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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 720 W High St, Portland, IN, 47371 earns $46/mo cash flow from $1,006/mo rent with a $783/mo payment. Total monthly income totals $1,006/mo, and annual cash flow totals $549/yr on $53,007 capital. ROI tracks 20.95% on current figures, and rental yield reads 7.55% at a $159,900 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,177 over five years. Five-year ROI reaches 108.16% and total cumulative return in cash sums $57,330. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,006/mo property income instead of your personal income.
Single Family
Built in 1968
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 |
|---|---|---|
| 2025-05-23 | Listed for sale | $159,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-26 | $42.42 | 2.02% | $81,600 | 4.21% |
| 2023-05-26 | $41.58 | 2.01% | $78,300 | 1.69% |
| 2022-05-26 | $40.76 | 2.00% | $77,000 | 6.35% |
Listed by: Kim Loy • Loy Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202519214
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.
