Davidson County, Nashville, TN 37138

CREATIVE FINANCE — OLD HICKORY VILLAGE, NASHVILLETurnkey 3BR/2BA Historic Home | 3.68% Blended Rate | Sub-To Acquisition Rare Sub-To opportunity on a fully renovated 1930 Village of Old Hickory home — backing directly to the park, walkable to Dose Coffee, Old Hickory Pizza & Pub, and the community center. 25 minutes to downtown Nashville, 15 minutes to BNA. Take title with $55K down, keep the existing 3.68% blended financing in place, and skip the bank entirely. DEAL STRUCTURE - Purchase Price: $425,000 - Entry Fee (Down): $55,000 - Financed Balance: $370,000 - Blended Interest Rate: 3.68% - PITI: $2,585.75/mo (includes seller-fi payment, taxes, insurance) - Balloon Period: 10 years- Closing Date: 7/24/26 - EMD: $10,000 - Title Company: Creative Title QUICK MATH - Home Value (Zestimate): $388,500 - Market Rent Estimate: $2,229/mo - PITI: $2,585.75/mo- Cashflow (long-term rental): Slightly negative (~$357/mo) - Cashflow (STR at 55% occ): Strongly positive ($800-$1,200/mo net) - 10-year appreciation on $425K at 3% annual: +$146K - Combined 10-year equity build (principal paydown + appreciation): $180K-$220K PROPERTY DETAILS - 3 Bed / 2 Bath - 1,845 sqft- 5,227 sqft lot (0.12 acre) - Year Built: 1930 (period-correct Village home) - Subdivision: Village of Old Hickory (Historic Village core) - Backs directly to the neighborhood park - Turnkey condition — no rehab needed- Davidson County ━━━━━━━━━━━━━━━━━━━━━ THE RATE IS THE DEAL At today's ~7.25% market rate, financing $370K would cost roughly $2,524/mo in P&I. This note is at 3.68% blended — ~$1,700/mo in P&I. - Monthly savings vs market rate: ~$824/mo- Total interest savings over 10-year balloon window: ~$99,000 This isn't a discount-price acquisition — it's a rate-arbitrage acquisition on a fully renovated home in one of Nashville's most character-rich neighborhoods. Lock in below-market financing at a time when new mortgages are 7%+. ━━━━━━━━━━━━━━━━━━━━━ WHY VILLAGE OF OLD HICKORY - 25 min to downtown Nashville- 15 min to BNA International Airport- Old Hickory Lake — 5 min (boating, waterfront dining at Sam's Sports Grill)- Walkable Village core — Dose Coffee, Old Hickory Pizza & Pub, community center, library, Hamby's Grocery- Backs to the park (rare in-town green space)- Neighborhood median value: $433,436- 37138 median list price: $410,662- Historic DuPont-built town from 1918 — deep community identity ━━━━━━━━━━━━━━━━━━━━━ WAYS TO WIN THIS DEAL OWNER-OCCUPANT (no bank qualifying required)Perfect for self-employed buyers, buyers recovering from credit events, recent immigrants building US credit, or anyone who wants to lock in 3.68% financing in a 7%+ market. Move in, pay $2,585/mo (less than most Nashville rentals of this size), build equity. SHORT-TERM RENTAL / AIRBNBOld Hickory Lake + walkable Village + 25 min to Nashville tourism corridor = strong STR fundamentals. Comparable Village STRs run $175-$275/night. At 55% occupancy, revenue potential $35K-$50K annually. Verify Metro Nashville STR permitting for this address before close. LONG-TERM APPRECIATION HOLDVillage of Old Hickory has held value even in cooling markets. Historic charm, park proximity, and lake access are limited supply. Accept modest negative monthly (rent Zestimate $2,329 vs PITI $2,585) for equity build and long-term appreciation. HOUSE HACKLive in the property, rent a room or two. Village demand supports $700-$1,000/room for young Nashville professionals. ━━━━━━━━━━━━━━━━━━━━━ HONEST DISCLOSURES Turnkey — no rehab needed 3.68% blended rate locked in for 10 years Park-backing lot, walkable Village location 25 min to downtown Nashville Direct assignment, no bank qualifying DUE-ON-SALE CLAUSE risk on the underlying mortgage — like all Sub-To deals. Rarely enforced when payments are current, but the risk exists. 10-YEAR BALLOON — refinance or sell before Year 10 or default the seller carry note. Plan the exit strategy accordingly. Purchase price ($425K) is ABOVE current market comparable listings ($415K) and Zestimate ($388K). This is a RATE arbitrage deal, not a discount purchase. Old Hickory Village prices down 10.8% YoY per Redfin — cooling market. Price any exit conservatively. Existing mortgage stays in seller's name — a default damages the seller's credit. Reciprocally, on-time Sub-To payments don't build the buyer's credit. Insurance must be coordinated to keep existing mortgagee listed on the policy. STR permitting in Metro Nashville is regulated — verify this specific address is eligible for STR use before closing if that's the exit strategy. 1930 build — potential surprises with older plumbing/electrical/HVAC lifecycle over hold period. ━━━━━━━━━━━━━━━━━━━━━ DEAL TERMS - Entry Fee: $55,000 - Purchase Price: $425,000 - Blended Rate: 3.68% - PITI: $2,585.75/mo - Balloon: 10 years - EMD: $10,000 - Closing: 7/24/26 via Creative Title - Bank statements + POF required to verify entry fee funds- Full understanding and acceptance of Sub-To structure risks required ━━━━━━━━━━━━━━━━━━━━━ SERIOUS CREATIVE FINANCE BUYERS ONLY This is not a cash flip. This is a creative acquisition for buyers who: Understand Sub-To / Wrap structures Have $55K liquid for the entry fee Have a clear exit strategy within the 10-year balloon window Have documented monthly income to cover $2,585.75 PITI First qualified buyer with verified funds + signed Sub-To acknowledgment takes it. Contact your disposition manager to schedule a showing and receive the full deal package.