








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Delphi at 2774 W 645 N, Delphi, IN, 46923 uses $53,040 cash to close to unlock $6,104/yr annual cash flow and $509/mo monthly cash flow. Total monthly income runs $1,469/mo, and a $783/mo payment keeps the spread at $509/mo. Purchase price stands at $160,000, and rental yield measures 11.02% with $1,469/mo rent. Return on cash invested shows 31.42% in year one, and 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 164.35% and total cumulative return in cash records $87,170. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,469/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1993
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46923, Delphi, IN area.
| 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 |
Residential
3,286
Single Family
3,248
Multi-Family
38
Businesses
307
Date | Event | Price |
|---|---|---|
| 2025-03-10 | Listed for sale | $160,000 |
| 1999-09-30 | Sold | $41,761 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-12 | $40.48 | 450.00% | $2,800 | N/A |
| 2023-03-12 | $7.36 | -7.54% | $2,800 | 47.37% |
| 2022-03-12 | $7.96 | -7.66% | $1,900 | N/A |



Listed by: Christian Smith • Real Broker, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202507510
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.