716 North St, Rockport, IN, 47635 | $285/mo Cash Flow

For Sale

Listed for sale 7 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Rockport at 716 North St, Rockport, IN, 47635 priced at $149,900 pairs $1,185/mo rent with $285/mo cash flow after a $734/mo payment. Total monthly income equals $1,185/mo, and annual cash flow comes to $3,418/yr on $49,692 invested. Return on cash invested is 26.79% in year one, and rental yield stands at 9.49% on a $149,900 basis. Equity gained on principal adds $967/yr, and 5% annual appreciation accumulates to $41,415 by year five. Five-year ROI measures 139.48% and total cumulative return in cash reaches $69,311. For financing, Ziffy Mortgage’s DSCR program evaluates $1,185/mo property income against a $734/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1900

7,492 sqft lot

$N/A/sqft

No HOA