2201 8th Ave S APT 204NashvilleTN37204
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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
Total monthly income runs $1,925/mo, and a $1,857/mo payment. Purchase price stands at $379,500, and rental yield measures 6.09% with $1,925/mo rent. Return on cash invested shows 16.61% in year one, and 5% annual appreciation builds toward $104,849 over five years. Five-year ROI reaches 84.86% and total cumulative return in cash records $106,752. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,925/mo property income covering a $1,857/mo payment rather than investor’s personal income.
Condo
Built in 2007
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37204, Nashville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,951 (100%) |
| Owner Occupied HU | 3,610 (45.4%) |
| Renter Occupied HU | 3,509 (44.1%) |
| Vacant Housing Units | 832 (10.5%) |
| Median Home Value | $885,829 |
| Average Home Value | $995,905 |
Housing Distribution
Address Breakdown
Residential
7,530
Single Family
4,994
Multi-Family
2,536
Businesses
1,364
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