61 Lyle LnNashvilleTN37210
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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 61 Lyle Ln, Nashville, TN, 37210 priced at $289,000 pairs $2,001/mo rent with $271/mo cash flow after a $1,415/mo payment. Total monthly income equals $2,001/mo, and annual cash flow comes to $3,246/yr on $95,804 invested. Return on cash invested is 23.3% in year one, and rental yield stands at 8.31% on a $289,000 basis. Equity gained on principal adds $1,865/yr, and 5% annual appreciation accumulates to $79,845 by year five. Five-year ROI measures 120.77% and total cumulative return in cash reaches $115,706. For financing, Ziffy Mortgage’s DSCR program evaluates $2,001/mo property income against a $1,415/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1954
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37210, Nashville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,992 (100%) |
| Owner Occupied HU | 2,286 (25.4%) |
| Renter Occupied HU | 5,101 (56.7%) |
| Vacant Housing Units | 1,605 (17.8%) |
| Median Home Value | $423,306 |
| Average Home Value | $486,054 |
Housing Distribution
Address Breakdown
Residential
8,969
Single Family
5,261
Multi-Family
3,708
Businesses
1,562
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