Side-by-side comparison of Lafayette, IN and Angola, IN — cap rates, rent, prices, and investment metrics.
Cash flow: Lafayette has the edge with an estimated cap rate of 4.06% compared to Angola's 2.45%. Neither city passes the 1% rule outright, so deal sourcing and value-add strategies become more important. Median home prices are $275,000 in Lafayette vs $305,000 in Angola, while rents come in at $1,390/mo and $1,100/mo respectively. For context, the national average cap rate is 3.81% and average price is $333K.
Growth & appreciation: Angola is growing faster at 0.9% annually vs Lafayette's 0.6%. Angola leads on home value appreciation at 2.6% per year.
Costs & risk: Property taxes are 0.85% in Lafayette vs 0.84% in Angola. Vacancy rates of 5.8% and 5.5% are both healthy, suggesting strong tenant demand in both markets.
Entry point: Lafayette offers a lower entry at $275K vs Angola's $305K — a difference of $30K. With a 20% down payment, that's $55K vs $61K. Lafayette combines the lower price with a higher cap rate — a compelling combination.
Bottom line: Angola edges out Lafayette on most key metrics. While cap rates are moderate at 2.45%, Angola's overall profile is stronger. Use our free calculators to model specific deals in Lafayette or Angola.