633 E 2nd St, Delphos, OH, 45833 | $827/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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633 E 2nd St, Delphos, OH, 45833 | $827/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

Rental property for sale in Delphos at 633 E 2nd St, Delphos, OH, 45833 generates $2,471/mo in rent and, after a $1,223/mo payment, leaves $827/mo in cash flow. Total monthly income is $2,471/mo, and annual cash flow is $9,928/yr on $82,842 invested. Return on cash invested sits at 31.89% in year one, and rental yield is 11.87% on a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 167.66% and total cumulative return in cash sums $138,890. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,471/mo property income rather than buyer’s personal income.

Single Family

Built in 1900

7,405 sqft lot

$N/A/sqft

No HOA

More details about the property

This home might as well be a new build with all the improvements! This home is brand new from the studs up. Truthfully! This home features 5 bedrooms, 1 full bathroom, an open concept living/dining/kitchen, and a 1 car deep detached garage with 8 ft garage door. There is 2 downstairs bedrooms, along with a main floor bathroom and laundry room. New metal roof, furnace, AC unit, electrical, plumbing, water heater, Anderson windows, water line, gas line, sidewalk, doors, even the walls were moved for more space where it is needed! The kitchen includes brand new appliances, never been used. Many of the upgrades are Energy Star rated for more efficiency. The home has a 1,168 square foot clean and dry basement for easy access to all your mechanicals and plenty of storage. This home was remodeled with top-of-the-line products, elegance, and with modern design in mind! There are so many extra's in improvements to even name them all. A couple of them being a Manifold Water System, bamboo flooring on the main floor, humidifier system integrated with the thermostat, and enamel flaked porch floor. Professional photos are coming soon!

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