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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 820 Elston Rd, Lafayette, IN, 47909 earns $554/mo cash flow from $2,054/mo rent with a $1,223/mo payment. Total monthly income totals $2,054/mo, and annual cash flow totals $6,648/yr on $82,842 capital. ROI tracks 27.93% on current figures, and rental yield reads 9.86% at a $249,900 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 over five years. Five-year ROI reaches 145.68% and total cumulative return in cash sums $120,686. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,054/mo property income instead of your personal income.
Single Family
Built in 1993
1.59 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Wesley Darling • BerkshireHathaway HS IN Realty
Mls Name: IRMLS
Mls ID: #202543295
