Is West Lafayette, IN a good place to invest in rental property?

West Lafayette, IN has a median modeled monthly cash flow of $-1,116 and a median cap rate of 3.0%, on a median sold price of $385,000. Prices changed +1.1% year over year.

What is the average cap rate in West Lafayette, IN?

The median cap rate across recently sold homes in West Lafayette, IN is 3.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in West Lafayette, IN?

The median sold price in West Lafayette, IN is $385,000 (about $186 per square foot).

Investing in West Lafayette, IN Real Estate

A data-driven snapshot of the West Lafayette, IN rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$385,000Median sold price

$186Median $/sqft

3.0%Median cap rate

$-1,116Modeled cash flow / mo

+1.1%Appreciation YoY

6.7Months of supply

314Active listings

566Sold (last 12 mo)

What the West Lafayette numbers say

In West Lafayette, IN, the median home sold for $385,000 (about $186 per square foot), and the typical deal models out to a 3.0% cap rate with a median $-1,116 of monthly cash flow. Sold prices moved +1.1% over the past year. Inventory sits at about 6.7 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Indiana markets to compare

See West Lafayette cash-flowing listings

CashFlowRE ranks every for-sale home in West Lafayette, IN by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen West Lafayette deals, or browse the national market data.