504 Foothill DrNashvilleTN37217
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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 504 Foothill Dr, Nashville, TN, 37217 priced at $499,750 converts $2,394/mo rent into after a $2,446/mo obligation. Total monthly income equals $2,394/mo. Return on cash invested prints 15.58% in year one, and rental yield reads 5.75% against a $499,750 entry. Equity gained on principal adds $3,225/yr, while 5% annual appreciation compiles into $138,072 by year five. Five-year ROI reaches 79.37% and total cumulative return in cash sums $131,497. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,394/mo property income covering a $2,446/mo payment, not borrower’s personal income.
Single Family
Built in 1974
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37217, Nashville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,090 (100%) |
| Owner Occupied HU | 5,198 (36.9%) |
| Renter Occupied HU | 7,820 (55.5%) |
| Vacant Housing Units | 1,072 ( 7.6%) |
| Median Home Value | $343,653 |
| Average Home Value | $427,261 |
Housing Distribution
Address Breakdown
Residential
13,910
Single Family
7,937
Multi-Family
5,973
Businesses
1,296
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