2511 Sonar StNashvilleTN37214
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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
Investment property for sale in Nashville at 2511 Sonar St, Nashville, TN, 37214 uses $103,594 cash to close to unlock $3,986/yr annual cash flow and $332/mo monthly cash flow. Total monthly income runs $2,225/mo, and a $1,530/mo payment keeps the spread at $332/mo. Purchase price stands at $312,500, and rental yield measures 8.54% with $2,225/mo rent. Return on cash invested shows 23.76% in year one, and 5% annual appreciation builds toward $86,338 over five years. Five-year ROI reaches 123.33% and total cumulative return in cash records $127,764. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,225/mo property income covering a $1,530/mo payment rather than investor’s personal income.
Single Family
Built in 1989
3,049 sqft lot
$N/A/sqft
$65 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37214, Nashville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,746 (100%) |
| Owner Occupied HU | 8,410 (53.4%) |
| Renter Occupied HU | 6,157 (39.1%) |
| Vacant Housing Units | 1,179 ( 7.5%) |
| Median Home Value | $396,256 |
| Average Home Value | $472,010 |
Housing Distribution
Address Breakdown
Residential
15,364
Single Family
11,686
Multi-Family
3,678
Businesses
1,473
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Listed by: Callie Loewen • Oyster Real Estate Advisors
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2803286
Disclaimer: Based on information submitted to the MLS GRID as of 2025-03-13 08:19:04 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#99)