225 S Delaware StAlbanyIN47320
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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 Albany at 225 S Delaware St, Albany, IN, 47320 at $107,900 posts ROI 25.79% with $175/mo cash flow from $823/mo rent. Total monthly income equals $823/mo, and annual cash flow records $2,105/yr on $35,769 to close. Return on cash invested measures 25.79% and rental yield reads 9.15% at the current $107,900. Equity gained on principal adds $696/yr, and 5% annual appreciation supports $29,811 by year five. Five-year ROI prints 134.23% and total cumulative return in cash totals $48,012.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $823/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1955
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47320, Albany, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,805 (100%) |
| Owner Occupied HU | 1,321 (73.2%) |
| Renter Occupied HU | 334 (18.5%) |
| Vacant Housing Units | 150 ( 8.3%) |
| Median Home Value | $193,394 |
| Average Home Value | $216,785 |
Housing Distribution
Address Breakdown
Residential
1,707
Single Family
1,707
Multi-Family
0
Businesses
90
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Listed by: Sean Burcham • Coldwell Banker Real Estate Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202435450
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.