








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 Delphi at 1003 S Masonic St, Delphi, IN, 46923 uses $51,383 cash to close to unlock $4,551/yr annual cash flow and $379/mo monthly cash flow. Total monthly income runs $1,310/mo, and a $759/mo payment keeps the spread at $379/mo. Purchase price stands at $155,000, and rental yield measures 10.14% with $1,310/mo rent. Return on cash invested shows 28.77% in year one, and 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 150.15% and total cumulative return in cash records $77,152. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,310/mo property income covering a $759/mo payment rather than investor’s personal income.
Single Family
Built in 1950
2,308 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46923, Delphi, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,476 (100%) |
| Owner Occupied HU | 2,521 (72.5%) |
| Renter Occupied HU | 683 (19.6%) |
| Vacant Housing Units | 272 ( 7.8%) |
| Median Home Value | $171,232 |
| Average Home Value | $207,676 |
Residential
3,286
Single Family
3,248
Multi-Family
38
Businesses
307
Date | Event | Price |
|---|---|---|
| 2025-09-17 | Sold | $155,000 |
| 2025-08-17 | Pending sale | $154,900 |
| 2025-08-15 | Listed for sale | $154,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-17 | $1158.28 | 393.35% | $67,100 | 16.29% |
| 2023-10-17 | $234.78 | 9.03% | $57,700 | 27.65% |
| 2022-10-17 | $215.34 | -5.14% | $45,200 | 14.43% |



Listed by: Jason Conley • Raeco Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202532424
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.