119 Acklen Park Dr #204NashvilleTN37203
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 119 Acklen Park Dr #204, Nashville, TN, 37203 in Nashville speaks for itself: 10.35% gross on a $780,000 price, generating $6,727/mo in rent and $1,608/mo in net income after the $3,507/mo debt service. DSCR 1.92, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $19,296 stacks alongside $215,500 in projected five-year appreciation and $7,184/yr in principal reduction. Projected total cumulative return: $427,516.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 4.2% |
| Monthly Cash Flow | $1,608 | $850 |
City averages based on Nashville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,727 |
| Total Monthly Debt Service | $4,359 |
| DSCR Ratio | 1.54x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2020
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37203, Nashville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,068 (100%) |
| Owner Occupied HU | 2,636 (11.9%) |
| Renter Occupied HU | 14,640 (66.3%) |
| Vacant Housing Units | 4,792 (21.7%) |
| Median Home Value | $630,000 |
| Average Home Value | $705,546 |
Housing Distribution
Address Breakdown
Residential
21,257
Single Family
4,043
Multi-Family
17,214
Businesses
2,943
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
Condo
Built in 2020
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37203, Nashville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,068 (100%) |
| Owner Occupied HU | 2,636 (11.9%) |
| Renter Occupied HU | 14,640 (66.3%) |
| Vacant Housing Units | 4,792 (21.7%) |
| Median Home Value | $630,000 |
| Average Home Value | $705,546 |
Housing Distribution
Address Breakdown
Residential
21,257
Single Family
4,043
Multi-Family
17,214
Businesses
2,943
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices