2808 Blackwood DrNashvilleTN37214
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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 2808 Blackwood Dr, Nashville, TN, 37214 uses $112,710 cash to close to unlock $6,154/yr annual cash flow and $513/mo monthly cash flow. Total monthly income runs $2,548/mo, and a $1,664/mo payment keeps the spread at $513/mo. Purchase price stands at $340,000, and rental yield measures 8.99% with $2,548/mo rent. Return on cash invested shows 25.37% in year one, and 5% annual appreciation builds toward $93,936 over five years. Five-year ROI reaches 131.84% and total cumulative return in cash records $148,602. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,548/mo property income covering a $1,664/mo payment rather than investor’s personal income.
Single Family
Built in 1992
6,098 sqft lot
$N/A/sqft
No 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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