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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 West Lafayette at 9932 N Meridian Line Rd, West Lafayette, IN, 47906 listed at $440,000 pairs $2,208/mo rent with a $2,154/mo payment. Total monthly income runs $2,208/mo. Return on cash invested measures 16.34% in year one, and rental yield registers 6.02% at a $440,000 basis. Equity gained on principal adds $2,839/yr, and annual property appreciation at 5% supports $121,564 by year five. Five-year ROI tracks 83.48% and total cumulative return in cash totals $121,762. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,208/mo property income relative to a $2,154/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2012
1.33 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47906, West Lafayette, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,475 (100%) |
| Owner Occupied HU | 12,026 (39.5%) |
| Renter Occupied HU | 15,431 (50.6%) |
| Vacant Housing Units | 3,018 ( 9.9%) |
| Median Home Value | $337,444 |
| Average Home Value | $371,802 |
Residential
28,098
Single Family
17,941
Multi-Family
10,157
Businesses
863
Date | Event | Price |
|---|---|---|
| 2025-06-24 | Listed for sale | $440,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-25 | $2362.32 | 4.65% | $363,700 | 5.27% |
| 2023-06-25 | $2257.44 | 0.67% | $345,500 | 14.94% |
| 2022-06-25 | $2242.44 | 15.64% | $300,600 | 1.14% |
What's Special
Storage
Listed by: Robyn Bower • The Real Estate Agency
Mls Name: IRMLS
Mls Provider:
Mls ID: #202524148
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.
