








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 4937 Osprey Ct, Lafayette, IN, 47909 offers a 8.13% rental yield on a $349,900 purchase with $2,372/mo rent. Total monthly income registers $2,372/mo, and a $1,713/mo payment leaves $250/mo available for distribution. Annual cash flow reaches $3,004/yr on $115,992 to close, and return on cash invested stands at 22.5% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,671 over five years. Portfolio math shows five-year ROI at 116.59% and total cumulative return in cash at $135,234. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,372/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
N/A lot
$N/A/sqft
$250 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 |
|---|---|---|
| 2024-10-02 | Price change | $349,900 |
| 2024-08-29 | Listed for sale | $359,900 |
| 2015-07-06 | Sold | $196,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $1655.20 | 13.45% | $289,200 | 22.80% |
| 2022-10-15 | $1458.98 | 5.78% | $235,500 | 10.98% |
| 2021-10-15 | $1379.26 | 13.05% | $212,200 | N/A |



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Listed by: Sean Dekker • REAL ESTATE NETWORK L.L.C
Mls Name: IRMLS
Mls Provider:
Mls ID: #202433102
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.