11193 W 400 NDelphiIN46923
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 11193 W 400 N, Delphi, IN, 46923 listed at $204,900 pairs $1,475/mo rent with a $1,003/mo payment to leave $245/mo cash flow. Total monthly income runs $1,475/mo, and annual cash flow reaches $2,939/yr on $67,924 cash to close. Return on cash invested measures 24.24% in year one, and rental yield registers 8.64% at a $204,900 basis. Equity gained on principal adds $1,322/yr, and annual property appreciation at 5% supports $56,610 by year five. Five-year ROI tracks 125.8% and total cumulative return in cash totals $85,450. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,475/mo property income relative to a $1,003/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1971
0.89 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices