9 Blackberry LnDelphiIN46923
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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
Investment property for sale in Delphi at 9 Blackberry Ln, Delphi, IN, 46923 with 5% annual appreciation on a $177,900 basis while $1,511/mo rent supports operations. Total monthly income totals $1,511/mo and a $871/mo payment preserves $443/mo for cash returns. Annual cash flow comes to $5,314/yr on $58,974 deployed, and return on cash invested reaches 28.92% in year one. Equity gained on principal adds $1,148/yr, and five-year appreciation sums $49,150 alongside rental yield of 10.19%. Five-year ROI measures 150.93% and total cumulative return in cash totals $89,009.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,511/mo property income versus a $871/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2007
1,306 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
3,286
Single Family
3,248
Multi-Family
38
Businesses
307
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Listed by: Sherry Cole • Keller Williams Lafayette
Mls Name: IRMLS
Mls Provider:
Mls ID: #202436304
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.