Melrose Plan, Nelson Farms, Delaware, OH, 43015 | $275/mo Cash Flow

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

Rental property for sale in Delaware at Melrose Plan, Nelson Farms, Delaware, OH, 43015 offers $4,472/mo rent that, after a $3,123/mo payment, leaves $275/mo cash flow. Total monthly income is $4,472/mo, and annual cash flow is $3,301/yr on $209,899 cash. Return on cash invested measures 21.63% in year one, and rental yield stands at 8.41% at a $637,990 entry. Equity gained on principal adds $4,117/yr while 5% annual appreciation compounds into $176,265 by year five. Five-year ROI records 112.59% and total cumulative return in cash reaches $236,327. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,472/mo property income versus a $3,123/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 43015, Delaware, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	25,743 (100%)
Owner Occupied HU	17,018 (66.1%)
Renter Occupied HU	6,967 (27.1%)
Vacant Housing Units	1,758 ( 6.8%)
Median Home Value	$389,232
Average Home Value	$441,134