Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Frankfort at 1055-1057 Delphi Ave, Frankfort, IN, 46041 generates $1,080/mo in rent, after a $925/mo payment. Total monthly income is $1,080/mo. Return on cash invested sits at 18.87% in year one, and rental yield is 6.86% on a $189,000 entry. Equity gained on principal adds $1,220/yr, while 5% annual appreciation builds toward $52,217 over five years. Five-year ROI reaches 97.03% and total cumulative return in cash sums $60,790. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,080/mo property income rather than buyer’s personal income.
Multi Family
Built in 1975
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46041, Frankfort, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,792 (100%) |
| Owner Occupied HU | 6,307 (64.4%) |
| Renter Occupied HU | 2,766 (28.2%) |
| Vacant Housing Units | 719 ( 7.3%) |
| Median Home Value | $177,745 |
| Average Home Value | $249,421 |
Residential
9,312
Single Family
8,983
Multi-Family
329
Businesses
701
Date | Event | Price |
|---|---|---|
| 2025-03-17 | Listed for sale | $189,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Alex C Risse • Risse Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202508647
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.
