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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% |
Investment property for sale in Portland at 606 E Walnut St, Portland, IN, 47371 with 5% annual appreciation on a $154,900 basis while $2,094/mo rent supports operations. Total monthly income totals $2,094/mo and a $758/mo payment preserves $1,164/mo for cash returns. Annual cash flow comes to $13,972/yr on $51,349 deployed, and return on cash invested reaches 47.12% in year one. Equity gained on principal adds $1,000/yr, and five-year appreciation sums $42,796 alongside rental yield of 16.22%. Five-year ROI measures 248.57% and total cumulative return in cash totals $127,640.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,094/mo property income versus a $758/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1860
8,712 sqft 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: Jerod Clark • Century 21 Advance
Mls Name: IRMLS
Mls ID: #202518130
