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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 9019 N 900 W, Delphi, IN, 46923 offers a 15.45% rental yield on a $169,000 purchase with $2,176/mo rent. Total monthly income registers $2,176/mo, and a $827/mo payment leaves $1,162/mo available for distribution. Annual cash flow reaches $13,940/yr on $56,024 to close, and return on cash invested stands at 44.79% in year one. Equity gained on principal adds $1,091/yr while 5% annual appreciation supports $46,692 over five years. Portfolio math shows five-year ROI at 236.06% and total cumulative return in cash at $132,247. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,176/mo property income against a $827/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2020
1 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 |
|---|---|---|
| 2024-11-26 | Sold | $169,000 |
| 2024-10-01 | Listed for sale | $169,000 |
| 2024-06-27 | Sold | $40,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-02 | $953.98 | -2.66% | $115,800 | 19.88% |
| 2023-11-02 | $980.02 | -36.52% | $96,600 | -0.62% |
| 2022-11-02 | $1543.84 | 12.87% | $97,200 | -33.10% |
Listed by: Steve D Schwering • Schwering Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202438045
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.
