




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 #42, Portland, IN, 47371 listed at $192,200 pairs $1,205/mo rent with a $941/mo payment to leave $51/mo cash flow. Total monthly income runs $1,205/mo, and annual cash flow reaches $612/yr on $63,714 cash to close. Return on cash invested measures 20.87% in year one, and rental yield registers 7.52% at a $192,200 basis. Equity gained on principal adds $1,240/yr, and annual property appreciation at 5% supports $53,101 by year five. Five-year ROI tracks 107.74% and total cumulative return in cash totals $68,647. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,205/mo property income relative to a $941/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
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 |
|---|---|---|
| 2024-11-25 | Listing removed | $52,500 |
| 2024-11-23 | Listing removed | $1,004 |
| 2024-10-05 | Price change | $1,004 |
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