4842 E 964 NDemotteIN46310
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 4842 E 964 N, Demotte, IN, 46310 in Demotte hard to pass up. The 10.91% gross yield on a $182,000 purchase results in $1,655/mo in rent and $562/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.02). Annual cash flow of $6,747, five-year appreciation of $50,283, and $1,676/yr in equity build-up combine for a projected total cumulative return of $105,124.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 8.0% |
| Monthly Cash Flow | $562 | $1,200 |
City averages based on Demotte market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,655 |
| Total Monthly Debt Service | $1,020 |
| DSCR Ratio | 1.62x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1977
0.40 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1977
0.40 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amber Otto • RE/MAX Executives
Mls Name: NIRA
Mls Provider:
Mls ID: #824018
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.