3220 Patcham Dr #3NolensvilleTN37135
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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 Nolensville at 3220 Patcham Dr #3, Nolensville, TN, 37135 listed at $310,000 pairs $2,157/mo rent with a $1,517/mo payment to leave $302/mo cash flow. Total monthly income runs $2,157/mo, and annual cash flow reaches $3,619/yr on $102,765 cash to close. Return on cash invested measures 23.43% in year one, and rental yield registers 8.35% at a $310,000 basis. Equity gained on principal adds $2,000/yr, and annual property appreciation at 5% supports $85,647 by year five. Five-year ROI tracks 121.47% and total cumulative return in cash totals $124,831. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,157/mo property income relative to a $1,517/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37135, Nolensville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,567 (100%) |
| Owner Occupied HU | 7,641 (89.2%) |
| Renter Occupied HU | 668 ( 7.8%) |
| Vacant Housing Units | 258 ( 3.0%) |
| Median Home Value | $702,872 |
| Average Home Value | $776,770 |
Housing Distribution
Address Breakdown
Residential
8,515
Single Family
8,354
Multi-Family
161
Businesses
503
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Listed by: Darrell Lewis • DIYFLATFEE.COM
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #2972818