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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 Lafayette at 608 S 30th St, Lafayette, IN, 47904 uses $66,300 cash to close to unlock $2,548/yr annual cash flow and $212/mo monthly cash flow. Total monthly income runs $1,413/mo, and a $979/mo payment keeps the spread at $212/mo. Purchase price stands at $200,000, and rental yield measures 8.48% with $1,413/mo rent. Return on cash invested shows 23.75% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 123.25% and total cumulative return in cash records $81,716. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,413/mo property income covering a $979/mo payment rather than investor’s personal income.
Single Family
Built in 1930
5,662 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 |
|---|---|---|
| 2025-05-07 | Listed for sale | $200,000 |
| 2020-05-29 | Sold | $125,000 |
| 2020-04-21 | Listed for sale | $119,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-05-08 | $1509.00 | 20.63% | $169,100 | 12.06% |
| 2022-05-08 | $1250.98 | 211.30% | $150,900 | 16.26% |
| 2021-05-08 | $401.86 | -69.65% | $129,800 | N/A |
Listed by: Robbin N Edwards • Encore Sotheby's International Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202516448
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.
