369 N Harris 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 369 N Harris Rd, Portland, TN, 37148 at $305,000 posts ROI 26.01% with $514/mo cash flow from $2,340/mo rent. Total monthly income equals $2,340/mo, and annual cash flow records $6,168/yr on $101,108 to close. Return on cash invested measures 26.01% and rental yield reads 9.21% at the current $305,000. Equity gained on principal adds $1,968/yr, and 5% annual appreciation supports $84,266 by year five. Five-year ROI prints 135.33% and total cumulative return in cash totals $136,834.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,340/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2006
0.32 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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