640 James AveNashvilleTN37209
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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 640 James Ave, Nashville, TN, 37209 offers a 11.82% rental yield on a $362,400 purchase with $3,570/mo rent. Total monthly income registers $3,570/mo, and a $1,774/mo payment leaves $1,400/mo available for distribution. Annual cash flow reaches $16,805/yr on $120,136 to close, and return on cash invested stands at 33.9% in year one. Equity gained on principal adds $2,339/yr while 5% annual appreciation supports $100,124 over five years. Portfolio math shows five-year ROI at 177.61% and total cumulative return in cash at $213,367. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,570/mo property income against a $1,774/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1969
4,791 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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