








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 3 Blackberry Ln, Delphi, IN, 46923 at $174,500 posts ROI 28.57% with $418/mo cash flow from $1,465/mo rent. Total monthly income equals $1,465/mo, and annual cash flow records $5,011/yr on $57,847 to close. Return on cash invested measures 28.57% and rental yield reads 10.07% at the current $174,500. Equity gained on principal adds $1,126/yr, and 5% annual appreciation supports $48,211 by year five. Five-year ROI prints 149.06% and total cumulative return in cash totals $86,226.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,465/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1993
N/A 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-19 | $618.32 | 221.07% | $116,700 | 14.08% |
| 2022-11-19 | $192.58 | 2.00% | $102,300 | 2.20% |
| 2021-11-19 | $188.80 | 3.93% | $100,100 | 31.54% |



Listed by: Joan Abbott • Joan Abbott Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202444658
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.