1209 Noelton AveNashvilleTN37215
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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 1209 Noelton Ave, Nashville, TN, 37215 offers $5,724/mo rent that, after a $8,688/mo payment. Total monthly income is $5,724/mo. Return on cash invested measures 10.14% in year one, and rental yield stands at 3.87% at a $1,775,000 entry. Equity gained on principal adds $11,454/yr while 5% annual appreciation compounds into $490,400 by year five. Five-year ROI records 50.1% and total cumulative return in cash reaches $288,106. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,724/mo property income versus a $8,688/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37215, Nashville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,143 (100%) |
| Owner Occupied HU | 7,574 (68.0%) |
| Renter Occupied HU | 2,638 (23.7%) |
| Vacant Housing Units | 931 ( 8.4%) |
| Median Home Value | $952,541 |
| Average Home Value | $1,118,845 |
Housing Distribution
Address Breakdown
Residential
11,357
Single Family
8,610
Multi-Family
2,747
Businesses
1,345
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