1002A Caldwell AveNashvilleTN37204
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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 Nashville at 1002A Caldwell Ave, Nashville, TN, 37204 priced at $1,165,000 converts $3,980/mo rent into after a $5,702/mo obligation. Total monthly income equals $3,980/mo. Return on cash invested prints 10.85% in year one, and rental yield reads 4.1% against a $1,165,000 entry. Equity gained on principal adds $7,518/yr, while 5% annual appreciation compiles into $321,868 by year five. Five-year ROI reaches 53.91% and total cumulative return in cash sums $203,487. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,980/mo property income covering a $5,702/mo payment, not borrower’s personal income.
Single Family
Built in 2015
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37204, Nashville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,951 (100%) |
| Owner Occupied HU | 3,610 (45.4%) |
| Renter Occupied HU | 3,509 (44.1%) |
| Vacant Housing Units | 832 (10.5%) |
| Median Home Value | $885,829 |
| Average Home Value | $995,905 |
Housing Distribution
Address Breakdown
Residential
7,530
Single Family
4,994
Multi-Family
2,536
Businesses
1,364
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