1945 Boardwalk Cir WPortageIN46368
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1945 Boardwalk Cir W, Portage, IN, 46368 at $365,000 posts ROI 23.12% with $323/mo cash flow from $2,534/mo rent. Total monthly income equals $2,534/mo, and annual cash flow records $3,882/yr on $120,998 to close. Return on cash invested measures 23.12% and rental yield reads 8.33% at the current $365,000. Equity gained on principal adds $2,355/yr, and 5% annual appreciation supports $100,843 by year five. Five-year ROI prints 119.88% and total cumulative return in cash totals $145,051.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,534/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
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: Karisa Marek • Boulder Bay Realty Group
Mls Name: NIRA
Mls Provider:
Mls ID: #819254
Disclaimer: Copyright 2025 MuItiple Listing Service of the Northwest Indiana REALTORS Association, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.