








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 3220 Morallion Dr, West Lafayette, IN, 47906 generates $3,354/mo in rent and, after a $1,811/mo payment, leaves $1,133/mo in cash flow. Total monthly income is $3,354/mo, and annual cash flow is $13,595/yr on $122,655 invested. Return on cash invested sits at 30.99% in year one, and rental yield is 10.88% on a $370,000 entry. Equity gained on principal adds $2,388/yr, while 5% annual appreciation builds toward $102,224 over five years. Five-year ROI reaches 162.03% and total cumulative return in cash sums $198,737. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,354/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
0.29 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Sara Westrich • Carpenter, REALTORS
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22071383