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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 Portland at 1210 S Shank St, Portland, IN, 47371 earns $392/mo cash flow from $1,205/mo rent with a $663/mo payment. Total monthly income totals $1,205/mo, and annual cash flow totals $4,703/yr on $44,885 capital. ROI tracks 30.39% on current figures, and rental yield reads 10.68% at a $135,400 purchase. Equity gained on principal adds $874/yr, and 5% annual appreciation supports $37,409 over five years. Five-year ROI reaches 158.79% and total cumulative return in cash sums $71,274. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,205/mo property income instead of your personal income.
Single Family
Built in 1955
7,840 sqft 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Heather Clemmons • Starr Real Estate LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22059871
