




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 Demotte at 10573 N 274 E, Demotte, IN, 46310 listed at $199,900 pairs $1,548/mo rent with a $978/mo payment to leave $348/mo cash flow. Total monthly income runs $1,548/mo, and annual cash flow reaches $4,181/yr on $66,267 cash to close. Return on cash invested measures 26.22% in year one, and rental yield registers 9.29% at a $199,900 basis. Equity gained on principal adds $1,290/yr, and annual property appreciation at 5% supports $55,229 by year five. Five-year ROI tracks 136.45% and total cumulative return in cash totals $90,421. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,548/mo property income relative to a $978/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1995
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46310, Demotte, IN area.
| 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 |
Residential
5,660
Single Family
5,326
Multi-Family
334
Businesses
345
Date | Event | Price |
|---|---|---|
| 2025-04-23 | Listed for sale | $199,900 |
| 2010-11-05 | Sold | $104,000 |
| 2010-06-12 | Price change | $104,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-24 | $521.90 | -21.19% | $114,000 | 16.92% |
| 2023-04-24 | $662.24 | 26.65% | $97,500 | -5.34% |
| 2022-04-24 | $522.88 | -8.73% | $103,000 | 16.38% |



Listed by: Barbara Morgin • Morgin Realty
Mls Name: NIRA
Mls Provider:
Mls ID: #819547
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