Is Portage, IN a good place to invest in rental property?

Portage, IN has a median modeled monthly cash flow of $-610 and a median cap rate of 4.0%, on a median sold price of $290,000. Prices changed +6.3% year over year.

What is the average cap rate in Portage, IN?

The median cap rate across recently sold homes in Portage, IN is 4.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Portage, IN?

The median sold price in Portage, IN is $290,000 (about $169 per square foot).

Investing in Portage, IN Real Estate

A data-driven snapshot of the Portage, IN rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$290,000Median sold price

$169Median $/sqft

4.0%Median cap rate

$-610Modeled cash flow / mo

+6.3%Appreciation YoY

6.4Months of supply

276Active listings

514Sold (last 12 mo)

What the Portage numbers say

In Portage, IN, the median home sold for $290,000 (about $169 per square foot), and the typical deal models out to a 4.0% cap rate with a median $-610 of monthly cash flow. Sold prices moved +6.3% over the past year. Inventory sits at about 6.4 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Indiana markets to compare

See Portage cash-flowing listings

CashFlowRE ranks every for-sale home in Portage, IN by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Portage deals, or browse the national market data.