601 American RdNashvilleTN37209
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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 601 American Rd, Nashville, TN, 37209 priced at $1,015,000 converts $3,570/mo rent into after a $4,968/mo obligation. Total monthly income equals $3,570/mo. Return on cash invested prints 11.23% in year one, and rental yield reads 4.22% against a $1,015,000 entry. Equity gained on principal adds $6,550/yr, while 5% annual appreciation compiles into $280,426 by year five. Five-year ROI reaches 55.9% and total cumulative return in cash sums $183,837. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,570/mo property income covering a $4,968/mo payment, not borrower’s personal income.
Single Family
Built in 2025
10,018 sqft 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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