414 N State StDelphosOH45833
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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
Investment Highlights
Investment property for sale in Delphos at 414 N State St, Delphos, OH, 45833 offers a 14.69% rental yield on a $149,000 purchase with $1,824/mo rent. Total monthly income registers $1,824/mo, and a $729/mo payment leaves $808/mo available for distribution. Annual cash flow reaches $9,691/yr on $49,394 to close, and return on cash invested stands at 39.53% in year one. Equity gained on principal adds $961/yr while 5% annual appreciation supports $41,166 over five years. Portfolio math shows five-year ROI at 208.92% and total cumulative return in cash at $103,192. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,824/mo property income against a $729/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1933
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45833, Delphos, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,542 (100%) |
| Owner Occupied HU | 3,294 (72.5%) |
| Renter Occupied HU | 958 (21.1%) |
| Vacant Housing Units | 290 ( 6.4%) |
| Median Home Value | $180,249 |
| Average Home Value | $210,647 |
Housing Distribution
Address Breakdown
Residential
4,416
Single Family
4,216
Multi-Family
200
Businesses
310
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Listed by: Nichole Horstman • At Home Realty
Mls Name: WCAR OH
Mls Provider:
Mls ID: #306187
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.