13291 N County Road 700 WDemotteIN46310
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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 $1,561/mo payment. Purchase price stands at $319,000, and rental yield measures 2.52% with $671/mo rent. Return on cash invested shows 5.8% in year one, and 5% annual appreciation builds toward $88,134 over five years. Five-year ROI reaches 26.94% and total cumulative return in cash records $28,489. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $671/mo property income covering a $1,561/mo payment rather than investor’s personal income.
Single Family
Built in 1975
0.48 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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