2282 S Chris Dr, Rockport, IN, 47635 | $374/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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2282 S Chris Dr, Rockport, IN, 47635 | $374/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

Investment property for sale in Rockport at 2282 S Chris Dr, Rockport, IN, 47635 uses $89,472 cash to close to unlock $4,486/yr annual cash flow and $374/mo monthly cash flow. Total monthly income runs $1,994/mo, and a $1,321/mo payment keeps the spread at $374/mo. Purchase price stands at $269,900, and rental yield measures 8.87% with $1,994/mo rent. Return on cash invested shows 24.92% in year one, and 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 129.49% and total cumulative return in cash records $115,854. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,994/mo property income covering a $1,321/mo payment rather than investor’s personal income.

Single Family

Built in 1982

1.60 Acres lot

$N/A/sqft

No HOA

More details about the property

Totally remodeled home in quiet location only 6 miles from Owensboro Ky. Move in ready. 3 bedroom 2 baths, 2 car detached garage which is painted, new gutters and has new roof, new concrete, utility shed with exterior wood treated, updated electrical, septic redone with new owner getting a one-year warranty on septic. all new appliances, new windows and new vinyl wrap around windows, new 6"gutters, furnace updated, new water heater, updated luxury vinyl plank flooring, new counter tops and fixtures, cabinets redone in kitchen, new cabinets in baths, new doors, updated electrical and lighting. new deck on rear of home new driveway and front patio, Interior wood treated and painted, exterior logs treated. Termite preventative done to home with warranty See document list for all improvements done to the home. Why live in the city when you can have the quiet of the country