116 Nashboro GrnsNashvilleTN37217
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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 Nashville at 116 Nashboro Grns, Nashville, TN, 37217 offers $1,866/mo rent that, after a $1,517/mo payment, leaves $11/mo cash flow. Total monthly income is $1,866/mo, and annual cash flow is $127/yr on $102,765 cash. Return on cash invested measures 20.03% in year one, and rental yield stands at 7.22% at a $310,000 entry. Equity gained on principal adds $2,000/yr while 5% annual appreciation compounds into $85,647 by year five. Five-year ROI records 103.24% and total cumulative return in cash reaches $106,099. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,866/mo property income versus a $1,517/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2000
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37217, Nashville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,090 (100%) |
| Owner Occupied HU | 5,198 (36.9%) |
| Renter Occupied HU | 7,820 (55.5%) |
| Vacant Housing Units | 1,072 ( 7.6%) |
| Median Home Value | $343,653 |
| Average Home Value | $427,261 |
Housing Distribution
Address Breakdown
Residential
13,910
Single Family
7,937
Multi-Family
5,973
Businesses
1,296
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