1024 Chelsea DrGoodlettsvilleTN37072
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Goodlettsville at 1024 Chelsea Dr, Goodlettsville, TN, 37072 uses $111,019 cash to close to unlock $8,201/yr annual cash flow and $683/mo monthly cash flow. Total monthly income runs $2,688/mo, and a $1,639/mo payment keeps the spread at $683/mo. Purchase price stands at $334,900, and rental yield measures 9.63% with $2,688/mo rent. Return on cash invested shows 27.3% in year one, and 5% annual appreciation builds toward $92,527 over five years. Five-year ROI reaches 142.2% and total cumulative return in cash records $157,873. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,688/mo property income covering a $1,639/mo payment rather than investor’s personal income.
Single Family
Built in 2007
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37072, Goodlettsville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,710 (100%) |
| Owner Occupied HU | 9,306 (63.3%) |
| Renter Occupied HU | 4,549 (30.9%) |
| Vacant Housing Units | 855 ( 5.8%) |
| Median Home Value | $412,611 |
| Average Home Value | $494,904 |
Housing Distribution
Address Breakdown
Residential
13,797
Single Family
11,144
Multi-Family
2,653
Businesses
1,013
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Listed by: Eddie Cox • Benchmark Realty, LLC
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2990785
Disclaimer: Based on information submitted to the MLS GRID as of 2025-09-08 07:28:17 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#99)