509 Acklen Park DrNashvilleTN37205
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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 509 Acklen Park Dr, Nashville, TN, 37205 priced at $949,000 converts $4,679/mo rent into after a $4,645/mo obligation. Total monthly income equals $4,679/mo. Return on cash invested prints 16.21% in year one, and rental yield reads 5.92% against a $949,000 entry. Equity gained on principal adds $6,124/yr, while 5% annual appreciation compiles into $262,191 by year five. Five-year ROI reaches 82.71% and total cumulative return in cash sums $258,240. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,679/mo property income covering a $4,645/mo payment, not borrower’s personal income.
Townhouse
Built in 2007
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37205, Nashville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,781 (100%) |
| Owner Occupied HU | 7,941 (67.4%) |
| Renter Occupied HU | 2,919 (24.8%) |
| Vacant Housing Units | 921 ( 7.8%) |
| Median Home Value | $927,358 |
| Average Home Value | $1,108,529 |
Housing Distribution
Address Breakdown
Residential
11,827
Single Family
8,496
Multi-Family
3,331
Businesses
1,002
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