2704 Priest Lake DrNashvilleTN37217
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 2704 Priest Lake Dr, Nashville, TN, 37217 in Nashville at $235,000 earns $1,574/mo in rent and nets $167/mo after the $1,057/mo payment, a 8.04% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $64,926 over five years. Ziffy Mortgage underwrites this on a 1.49 DSCR without U.S. credit history. With $2,164/yr in principal paydown, total projected return reaches $99,668.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 4.2% |
| Monthly Cash Flow | $167 | $850 |
City averages based on Nashville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,574 |
| Total Monthly Debt Service | $1,313 |
| DSCR Ratio | 1.20x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Single Family
Built in 1964
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37217, Nashville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,090 (100%) |
| Owner Occupied HU | 5,198 (36.9%) |
| Renter Occupied HU | 7,820 (55.5%) |
| Vacant Housing Units | 1,072 ( 7.6%) |
| Median Home Value | $343,653 |
| Average Home Value | $427,261 |
Housing Distribution
Address Breakdown
Residential
13,910
Single Family
7,937
Multi-Family
5,973
Businesses
1,296
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
Single Family
Built in 1964
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37217, Nashville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,090 (100%) |
| Owner Occupied HU | 5,198 (36.9%) |
| Renter Occupied HU | 7,820 (55.5%) |
| Vacant Housing Units | 1,072 ( 7.6%) |
| Median Home Value | $343,653 |
| Average Home Value | $427,261 |
Housing Distribution
Address Breakdown
Residential
13,910
Single Family
7,937
Multi-Family
5,973
Businesses
1,296
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices