193 E Biggs RdPortlandTN37148
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Total monthly income runs $3,079/mo, and a $2,691/mo payment. Purchase price stands at $549,900, and rental yield measures 6.72% with $3,079/mo rent. Return on cash invested shows 18.65% in year one, and 5% annual appreciation builds toward $151,927 over five years. Five-year ROI reaches 95.8% and total cumulative return in cash records $173,318. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,079/mo property income covering a $2,691/mo payment rather than investor’s personal income.
Single Family
Built in 2002
11.10 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michelle Thomas • Coldwell Banker Legacy Group
Mls Name: RASK
Mls Provider:
Mls ID: #RA20251893
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.