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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 722 E Main St, Portland, IN, 47371 uses $34,774 cash to close to unlock $3,897/yr annual cash flow and $325/mo monthly cash flow. Total monthly income runs $954/mo, and a $513/mo payment keeps the spread at $325/mo. Purchase price stands at $104,900, and rental yield measures 10.91% with $954/mo rent. Return on cash invested shows 31.11% in year one, and 5% annual appreciation builds toward $28,982 over five years. Five-year ROI reaches 162.72% and total cumulative return in cash records $56,586. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $954/mo property income covering a $513/mo payment rather than investor’s personal income.
Single Family
Built in 1900
9,583 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 |
|---|---|---|
| 2025-08-01 | Listed for sale | $104,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-02 | $286.44 | 5.06% | $52,400 | 5.43% |
| 2023-08-02 | $272.64 | -6.10% | $49,700 | 4.19% |
| 2022-08-02 | $290.34 | 8.38% | $47,700 | 8.16% |
Listed by: Matt Glentzer • Re/Max Evolve
Mls Name: RLMS
Mls Provider:
Mls ID: #10051674
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.
