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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% |
Total monthly income runs $1,205/mo, and a $1,197/mo payment. Purchase price stands at $244,500, and rental yield measures 5.91% with $1,205/mo rent. Return on cash invested shows 16.02% in year one, and 5% annual appreciation builds toward $67,551 over five years. Five-year ROI reaches 81.78% and total cumulative return in cash records $66,287. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,205/mo property income covering a $1,197/mo payment rather than investor’s personal income.
Single Family
Built in 1975
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47371, Portland, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,287 (100%) |
| Owner Occupied HU | 3,461 (65.5%) |
| Renter Occupied HU | 1,302 (24.6%) |
| Vacant Housing Units | 524 ( 9.9%) |
| Median Home Value | $140,267 |
| Average Home Value | $207,376 |
Residential
5,051
Single Family
4,986
Multi-Family
65
Businesses
459
Date | Event | Price |
|---|---|---|
| 2025-04-08 | Listed for sale | $244,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
What's Special
Pull Down Stairs
Listed by: Melissa Puterbaugh • Loy Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202511745
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
