606B 41st Ave NNashvilleTN37209
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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 606B 41st Ave N, Nashville, TN, 37209 uses $192,959 cash to close to unlock $2,877/yr annual cash flow and $240/mo monthly cash flow. Total monthly income runs $3,751/mo, and a $2,871/mo payment keeps the spread at $240/mo. Purchase price stands at $586,500, and rental yield measures 7.67% with $3,751/mo rent. Return on cash invested shows 21.55% in year one, and 5% annual appreciation builds toward $162,039 over five years. Five-year ROI reaches 111.34% and total cumulative return in cash records $214,845. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,751/mo property income covering a $2,871/mo payment rather than investor’s personal income.
Condo
Built in 2023
1,736 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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