117 Newsom GrnNashvilleTN37221
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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 117 Newsom Grn, Nashville, TN, 37221 generates $1,914/mo in rent, after a $1,909/mo payment. Total monthly income is $1,914/mo. Return on cash invested sits at 16% in year one, and rental yield is 5.89% on a $390,000 entry. Equity gained on principal adds $2,517/yr, while 5% annual appreciation builds toward $107,750 over five years. Five-year ROI reaches 81.65% and total cumulative return in cash sums $105,560. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,914/mo property income rather than buyer’s personal income.
Single Family
Built in 1995
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37221, Nashville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,121 (100%) |
| Owner Occupied HU | 13,081 (61.9%) |
| Renter Occupied HU | 6,824 (32.3%) |
| Vacant Housing Units | 1,216 ( 5.8%) |
| Median Home Value | $481,109 |
| Average Home Value | $577,926 |
Housing Distribution
Address Breakdown
Residential
19,993
Single Family
15,032
Multi-Family
4,961
Businesses
844
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