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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 Demotte at 409 9th St SW, Demotte, IN, 46310 with 5% annual appreciation on a $275,000 basis while $2,317/mo rent supports operations. Total monthly income totals $2,317/mo and a $1,346/mo payment preserves $666/mo for cash returns. Annual cash flow comes to $7,995/yr on $91,163 deployed, and return on cash invested reaches 28.68% in year one. Equity gained on principal adds $1,775/yr, and five-year appreciation sums $75,977 alongside rental yield of 10.11%. Five-year ROI measures 149.67% and total cumulative return in cash totals $136,439.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,317/mo property income versus a $1,346/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1947
0.35 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 |
|---|---|---|
| 2025-04-04 | Price change | $275,000 |
| 2025-03-15 | Price change | $262,900 |
| 2025-03-02 | Listed for sale | $264,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-06 | $775.96 | 14.29% | $152,100 | 2.08% |
| 2023-04-06 | $678.94 | 2.81% | $149,000 | 17.42% |
| 2022-04-06 | $660.40 | -5.66% | $126,900 | 6.82% |
Listed by: Vicki Vicari • Impact Indiana Real Estate, LL
Mls Name: NIRA
Mls Provider:
Mls ID: #818502
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.
