515 Church St UNIT 3709NashvilleTN37219
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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
Investment Highlights
Investment property for sale in Nashville at 515 Church St UNIT 3709, Nashville, TN, 37219 listed at $699,900 pairs $3,172/mo rent with a $3,426/mo payment. Total monthly income runs $3,172/mo. Return on cash invested measures 11.47% in year one, and rental yield registers 5.44% at a $699,900 basis. Equity gained on principal adds $4,516/yr, and annual property appreciation at 5% supports $193,369 by year five. Five-year ROI tracks 58.48% and total cumulative return in cash totals $134,660. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,172/mo property income relative to a $3,426/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2018
871.20 sqft lot
$N/A/sqft
$630 monthly 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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Listed by: Jerry Maier • Fridrich & Clark Realty
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2818771
Disclaimer: Based on information submitted to the MLS GRID as of 2025-04-17 07:28:13 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#99)