2210A 24th Ave NNashvilleTN37208
INVESTMENT ANALYSIS
Investment Verdict
Solid Income2210A 24th Ave N, Nashville, TN, 37208 in Nashville is a solid income-producing rental, 8.44% gross yield, $2,108/mo rent, $313/mo net cash flow on a $299,900 buy. DSCR 1.56 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $82,857 and $2,762/yr in principal reduction project a total cumulative return of $133,567.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 4.2% |
| Monthly Cash Flow | $313 | $850 |
City averages based on Nashville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,108 |
| Total Monthly Debt Service | $1,676 |
| DSCR Ratio | 1.26x |
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 1988
3,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37208, Nashville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,875 (100%) |
| Owner Occupied HU | 2,816 (21.9%) |
| Renter Occupied HU | 7,469 (58.0%) |
| Vacant Housing Units | 2,590 (20.1%) |
| Median Home Value | $521,176 |
| Average Home Value | $605,850 |
Housing Distribution
Address Breakdown
Residential
12,831
Single Family
8,376
Multi-Family
4,455
Businesses
774
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 1988
3,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37208, Nashville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,875 (100%) |
| Owner Occupied HU | 2,816 (21.9%) |
| Renter Occupied HU | 7,469 (58.0%) |
| Vacant Housing Units | 2,590 (20.1%) |
| Median Home Value | $521,176 |
| Average Home Value | $605,850 |
Housing Distribution
Address Breakdown
Residential
12,831
Single Family
8,376
Multi-Family
4,455
Businesses
774
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices