10342 N 486 EDemotteIN46310
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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
Total monthly income runs $671/mo, and a $1,270/mo payment. Purchase price stands at $259,500, and rental yield measures 3.1% with $671/mo rent. Return on cash invested shows 7.54% in year one, and 5% annual appreciation builds toward $71,695 over five years. Five-year ROI reaches 36.3% and total cumulative return in cash records $31,229. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $671/mo property income covering a $1,270/mo payment rather than investor’s personal income.
Single Family
Built in 1972
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46310, Demotte, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,852 (100%) |
| Owner Occupied HU | 4,635 (79.2%) |
| Renter Occupied HU | 964 (16.5%) |
| Vacant Housing Units | 253 ( 4.3%) |
| Median Home Value | $225,548 |
| Average Home Value | $253,131 |
Housing Distribution
Address Breakdown
Residential
5,660
Single Family
5,326
Multi-Family
334
Businesses
345
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Listed by: Alexa Williams • RE/MAX Executives
Mls Name: NIRA
Mls Provider:
Mls ID: #821529
Disclaimer: Copyright 2025 MuItiple Listing Service of the Northwest Indiana REALTORS Association, Inc. All rights reserved. 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.