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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Demotte at 712 Elm Ct SW, Demotte, IN, 46310 priced at $239,900 converts $671/mo rent into after a $1,174/mo obligation. Total monthly income equals $671/mo. Return on cash invested prints 5.59% in year one, and rental yield reads 3.36% against a $239,900 entry. Equity gained on principal adds $1,548/yr, while 5% annual appreciation compiles into $66,280 by year five. Five-year ROI reaches 26.85% and total cumulative return in cash sums $21,355. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $671/mo property income covering a $1,174/mo payment, not borrower’s personal income.
Condo
Built in 1997
N/A lot
$N/A/sqft
$180 monthly HOA
Neighborhood data shown for ZIP Code: 46310, Demotte, IN area.
| 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 |
Residential
5,660
Single Family
5,326
Multi-Family
334
Businesses
345
Date | Event | Price |
|---|---|---|
| 2025-09-02 | Listed for sale | $239,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Natalie Martin • Listing Leaders
Mls Name: NIRA
Mls Provider:
Mls ID: #827009
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.
