2729 S County Road 300 EPortlandIN47371
Nearby investment properties with comparable rents
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
Total monthly income runs $1,205/mo, and a $5,384/mo payment. Purchase price stands at $1,100,000, and rental yield measures 1.31% with $1,205/mo rent. Return on cash invested shows 2.19% in year one, and 5% annual appreciation builds toward $303,910 over five years. Five-year ROI reaches 7.5% and total cumulative return in cash records $26,719. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,205/mo property income covering a $5,384/mo payment rather than investor’s personal income.
Manufactured
Built in 2004
58.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47371, Portland, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
5,051
Single Family
4,986
Multi-Family
65
Businesses
459
Nearby investment properties with comparable rents