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No Credit CheckRent-to-Own

Portland, TN

New construction 3 bed 2 bath in Portland

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3
Bedrooms
2
Bathrooms
1,820
Sq Ft
3
Acres
2026
Year Built
Double Wide
Property Type

About This Home

New construction Capstone model home from Champion Homes

Location

Portland, TN 37148

General area shown — exact address is shared privately when you message the seller.

Rent-to-Own Terms

Monthly Payment
$1,695
Option Price
$280,000
Down Payment Required
$2,000
Term Length
30 years
Rent Credit Monthly
None
Early Payoff
✓ Available
Rent Escalation
No escalation
Balloon Payment
Not required

Responsibilities

Exterior Repairs
Resident responsible
Interior Repairs
Resident responsible
Major Systems
✓ Seller handles
Property Taxes
Resident pays
Insurance
Resident pays
Utilities
Resident pays
Property Condition
Sold as-is
Repair Credits
Not applicable

Qualification Requirements

Credit Check✓ No credit check required
Income VerificationRequired
Background CheckRequired
Minimum Income$2,500/month

Transparency & Documentation

Existing Mortgage
✓ No existing mortgage
Memorandum of Option
Not specified
Title Insurance
Not offered
Attorney Prepared Docs
Standard documents
TN✅ RTO Friendly State

RTO agreements are subject to state and local laws. Always consult a licensed real estate attorney in TN before signing any agreement.

Find a TN Real Estate Attorney →

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Analyze This Deal

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Ownsley is a listing marketplace only. Always consult a licensed attorney before signing any RTO agreement. Learn more →