742 Wedgewood ParkNashvilleTN37203
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
Rental property for sale in Nashville at 742 Wedgewood Park, Nashville, TN, 37203 priced at $569,000 pairs $3,857/mo rent with $451/mo cash flow after a $2,785/mo payment. Total monthly income equals $3,857/mo, and annual cash flow comes to $5,410/yr on $187,201 invested. Return on cash invested is 22.95% in year one, and rental yield stands at 8.13% on a $569,000 basis. Equity gained on principal adds $3,672/yr, and 5% annual appreciation accumulates to $157,204 by year five. Five-year ROI measures 118.84% and total cumulative return in cash reaches $222,479. For financing, Ziffy Mortgage’s DSCR program evaluates $3,857/mo property income against a $2,785/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37203, Nashville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,068 (100%) |
| Owner Occupied HU | 2,636 (11.9%) |
| Renter Occupied HU | 14,640 (66.3%) |
| Vacant Housing Units | 4,792 (21.7%) |
| Median Home Value | $630,000 |
| Average Home Value | $705,546 |
Housing Distribution
Address Breakdown
Residential
21,257
Single Family
4,043
Multi-Family
17,214
Businesses
2,943
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices