557B Hamilton AveNashvilleTN37203
Nearby investment properties with comparable rents
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
Rental property for sale in Nashville at 557B Hamilton Ave, Nashville, TN, 37203 offers $3,900/mo rent that, after a $4,253/mo payment. Total monthly income is $3,900/mo. Return on cash invested measures 14.6% in year one, and rental yield stands at 5.39% at a $869,000 entry. Equity gained on principal adds $5,608/yr while 5% annual appreciation compounds into $240,089 by year five. Five-year ROI records 74.06% and total cumulative return in cash reaches $211,727. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,900/mo property income versus a $4,253/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2016
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37203, Nashville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,068 (100%) |
| Owner Occupied HU | 2,636 (11.9%) |
| Renter Occupied HU | 14,640 (66.3%) |
| Vacant Housing Units | 4,792 (21.7%) |
| Median Home Value | $630,000 |
| Average Home Value | $705,546 |
Housing Distribution
Address Breakdown
Residential
21,257
Single Family
4,043
Multi-Family
17,214
Businesses
2,943
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices