261 White Bridge Pike APT 170NashvilleTN37209
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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 261 White Bridge Pike APT 170, Nashville, TN, 37209 generates $1,151/mo in rent and, after a $734/mo payment, leaves $253/mo in cash flow. Total monthly income is $1,151/mo, and annual cash flow is $3,039/yr on $49,725 invested. Return on cash invested sits at 26.02% in year one, and rental yield is 9.21% on a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 135.42% and total cumulative return in cash sums $67,338. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,151/mo property income rather than buyer’s personal income.
Condo
Built in 1965
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37209, Nashville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,609 (100%) |
| Owner Occupied HU | 8,182 (36.2%) |
| Renter Occupied HU | 11,742 (51.9%) |
| Vacant Housing Units | 2,685 (11.9%) |
| Median Home Value | $581,955 |
| Average Home Value | $659,877 |
Housing Distribution
Address Breakdown
Residential
22,327
Single Family
14,297
Multi-Family
8,030
Businesses
1,637
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