








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 West Lafayette at 1532 Benson Dr, West Lafayette, IN, 47906 offers $2,208/mo rent that, after a $2,202/mo payment. Total monthly income is $2,208/mo. Return on cash invested measures 15.95% in year one, and rental yield stands at 5.89% at a $449,900 entry. Equity gained on principal adds $2,903/yr while 5% annual appreciation compounds into $124,299 by year five. Five-year ROI records 81.35% and total cumulative return in cash reaches $121,330. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,208/mo property income versus a $2,202/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
5 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47906, West Lafayette, IN area.
| 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 |
Residential
28,098
Single Family
17,941
Multi-Family
10,157
Businesses
863
Date | Event | Price |
|---|---|---|
| 2025-08-14 | Listed for sale | $449,900 |
| 2025-06-08 | Listing removed | $475,000 |
| 2025-05-07 | Price change | $475,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-15 | $2539.86 | 9.26% | $359,800 | 6.07% |
| 2023-08-15 | $2324.70 | 17.16% | $339,200 | 14.98% |
| 2022-08-15 | $1984.14 | 9.35% | $295,000 | 10.99% |



Listed by: John Townsend • Trueblood Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202532169
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.