1010 S Hamilton StDelphiIN46923
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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
Investment Highlights
Investment property for sale in Delphi at 1010 S Hamilton St, Delphi, IN, 46923 uses $70,477 cash to close to unlock $5,296/yr annual cash flow and $441/mo monthly cash flow. Total monthly income runs $1,718/mo, and a $1,041/mo payment keeps the spread at $441/mo. Purchase price stands at $212,600, and rental yield measures 9.7% with $1,718/mo rent. Return on cash invested shows 27.42% in year one, and 5% annual appreciation builds toward $58,737 over five years. Five-year ROI reaches 142.93% and total cumulative return in cash records $100,732. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,718/mo property income covering a $1,041/mo payment rather than investor’s personal income.
Single Family
Built in 1955
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46923, Delphi, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
3,286
Single Family
3,248
Multi-Family
38
Businesses
307
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