808 Carsten StNashvilleTN37221
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play808 Carsten St, Nashville, TN, 37221 in Nashville is priced for appreciation, not yield. Rental yield 3.26%. At $1,474,900 with a 3.26% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $407,488 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.60) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $247,583.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.3% | 4.2% |
| Monthly Cash Flow | $(4,971) | $850 |
City averages based on Nashville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,006 |
| Total Monthly Debt Service | $8,242 |
| DSCR Ratio | 0.49x |
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.
Single Family
Built in 2020
6,969 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
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
Single Family
Built in 2020
6,969 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices