1093 Charles Thomas DrClarksvilleTN37042
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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
Rental property for sale in Clarksville at 1093 Charles Thomas Dr, Clarksville, TN, 37042 generates $1,843/mo in rent and, after a $1,399/mo payment, leaves $132/mo in cash flow. Total monthly income is $1,843/mo, and annual cash flow is $1,583/yr on $94,776 invested. Return on cash invested sits at 21.58% in year one, and rental yield is 7.74% on a $285,900 entry. Equity gained on principal adds $1,845/yr, while 5% annual appreciation builds toward $78,989 over five years. Five-year ROI reaches 111.52% and total cumulative return in cash sums $105,697. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,843/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
6,098 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
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Listed by: Joey H. G. Long • Coldwell Banker Conroy, Marable & Holleman
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3072637