3240 Doverside DrNashvilleTN37207
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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 3240 Doverside Dr, Nashville, TN, 37207 earns $408/mo cash flow from $2,503/mo rent with a $1,713/mo payment. Total monthly income totals $2,503/mo, and annual cash flow totals $4,895/yr on $116,025 capital. ROI tracks 24.13% on current figures, and rental yield reads 8.58% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 125.19% and total cumulative return in cash sums $145,250. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,503/mo property income instead of your personal income.
Single Family
Built in 1965
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37207, Nashville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,497 (100%) |
| Owner Occupied HU | 9,372 (48.1%) |
| Renter Occupied HU | 7,552 (38.7%) |
| Vacant Housing Units | 2,573 (13.2%) |
| Median Home Value | $406,048 |
| Average Home Value | $497,414 |
Housing Distribution
Address Breakdown
Residential
19,227
Single Family
15,337
Multi-Family
3,890
Businesses
1,246
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