223 Cheswick CtNashvilleTN37215
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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
Rental property for sale in Nashville at 223 Cheswick Ct, Nashville, TN, 37215 priced at $560,000 converts $2,380/mo rent into after a $2,741/mo obligation. Total monthly income equals $2,380/mo. Return on cash invested prints 13.73% in year one, and rental yield reads 5.1% against a $560,000 entry. Equity gained on principal adds $3,614/yr, while 5% annual appreciation compiles into $154,718 by year five. Five-year ROI reaches 69.39% and total cumulative return in cash sums $127,853. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,380/mo property income covering a $2,741/mo payment, not borrower’s personal income.
Condo
Built in 1986
2,003 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37215, Nashville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,143 (100%) |
| Owner Occupied HU | 7,574 (68.0%) |
| Renter Occupied HU | 2,638 (23.7%) |
| Vacant Housing Units | 931 ( 8.4%) |
| Median Home Value | $952,541 |
| Average Home Value | $1,118,845 |
Housing Distribution
Address Breakdown
Residential
11,357
Single Family
8,610
Multi-Family
2,747
Businesses
1,345
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