515 Church St UNIT 3704NashvilleTN37219
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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
Total monthly income runs $4,646/mo, and a $5,881/mo payment. Purchase price stands at $1,201,500, and rental yield measures 4.64% with $4,646/mo rent. Return on cash invested shows 12.52% in year one, and 5% annual appreciation builds toward $331,952 over five years. Five-year ROI reaches 62.85% and total cumulative return in cash records $244,670. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,646/mo property income covering a $5,881/mo payment rather than investor’s personal income.
Apartment
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37219, Nashville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,139 (100%) |
| Owner Occupied HU | 331 (15.5%) |
| Renter Occupied HU | 1,257 (58.8%) |
| Vacant Housing Units | 551 (25.8%) |
| Median Home Value | $593,563 |
| Average Home Value | $766,050 |
Housing Distribution
Address Breakdown
Residential
1,935
Single Family
20
Multi-Family
1,915
Businesses
443
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