350 Portland BlvdPortlandTN37148
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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 350 Portland Blvd, Portland, TN, 37148 offers $2,304/mo rent that, after a $1,277/mo payment, leaves $742/mo cash flow. Total monthly income is $2,304/mo, and annual cash flow is $8,905/yr on $86,522 cash. Return on cash invested measures 30.2% in year one, and rental yield stands at 10.59% at a $261,000 entry. Equity gained on principal adds $1,684/yr while 5% annual appreciation compounds into $72,109 by year five. Five-year ROI records 157.81% and total cumulative return in cash reaches $136,543. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,304/mo property income versus a $1,277/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
0.27 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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