1001 Spicewood DrClarksvilleIN47129
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Clarksville at 1001 Spicewood Dr, Clarksville, IN, 47129 with 5% annual appreciation on a $235,200 basis while $2,345/mo rent supports operations. Total monthly income totals $2,345/mo and a $1,151/mo payment preserves $776/mo for cash returns. Annual cash flow comes to $9,309/yr on $77,969 deployed, and return on cash invested reaches 31.85% in year one. Equity gained on principal adds $1,518/yr, and five-year appreciation sums $64,981 alongside rental yield of 11.96%. Five-year ROI measures 167.51% and total cumulative return in cash totals $130,603.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,345/mo property income versus a $1,151/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1964
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47129, Clarksville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,788 (100%) |
| Owner Occupied HU | 4,747 (48.5%) |
| Renter Occupied HU | 4,093 (41.8%) |
| Vacant Housing Units | 948 ( 9.7%) |
| Median Home Value | $189,797 |
| Average Home Value | $217,139 |
Housing Distribution
Address Breakdown
Residential
9,317
Single Family
7,483
Multi-Family
1,834
Businesses
931
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