








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 4130 Cheyenne Dr, Lafayette, IN, 47909 offers a 7.46% rental yield on a $278,700 purchase with $1,733/mo rent. Total monthly income registers $1,733/mo, and a $1,364/mo payment leaves $54/mo available for distribution. Annual cash flow reaches $649/yr on $92,389 to close, and return on cash invested stands at 20.61% in year one. Equity gained on principal adds $1,798/yr while 5% annual appreciation supports $77,000 over five years. Portfolio math shows five-year ROI at 106.44% and total cumulative return in cash at $98,337. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,733/mo property income against a $1,364/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
7,187 sqft lot
$N/A/sqft
$6 monthly HOA
Neighborhood data shown for ZIP Code: 47909, Lafayette, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,777 (100%) |
| Owner Occupied HU | 11,637 (62.0%) |
| Renter Occupied HU | 5,952 (31.7%) |
| Vacant Housing Units | 1,188 ( 6.3%) |
| Median Home Value | $237,746 |
| Average Home Value | $278,258 |
Residential
18,114
Single Family
16,603
Multi-Family
1,511
Businesses
463
Date | Event | Price |
|---|---|---|
| 2025-10-01 | Listing removed | $283,000 |
| 2025-09-03 | Price change | $283,000 |
| 2025-08-14 | Listed for sale | $289,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-16 | $2009.38 | 11.82% | $215,800 | 8.66% |
| 2023-10-16 | $1797.00 | 15.56% | $198,600 | 9.60% |
| 2022-10-16 | $1555.00 | 8.36% | $181,200 | 15.41% |



Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A