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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 1237 N Us Highway 27 #114, Portland, IN, 47371 offers a 8.87% rental yield on a $162,900 purchase with $1,204/mo rent. Total monthly income registers $1,204/mo, and a $797/mo payment leaves $226/mo available for distribution. Annual cash flow reaches $2,717/yr on $54,001 to close, and return on cash invested stands at 24.94% in year one. Equity gained on principal adds $1,051/yr while 5% annual appreciation supports $45,006 over five years. Portfolio math shows five-year ROI at 129.64% and total cumulative return in cash at $70,008. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,204/mo property income against a $797/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2025
N/A 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 |
|---|---|---|
| 2025-02-21 | Listing removed | $55,000 |
| 2025-02-20 | Listing removed | $973 |
| 2024-12-10 | Price change | $973 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • N/A
Mls Name: RHP Properties
Mls Provider:
Mls ID: #N/A
