5780 E 1156 NDemotteIN46310
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
Investment Highlights
Investment property for sale in Demotte at 5780 E 1156 N, Demotte, IN, 46310 uses $124,627 cash to close to unlock $1,360/yr annual cash flow and $113/mo monthly cash flow. Total monthly income runs $2,370/mo, and a $1,840/mo payment keeps the spread at $113/mo. Purchase price stands at $375,950, and rental yield measures 7.56% with $2,370/mo rent. Return on cash invested shows 21% in year one, and 5% annual appreciation builds toward $103,868 over five years. Five-year ROI reaches 108.48% and total cumulative return in cash records $135,193. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,370/mo property income covering a $1,840/mo payment rather than investor’s personal income.
Single Family
Built in 2003
1 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