724 Porter Norwood RdMansfieldTN38236
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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 Mansfield at 724 Porter Norwood Rd, Mansfield, TN, 38236 priced at $1,345,000 converts $3,844/mo rent into after a $6,583/mo obligation. Total monthly income equals $3,844/mo. Return on cash invested prints 8.78% in year one, and rental yield reads 3.43% against a $1,345,000 entry. Equity gained on principal adds $8,679/yr, while 5% annual appreciation compiles into $371,599 by year five. Five-year ROI reaches 42.82% and total cumulative return in cash sums $186,584. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,844/mo property income covering a $6,583/mo payment, not borrower’s personal income.
Single Family
Built in 2019
52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38236, Mansfield, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 328 (100%) |
| Owner Occupied HU | 245 (74.7%) |
| Renter Occupied HU | 41 (12.5%) |
| Vacant Housing Units | 42 (12.8%) |
| Median Home Value | $206,250 |
| Average Home Value | $248,918 |
Housing Distribution
Address Breakdown
Residential
277
Single Family
277
Multi-Family
0
Businesses
1
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Listed by: Wendy Casey • Moody Realty Company, Inc.
Mls Name: Tennessee Valley MLS
Mls Provider:
Mls ID: #133083
Disclaimer: Copyright Tennessee Valley Association of REALTORS. All rights reserved. Some or all of the listings displayed may not belong to the firm whose website is being visited. Information is deemed reliable but not guaranteed.