625 Western AvenueNashvilleNC27856
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 625 Western Avenue, Nashville, NC, 27856 offers $1,818/mo rent that, after a $1,412/mo payment, leaves $60/mo cash flow. Total monthly income is $1,818/mo, and annual cash flow is $718/yr on $95,638 cash. Return on cash invested measures 20.66% in year one, and rental yield stands at 7.56% at a $288,500 entry. Equity gained on principal adds $1,862/yr while 5% annual appreciation compounds into $79,707 by year five. Five-year ROI records 106.74% and total cumulative return in cash reaches $102,085. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,818/mo property income versus a $1,412/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27856, Nashville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,695 (100%) |
| Owner Occupied HU | 5,018 (65.2%) |
| Renter Occupied HU | 2,018 (26.2%) |
| Vacant Housing Units | 659 ( 8.6%) |
| Median Home Value | $243,683 |
| Average Home Value | $258,911 |
Housing Distribution
Address Breakdown
Residential
7,389
Single Family
7,317
Multi-Family
72
Businesses
429
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Marti A Hampton • eXp Realty
Mls Name: Hive MLS
Mls ID: #100541124