641 Lima AveDelphosOH45833
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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 641 Lima Ave, Delphos, OH, 45833 uses $53,007 cash to close to unlock $2,314/yr annual cash flow and $193/mo monthly cash flow. Total monthly income runs $1,245/mo, and a $783/mo payment keeps the spread at $193/mo. Purchase price stands at $159,900, and rental yield measures 9.34% with $1,245/mo rent. Return on cash invested shows 24.27% in year one, and 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 126.79% and total cumulative return in cash records $67,206. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,245/mo property income covering a $783/mo payment rather than investor’s personal income.
Manufactured
Built in 1998
0.30 Acres 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: Rick Gable • Dick Clark Real Estate, LLC
Mls Name: WCAR OH
Mls Provider:
Mls ID: #306332
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.