607 Drume DrNashvilleTN37207
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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 607 Drume Dr, Nashville, TN, 37207 priced at $186,000 converts $1,432/mo rent into $319/mo cash flow after a $910/mo obligation. Total monthly income equals $1,432/mo, and annual cash flow totals $3,827/yr on $61,659 invested. Return on cash invested prints 26.12% in year one, and rental yield reads 9.24% against a $186,000 entry. Equity gained on principal adds $1,200/yr, while 5% annual appreciation compiles into $51,388 by year five. Five-year ROI reaches 135.85% and total cumulative return in cash sums $83,764. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,432/mo property income covering a $910/mo payment, not borrower’s personal income.
Manufactured
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37207, Nashville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,497 (100%) |
| Owner Occupied HU | 9,372 (48.1%) |
| Renter Occupied HU | 7,552 (38.7%) |
| Vacant Housing Units | 2,573 (13.2%) |
| Median Home Value | $406,048 |
| Average Home Value | $497,414 |
Housing Distribution
Address Breakdown
Residential
19,227
Single Family
15,337
Multi-Family
3,890
Businesses
1,246
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