709 Eric 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
Investment property for sale in Nashville at 709 Eric Dr, Nashville, TN, 37207 earns $239/mo cash flow from $2,634/mo rent with a $1,958/mo payment. Total monthly income totals $2,634/mo, and annual cash flow totals $2,872/yr on $132,600 capital. ROI tracks 22.07% on current figures, and rental yield reads 7.9% at a $400,000 purchase. Equity gained on principal adds $2,581/yr, and 5% annual appreciation supports $110,513 over five years. Five-year ROI reaches 114.21% and total cumulative return in cash sums $151,444. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,634/mo property income instead of your personal income.
Multi Family
Built in 1984
0.25 Acres 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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