111 W Franklin St, Delphi, IN, 46923 | $101/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

111 W Franklin St, Delphi, IN, 46923 | $101/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
960 sft

907 N 20th St APT 2, Lafayette, IN, 47904

3 Bed
1 Bath
1072 sft

1931 Morton St, Lafayette, IN, 47904

1 Bed
1 Bath
600 sft

7481 State Road 25 N, Lafayette, IN, 47905

3 Bed
2 Bath
1662 sft

CLAYTON 602 Woods Edge Plan, Woods Edge, West Lafayette, IN, 47906

Nearby investment properties with comparable prices

2 Bed
1 Bath
836 sft

528 Wellington Ct, Lafayette, IN, 47904

Investment Property+ 1 more

2 Bed
2 Bath
1140 sft

2205 Elk St, Lafayette, IN, 47904

2 Bed
1 Bath
1088 sft

1804 Maple St, Lafayette, IN, 47904

2 Bed
1 Bath
1156 sft

625 Wellington Ct, Lafayette, IN, 47904

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Delphi at 111 W Franklin St, Delphi, IN, 46923 with 5% annual appreciation on a $172,000 basis while $1,134/mo rent supports operations. Total monthly income totals $1,134/mo and a $842/mo payment preserves $101/mo for cash returns. Annual cash flow comes to $1,216/yr on $57,018 deployed, and return on cash invested reaches 22.04% in year one. Equity gained on principal adds $1,110/yr, and five-year appreciation sums $47,520 alongside rental yield of 7.91%. Five-year ROI measures 114.09% and total cumulative return in cash totals $65,053.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,134/mo property income versus a $842/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Multi Family

Built in 1900

1,698 sqft lot

$N/A/sqft

No HOA

More details about the property

Seize the chance to own this income-generating complex in a high-demand rental market. This well-maintained property features 3 spacious units which have all been recently updated each offering one bedroom, one bath, open concept living & kitchen with all appliances staying. designed to attract quality tenants and minimize vacancies. The 4th unit is main level which offers easy access for office space, retail and or start your own small business or lease for more potential income. don't let this opportunity slip away

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