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 801 S 29th St, Lafayette, IN, 47904 listed at $230,000 pairs $2,503/mo rent with a $1,126/mo payment to leave $1,122/mo cash flow. Total monthly income runs $2,503/mo, and annual cash flow reaches $13,465/yr on $76,245 cash to close. Return on cash invested measures 37.57% in year one, and rental yield registers 13.06% at a $230,000 basis. Equity gained on principal adds $1,484/yr, and annual property appreciation at 5% supports $63,545 by year five. Five-year ROI tracks 197.36% and total cumulative return in cash totals $150,475. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,503/mo property income relative to a $1,126/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1936
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 |
|---|---|---|
| 2024-12-06 | Sold | $230,000 |
| 2024-11-14 | Pending sale | $249,000 |
| 2024-10-07 | Listed for sale | $249,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $1292.66 | 0.57% | $160,100 | 7.96% |
| 2023-10-24 | $1285.32 | 16.86% | $148,300 | 10.34% |
| 2022-10-24 | $1099.88 | 20.79% | $134,400 | 12.09% |
Listed by: Daniel Hurja • Keller Williams Realty Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202438915
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.
