761 Harpeth Trace DrNashvilleTN37221
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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
Rental property for sale in Nashville at 761 Harpeth Trace Dr, Nashville, TN, 37221 priced at $435,900 converts $2,882/mo rent into $272/mo cash flow after a $2,134/mo obligation. Total monthly income equals $2,882/mo, and annual cash flow totals $3,266/yr on $144,501 invested. Return on cash invested prints 22.17% in year one, and rental yield reads 7.93% against a $435,900 entry. Equity gained on principal adds $2,813/yr, while 5% annual appreciation compiles into $120,431 by year five. Five-year ROI reaches 114.71% and total cumulative return in cash sums $165,763. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,882/mo property income covering a $2,134/mo payment, not borrower’s personal income.
Condo
Built in 1987
1,824 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37221, Nashville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,121 (100%) |
| Owner Occupied HU | 13,081 (61.9%) |
| Renter Occupied HU | 6,824 (32.3%) |
| Vacant Housing Units | 1,216 ( 5.8%) |
| Median Home Value | $481,109 |
| Average Home Value | $577,926 |
Housing Distribution
Address Breakdown
Residential
19,993
Single Family
15,032
Multi-Family
4,961
Businesses
844
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