214 Old Hickory Blvd APT 94NashvilleTN37221
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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 214 Old Hickory Blvd APT 94, Nashville, TN, 37221 earns $334/mo cash flow from $1,470/mo rent with a $929/mo payment. Total monthly income totals $1,470/mo, and annual cash flow totals $4,004/yr on $62,952 capital. ROI tracks 26.27% on current figures, and rental yield reads 9.29% at a $189,900 purchase. Equity gained on principal adds $1,225/yr, and 5% annual appreciation supports $52,466 over five years. Five-year ROI reaches 136.7% and total cumulative return in cash sums $86,057. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,470/mo property income instead of your personal income.
Townhouse
Built in 1969
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37221, Nashville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,121 (100%) |
| Owner Occupied HU | 13,081 (61.9%) |
| Renter Occupied HU | 6,824 (32.3%) |
| Vacant Housing Units | 1,216 ( 5.8%) |
| Median Home Value | $481,109 |
| Average Home Value | $577,926 |
Housing Distribution
Address Breakdown
Residential
19,993
Single Family
15,032
Multi-Family
4,961
Businesses
844
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