516 Washington St,Rockport,IN,47635

Investment Highlights

Investment property for sale in Rockport at 516 Washington St, Rockport, IN, 47635 with 5% annual appreciation on a $140,000 basis while $992/mo rent supports operations. Total monthly income totals $992/mo and a $685/mo payment preserves $152/mo for cash returns. Annual cash flow comes to $1,822/yr on $46,410 deployed, and return on cash invested reaches 23.84% in year one. Equity gained on principal adds $903/yr, and five-year appreciation sums $38,679 alongside rental yield of 8.5%. Five-year ROI measures 123.67% and total cumulative return in cash totals $57,394.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $992/mo property income versus a $685/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.