1202 60th Ave N #DNashvilleTN37209
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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
Investment property for sale in Nashville at 1202 60th Ave N #D, Nashville, TN, 37209 uses $209,080 cash to close to unlock $1,791/yr annual cash flow and $149/mo monthly cash flow. Total monthly income runs $3,953/mo, and a $3,110/mo payment keeps the spread at $149/mo. Purchase price stands at $635,500, and rental yield measures 7.46% with $3,953/mo rent. Return on cash invested shows 20.92% in year one, and 5% annual appreciation builds toward $175,577 over five years. Five-year ROI reaches 107.96% and total cumulative return in cash records $225,717. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,953/mo property income covering a $3,110/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37209, Nashville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,609 (100%) |
| Owner Occupied HU | 8,182 (36.2%) |
| Renter Occupied HU | 11,742 (51.9%) |
| Vacant Housing Units | 2,685 (11.9%) |
| Median Home Value | $581,955 |
| Average Home Value | $659,877 |
Housing Distribution
Address Breakdown
Residential
22,327
Single Family
14,297
Multi-Family
8,030
Businesses
1,637
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