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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% |
Investment property for sale in Demotte at 9062 Pheasant Trace West Dr W, Demotte, IN, 46310 listed at $230,000 pairs $2,789/mo rent with a $1,126/mo payment to leave $1,408/mo cash flow. Total monthly income runs $2,789/mo, and annual cash flow reaches $16,897/yr on $76,245 cash to close. Return on cash invested measures 42.07% in year one, and rental yield registers 14.55% at a $230,000 basis. Equity gained on principal adds $1,484/yr, and annual property appreciation at 5% supports $63,545 by year five. Five-year ROI tracks 221.5% and total cumulative return in cash totals $168,883. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,789/mo property income relative to a $1,126/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1973
0.46 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-10-14 | Listing removed | $239,900 |
| 2025-09-30 | Pending sale | $239,900 |
| 2025-09-19 | Listed for sale | $239,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Sara Risner • McColly Real Estate
Mls Name: NIRA
Mls Provider:
Mls ID: #534474
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.
