756 Delphi Ave, Frankfort, IN, 46041 | $181/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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756 Delphi Ave, Frankfort, IN, 46041 | $181/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

Investment property for sale in Frankfort at 756 Delphi Ave, Frankfort, IN, 46041 uses $36,465 cash to close to unlock $2,173/yr annual cash flow and $181/mo monthly cash flow. Total monthly income runs $841/mo, and a $538/mo payment keeps the spread at $181/mo. Purchase price stands at $110,000, and rental yield measures 9.17% with $841/mo rent. Return on cash invested shows 25.87% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 134.66% and total cumulative return in cash records $49,104. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $841/mo property income covering a $538/mo payment rather than investor’s personal income.

Single Family

Built in 1951

0.50 Acres lot

$N/A/sqft

No HOA

More details about the property

Discover the potential in this spacious home set on a generous half-acre lot. With great bones and room to make it your own, this property offers a fantastic opportunity for those looking to add personal touches and value. Major updates have already been taken care of, including a 3-year-old roof, 4-year-old furnace, and 1-year-old A/C, giving you peace of mind as you bring your vision to life. Whether you're an investor or a homeowner with a creative eye, this home is full of possibilities. Don't miss the chance to transform this well-sized property into something truly special.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46041, Frankfort, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,792 (100%)
Owner Occupied HU	6,307 (64.4%)
Renter Occupied HU	2,766 (28.2%)
Vacant Housing Units	719 ( 7.3%)
Median Home Value	$177,745
Average Home Value	$249,421