20A Fern AveNashvilleTN37207
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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 20A Fern Ave, Nashville, TN, 37207 offers $5,712/mo rent that, after a $5,816/mo payment. Total monthly income is $5,712/mo. Return on cash invested measures 15.85% in year one, and rental yield stands at 5.77% at a $1,188,200 entry. Equity gained on principal adds $7,667/yr while 5% annual appreciation compounds into $328,278 by year five. Five-year ROI records 80.77% and total cumulative return in cash reaches $310,959. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,712/mo property income versus a $5,816/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2019
2,735 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37207, Nashville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,497 (100%) |
| Owner Occupied HU | 9,372 (48.1%) |
| Renter Occupied HU | 7,552 (38.7%) |
| Vacant Housing Units | 2,573 (13.2%) |
| Median Home Value | $406,048 |
| Average Home Value | $497,414 |
Housing Distribution
Address Breakdown
Residential
19,227
Single Family
15,337
Multi-Family
3,890
Businesses
1,246
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