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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 Rockport at 615 Washington St, Rockport, IN, 47635 uses $74,588 cash to close to unlock $5,923/yr annual cash flow and $494/mo monthly cash flow. Total monthly income runs $1,844/mo, and a $1,101/mo payment keeps the spread at $494/mo. Purchase price stands at $225,000, and rental yield measures 9.83% with $1,844/mo rent. Return on cash invested shows 27.85% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 145.19% and total cumulative return in cash records $108,297. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,844/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1876
4,791 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-09-19 | Listed for sale | $225,000 |
| 2025-07-23 | Listing removed | $225,000 |
| 2025-07-10 | Price change | $225,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-21 | $453.80 | 4.16% | $74,100 | 8.65% |
| 2023-09-21 | $435.68 | 8.82% | $68,200 | 9.82% |
| 2022-09-21 | $400.38 | -0.65% | $62,100 | 21.53% |
Listed by: Beau Johnson • @properties
Mls Name: IRMLS
Mls Provider:
Mls ID: #202537964
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