740 1st Ave NNashvilleTN37201
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 5.71% gross rental yield, 740 1st Ave N, Nashville, TN, 37201 in Nashville is priced for capital growth, not immediate cash flow. The $397,300 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $109,767 by year five, with $3,659/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (1.13) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $110,639.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.7% | 4.2% |
| Monthly Cash Flow | $(990) | $850 |
City averages based on Nashville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,023 |
| Total Monthly Debt Service | $2,500 |
| DSCR Ratio | 0.81x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1986
630 sqft lot
$N/A/sqft
$188 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37201, Nashville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,671 (100%) |
| Owner Occupied HU | 245 (14.7%) |
| Renter Occupied HU | 1,012 (60.6%) |
| Vacant Housing Units | 414 (24.8%) |
| Median Home Value | $573,980 |
| Average Home Value | $573,827 |
Housing Distribution
Address Breakdown
Residential
1,144
Single Family
64
Multi-Family
1,080
Businesses
334
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
Condo
Built in 1986
630 sqft lot
$N/A/sqft
$188 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37201, Nashville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,671 (100%) |
| Owner Occupied HU | 245 (14.7%) |
| Renter Occupied HU | 1,012 (60.6%) |
| Vacant Housing Units | 414 (24.8%) |
| Median Home Value | $573,980 |
| Average Home Value | $573,827 |
Housing Distribution
Address Breakdown
Residential
1,144
Single Family
64
Multi-Family
1,080
Businesses
334
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices