348 Hickory PlNashvilleTN37214
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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 348 Hickory Pl, Nashville, TN, 37214 with 5% annual appreciation on a $254,900 basis while $2,394/mo rent supports operations. Total monthly income totals $2,394/mo and a $1,248/mo payment preserves $868/mo for cash returns. Annual cash flow comes to $10,413/yr on $84,499 deployed, and return on cash invested reaches 32.23% in year one. Equity gained on principal adds $1,645/yr, and five-year appreciation sums $70,424 alongside rental yield of 11.27%. Five-year ROI measures 168.67% and total cumulative return in cash totals $142,524.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,394/mo property income versus a $1,248/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1986
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37214, Nashville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,746 (100%) |
| Owner Occupied HU | 8,410 (53.4%) |
| Renter Occupied HU | 6,157 (39.1%) |
| Vacant Housing Units | 1,179 ( 7.5%) |
| Median Home Value | $396,256 |
| Average Home Value | $472,010 |
Housing Distribution
Address Breakdown
Residential
15,364
Single Family
11,686
Multi-Family
3,678
Businesses
1,473
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