Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 212 Pawnee Dr, West Lafayette, IN, 47906 generates $3,160/mo in rent and, after a $1,713/mo payment, leaves $641/mo in cash flow. Total monthly income is $3,160/mo, and annual cash flow is $7,697/yr on $116,025 invested. Return on cash invested sits at 26.54% in year one, and rental yield is 10.83% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 139.76% and total cumulative return in cash sums $162,158. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,160/mo property income rather than buyer’s personal income.
Single Family
Built in 1964
0.32 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 |
|---|---|---|
| 2025-06-27 | Sold | $350,000 |
| 2025-05-15 | Pending sale | $370,000 |
| 2025-05-01 | Price change | $370,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $7918.18 | 11.66% | $353,500 | 5.81% |
| 2023-10-24 | $7091.04 | 23.94% | $334,100 | 11.66% |
| 2022-10-24 | $5721.18 | 9.03% | $299,200 | 23.94% |
Listed by: Lauren J Alexander • Keller Williams Lafayette
Mls Name: IRMLS
Mls Provider:
Mls ID: #202506543
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.
