8213 Division Rd, West Lafayette, IN, 47906 | 6.04% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

8213 Division Rd, West Lafayette, IN, 47906 | 6.04% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
3 Bath
2288 sft

5867 S 900 W, Westpoint, IN, 47992

4 Bed
4 Bath
3636 sft

5063 N 325 E, Attica, IN, 47918

2 Bed
3 Bath
1860 sft

4530 S Frye Hill Rd, Williamsport, IN, 47993

1 Bed
1 Bath
1200 sft

5123 S County Line Rd W, Westpoint, IN, 47992

Nearby investment properties with comparable prices

4 Bed
3 Bath
3904 sft

401 Dellwood Dr, Covington, IN, 47932

3 Bed
6 Bath
5280 sft

308 Liberty St, Covington, IN, 47932

4 Bed
5 Bath
5538 sft

1111 Washington St, Covington, IN, 47932

4 Bed
4 Bath
4416 sft

8800 Moonlight Ct, Westpoint, IN, 47992

Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

Explore more listings using simple english

Investment Highlights

Rental property for sale in West Lafayette at 8213 Division Rd, West Lafayette, IN, 47906 generates $2,887/mo in rent, after a $2,809/mo payment. Total monthly income is $2,887/mo. Return on cash invested sits at 16.51% in year one, and rental yield is 6.04% on a $574,000 entry. Equity gained on principal adds $3,704/yr, while 5% annual appreciation builds toward $158,586 over five years. Five-year ROI reaches 84.35% and total cumulative return in cash sums $159,297. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,887/mo property income rather than buyer’s personal income.

Single Family

Built in 1974

1.49 Acres lot

$N/A/sqft

No HOA

More details about the property

This beautifully updated 4-bedroom, 3-bathroom home sits on 1.5 acres of picturesque land in rural West Lafayette, just steps away from The Ravines Golf Course. Offering both tranquility and convenience, this home has been completely remodeled with modern updates throughout, while maintaining its classic charm. Recent upgrades include brand new HVAC, air conditioning, hot water heater, and a newer roofensuring comfort and reliability for years to come. Inside, youll find new flooring, fresh paint, and three completely remodeled bathrooms. The kitchen features brand-new stainless steel appliances, ideal for cooking and entertaining. The spacious den and full basement offer ample living space, while the primary suite boasts a private balcony and jacuzzi-style tub, perfect for relaxation. The large pole barn outside offers plenty of storage, a workshop, or extra space for your hobbies. This propertys prime location next to The Ravines Golf Course makes it an excellent potential Airbnb investment or quiet family retreat. Key Features: 4 Bedrooms | 3 Full Bathrooms Fully remodeled interior Brand new HVAC, A/C, and hot water heater Newer roof Brand-new stainless steel kitchen appliances Full basement and spacious den Jacuzzi-tub balcony off master suite Separate standing pole barn 1.5-acre partially wooded lot Adjacent to The Ravines Golf Course Schedule your private showing todaythis one wont last long!

Neighborhood Data

Neighborhood data shown for ZIP Code: 47906, West Lafayette, IN area.

Housing Distribution

Housing Statistics

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