401D Avoca StNashvilleTN37203
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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
Rental property for sale in Nashville at 401D Avoca St, Nashville, TN, 37203 priced at $1,174,900 converts $3,900/mo rent into after a $5,751/mo obligation. Total monthly income equals $3,900/mo. Return on cash invested prints 10.49% in year one, and rental yield reads 3.98% against a $1,174,900 entry. Equity gained on principal adds $7,581/yr, while 5% annual appreciation compiles into $324,603 by year five. Five-year ROI reaches 51.97% and total cumulative return in cash sums $197,847. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,900/mo property income covering a $5,751/mo payment, not borrower’s personal income.
Single Family
Built in 2017
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37203, Nashville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,068 (100%) |
| Owner Occupied HU | 2,636 (11.9%) |
| Renter Occupied HU | 14,640 (66.3%) |
| Vacant Housing Units | 4,792 (21.7%) |
| Median Home Value | $630,000 |
| Average Home Value | $705,546 |
Housing Distribution
Address Breakdown
Residential
21,257
Single Family
4,043
Multi-Family
17,214
Businesses
2,943
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