107 Parkerwood LnWest LafayetteIN47906
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in West Lafayette at 107 Parkerwood Ln, West Lafayette, IN, 47906 with 5% annual appreciation on a $520,000 basis while $1,810/mo rent supports operations. 86% in year one. Equity gained on principal adds $3,355/yr, and five-year appreciation sums $143,666 alongside rental yield of 4.18%. Five-year ROI measures 54.05% and total cumulative return in cash totals $92,471. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,810/mo property income versus a $2,545/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2025
1,916 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47906, West Lafayette, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
28,098
Single Family
17,941
Multi-Family
10,157
Businesses
863
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Listed by: Eric Seymour • BerkshireHathaway HS IN Realty
Mls Name: IRMLS
Mls ID: #202517243