6410 Hilltop DrDemotteIN46310
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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 6410 Hilltop Dr, Demotte, IN, 46310 uses $193,748 cash to close to unlock $1,924/yr annual cash flow and $160/mo monthly cash flow. Total monthly income runs $3,695/mo, and a $2,882/mo payment keeps the spread at $160/mo. Purchase price stands at $588,900, and rental yield measures 7.53% with $3,695/mo rent. Return on cash invested shows 21.05% in year one, and 5% annual appreciation builds toward $162,702 over five years. Five-year ROI reaches 108.71% and total cumulative return in cash records $210,619. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,695/mo property income covering a $2,882/mo payment rather than investor’s personal income.
Single Family
Built in 2009
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
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