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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 Morocco at 306 N Main St, Morocco, IN, 47963 offers a 9.09% rental yield on a $129,900 purchase with $984/mo rent. Total monthly income registers $984/mo, and a $636/mo payment leaves $204/mo available for distribution. Annual cash flow reaches $2,448/yr on $43,062 to close, and return on cash invested stands at 25.59% in year one. Equity gained on principal adds $838/yr while 5% annual appreciation supports $35,889 over five years. Portfolio math shows five-year ROI at 133.19% and total cumulative return in cash at $57,355. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $984/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1890
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47963, Morocco, IN area.
| 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 |
Residential
517
Single Family
517
Multi-Family
0
Businesses
69
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: Trevor Mills • Weichert, Realtors-Moke Agency
Mls Name: NIRA
Mls ID: #831130
