Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 913 S Bridge St, Portland, IN, 47371 uses $36,465 cash to close to unlock $6,376/yr annual cash flow and $531/mo monthly cash flow. Total monthly income runs $1,226/mo, and a $538/mo payment keeps the spread at $531/mo. Purchase price stands at $110,000, and rental yield measures 13.37% with $1,226/mo rent. Return on cash invested shows 37.39% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 196.86% and total cumulative return in cash records $71,784. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,226/mo property income covering a $538/mo payment rather than investor’s personal income.
Single Family
Built in 1916
7,405 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 |
|---|---|---|
| 2025-05-15 | Sold | $110,000 |
| 2025-04-18 | Pending sale | $109,900 |
| 2025-04-16 | Price change | $109,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | $1330.12 | 2.31% | $68,800 | 6.34% |
| 2023-10-22 | $1300.08 | 362.46% | $64,700 | 2.37% |
| 2022-10-22 | $281.12 | 24.54% | $63,200 | 8.59% |
Listed by: Mitch Waters • Home Experts Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202436753
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.
