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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 7373 W Milkhouse Rd, Delphi, IN, 46923 with 5% annual appreciation on a $389,900 basis while $2,155/mo rent supports operations. 19% in year one. Equity gained on principal adds $2,516/yr, and five-year appreciation sums $107,722 alongside rental yield of 6.63%. Five-year ROI measures 93.36% and total cumulative return in cash totals $120,673. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,155/mo property income versus a $1,908/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1994
3 Acres 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 |
|---|---|---|
| 2024-10-24 | Listed for sale | $389,900 |
| 2003-12-01 | Sold | $173,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-19 | $1474.96 | 7.50% | $282,100 | 13.61% |
| 2022-11-19 | $1372.02 | 10.36% | $248,300 | 11.05% |
| 2021-11-19 | $1243.18 | 5.47% | $223,600 | 12.59% |
Listed by: Jill Coble • REAL ESTATE NETWORK L.L.C
Mls Name: IRMLS
Mls Provider:
Mls ID: #202441325
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.
