








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 1417 Oak Ct, Lafayette, IN, 47905 uses $58,676 cash to close to unlock $2,464/yr annual cash flow and $205/mo monthly cash flow. Total monthly income runs $1,270/mo, and a $866/mo payment keeps the spread at $205/mo. Purchase price stands at $177,000, and rental yield measures 8.61% with $1,270/mo rent. Return on cash invested shows 24.11% in year one, and 5% annual appreciation builds toward $48,902 over five years. Five-year ROI reaches 125.16% and total cumulative return in cash records $73,439. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,270/mo property income covering a $866/mo payment rather than investor’s personal income.
Single Family
Built in 1949
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47905, Lafayette, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,630 (100%) |
| Owner Occupied HU | 10,991 (56.0%) |
| Renter Occupied HU | 7,333 (37.4%) |
| Vacant Housing Units | 1,306 ( 6.7%) |
| Median Home Value | $254,797 |
| Average Home Value | $312,191 |
Residential
18,720
Single Family
15,750
Multi-Family
2,970
Businesses
1,408
Date | Event | Price |
|---|---|---|
| 2025-10-06 | Sold | $177,000 |
| 2025-08-28 | Listed for sale | $179,900 |
| 2025-02-20 | Sold | $122,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-25 | $1500.00 | 9.97% | $104,400 | 39.20% |
| 2023-10-25 | $1364.00 | 6.07% | $75,000 | 9.97% |
| 2022-10-25 | $1286.00 | 19.96% | $68,200 | 6.07% |



Listed by: Peyton Hurst • Trueblood Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202534454
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.