7930 W 550 S, Delphi, IN, 46923 | $580/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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7930 W 550 S, Delphi, IN, 46923 | $580/mo Cash Flow | Ziffy

For Sale

Fix & Flip

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 Delphi at 7930 W 550 S, Delphi, IN, 46923 earns $580/mo cash flow from $1,841/mo rent with a $1,028/mo payment. Total monthly income totals $1,841/mo, and annual cash flow totals $6,963/yr on $69,615 capital. ROI tracks 29.91% on current figures, and rental yield reads 10.52% at a $210,000 purchase. Equity gained on principal adds $1,355/yr, and 5% annual appreciation supports $58,019 over five years. Five-year ROI reaches 156.28% and total cumulative return in cash sums $108,796. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,841/mo property income instead of your personal income.

Single Family

Built in 1907

1.30 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this inviting 4-bedroom, 1-bath home nestled on 1.3 acres just outside of Pyrmont. Perfectly located in the desirable Rossville School District, this property offers the ideal blend of rural serenity with convenient access to both Lafayette and Delphi. Step inside to discover a warm and welcoming living room with hardwood floors. The spacious eat-in kitchen has numerous windows that overlook the backyard and provide lots of natural lighting. The master bedroom and a 2nd bedroom are on the main level, and a loft and two additional bedrooms are upstairs. Enjoy the outdoors from the large back deck. Additional features include a 40 x 40 pole barn with concrete floors and shed, offering plenty of storage or room for hobbies and projects. Whether you're looking for a peaceful homestead or space to grow, this property is full of potential. Inspections welcome, but sold As-Is.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46923, Delphi, IN area.

Housing Distribution

Housing Statistics

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