3000 Vanderbilt Pl APT 104NashvilleTN37212
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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 3000 Vanderbilt Pl APT 104, Nashville, TN, 37212 generates $2,551/mo in rent, after a $2,496/mo payment. Total monthly income is $2,551/mo. Return on cash invested sits at 13.05% in year one, and rental yield is 6% on a $510,000 entry. Equity gained on principal adds $3,291/yr, while 5% annual appreciation builds toward $140,904 over five years. Five-year ROI reaches 66.99% and total cumulative return in cash sums $112,407. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,551/mo property income rather than buyer’s personal income.
Condo
Built in 2007
871.20 sqft lot
$N/A/sqft
$479 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37212, Nashville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,374 (100%) |
| Owner Occupied HU | 2,640 (31.5%) |
| Renter Occupied HU | 4,406 (52.6%) |
| Vacant Housing Units | 1,328 (15.9%) |
| Median Home Value | $931,047 |
| Average Home Value | $1,068,155 |
Housing Distribution
Address Breakdown
Residential
7,376
Single Family
4,729
Multi-Family
2,647
Businesses
1,185
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Listed by: Ben Jasek • Berkshire Hathaway HomeServices Woodmont Realty
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2922474
Disclaimer: Based on information submitted to the MLS GRID as of 2025-06-25 08:08:06 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)