1540 Lebanon Pike #407NashvilleTN37210
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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
Total monthly income runs $1,817/mo, and a $1,536/mo payment. Purchase price stands at $313,900, and rental yield measures 6.95% with $1,817/mo rent. Return on cash invested shows 19.2% in year one, and 5% annual appreciation builds toward $86,725 over five years. Five-year ROI reaches 98.79% and total cumulative return in cash records $102,800. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,817/mo property income covering a $1,536/mo payment rather than investor’s personal income.
Condo
Built in 2022
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37210, Nashville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,992 (100%) |
| Owner Occupied HU | 2,286 (25.4%) |
| Renter Occupied HU | 5,101 (56.7%) |
| Vacant Housing Units | 1,605 (17.8%) |
| Median Home Value | $423,306 |
| Average Home Value | $486,054 |
Housing Distribution
Address Breakdown
Residential
8,969
Single Family
5,261
Multi-Family
3,708
Businesses
1,562
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