215 Engel AveGoodlettsvilleTN37072
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
Investment Highlights
Investment property for sale in Goodlettsville at 215 Engel Ave, Goodlettsville, TN, 37072 listed at $624,900 pairs $2,994/mo rent with a $3,059/mo payment. Total monthly income runs $2,994/mo. Return on cash invested measures 15.7% in year one, and rental yield registers 5.75% at a $624,900 basis. Equity gained on principal adds $4,032/yr, and annual property appreciation at 5% supports $172,648 by year five. Five-year ROI tracks 79.97% and total cumulative return in cash totals $164,405. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,994/mo property income relative to a $3,059/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1961
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37072, Goodlettsville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,710 (100%) |
| Owner Occupied HU | 9,306 (63.3%) |
| Renter Occupied HU | 4,549 (30.9%) |
| Vacant Housing Units | 855 ( 5.8%) |
| Median Home Value | $412,611 |
| Average Home Value | $494,904 |
Housing Distribution
Address Breakdown
Residential
13,797
Single Family
11,144
Multi-Family
2,653
Businesses
1,013
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Listed by: Patty Copeland • Platinum Realty Partners, LLC
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3079403