1014 16th Ave S UNIT 302NashvilleTN37212
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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 Nashville at 1014 16th Ave S UNIT 302, Nashville, TN, 37212 listed at $808,100 pairs $0/mo rent with a $3,955/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -1.77% in year one, and rental yield registers 0% at a $808,100 basis. Equity gained on principal adds $5,215/yr, and annual property appreciation at 5% supports $223,263 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $3,955/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Home Type Unknown
Built in N/A
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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