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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Delphi at 6437 N 255 W, Delphi, IN, 46923 earns $647/mo cash flow from $1,967/mo rent with a $1,076/mo payment. Total monthly income totals $1,967/mo, and annual cash flow totals $7,767/yr on $72,897 capital. ROI tracks 30.56% on current figures, and rental yield reads 10.73% at a $219,900 purchase. Equity gained on principal adds $1,419/yr, and 5% annual appreciation supports $60,754 over five years. Five-year ROI reaches 159.78% and total cumulative return in cash sums $116,476. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,967/mo property income instead of your personal income.
Single Family
Built in 1913
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46923, Delphi, IN area.
| 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 |
Residential
3,286
Single Family
3,248
Multi-Family
38
Businesses
307
Date | Event | Price |
|---|---|---|
| 2024-11-14 | Listed for sale | $219,900 |
| 2022-02-18 | Sold | $194,875 |
| 2022-01-15 | Pending sale | $169,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-19 | $210.54 | -14.80% | $107,400 | 55.43% |
| 2022-11-19 | $247.12 | 0.70% | $69,100 | 9.34% |
| 2021-11-19 | $245.40 | 4.90% | $63,200 | 9.53% |
Listed by: Sherry Cole • Keller Williams Lafayette
Mls Name: IRMLS
Mls Provider:
Mls ID: #202444137
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.
