223 Cheswick CtNashvilleTN37215
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 223 Cheswick Ct, Nashville, TN, 37215 in Nashville is capital appreciation. Rental yield 5.15%. The 5.15% gross yield at $555,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $153,336 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.95) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $149,344.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.2% | 4.2% |
| Monthly Cash Flow | $(1,424) | $850 |
City averages based on Nashville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,380 |
| Total Monthly Debt Service | $3,101 |
| DSCR Ratio | 0.77x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 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
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 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices