568 Sienna AvePortageIN46368
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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
Rental property for sale in Portage at 568 Sienna Ave, Portage, IN, 46368 priced at $125,300 converts $2,400/mo rent into $1,648/mo cash flow after a $613/mo obligation. Total monthly income equals $2,400/mo, and annual cash flow totals $19,777/yr on $41,537 invested. Return on cash invested prints 67.52% in year one, and rental yield reads 22.98% against a $125,300 entry. Equity gained on principal adds $809/yr, while 5% annual appreciation compiles into $34,618 by year five. Five-year ROI reaches 358.04% and total cumulative return in cash sums $148,719. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,400/mo property income covering a $613/mo payment, not borrower’s personal income.
Manufactured
Built in 2025
N/A lot
$N/A/sqft
No 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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