2140 Byrum Ave APT 106NashvilleTN37203
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow2140 Byrum Ave APT 106, Nashville, TN, 37203 in Nashville earns its strong cash-flow label: 10.81% yield, $1,823/mo rent, $611/mo net income, DSCR 2.00. The $202,400 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $55,919 by year five. Combined with $1,864/yr in principal paydown, total projected return reaches $115,975.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 4.2% |
| Monthly Cash Flow | $611 | $850 |
City averages based on Nashville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,823 |
| Total Monthly Debt Service | $1,131 |
| DSCR Ratio | 1.61x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2021
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37203, Nashville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,068 (100%) |
| Owner Occupied HU | 2,636 (11.9%) |
| Renter Occupied HU | 14,640 (66.3%) |
| Vacant Housing Units | 4,792 (21.7%) |
| Median Home Value | $630,000 |
| Average Home Value | $705,546 |
Housing Distribution
Address Breakdown
Residential
21,257
Single Family
4,043
Multi-Family
17,214
Businesses
2,943
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 2021
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37203, Nashville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,068 (100%) |
| Owner Occupied HU | 2,636 (11.9%) |
| Renter Occupied HU | 14,640 (66.3%) |
| Vacant Housing Units | 4,792 (21.7%) |
| Median Home Value | $630,000 |
| Average Home Value | $705,546 |
Housing Distribution
Address Breakdown
Residential
21,257
Single Family
4,043
Multi-Family
17,214
Businesses
2,943
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices