








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 Lafayette at 1409 N 27th St, Lafayette, IN, 47904 uses $44,719 cash to close to unlock $17,226/yr annual cash flow and $1,435/mo monthly cash flow. Total monthly income runs $2,245/mo, and a $660/mo payment keeps the spread at $1,435/mo. Purchase price stands at $134,900, and rental yield measures 19.97% with $2,245/mo rent. Return on cash invested shows 58.43% in year one, and 5% annual appreciation builds toward $37,270 over five years. Five-year ROI reaches 309.22% and total cumulative return in cash records $138,281. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,245/mo property income covering a $660/mo payment rather than investor’s personal income.
Single Family
Built in 1960
6,840 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 |
|---|---|---|
| 2025-09-26 | Listing removed | N/A |
| 2025-06-28 | Pending sale | $229,900 |
| 2025-06-25 | Listed for sale | $229,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-31 | $998.76 | 7.40% | $134,900 | 7.58% |
| 2023-10-31 | $929.96 | 24.18% | $125,400 | 13.07% |
| 2022-10-31 | $748.86 | 12.15% | $110,900 | 13.86% |



Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A