Ranch home in 605 N 5th St Nashville, TN
This 925-square-foot Ranch home in Nashville, TN includes 3 bedrooms and 1 bathroom. Notable features include hardwood floors. The Ranch styling carries through the home's design.
| Price | $419,400 |
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| Beds | 3 |
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| Baths | 1 |
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| Sqft | 925 |
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| Architectural style | Ranch (72% match) |
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| Address | 605 N 5th St Nashville, TN 37207 |
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Why buy this home
- Confirmed Ranch architecture, matched from the listing photos by Enzo's vision model.
- Features: hardwood floors.
- Links directly to the original source listing on Movoto.
Is this a good buy?
Priced a little under the area.
- At $419K, this home is 7% below the $450K median for 1563 similar Ranch homes in Nashville, TN.
- That works out to $453 per square foot, 70% above the $267 comparable rate.
| This home | $419,400 |
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| Ranch median in Nashville, TN | $450,000 (1563 homes) |
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| Price per sq ft | $453 vs. $267 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $2,687/month with 20% down at a 7.28% 30-year fixed rate. You would need about $115,162 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $2,296/mo |
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| Property tax (new-buyer reassessed rate) | $234/mo |
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| Homeowners insurance | $157/mo |
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| Total monthly | $2,687/mo |
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| Down payment (20%) | $83,880 |
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| Income needed | $115,162/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home A- (82 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | A- (82/100) |
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| Beats renting in | 53% of modeled paths |
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| Modeled 5-yr equity (median) | $275,689 |
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| Range (10th to 90th pct) | $182,740 to $388,556 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Nashville, TN where local data is thin.
Local home values
Typical home values in Nashville, TN have risen about 21% over the past 5 years (-1% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Movoto