930 Sharpe AveNashvilleTN37206
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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 930 Sharpe Ave, Nashville, TN, 37206 generates $2,053/mo in rent and, after a $1,463/mo payment, leaves $264/mo in cash flow. Total monthly income is $2,053/mo, and annual cash flow is $3,163/yr on $99,119 invested. Return on cash invested sits at 23.1% in year one, and rental yield is 8.24% on a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 119.7% and total cumulative return in cash sums $118,642. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,053/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37206, Nashville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,502 (100%) |
| Owner Occupied HU | 6,329 (43.6%) |
| Renter Occupied HU | 6,132 (42.3%) |
| Vacant Housing Units | 2,041 (14.1%) |
| Median Home Value | $597,260 |
| Average Home Value | $651,554 |
Housing Distribution
Address Breakdown
Residential
13,890
Single Family
11,532
Multi-Family
2,358
Businesses
887
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