609 Cedar St SWDemotteIN46310
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 609 Cedar St SW, Demotte, IN, 46310 at $274,000 posts ROI 27.96% with $609/mo cash flow from $2,254/mo rent. Total monthly income equals $2,254/mo, and annual cash flow records $7,312/yr on $90,831 to close. Return on cash invested measures 27.96% and rental yield reads 9.87% at the current $274,000. Equity gained on principal adds $1,768/yr, and 5% annual appreciation supports $75,701 by year five. Five-year ROI prints 145.81% and total cumulative return in cash totals $132,441.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,254/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1993
0.42 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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Nearby investment properties with comparable prices
Listed by: Racheal Keen • Advance Realty
Mls Name: NIRA
Mls Provider:
Mls ID: #822998
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.