NASHVILLE, Tenn., March 19, 2026 (GLOBE NEWSWIRE) — The Costigan Group at Compass rolls out a structured pre-acquisition screening framework for short-term rental buyers, giving patrons a four-checkpoint system to judge zoning eligibility, property structure, aggressive positioning, and income projections earlier than committing capital.
The framework arrives as Nashville’s STR market enters a interval of tighter margins and stricter oversight. Occupancy charges throughout the town’s most lively rental corridors have normalized within the low-to-mid 50s, whereas common every day charges pulled again 15 to 25 p.c from post-COVID peaks. Properties bought with out conservative underwriting now face month-to-month money move gaps that many first-time buyers didn’t anticipate. The Costigan Group constructed its screening course of to handle that disconnect head-on.
Nashville operates underneath a two-tier allow system that separates owner-occupied from non-owner-occupied short-term leases. Non-owner-occupied permits, the kind most buyers require, are restricted to industrial and mixed-use zoning districts. Two properties, three blocks aside, with equivalent asking costs, can have fully reverse funding viability based mostly solely on their zoning designations. The Costigan Group’s framework begins with zoning verification by means of Metro Nashville’s parcel viewer and planning division data, filtering out ineligible properties earlier than purchasers tour or write affords.
“Most investors discover zoning issues after they have already committed emotionally to a property,” mentioned Jack Costigan, founding father of The Costigan Group. “We reverse that sequence. Zoning comes first, and then we evaluate performance potential within the pool of eligible properties.”
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The four-checkpoint system strikes from zoning verification to structure evaluation, measuring bed room rely, lavatory ratios, parking availability, and out of doors house towards visitor expectations for every worth tier. Block-by-block positioning then examines proximity to Nashville’s main points of interest, walkability scores, and aggressive density inside a quarter-mile radius. The ultimate checkpoint runs conservative income modeling utilizing precise neighborhood efficiency information, accounting for administration charges, furnishing prices, upkeep reserves, and emptiness durations that optimistic calculators are inclined to ignore.
”STRs amplify both good and bad decisions,” Costigan added. “If the basics are not right, whether that is zoning, layout, pricing strategy, or location, no amount of marketing will fix it. We run every deal through this framework before a client ever writes an offer.”
The Costigan Group closed $40 million in transactions final 12 months, bringing whole closed quantity to roughly $70 million. 12 months-over-year income development exceeded 141 p.c, pushed by repeat purchasers and referrals from buyers who credited the crew’s conservative projections with defending their capital.
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“Nashville still generates strong returns for investors who buy correctly,” Costigan mentioned. “The margin for error has narrowed, which makes disciplined pre-acquisition analysis more valuable than it has been at any point in the last four years.”
The Costigan Group serves Davidson and Williamson counties from its Compass Nashville workplace at 4025 Hillsboro Pike.
About The Costigan Group
Jack Costigan is a top-producing Realtor and founding father of The Costigan Group at Compass Nashville, specializing in short-term rental, funding, luxurious advisory, and residential actual property throughout Higher Nashville and Center Tennessee. Recognized for his data-driven technique, trendy advertising and marketing, and high-touch shopper expertise, Jack advises owners, professionals, and buyers on figuring out and executing high-performing actual property alternatives.
Contact Particulars
Spokesperson/Contact Identify: Jack Costigan
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Identify of Firm/Group: The Costigan Group at Compass
Web site: https://www.jackcostiganrealestate.com/
