1540 Lebanon Pike UNIT 204NashvilleTN37210
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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 1540 Lebanon Pike UNIT 204, Nashville, TN, 37210 generates $2,320/mo in rent and, after a $1,502/mo payment, leaves $483/mo in cash flow. Total monthly income is $2,320/mo, and annual cash flow is $5,796/yr on $101,737 invested. Return on cash invested sits at 25.61% in year one, and rental yield is 9.07% on a $306,900 entry. Equity gained on principal adds $1,980/yr, while 5% annual appreciation builds toward $84,791 over five years. Five-year ROI reaches 133.1% and total cumulative return in cash sums $135,414. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,320/mo property income rather than buyer’s personal income.
Condo
Built in 2022
906 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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