1617 Shelby AveNashvilleTN37206
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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 Nashville at 1617 Shelby Ave, Nashville, TN, 37206 with 5% annual appreciation on a $1,079,900 basis while $4,558/mo rent supports operations. 83% in year one. Equity gained on principal adds $6,968/yr, and five-year appreciation sums $298,356 alongside rental yield of 5.06%. Five-year ROI measures 69.89% and total cumulative return in cash totals $244,521. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,558/mo property income versus a $5,286/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1920
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37206, Nashville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,502 (100%) |
| Owner Occupied HU | 6,329 (43.6%) |
| Renter Occupied HU | 6,132 (42.3%) |
| Vacant Housing Units | 2,041 (14.1%) |
| Median Home Value | $597,260 |
| Average Home Value | $651,554 |
Housing Distribution
Address Breakdown
Residential
13,890
Single Family
11,532
Multi-Family
2,358
Businesses
887
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