1896 Boardwalk Cir EPortageIN46368
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Portage at 1896 Boardwalk Cir E, Portage, IN, 46368 earns $986/mo cash flow from $3,377/mo rent with a $1,933/mo payment. Total monthly income totals $3,377/mo, and annual cash flow totals $11,835/yr on $130,943 capital. ROI tracks 28.95% on current figures, and rental yield reads 10.26% at a $395,000 purchase. Equity gained on principal adds $2,549/yr, and 5% annual appreciation supports $109,131 over five years. Five-year ROI reaches 151.15% and total cumulative return in cash sums $197,922. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,377/mo property income instead of your personal income.
Single Family
Built in 2012
10,018 sqft lot
$N/A/sqft
$240 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46368, Portage, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,283 (100%) |
| Owner Occupied HU | 11,746 (68.0%) |
| Renter Occupied HU | 4,579 (26.5%) |
| Vacant Housing Units | 958 ( 5.5%) |
| Median Home Value | $249,146 |
| Average Home Value | $299,797 |
Housing Distribution
Address Breakdown
Residential
16,473
Single Family
13,813
Multi-Family
2,660
Businesses
1,039
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Listed by: Madison Young • Brokerworks Group
Mls Name: NIRA
Mls Provider:
Mls ID: #818402
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