








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 222 Washington St, Lafayette, IN, 47905 at $207,000 posts ROI 25.83% with $339/mo cash flow from $1,581/mo rent. Total monthly income equals $1,581/mo, and annual cash flow records $4,063/yr on $68,621 to close. Return on cash invested measures 25.83% and rental yield reads 9.17% at the current $207,000. Equity gained on principal adds $1,336/yr, and 5% annual appreciation supports $57,190 by year five. Five-year ROI prints 134.37% and total cumulative return in cash totals $92,206.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,581/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2007
5,227 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 |
|---|---|---|
| 2025-08-13 | Listing removed | $1,575 |
| 2025-08-06 | Listed for rent | $1,575 |
| 2025-07-28 | Sold | $207,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-01 | $1241.00 | 11.51% | $153,800 | 6.29% |
| 2023-11-01 | $1112.92 | 11.81% | $144,700 | 22.01% |
| 2022-11-01 | $995.36 | 21.46% | $118,600 | 9.01% |



Listed by: Angie Fitzmorris-Stucky • Raeco Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202523412
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.