1021 Vida Way #101NolensvilleTN37135
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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 Nolensville at 1021 Vida Way #101, Nolensville, TN, 37135 generates $2,336/mo in rent and, after a $1,683/mo payment, leaves $278/mo in cash flow. Total monthly income is $2,336/mo, and annual cash flow is $3,331/yr on $114,003 invested. Return on cash invested sits at 22.83% in year one, and rental yield is 8.15% on a $343,900 entry. Equity gained on principal adds $2,219/yr, while 5% annual appreciation builds toward $95,013 over five years. Five-year ROI reaches 118.26% and total cumulative return in cash sums $134,815. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,336/mo property income rather than buyer’s personal income.
Condo
Built in 2022
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37135, Nolensville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,567 (100%) |
| Owner Occupied HU | 7,641 (89.2%) |
| Renter Occupied HU | 668 ( 7.8%) |
| Vacant Housing Units | 258 ( 3.0%) |
| Median Home Value | $702,872 |
| Average Home Value | $776,770 |
Housing Distribution
Address Breakdown
Residential
8,515
Single Family
8,354
Multi-Family
161
Businesses
503
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Listed by: Ying Lei Xiang • Realty One Group Music City
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3098508