641D Begonia St SEDemotteIN46310
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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 641D Begonia St SE, Demotte, IN, 46310 at $224,000 posts ROI 33.58% with $846/mo cash flow from $2,190/mo rent. Total monthly income equals $2,190/mo, and annual cash flow records $10,149/yr on $74,256 to close. Return on cash invested measures 33.58% and rental yield reads 11.73% at the current $224,000. Equity gained on principal adds $1,445/yr, and 5% annual appreciation supports $61,887 by year five. Five-year ROI prints 175.9% and total cumulative return in cash totals $130,615.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,190/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1993
N/A 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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