1014 16th Ave S #407-B2Fp NashvilleTN37212
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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 Fp Nashville at 1014 16th Ave S #407-B2, Fp Nashville, TN, 37212 offers a 2.93% rental yield on a $910,000 purchase with $2,220/mo rent. 12% in year one. Equity gained on principal adds $5,872/yr while 5% annual appreciation supports $251,416 over five years. Portfolio math shows five-year ROI at 33.98% and total cumulative return in cash at $101,743. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,220/mo property income against a $4,454/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37212, Nashville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,374 (100%) |
| Owner Occupied HU | 2,640 (31.5%) |
| Renter Occupied HU | 4,406 (52.6%) |
| Vacant Housing Units | 1,328 (15.9%) |
| Median Home Value | $931,047 |
| Average Home Value | $1,068,155 |
Housing Distribution
Address Breakdown
Residential
7,376
Single Family
4,729
Multi-Family
2,647
Businesses
1,185
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Listed by: Kindy K. Hensler • Compass
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3073501