716 W 2nd StDelphosOH45833
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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
Rental property for sale in Delphos at 716 W 2nd St, Delphos, OH, 45833 priced at $199,900 pairs $1,662/mo rent with $348/mo cash flow after a $978/mo payment. Total monthly income equals $1,662/mo, and annual cash flow comes to $4,170/yr on $66,267 invested. Return on cash invested is 26.2% in year one, and rental yield stands at 9.98% on a $199,900 basis. Equity gained on principal adds $1,290/yr, and 5% annual appreciation accumulates to $55,229 by year five. Five-year ROI measures 137.12% and total cumulative return in cash reaches $90,865. For financing, Ziffy Mortgage’s DSCR program evaluates $1,662/mo property income against a $978/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
6,534 sqft lot
$N/A/sqft
No HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| 2024-08-22 | Sold | $76,500 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-19 | $2797.40 | 44.55% | $41,290 | 44.98% |
| 2022-03-19 | $1935.22 | N/A | $28,480 | N/A |
| 2021-03-19 | $1935.22 | N/A | $28,480 | N/A |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1900
- Architectural Style: See Remarks
- Building Area: 1,584
- Living Area: 1,584 sqft
- Property Condition: Updated/Remodeled
Features & Amenities
- Heating: Forced Air
- Cooling: Central Air
- Flooring: Carpet, Vinyl
- Interior Features: N/A
- Exterior Features: Breezeway
- Parking Features: Detached, Garage
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Jacob McKissick • Dye Real Estate & Land Company
Mls Name: WCAR OH
Mls Provider:
Mls ID: #306514
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.