








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 West Lafayette at 3112 Bowfield Way, West Lafayette, IN, 47906 uses $85,361 cash to close to unlock $6,656/yr annual cash flow and $555/mo monthly cash flow. Total monthly income runs $2,134/mo, and a $1,260/mo payment keeps the spread at $555/mo. Purchase price stands at $257,500, and rental yield measures 9.94% with $2,134/mo rent. Return on cash invested shows 27.71% in year one, and 5% annual appreciation builds toward $71,143 over five years. Five-year ROI reaches 144.6% and total cumulative return in cash records $123,433. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,134/mo property income covering a $1,260/mo payment rather than investor’s personal income.
Single Family
Built in 1996
7,405 sqft 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 |
|---|---|---|
| 2025-10-06 | Listing removed | $1,925 |
| 2025-09-21 | Price change | $1,925 |
| 2025-09-17 | Price change | $1,950 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-13 | $2543.66 | 5.14% | $177,000 | 8.06% |
| 2023-10-13 | $2419.26 | 18.74% | $163,800 | 5.20% |
| 2022-10-13 | $2037.50 | 8.40% | $155,700 | 14.99% |



Listed by: Rochelle Perkins • Garnet Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202521051
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.