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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 70 Mayflower Ct, Lafayette, IN, 47909 earns $777/mo cash flow from $3,354/mo rent with a $2,100/mo payment. Total monthly income totals $3,354/mo, and annual cash flow totals $9,322/yr on $142,214 capital. ROI tracks 26.46% on current figures, and rental yield reads 9.38% at a $429,000 purchase. Equity gained on principal adds $2,768/yr, and 5% annual appreciation supports $118,525 over five years. Five-year ROI reaches 137.75% and total cumulative return in cash sums $195,901. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,354/mo property income instead of your personal income.
Single Family
Built in 1990
0.27 Acres lot
$N/A/sqft
$20 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 |
|---|---|---|
| 2025-05-29 | Listed for sale | $429,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-30 | $2977.96 | 13.74% | $400,400 | 4.19% |
| 2023-05-30 | $2618.24 | 6.87% | $384,300 | 16.49% |
| 2022-05-30 | $2449.84 | 6.50% | $329,900 | 6.66% |
Listed by: LuAnn Parker • Keller Williams Lafayette
Mls Name: IRMLS
Mls Provider:
Mls ID: #202519993
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.
