3313 Colby DrNashvilleTN37211
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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 3313 Colby Dr, Nashville, TN, 37211 listed at $384,400 pairs $2,114/mo rent with a $1,881/mo payment. Total monthly income runs $2,114/mo. Return on cash invested measures 18.15% in year one, and rental yield registers 6.6% at a $384,400 basis. Equity gained on principal adds $2,480/yr, and annual property appreciation at 5% supports $106,203 by year five. Five-year ROI tracks 93.17% and total cumulative return in cash totals $118,730. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,114/mo property income relative to a $1,881/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37211, Nashville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 37,568 (100%) |
| Owner Occupied HU | 15,589 (41.5%) |
| Renter Occupied HU | 19,608 (52.2%) |
| Vacant Housing Units | 2,371 ( 6.3%) |
| Median Home Value | $423,382 |
| Average Home Value | $486,554 |
Housing Distribution
Address Breakdown
Residential
35,473
Single Family
22,812
Multi-Family
12,661
Businesses
2,514
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