518B Snyder AveNashvilleTN37209
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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 518B Snyder Ave, Nashville, TN, 37209 offers $3,855/mo rent that, after a $3,426/mo payment. Total monthly income is $3,855/mo. Return on cash invested measures 18.31% in year one, and rental yield stands at 6.61% at a $699,900 entry. Equity gained on principal adds $4,516/yr while 5% annual appreciation compounds into $193,369 by year five. Five-year ROI records 93.98% and total cumulative return in cash reaches $216,416. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,855/mo property income versus a $3,426/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37209, Nashville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,609 (100%) |
| Owner Occupied HU | 8,182 (36.2%) |
| Renter Occupied HU | 11,742 (51.9%) |
| Vacant Housing Units | 2,685 (11.9%) |
| Median Home Value | $581,955 |
| Average Home Value | $659,877 |
Housing Distribution
Address Breakdown
Residential
22,327
Single Family
14,297
Multi-Family
8,030
Businesses
1,637
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