Under $500K Investment Properties for Sale in Portland, IN

Listed for sale 2 days ago
$ 197,500
ROI
24.8
Cash Flow/m
278- 3 Bed
- 2 Bath
- 1400 sft
608 S Western Ave, Portland, IN, 47371

Listed for sale 5 days ago
$ 129,900
ROI
32.2
Cash Flow/m
449- 5 Bed
- 2 Bath
- 1368 sft
422 W Water St, Portland, IN, 47371

Listed for sale 6 days ago
$ 414,900
ROI
23.3
Cash Flow/m
404- 4 Bed
- 3 Bath
- 3590 sft
6647 W 350 S, Portland, IN, 47371

$ 129,900
ROI
31.5
Cash Flow/m
425- 3 Bed
- 1 Bath
- 1007 sft
533 N Meridian St, Portland, IN, 47371
Why Invest in Portland, Indiana?
Investing in Portland, IN for properties under $500k is a smart choice for those looking to balance affordability and potential returns. With a strong community atmosphere and access to essential services, this city appeals to families and young professionals alike. Investors can expect reasonable rental yields and a stable appreciation rate, making it an attractive market for buy-and-hold strategies.
7%
Avg. ROI
5.5%
Rental Yield
6.2%
Cap Rate
$300/mo
Avg. Cash Flow
$950/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in Portland, IN is currently around $950, making it a suitable market for rental investments.
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