates $2,273/mo in rent and, after a $1,346/mo payment, leaves $622/mo in cash flow. Total monthly income is $2,273/mo, and annual cash flow is $7,467/yr on $91,163 invested. Return on cash invested sits at 28.1% in year one, and rental yield is 9.92% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 146.56% and total cumulative return in cash sums $133,607. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,273/mo property income rather than buyer’s personal income.
Single Family
Built in 2008
6,534 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-09-08 | Listing removed | $1,850 |
| 2025-09-05 | Listed for rent | $1,850 |
| 2025-08-22 | Sold | $275,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-10 | $1782.62 | 2.93% | $206,000 | 5.37% |
| 2023-10-10 | $1731.96 | 32.81% | $195,500 | 10.20% |
| 2022-10-10 | $1304.10 | 13.32% | $177,400 | 23.11% |
Listed by: Mary Holtz • Indiana Integrity REALTORS
Mls Name: IRMLS
Mls Provider:
Mls ID: #202520745
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.
