722 Mount Carmel PlNashvilleTN37205
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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 722 Mount Carmel Pl, Nashville, TN, 37205 at $424,900 posts ROI 18.79% with from $2,413/mo rent. Total monthly income equals $2,413/mo. Return on cash invested measures 18.79% and rental yield reads 6.81% at the current $424,900. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,392 by year five. Five-year ROI prints 96.62% and total cumulative return in cash totals $136,089. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,413/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1986
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37205, Nashville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,781 (100%) |
| Owner Occupied HU | 7,941 (67.4%) |
| Renter Occupied HU | 2,919 (24.8%) |
| Vacant Housing Units | 921 ( 7.8%) |
| Median Home Value | $927,358 |
| Average Home Value | $1,108,529 |
Housing Distribution
Address Breakdown
Residential
11,827
Single Family
8,496
Multi-Family
3,331
Businesses
1,002
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