103 Nashay CtPortlandTN37148
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Portland at 103 Nashay Ct, Portland, TN, 37148 priced at $319,900 converts $2,191/mo rent into $276/mo cash flow after a $1,566/mo obligation. Total monthly income equals $2,191/mo, and annual cash flow totals $3,309/yr on $106,047 invested. Return on cash invested prints 23.03% in year one, and rental yield reads 8.22% against a $319,900 entry. Equity gained on principal adds $2,064/yr, while 5% annual appreciation compiles into $88,382 by year five. Five-year ROI reaches 119.31% and total cumulative return in cash sums $126,524. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,191/mo property income covering a $1,566/mo payment, not borrower’s personal income.
Single Family
Built in 2005
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37148, Portland, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,172 (100%) |
| Owner Occupied HU | 7,406 (72.8%) |
| Renter Occupied HU | 2,203 (21.7%) |
| Vacant Housing Units | 563 ( 5.5%) |
| Median Home Value | $356,701 |
| Average Home Value | $401,575 |
Housing Distribution
Address Breakdown
Residential
10,216
Single Family
10,091
Multi-Family
125
Businesses
612
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