370 Wallace Rd APT F5NashvilleTN37211
INVESTMENT ANALYSIS
Investment Verdict
Solid Income370 Wallace Rd APT F5, Nashville, TN, 37211 in Nashville earns a respectable 9.45% gross yield at $199,900, but after the $899/mo mortgage the net cash flow is $162/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.75) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $55,229 over five years, making equity the dominant return driver. Total projected return: $99,902.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 4.2% |
| Monthly Cash Flow | $162 | $850 |
City averages based on Nashville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,574 |
| Total Monthly Debt Service | $1,117 |
| DSCR Ratio | 1.41x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Townhouse
Built in 1970
435.60 sqft 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
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
Townhouse
Built in 1970
435.60 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices