817 3rd Ave NNashvilleTN37201
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 817 3rd Ave N, Nashville, TN, 37201 offers $2,057/mo rent that, after a $2,447/mo payment. Total monthly income is $2,057/mo. Return on cash invested measures 11.4% in year one, and rental yield stands at 4.94% at a $499,900 entry. Equity gained on principal adds $3,226/yr while 5% annual appreciation compounds into $138,113 by year five. Five-year ROI records 57.6% and total cumulative return in cash reaches $95,460. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,057/mo property income versus a $2,447/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2008
N/A lot
$N/A/sqft
$239 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
Listed by: Laura Mangiofico • Prosper Realty Group
Mls Name: Tennessee Valley MLS
Mls Provider:
Mls ID: #134187
Disclaimer: Copyright Tennessee Valley Association of REALTORS. All rights reserved. Some or all of the listings displayed may not belong to the firm whose website is being visited. Information is deemed reliable but not guaranteed.