5941 W 400 SDelphiIN46923
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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 Delphi at 5941 W 400 S, Delphi, IN, 46923 uses $99,450 cash to close to unlock $2,598/yr annual cash flow and $217/mo monthly cash flow. Total monthly income runs $2,017/mo, and a $1,468/mo payment keeps the spread at $217/mo. Purchase price stands at $300,000, and rental yield measures 8.07% with $2,017/mo rent. Return on cash invested shows 22.52% in year one, and 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 116.63% and total cumulative return in cash records $115,992. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,017/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 1997
0.91 Acres 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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