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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 Rockport at 113 N 3rd St, Rockport, IN, 47635 offers a 9.13% rental yield on a $183,900 purchase with $1,399/mo rent. Total monthly income registers $1,399/mo, and a $900/mo payment leaves $295/mo available for distribution. Annual cash flow reaches $3,542/yr on $60,963 to close, and return on cash invested stands at 25.72% in year one. Equity gained on principal adds $1,187/yr while 5% annual appreciation supports $50,808 over five years. Portfolio math shows five-year ROI at 133.82% and total cumulative return in cash at $81,581. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,399/mo property income against a $900/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.25 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Chris Harney • Keller Williams Elite
Mls Name: IRMLS
Mls ID: #202526636
