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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 West Lafayette at 502 Hillcrest Rd, West Lafayette, IN, 47906 at $640,000 posts ROI 19.27% with from $3,703/mo rent. Total monthly income equals $3,703/mo. Return on cash invested measures 19.27% and rental yield reads 6.94% at the current $640,000. Equity gained on principal adds $4,130/yr, and 5% annual appreciation supports $176,820 by year five. Five-year ROI prints 99.15% and total cumulative return in cash totals $208,770. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,703/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1941
0.27 Acres 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 |
|---|---|---|
| 2025-06-27 | Listed for sale | $640,000 |
| 2025-06-27 | Listing removed | $640,000 |
| 2025-06-13 | Price change | $640,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-30 | N/A | N/A | $251,000 | 12.10% |
| 2023-06-30 | N/A | N/A | $223,900 | 10.57% |
| 2022-06-30 | N/A | N/A | $202,500 | N/A |
Listed by: Amy Kelly • Raeco Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202524841
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.
