631 Williamson StRockportIN47635
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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
Investment Highlights
Investment property for sale in Rockport at 631 Williamson St, Rockport, IN, 47635 offers a 28.71% rental yield on a $105,000 purchase with $2,512/mo rent. Total monthly income registers $2,512/mo, and a $514/mo payment leaves $1,789/mo available for distribution. Annual cash flow reaches $21,464/yr on $34,808 to close, and return on cash invested stands at 81.58% in year one. Equity gained on principal adds $678/yr while 5% annual appreciation supports $29,010 over five years. Portfolio math shows five-year ROI at 434.5% and total cumulative return in cash at $151,238. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,512/mo property income against a $514/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1890
0.31 Acres lot
$N/A/sqft
No HOA
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Listed by: Kristie A Kirsch • SOLID GOLD REALTY, INC.
Mls Name: IRMLS
Mls Provider:
Mls ID: #202438407
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