550 Harding Pl APT F112NashvilleTN37211
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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
Investment property for sale in Nashville at 550 Harding Pl APT F112, Nashville, TN, 37211 uses $45,382 cash to close to unlock $2,899/yr annual cash flow and $242/mo monthly cash flow. Total monthly income runs $1,061/mo, and a $670/mo payment keeps the spread at $242/mo. Purchase price stands at $136,900, and rental yield measures 9.3% with $1,061/mo rent. Return on cash invested shows 26.3% in year one, and 5% annual appreciation builds toward $37,823 over five years. Five-year ROI reaches 136.88% and total cumulative return in cash records $62,121. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,061/mo property income covering a $670/mo payment rather than investor’s personal income.
Condo
Built in 1965
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37211, Nashville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 37,568 (100%) |
| Owner Occupied HU | 15,589 (41.5%) |
| Renter Occupied HU | 19,608 (52.2%) |
| Vacant Housing Units | 2,371 ( 6.3%) |
| Median Home Value | $423,382 |
| Average Home Value | $486,554 |
Housing Distribution
Address Breakdown
Residential
35,473
Single Family
22,812
Multi-Family
12,661
Businesses
2,514
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