








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 31 Ashcroft Pl, West Lafayette, IN, 47906 priced at $550,000 converts $2,982/mo rent into after a $2,692/mo obligation. Total monthly income equals $2,982/mo. Return on cash invested prints 15.22% in year one, and rental yield reads 6.51% against a $550,000 entry. Equity gained on principal adds $3,549/yr, while 5% annual appreciation compiles into $151,955 by year five. Five-year ROI reaches 78.39% and total cumulative return in cash sums $141,838. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,982/mo property income covering a $2,692/mo payment, not borrower’s personal income.
Single Family
Built in 1994
0.55 Acres lot
$N/A/sqft
$350 annually 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 |
|---|---|---|
| 2025-09-19 | Sold | $550,000 |
| 2025-08-25 | Pending sale | $585,000 |
| 2025-07-10 | Listed for sale | $585,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-14 | $9148.74 | 14.89% | $625,500 | 3.12% |
| 2023-10-14 | $7962.84 | 104.62% | $606,600 | 14.11% |
| 2022-10-14 | $3891.50 | 3.43% | $531,600 | 5.00% |



Listed by: Kimberly Beazer • F.C. Tucker/Shook
Mls Name: IRMLS
Mls Provider:
Mls ID: #202526632
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.