510 N Russell StPortlandTN37148
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
Rental property for sale in Portland at 510 N Russell St, Portland, TN, 37148 generates $2,003/mo in rent and, after a $1,415/mo payment, leaves $273/mo in cash flow. Total monthly income is $2,003/mo, and annual cash flow is $3,270/yr on $95,804 invested. Return on cash invested sits at 23.32% in year one, and rental yield is 8.32% on a $289,000 entry. Equity gained on principal adds $1,865/yr, while 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 120.9% and total cumulative return in cash sums $115,826. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,003/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
1.40 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