








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 #22, Portland, IN, 47371 listed at $219,200 pairs $1,452/mo rent with a $1,073/mo payment to leave $136/mo cash flow. Total monthly income runs $1,452/mo, and annual cash flow reaches $1,633/yr on $72,665 cash to close. Return on cash invested measures 22.16% in year one, and rental yield registers 7.95% at a $219,200 basis. Equity gained on principal adds $1,414/yr, and annual property appreciation at 5% supports $60,561 by year five. Five-year ROI tracks 114.71% and total cumulative return in cash totals $83,352. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,452/mo property income relative to a $1,073/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
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 |
|---|---|---|
| 2025-03-06 | Listing removed | $51,000 |
| 2025-03-04 | Listed for sale | $51,000 |
| 2025-02-03 | Listing removed | $51,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A