3205 Grace Crest PointNashvilleTN37217
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingFor first-time U.S. investors or those diversifying conservatively, 3205 Grace Crest Point, Nashville, TN, 37217 in Nashville offers a clean, manageable entry. Rental yield 6.64%. DSCR 1.24 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $117,834 in additional property value over five years, with $3,928/yr in principal equity building ownership stake. Total projected cumulative return: $149,543.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.6% | 4.2% |
| Monthly Cash Flow | $(206) | $850 |
City averages based on Nashville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,377 |
| Total Monthly Debt Service | $2,391 |
| DSCR Ratio | 0.99x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2005
6,970 sqft lot
$N/A/sqft
$8 monthly 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 2005
6,970 sqft lot
$N/A/sqft
$8 monthly 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