Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 712 S 22nd St, Lafayette, IN, 47905 offers a 7.94% rental yield on a $199,900 purchase with $1,322/mo rent. Total monthly income registers $1,322/mo, and a $978/mo payment leaves $84/mo available for distribution. Annual cash flow reaches $1,008/yr on $66,267 to close, and return on cash invested stands at 21.43% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 110.99% and total cumulative return in cash at $73,549. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,322/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1931
6,621 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 |
|---|---|---|
| 2025-05-23 | Listed for sale | $199,900 |
| 2021-01-22 | Sold | $115,000 |
| 2021-01-07 | Pending sale | $115,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-26 | $2120.24 | 3.35% | $115,800 | 9.35% |
| 2023-05-26 | $2051.42 | 5.96% | $105,900 | 3.42% |
| 2022-05-26 | $1936.00 | 218.86% | $102,400 | 6.00% |
Listed by: Amy Rollet • Trueblood Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202519244
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.
