503 Pleasant StNolensvilleTN37135
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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 Nolensville at 503 Pleasant St, Nolensville, TN, 37135 offers a 8.28% rental yield on a $339,000 purchase with $2,339/mo rent. Total monthly income registers $2,339/mo, and a $1,659/mo payment leaves $310/mo available for distribution. Annual cash flow reaches $3,719/yr on $112,379 to close, and return on cash invested stands at 23.22% in year one. Equity gained on principal adds $2,188/yr while 5% annual appreciation supports $93,659 over five years. Portfolio math shows five-year ROI at 120.32% and total cumulative return in cash at $135,208. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,339/mo property income against a $1,659/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37135, Nolensville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,567 (100%) |
| Owner Occupied HU | 7,641 (89.2%) |
| Renter Occupied HU | 668 ( 7.8%) |
| Vacant Housing Units | 258 ( 3.0%) |
| Median Home Value | $702,872 |
| Average Home Value | $776,770 |
Housing Distribution
Address Breakdown
Residential
8,515
Single Family
8,354
Multi-Family
161
Businesses
503
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Listed by: Karen Albright • OPENDOOR BROKERAGE, LLC
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3062041