








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Lafayette at 135 S 27th St, Lafayette, IN, 47904 generates $1,374/mo in rent and, after a $857/mo payment, leaves $323/mo in cash flow. Total monthly income is $1,374/mo, and annual cash flow is $3,876/yr on $58,013 invested. Return on cash invested sits at 26.59% in year one, and rental yield is 9.42% on a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 138.52% and total cumulative return in cash sums $80,359. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,374/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47904, Lafayette, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,604 (100%) |
| Owner Occupied HU | 3,116 (41.0%) |
| Renter Occupied HU | 3,885 (51.1%) |
| Vacant Housing Units | 603 ( 7.9%) |
| Median Home Value | $128,606 |
| Average Home Value | $188,435 |
Residential
7,166
Single Family
6,169
Multi-Family
997
Businesses
623
Date | Event | Price |
|---|---|---|
| 2025-07-14 | Sold | $175,000 |
| 2025-06-08 | Pending sale | $180,000 |
| 2025-06-04 | Listed for sale | $180,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-13 | $862.40 | 11.21% | $125,100 | 8.59% |
| 2023-10-13 | $775.48 | 29.16% | $115,200 | 14.17% |
| 2022-10-13 | $600.40 | 57.59% | $100,900 | 14.53% |



Listed by: Eric Campos • Indiana Integrity REALTORS
Mls Name: IRMLS
Mls Provider:
Mls ID: #202521144
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.