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Katie Preston
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Nashville investors- how would you underwrite this one?

Katie Preston
Posted

We recently listed a property in Antioch that offers something increasingly difficult to find in Davidson County—multiple potential income streams on a single property.

4816 Bowfield Drive is a 2,148-square-foot home with 4 bedrooms, 2.5 bathrooms, plus a detached structure featuring a garage, kitchenette, bathroom, and flexible living space. The property is currently listed at $474,000. 

What makes it interesting from an investment perspective is the flexibility:

• Traditional owner-occupant with supplemental rental income
• Multigenerational living setup
• Long-term rental with separate income-producing space
• House hack opportunity
• Potential mid-term rental strategy (buyer to verify local regulations and suitability)

The main home has been updated with a renovated kitchen, updated bathrooms, and new flooring throughout. A private-entry suite in the main house adds another layer of flexibility for investors thinking creatively about occupancy and income generation. The detached structure includes a kitchenette, bathroom, garage, and separate living area. 

Location advantages:
• Minutes from Downtown Nashville
• Convenient access to BNA
• Near Tanger Outlets and major commuter routes
• No HOA restrictions to navigate

For the Nashville investors in this group:

  1. Would you view this primarily as a house-hack opportunity or a pure investment play?
  2. How would you estimate rental income from the detached space?
  3. What strategy would you pursue if you purchased it today?

Curious to hear how others would evaluate the upside here. Happy to provide additional details, photos, and financial assumptions for anyone interested.

Katie Preston

615-967-1092

  • Katie Preston