9321 W 950 N, Demotte, IN, 46310 | $796/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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9321 W 950 N, Demotte, IN, 46310 | $796/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Demotte at 9321 W 950 N, Demotte, IN, 46310 generates $1,996/mo in rent and, after a $978/mo payment, leaves $796/mo in cash flow. Total monthly income is $1,996/mo, and annual cash flow is $9,557/yr on $66,267 invested. Return on cash invested sits at 34.33% in year one, and rental yield is 11.98% on a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 179.96% and total cumulative return in cash sums $119,257. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,996/mo property income rather than buyer’s personal income.

Single Family

Built in 1968

1.53 Acres lot

$N/A/sqft

No HOA

More details about the property

Nestled on a tree lined 1.53 acre lot is where you'll find this ranch home. The covered front porch and a huge rear deck off great outdoor living opportunities! A spacious living room and the kitchen both offer deck access . A separate laundry room connects to a walk in pantry for convenient storage. Three bedrooms and a 3/4 bath with a custom tiled shower round out this 1152 sqft floor plan. The tree lined back yard gives you plenty of room to roam! A 24 x 40 detached pole barn style garage gives you room for the toys! Located just minutes from I65 access for the commuters. This one comes with all appliances and listed aggressively at only 199,900!!!

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