50 Music Sq W #517NashvilleTN37203
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 50 Music Sq W #517, Nashville, TN, 37203 in Nashville. At $844,900 it earns $6,727/mo in rent and distributes $1,669/mo to the owner after the $3,799/mo payment, a consistent 9.55% yield. DSCR 1.77 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $233,430 in value; $7,782/yr in principal paydown compounds ownership stake. Total projected return: $427,047.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 4.2% |
| Monthly Cash Flow | $1,669 | $850 |
City averages based on Nashville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,727 |
| Total Monthly Debt Service | $4,722 |
| DSCR Ratio | 1.42x |
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.
Condo
Built in 2023
0.52 Acres 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
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
Condo
Built in 2023
0.52 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices