240 Tuck A Way Ridge DrNashvilleIN47448
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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 240 Tuck A Way Ridge Dr, Nashville, IN, 47448 priced at $129,000 converts $986/mo rent into $212/mo cash flow after a $631/mo obligation. Total monthly income equals $986/mo, and annual cash flow totals $2,544/yr on $42,764 invested. Return on cash invested prints 25.86% in year one, and rental yield reads 9.17% against a $129,000 entry. Equity gained on principal adds $832/yr, while 5% annual appreciation compiles into $35,640 by year five. Five-year ROI reaches 134.61% and total cumulative return in cash sums $57,565. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $986/mo property income covering a $631/mo payment, not borrower’s personal income.
Single Family
Built in 1958
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47448, Nashville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,428 (100%) |
| Owner Occupied HU | 2,879 (65.0%) |
| Renter Occupied HU | 702 (15.9%) |
| Vacant Housing Units | 847 (19.1%) |
| Median Home Value | $297,417 |
| Average Home Value | $337,810 |
Housing Distribution
Address Breakdown
Residential
3,520
Single Family
3,299
Multi-Family
221
Businesses
515
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Listed by: Penny Scroggins • Bear Real Estate Sales
Mls Name: IRMLS
Mls Provider:
Mls ID: #202510074
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.