1609 West RdGoodlettsvilleTN37072
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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 Goodlettsville at 1609 West Rd, Goodlettsville, TN, 37072 offers a 4.61% rental yield on a $779,000 purchase with $2,994/mo rent. 24% in year one. Equity gained on principal adds $5,027/yr while 5% annual appreciation supports $215,223 over five years. Portfolio math shows five-year ROI at 61.44% and total cumulative return in cash at $157,466. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,994/mo property income against a $3,813/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37072, Goodlettsville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,710 (100%) |
| Owner Occupied HU | 9,306 (63.3%) |
| Renter Occupied HU | 4,549 (30.9%) |
| Vacant Housing Units | 855 ( 5.8%) |
| Median Home Value | $412,611 |
| Average Home Value | $494,904 |
Housing Distribution
Address Breakdown
Residential
13,797
Single Family
11,144
Multi-Family
2,653
Businesses
1,013
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Listed by: Norman Thomas McDonald • New Castle Realty
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3079511