








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 3838 Harper Dr, Lafayette, IN, 47905 earns $23/mo cash flow from $1,542/mo rent with a $1,219/mo payment. Total monthly income totals $1,542/mo, and annual cash flow totals $278/yr on $82,544 capital. ROI tracks 20.25% on current figures, and rental yield reads 7.43% at a $249,000 purchase. Equity gained on principal adds $1,607/yr, and 5% annual appreciation supports $68,794 over five years. Five-year ROI reaches 104.58% and total cumulative return in cash sums $86,324. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,542/mo property income instead of your personal income.
Single Family
Built in 1975
7,562 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 |
|---|---|---|
| 2025-04-18 | Listed for sale | $249,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-21 | $2352.00 | 16.55% | $135,200 | 14.97% |
| 2022-04-21 | $2018.00 | 201.53% | $117,600 | 16.55% |
| 2021-04-21 | $669.26 | 9.68% | $100,900 | N/A |



Listed by: Cody Miller • Redlow Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202513498
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.