








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 Stanforth Ave, Lafayette, IN, 47905 listed at $195,000 pairs $1,649/mo rent with a $954/mo payment to leave $479/mo cash flow. Total monthly income runs $1,649/mo, and annual cash flow reaches $5,746/yr on $64,643 cash to close. Return on cash invested measures 28.8% in year one, and rental yield registers 10.15% at a $195,000 basis. Equity gained on principal adds $1,258/yr, and annual property appreciation at 5% supports $53,875 by year five. Five-year ROI tracks 150.25% and total cumulative return in cash totals $97,126. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,649/mo property income relative to a $954/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
10,454 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 |
|---|---|---|
| 2025-10-22 | Sold | $195,000 |
| 2025-09-16 | Pending sale | $200,000 |
| 2025-09-10 | Price change | $200,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-26 | $1103.66 | -9.78% | $138,100 | 3.06% |
| 2023-10-26 | $1223.32 | 20.08% | $134,000 | 6.43% |
| 2022-10-26 | $1018.76 | 22.50% | $125,900 | 14.14% |



What's Special
Storage
Listed by: Rebecca Johnson • RE/MAX At The Crossing
Mls Name: IRMLS
Mls Provider:
Mls ID: #202534647
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.