1019 McClardy RdClarksvilleTN37042
INVESTMENT ANALYSIS
Investment Verdict
Solid Income1019 McClardy Rd, Clarksville, TN, 37042 in Clarksville is a solid income-producing rental, 8.2% gross yield, $1,639/mo rent, $202/mo net cash flow on a $240,000 buy. DSCR 1.52 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $66,308 and $2,210/yr in principal reduction project a total cumulative return of $103,818.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 4.2% |
| Monthly Cash Flow | $202 | $850 |
City averages based on Clarksville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,639 |
| Total Monthly Debt Service | $1,341 |
| DSCR Ratio | 1.22x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1993
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37042, Clarksville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 37,587 (100%) |
| Owner Occupied HU | 20,235 (53.8%) |
| Renter Occupied HU | 14,701 (39.1%) |
| Vacant Housing Units | 2,651 ( 7.1%) |
| Median Home Value | $276,220 |
| Average Home Value | $299,435 |
Housing Distribution
Address Breakdown
Residential
36,116
Single Family
33,421
Multi-Family
2,695
Businesses
1,037
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1993
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37042, Clarksville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 37,587 (100%) |
| Owner Occupied HU | 20,235 (53.8%) |
| Renter Occupied HU | 14,701 (39.1%) |
| Vacant Housing Units | 2,651 ( 7.1%) |
| Median Home Value | $276,220 |
| Average Home Value | $299,435 |
Housing Distribution
Address Breakdown
Residential
36,116
Single Family
33,421
Multi-Family
2,695
Businesses
1,037
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jacquelyn Scott • Mark Spain Real Estate
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3079620