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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% |
Rental property for sale in Morocco at 404 S Main St, Morocco, IN, 47963 priced at $165,500 converts $1,880/mo rent into $887/mo cash flow after a $810/mo obligation. Total monthly income equals $1,880/mo, and annual cash flow totals $10,639/yr on $54,863 invested. Return on cash invested prints 39.3% in year one, and rental yield reads 13.63% against a $165,500 entry. Equity gained on principal adds $1,068/yr, while 5% annual appreciation compiles into $45,725 by year five. Five-year ROI reaches 206.61% and total cumulative return in cash sums $113,352. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,880/mo property income covering a $810/mo payment, not borrower’s personal income.
Single Family
Built in 1900
0.36 Acres 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 |
|---|---|---|
| 2025-10-02 | Sold | $165,500 |
| 2025-09-06 | Pending sale | $184,900 |
| 2025-08-28 | Price change | $184,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-09 | $680.16 | -10.36% | $107,500 | 21.20% |
| 2023-10-09 | $758.76 | 14.91% | $88,700 | 5.47% |
| 2022-10-09 | $660.28 | 22.58% | $84,100 | 8.66% |
Listed by: Latisha Rainford • Countryside Realty
Mls Name: NIRA
Mls Provider:
Mls ID: #823585
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.
