177 Mitchell RdPortlandTN37148
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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 177 Mitchell Rd, Portland, TN, 37148 listed at $289,777 pairs $2,340/mo rent with a $1,418/mo payment to leave $606/mo cash flow. Total monthly income runs $2,340/mo, and annual cash flow reaches $7,268/yr on $96,061 cash to close. Return on cash invested measures 27.47% in year one, and rental yield registers 9.69% at a $289,777 basis. Equity gained on principal adds $1,870/yr, and annual property appreciation at 5% supports $80,060 by year five. Five-year ROI tracks 143.15% and total cumulative return in cash totals $137,514. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,340/mo property income relative to a $1,418/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1999
1.73 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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