612 W Arch StPortlandIN47371
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 612 W Arch St, Portland, IN, 47371 in Portland. At $190,000 it earns $1,404/mo in rent and distributes $263/mo to the owner after the $854/mo payment, a consistent 8.87% yield. DSCR 1.64 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $52,494 in value; $1,750/yr in principal paydown compounds ownership stake. Total projected return: $88,899.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 7.0% |
| Monthly Cash Flow | $263 | $200 |
City averages based on Portland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,404 |
| Total Monthly Debt Service | $1,065 |
| DSCR Ratio | 1.32x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1909
0.27 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
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
Single Family
Built in 1909
0.27 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
Nearby investment properties with comparable prices