106 N Main StMoroccoIN47963
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Morocco at 106 N Main St, Morocco, IN, 47963 offers $1,096/mo rent that, after a $631/mo payment, leaves $322/mo cash flow. Total monthly income is $1,096/mo, and annual cash flow is $3,864/yr on $42,764 cash. Return on cash invested measures 28.95% in year one, and rental yield stands at 10.2% at a $129,000 entry. Equity gained on principal adds $832/yr while 5% annual appreciation compounds into $35,640 by year five. Five-year ROI records 151.17% and total cumulative return in cash reaches $64,645. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,096/mo property income versus a $631/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1896
7,501 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47963, Morocco, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 968 (100%) |
| Owner Occupied HU | 692 (71.5%) |
| Renter Occupied HU | 180 (18.6%) |
| Vacant Housing Units | 96 ( 9.9%) |
| Median Home Value | $201,818 |
| Average Home Value | $217,760 |
Housing Distribution
Address Breakdown
Residential
517
Single Family
517
Multi-Family
0
Businesses
69
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Nearby investment properties with comparable prices
Listed by: Trisha Potts • RE/MAX Executives
Mls Name: NIRA
Mls Provider:
Mls ID: #817320
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.