








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 1607 S 4th St, Lafayette, IN, 47905 earns $300/mo cash flow from $1,231/mo rent with a $759/mo payment. Total monthly income totals $1,231/mo, and annual cash flow totals $3,603/yr on $51,383 capital. ROI tracks 26.92% on current figures, and rental yield reads 9.53% at a $155,000 purchase. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,824 over five years. Five-year ROI reaches 140.3% and total cumulative return in cash sums $72,088. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,231/mo property income instead of your personal income.
Single Family
Built in 1940
10,018 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 |
|---|---|---|
| 2025-03-20 | Listed for sale | $155,000 |
| 2019-03-04 | Sold | $113,500 |
| 2018-11-05 | Price change | $113,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-20 | $1230.58 | 45.44% | $143,500 | 14.25% |
| 2022-03-20 | $846.08 | 1.77% | $125,600 | 26.36% |
| 2021-03-20 | $831.36 | -8.72% | $99,400 | N/A |



Listed by: Karen Miller • BerkshireHathaway HS IN Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202509039
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.