707 Main St,Rockport,IN,47635

Investment Highlights

Rental property for sale in Rockport at 707 Main St, Rockport, IN, 47635 offers $1,326/mo rent that, after a $761/mo payment, leaves $393/mo cash flow. Total monthly income is $1,326/mo, and annual cash flow is $4,713/yr on $51,515 cash. Return on cash invested measures 29.06% in year one, and rental yield stands at 10.24% at a $155,400 entry. Equity gained on principal adds $1,003/yr while 5% annual appreciation compounds into $42,934 by year five. Five-year ROI records 151.66% and total cumulative return in cash reaches $78,129. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,326/mo property income versus a $761/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.