35 Pond View Dr, Delphi, IN, 46923 | 3.05% Rental Yield

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35 Pond View Dr, Delphi, IN, 46923 | 3.05% Rental Yield | Ziffy

For Sale

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

Rental property for sale in Delphi at 35 Pond View Dr, Delphi, IN, 46923 priced at $496,000 converts $1,260/mo rent into after a $2,428/mo obligation. Total monthly income equals $1,260/mo. Return on cash invested prints 7.37% in year one, and rental yield reads 3.05% against a $496,000 entry. Equity gained on principal adds $3,201/yr, while 5% annual appreciation compiles into $137,036 by year five. Five-year ROI reaches 35.39% and total cumulative return in cash sums $58,188. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,260/mo property income covering a $2,428/mo payment, not borrower’s personal income.

Single Family

Built in 2025

1.65 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to 35 Pond View Drive! With a peaceful pond as its backdrop, this thoughtfully designed residence offers 3 bedrooms, a private office, and a sunroom that floods the interior with natural light. The open-concept layout highlights a spacious kitchen with a bold navy island as its centerpiece, seamlessly flowing into the living. and dining areas for effortless entertaining. A three-car garage provides plenty of space for storage and convenience, while thoughtful design details throughout create a home that is both functional and inviting

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