








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 Lafayette at 4803 Osprey Dr E, Lafayette, IN, 47909 offers $2,394/mo rent that, after a $1,810/mo payment, leaves $151/mo cash flow. Total monthly income is $2,394/mo, and annual cash flow is $1,813/yr on $122,622 cash. Return on cash invested measures 21.39% in year one, and rental yield stands at 7.77% at a $369,900 entry. Equity gained on principal adds $2,387/yr while 5% annual appreciation compounds into $102,197 by year five. Five-year ROI records 110.64% and total cumulative return in cash reaches $135,670. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,394/mo property income versus a $1,810/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
0.30 Acres lot
$N/A/sqft
$275 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 |
|---|---|---|
| 2024-09-09 | Price change | $369,900 |
| 2024-08-28 | Listed for sale | $379,900 |
| 2016-01-05 | Sold | $212,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $1790.56 | 16.56% | $335,800 | 16.15% |
| 2022-10-15 | $1536.16 | 6.73% | $289,100 | 11.54% |
| 2021-10-15 | $1439.36 | 13.09% | $259,200 | N/A |



What's Special
Storage
Listed by: Robyn Bower • The Real Estate Agency
Mls Name: IRMLS
Mls Provider:
Mls ID: #202432911
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.