5941 W 400 S, Delphi, IN, 46923 | $217/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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5941 W 400 S, Delphi, IN, 46923 | $217/mo Cash Flow | 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

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

More details about the property

This spacious ranch home sits on nearly an acre in Carroll County, just six miles north of Rossville. The home features three bedrooms, two bathrooms, and a comfortable layout with custom kitchen cabinets, a large mud/ laundry room with lots of possibilities and a cozy gas fireplace in the living room. Updates include a gas furnace installed in 2016, tankless water heater, remodeled kitchen, new laundry/mud room and 24 X24 Attached garage. Outside, youll enjoy a deck with a tree-lined backyard, offering plenty of privacy and room to relax. Full brick and on a crawl. A peaceful country setting, this property combines comfort, functionality, and charm.

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