628A Begonia St SEDemotteIN46310
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
Rental property for sale in Demotte at 628A Begonia St SE, Demotte, IN, 46310 generates $1,992/mo in rent and, after a $1,224/mo payment, leaves $341/mo in cash flow. Total monthly income is $1,992/mo, and annual cash flow is $4,091/yr on $82,875 invested. Return on cash invested sits at 24.85% in year one, and rental yield is 9.56% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 129.87% and total cumulative return in cash sums $107,626. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,992/mo property income rather than buyer’s personal income.
Condo
Built in 1993
N/A lot
$N/A/sqft
$150 monthly 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: Denise Orsburn • Countryside Realty
Mls Name: NIRA
Mls Provider:
Mls ID: #819305
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.