156 Watertown DrNolensvilleTN37135
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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 Nolensville at 156 Watertown Dr, Nolensville, TN, 37135 priced at $1,835,000 converts $4,260/mo rent into after a $8,981/mo obligation. Total monthly income equals $4,260/mo. Return on cash invested prints 6.8% in year one, and rental yield reads 2.79% against a $1,835,000 entry. Equity gained on principal adds $11,841/yr, while 5% annual appreciation compiles into $506,977 by year five. Five-year ROI reaches 32.16% and total cumulative return in cash sums $191,192. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,260/mo property income covering a $8,981/mo payment, not borrower’s personal income.
Single Family
Built in 2026
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37135, Nolensville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,567 (100%) |
| Owner Occupied HU | 7,641 (89.2%) |
| Renter Occupied HU | 668 ( 7.8%) |
| Vacant Housing Units | 258 ( 3.0%) |
| Median Home Value | $702,872 |
| Average Home Value | $776,770 |
Housing Distribution
Address Breakdown
Residential
8,515
Single Family
8,354
Multi-Family
161
Businesses
503
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Listed by: Beth Lewis • Barlow Realty LLC
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3072226