7232 Althorp Way #4NashvilleTN37211
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
Investment property for sale in Nashville at 7232 Althorp Way #4, Nashville, TN, 37211 listed at $292,100 pairs $1,999/mo rent with a $1,430/mo payment to leave $250/mo cash flow. Total monthly income runs $1,999/mo, and annual cash flow reaches $3,001/yr on $96,831 cash to close. Return on cash invested measures 23.01% in year one, and rental yield registers 8.21% at a $292,100 basis. Equity gained on principal adds $1,885/yr, and annual property appreciation at 5% supports $80,702 by year five. Five-year ROI tracks 119.23% and total cumulative return in cash totals $115,456. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,999/mo property income relative to a $1,430/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2005
988 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37211, Nashville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 37,568 (100%) |
| Owner Occupied HU | 15,589 (41.5%) |
| Renter Occupied HU | 19,608 (52.2%) |
| Vacant Housing Units | 2,371 ( 6.3%) |
| Median Home Value | $423,382 |
| Average Home Value | $486,554 |
Housing Distribution
Address Breakdown
Residential
35,473
Single Family
22,812
Multi-Family
12,661
Businesses
2,514
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices