2256 W Fairview DrRockportIN47635
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 2256 W Fairview Dr, Rockport, IN, 47635 in Rockport hard to pass up. The 10% gross yield on a $515,000 purchase results in $4,292/mo in rent and $1,193/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (1.85). Annual cash flow of $14,311, five-year appreciation of $142,285, and $4,743/yr in equity build-up combine for a projected total cumulative return of $271,605.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10% | 6.0% |
| Monthly Cash Flow | $1,193 | $300 |
City averages based on Rockport market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,292 |
| Total Monthly Debt Service | $2,895 |
| DSCR Ratio | 1.48x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2000
0.88 Acres lot
$N/A/sqft
$100 annually HOA
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
Single Family
Built in 2000
0.88 Acres lot
$N/A/sqft
$100 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jacob Winkler • Key Associates Signature Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202432153
Disclaimer: 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.