108 McFerrin AveNashvilleTN37206
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
Rental property for sale in Nashville at 108 McFerrin Ave, Nashville, TN, 37206 generates $4,190/mo in rent and, after a $2,628/mo payment, leaves $976/mo in cash flow. Total monthly income is $4,190/mo, and annual cash flow is $11,711/yr on $176,640 invested. Return on cash invested sits at 26.69% in year one, and rental yield is 9.36% on a $536,900 entry. Equity gained on principal adds $3,465/yr, while 5% annual appreciation builds toward $148,336 over five years. Five-year ROI reaches 138.9% and total cumulative return in cash sums $245,353. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,190/mo property income rather than buyer’s personal income.
Single Family
Built in 1915
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37206, Nashville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,502 (100%) |
| Owner Occupied HU | 6,329 (43.6%) |
| Renter Occupied HU | 6,132 (42.3%) |
| Vacant Housing Units | 2,041 (14.1%) |
| Median Home Value | $597,260 |
| Average Home Value | $651,554 |
Housing Distribution
Address Breakdown
Residential
13,890
Single Family
11,532
Multi-Family
2,358
Businesses
887
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices