Frontflip
Deals
My Reports
Get the iOS app
Invite
Settings
Login / Sign up
Deals
My Reports
5
Rent up to $1,137, yield climbs 16.2%
Updated yesterday
Your Investment Paths
Turnkey Rental
2224 Lafayette St offers promising rental potential in the current market. Based on local trends, the property could generate between $1,016 and $1,115 in monthly income, positioning it as a steady earner for smart investors. With an impressive projected yield of 16.2%, this property stands out as a strong income generator. These figures, supported by recent sales and rental comps, suggest a reliable path toward solid cash flow in Anderson.
More about this home
Neighborhood Assessment
This pocket of Anderson around Lafayette St is a classic working‑class, owner‑occupant neighborhood with mostly small single‑family homes from the 1930s–1950s. Walkability is fair for a Midwest city: you’re mainly car‑dependent but close to basic services, local shops, and neighborhood churches, with bigger retail a short drive away. Nearby comps on Lafayette largely sit in the mid‑ to high‑$90K range, so this 2 bed, 1 bath, 792 sq ft home is one of the smaller houses on the block but tracks well with local values. School ratings are mixed but acceptable for rental families, and climate/flood risks are low, which helps long‑term holding and insurance stability.
Market Activity
+ Ask a question in the app
Rental Income
$13K
Yield
16.2%
Appreciation
$3K
Year 1 Estimates
Fix-and-Flip
New windows significantly boost home appeal, raising value to roughly 189 dollars per square foot compared to the baseline 112. This impressive 68 percent increase showcases how modernizing essential features creates a highly desirable living space. This upgrade attracts quality tenants with higher rental potential and offers a strong path to equity growth. Replacing windows is a smart investment that elevates daily comfort, refreshes the property's look, and secures long-term value.
Comps
2
Uplift
+68%
Buy-Rehab-Rent
This property offers solid BRR potential with a post-renovation value reaching up to $96,000. Strategic upgrades capitalize on the roughly 22 percent market value uplift, positioning this asset effectively within the current local neighborhood trends. Investors benefit from a strong 14.9 percent yield, supported by a competitive $1,137 monthly rental income. These figures provide a stable foundation for cash flow, making this a practical acquisition for a long-term rental portfolio.
Rental Income
$14K
Yield
14.9%
Appreciation
$4K
Year 1 Estimates, Post Typical Renovation
Estimated value
$79K
$58.5K below comp median
Comparative Market Analysis
$112K – $153K
~121 days to sell
Based on 8 comps
2224 Lafayette St, Anderson Investment Report: Flip & Rental Analysis · Frontflip