








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 1916 Perrine St, Lafayette, IN, 47904 earns $423/mo cash flow from $1,533/mo rent with a $905/mo payment. Total monthly income totals $1,533/mo, and annual cash flow totals $5,076/yr on $61,328 capital. ROI tracks 28.19% on current figures, and rental yield reads 9.94% at a $185,000 purchase. Equity gained on principal adds $1,194/yr, and 5% annual appreciation supports $51,112 over five years. Five-year ROI reaches 146.97% and total cumulative return in cash sums $90,135. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,533/mo property income instead of your personal income.
Single Family
Built in 1910
6,098 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 |
|---|---|---|
| 2025-05-09 | Listed for sale | $185,000 |
| 2017-06-22 | Sold | $129,000 |
| 2017-05-04 | Listed for sale | $132,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-05-11 | $730.14 | 44.51% | $114,600 | 17.06% |
| 2022-05-11 | $505.24 | 35.42% | $97,900 | 19.39% |
| 2021-05-11 | $373.10 | 9.34% | $82,000 | N/A |



Listed by: Yu Gao • Keller Williams Lafayette
Mls Name: IRMLS
Mls Provider:
Mls ID: #202516767
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.