944 9th Ave SNashvilleTN37203
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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 944 9th Ave S, Nashville, TN, 37203 generates $2,774/mo in rent and, after a $545/mo payment, leaves $2,107/mo in cash flow. Total monthly income is $2,774/mo, and annual cash flow is $25,289/yr on $36,929 invested. Return on cash invested sits at 88.39% in year one, and rental yield is 29.88% on a $111,400 entry. Equity gained on principal adds $719/yr, while 5% annual appreciation builds toward $30,778 over five years. Five-year ROI reaches 469.89% and total cumulative return in cash sums $173,527. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,774/mo property income rather than buyer’s personal income.
Single Family
Built in 1976
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37203, Nashville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,068 (100%) |
| Owner Occupied HU | 2,636 (11.9%) |
| Renter Occupied HU | 14,640 (66.3%) |
| Vacant Housing Units | 4,792 (21.7%) |
| Median Home Value | $630,000 |
| Average Home Value | $705,546 |
Housing Distribution
Address Breakdown
Residential
21,257
Single Family
4,043
Multi-Family
17,214
Businesses
2,943
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