207 3rd Ave N UNIT 402NashvilleTN37201
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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 207 3rd Ave N UNIT 402, Nashville, TN, 37201 projects strong ROI of 8.57%. Rental yield 3.36%. With 5% annual appreciation, the property builds $800,940 in value over five years. Equity growth combined delivers a projected five-year ROI of 41.66%, translating into $391,301 in total cumulative return on $939,276 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Condo
Built in 1890
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37201, Nashville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,671 (100%) |
| Owner Occupied HU | 245 (14.7%) |
| Renter Occupied HU | 1,012 (60.6%) |
| Vacant Housing Units | 414 (24.8%) |
| Median Home Value | $573,980 |
| Average Home Value | $573,827 |
Housing Distribution
Address Breakdown
Residential
1,144
Single Family
64
Multi-Family
1,080
Businesses
334
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