273 Running Meadows 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 273 Running Meadows Rd, Portland, TN, 37148 offers a 11.75% rental yield on a $239,000 purchase with $2,340/mo rent. Total monthly income registers $2,340/mo, and a $1,170/mo payment leaves $909/mo available for distribution. Annual cash flow reaches $10,909/yr on $79,229 to close, and return on cash invested stands at 33.68% in year one. Equity gained on principal adds $1,542/yr while 5% annual appreciation supports $66,031 over five years. Portfolio math shows five-year ROI at 176.47% and total cumulative return in cash at $139,812. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,340/mo property income against a $1,170/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1999
6.10 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
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