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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Portland at 3903 W 200th Rd S, Portland, IN, 47371 generates $1,205/mo in rent, after a $1,199/mo payment. Total monthly income is $1,205/mo. Return on cash invested sits at 15.99% in year one, and rental yield is 5.9% on a $244,900 entry. Equity gained on principal adds $1,580/yr, while 5% annual appreciation builds toward $67,661 over five years. Five-year ROI reaches 81.58% and total cumulative return in cash sums $66,233. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,205/mo property income rather than buyer’s personal income.
Single Family
Built in 1964
2.07 Acres 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Bryce Conyers • Starr Real Estate LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202528748
Disclaimer: 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.
