808 Carsten StNashvilleTN37221
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 808 Carsten St, Nashville, TN, 37221 offers $4,006/mo rent that, after a $7,219/mo payment. Total monthly income is $4,006/mo. Return on cash invested measures 8.26% in year one, and rental yield stands at 3.26% at a $1,474,900 entry. Equity gained on principal adds $9,517/yr while 5% annual appreciation compounds into $407,488 by year five. Five-year ROI records 39.99% and total cumulative return in cash reaches $191,103. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,006/mo property income versus a $7,219/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
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