317 N Market StDelphiIN46923
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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
Rental property for sale in Delphi at 317 N Market St, Delphi, IN, 46923 priced at $179,900 pairs $1,488/mo rent with $408/mo cash flow after a $881/mo payment. Total monthly income equals $1,488/mo, and annual cash flow comes to $4,891/yr on $59,637 invested. Return on cash invested is 28.11% in year one, and rental yield stands at 9.93% on a $179,900 basis. Equity gained on principal adds $1,161/yr, and 5% annual appreciation accumulates to $49,703 by year five. Five-year ROI measures 146.62% and total cumulative return in cash reaches $87,441. For financing, Ziffy Mortgage’s DSCR program evaluates $1,488/mo property income against a $881/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1971
4,839 sqft 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
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