534 N Bredeick 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
Rental property for sale in Delphos at 534 N Bredeick St, Delphos, OH, 45833 offers $1,685/mo rent that, after a $734/mo payment, leaves $699/mo cash flow. Total monthly income is $1,685/mo, and annual cash flow is $8,384/yr on $49,692 cash. Return on cash invested measures 36.78% in year one, and rental yield stands at 13.49% at a $149,900 entry. Equity gained on principal adds $967/yr while 5% annual appreciation compounds into $41,415 by year five. Five-year ROI records 193.86% and total cumulative return in cash reaches $96,335. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,685/mo property income versus a $734/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
4,791 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: #308002
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.