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Updated almost 6 years ago on . Most recent reply
Desirable zip codes - TN, PA, KS
Hi there!
Looking to purchase a single detached property in either Nashville, Kansas City (Kansas side), or Pittsburgh areas with the intent to rent to families. Interested in locations with good school rating and convenient metro/shopping etc.
Hoping to get some feedback from this community on desirable zip codes in these cities with growth/income potential, and ease of rentals.
Thank you very much in advance.
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Hi Tommy!
Interested in Nashville?! Fantastic, it is a great market to be in and it keeps getting better! I have listed all my favorite zips from the metro area along with a little description to help you strategize:
McFerrin Park = 37207 (up-and-coming/heating up, BRRRR friendly, older single family homes + new construction)
Marathon Village, Buena Vista, B.A.D., Germantown = 37208 (up-and-coming/heating up/hot, works for a few different strategies, older single family homes, new construction, and reuse of old space, Germantown is a little bit of an outlier with how much more development has happened there than anywhere else in North Nashville but now there are more options)
Madison = 37115 (strong rental market, suburb of Nashville, good for commuters)
East Nashville = 37206 (established/desirable neighborhood, strong commercial strips, walkable could work for a few different strategies depending, older homes + new construction, lots of STR's, very easy to LTR as well)
Inglewood = 37216 (an extension of East Nashville, marginally less desirable)
The Nations, TSU/College Hill, Sylvan Heights/Park = 37209 (up-an-coming/heating up area, fairly strong commercial strips (continued growth), LOTS of new construction and development, Amazon just announced a multi-million dollar project with TSU)
Downtown, WeHo, Midtown, Music Row = 37203 (very established/desirable neighborhoods, ideal STR location, easy to rent, I don't know if you know this but Amazon is coming to town and EY is expanding there base here as well. The introduction of these 5,000+ high paying jobs is projected to increase the city's average rent rate by $300)
HBV, Vanderbilt = 37212 (very established/desirable neighborhoods, ideal STR location, easy to rent )
12South, 8South/Berry Hill = 37204 (very established/desirable neighborhoods, ideal STR location, easy to rent)
Green Hills = 37215 (very established/desirable neighborhood, congested/dense area, easy to rent)
I know that probably was a lot I hope it helped! I'd love the opportunity to talk through this with you and maybe get to know more about your needs, and your wants, and your goals, and your plans! Let me know if that's something you'd be interested in!