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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 856 Belgian Ln, Lafayette, IN, 47905 with 5% annual appreciation on a $325,000 basis while $2,460/mo rent supports operations. Total monthly income totals $2,460/mo and a $1,591/mo payment preserves $494/mo for cash returns. Annual cash flow comes to $5,925/yr on $107,738 deployed, and return on cash invested reaches 25.41% in year one. Equity gained on principal adds $2,097/yr, and five-year appreciation sums $89,792 alongside rental yield of 9.08%. Five-year ROI measures 132.14% and total cumulative return in cash totals $142,369.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,460/mo property income versus a $1,591/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2013
8,276 sqft lot
$N/A/sqft
$180 annually 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 |
|---|---|---|
| 2025-03-23 | Listed for sale | $325,000 |
| 2023-02-17 | Sold | $271,500 |
| 2023-01-07 | Pending sale | $269,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-24 | $1487.04 | 11.47% | $255,200 | 14.39% |
| 2022-03-24 | $1334.04 | 13.33% | $223,100 | 8.62% |
| 2021-03-24 | $1177.16 | 6.15% | $205,400 | N/A |
Listed by: Shannon R Smeltz • eXp Realty, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202509470
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.
