2628 W Rockfield Rd, Delphi, IN, 46923 | $655/mo Cash Flow

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2628 W Rockfield Rd, Delphi, IN, 46923 | $655/mo Cash Flow | Ziffy

Pending

Fix & Flip

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Delphi at 2628 W Rockfield Rd, Delphi, IN, 46923 earns $655/mo cash flow from $1,555/mo rent with a $734/mo payment. Total monthly income totals $1,555/mo, and annual cash flow totals $7,857/yr on $49,725 capital. ROI tracks 35.71% on current figures, and rental yield reads 12.44% at a $150,000 purchase. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 over five years. Five-year ROI reaches 187.33% and total cumulative return in cash sums $93,150. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,555/mo property income instead of your personal income.

Single Family

Built in 1932

8,712 sqft lot

$N/A/sqft

No HOA

More details about the property

Conveniently located in Rockfield just off the Hoosier Heartland Highway, this charming farmhouse sits on a corner lot and offers a blend of country living and practical features. A spacious 20x30 pole barn provides ample storage and work space, perfect for hobbies, projects, or equipment. Inside, the main floor includes a laundry area, a cozy kitchen, a formal dining room, both a family room and living room, plus a welcoming foyer. Upstairs, the primary suite includes an ensuite with a secondary stand-up shower for added convenience. Full of character and potential, this property offers a unique opportunity to make it your own. Being sold as-is, its ready for its next chapter.

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