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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 Lafayette at 528 Wellington Ct, Lafayette, IN, 47904 priced at $170,000 pairs $1,632/mo rent with $612/mo cash flow after a $832/mo payment. Total monthly income equals $1,632/mo, and annual cash flow comes to $7,339/yr on $56,355 invested. Return on cash invested is 32.93% in year one, and rental yield stands at 11.52% on a $170,000 basis. Equity gained on principal adds $1,097/yr, and 5% annual appreciation accumulates to $46,968 by year five. Five-year ROI measures 172.45% and total cumulative return in cash reaches $97,185. For financing, Ziffy Mortgage’s DSCR program evaluates $1,632/mo property income against a $832/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1983
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47904, Lafayette, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,604 (100%) |
| Owner Occupied HU | 3,116 (41.0%) |
| Renter Occupied HU | 3,885 (51.1%) |
| Vacant Housing Units | 603 ( 7.9%) |
| Median Home Value | $128,606 |
| Average Home Value | $188,435 |
Residential
7,166
Single Family
6,169
Multi-Family
997
Businesses
623
Date | Event | Price |
|---|---|---|
| 2025-09-25 | Listing removed | $1,385 |
| 2025-09-19 | Listed for rent | $1,385 |
| 2025-09-18 | Sold | $170,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-10 | $757.18 | 20.41% | $109,300 | 2.15% |
| 2023-10-10 | $628.82 | 38.58% | $107,000 | 17.32% |
| 2022-10-10 | $453.76 | 25.93% | $91,200 | 15.88% |
What's Special
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Listed by: Derek Morgan • Unreal Estate LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22054806
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-09 21:13:08 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
