








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 857 Ravenstone Dr, Lafayette, IN, 47909 offers a 4.89% rental yield on a $587,900 purchase with $2,394/mo rent. 02% in year one. Equity gained on principal adds $3,794/yr while 5% annual appreciation supports $162,426 over five years. Portfolio math shows five-year ROI at 65.64% and total cumulative return in cash at $126,953. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,394/mo property income against a $2,877/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.26 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Derrick Webb • Merit Realty - Lafayette
Mls Name: IRMLS
Mls ID: #202533263