








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 1919 Pierce St, Lafayette, IN, 47904 uses $54,035 cash to close to unlock $6,568/yr annual cash flow and $547/mo monthly cash flow. Total monthly income runs $1,526/mo, and a $798/mo payment keeps the spread at $547/mo. Purchase price stands at $163,000, and rental yield measures 11.23% with $1,526/mo rent. Return on cash invested shows 32.06% in year one, and 5% annual appreciation builds toward $45,034 over five years. Five-year ROI reaches 167.84% and total cumulative return in cash records $90,691. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,526/mo property income covering a $798/mo payment rather than investor’s personal income.
Single Family
Built in 1920
6,534 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 |
|---|---|---|
| 2025-06-25 | Sold | $163,000 |
| 2025-06-16 | Pending sale | $169,000 |
| 2025-05-23 | Listed for sale | $169,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-27 | $873.38 | 9.51% | $128,100 | 10.62% |
| 2023-10-27 | $797.50 | 48.42% | $115,800 | 18.65% |
| 2022-10-27 | $537.34 | 14.77% | $97,600 | 23.08% |



Listed by: Charna J Virtue • BerkshireHathaway HS IN Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202517746
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.