Based on comps at 1621B and 1619B Cahal Ave (similar 3-bed, 2.5-3 bath, 1950 sqft homes nearby), this 2,000 sqft, 3-bed, 3-bath East Nashville property should achieve a monthly rent between $2,950 and $3,850, depending on finish quality and lease terms. That’s $35.4K to $46.2K annually. With a list price of $629K, your gross rent multiplier (GRM) ranges from 13.6 to 17.7. The payback period is competitive for Nashville, especially considering recent rent rebounds and strong neighborhood demand[1][2][3]. The home’s modern build, open floor plan, and community feel add to its appeal, but HOA fees, moderate air/heat risk, and increased local supply moderate aggressive rent hikes.

To maximize rental income, invest in low-maintenance landscaping and consider upgrades to smart home features or luxury finishes, which resonate well with East Nashville renters. If selling, highlight the home’s turnkey status, abundant light, and proximity to new neighborhood developments. Emphasize the low-maintenance exterior, community security, and contemporary layout to attract both investors and owner-occupants seeking rental upside.