








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 624 S 10th St, Lafayette, IN, 47905 listed at $268,500 pairs $1,987/mo rent with a $1,314/mo payment to leave $375/mo cash flow. Total monthly income runs $1,987/mo, and annual cash flow reaches $4,505/yr on $89,008 cash to close. Return on cash invested measures 24.97% in year one, and rental yield registers 8.88% at a $268,500 basis. Equity gained on principal adds $1,733/yr, and annual property appreciation at 5% supports $74,182 by year five. Five-year ROI tracks 129.78% and total cumulative return in cash totals $115,510. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,987/mo property income relative to a $1,314/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1910
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47905, Lafayette, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,630 (100%) |
| Owner Occupied HU | 10,991 (56.0%) |
| Renter Occupied HU | 7,333 (37.4%) |
| Vacant Housing Units | 1,306 ( 6.7%) |
| Median Home Value | $254,797 |
| Average Home Value | $312,191 |
Residential
18,720
Single Family
15,750
Multi-Family
2,970
Businesses
1,408
Date | Event | Price |
|---|---|---|
| 2025-10-31 | Sold | $268,500 |
| 2025-09-26 | Listed for sale | $279,000 |
| 2023-09-11 | Sold | $240,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-20 | $911.18 | -59.18% | $151,600 | 27.39% |
| 2023-12-20 | $2232.00 | 7.00% | $119,000 | 6.63% |
| 2022-12-20 | $2086.00 | N/A | $111,600 | 7.00% |



Listed by: Eric Seymour • BerkshireHathaway HS IN Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202538997
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.