149 Cora StPortlandTN37148
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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
Investment property for sale in Portland at 149 Cora St, Portland, TN, 37148 uses $109,362 cash to close to unlock $2,446/yr annual cash flow and $204/mo monthly cash flow. Total monthly income runs $2,179/mo, and a $1,615/mo payment keeps the spread at $204/mo. Purchase price stands at $329,900, and rental yield measures 7.93% with $2,179/mo rent. Return on cash invested shows 22.15% in year one, and 5% annual appreciation builds toward $91,145 over five years. Five-year ROI reaches 114.56% and total cumulative return in cash records $125,283. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,179/mo property income covering a $1,615/mo payment rather than investor’s personal income.
Single Family
Built in 2000
0.34 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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