1102 Meachem 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
Investment property for sale in Clarksville at 1102 Meachem Dr, Clarksville, TN, 37042 earns $223/mo cash flow from $2,034/mo rent with a $1,481/mo payment. Total monthly income totals $2,034/mo, and annual cash flow totals $2,673/yr on $100,279 capital. ROI tracks 22.57% on current figures, and rental yield reads 8.07% at a $302,500 purchase. Equity gained on principal adds $1,952/yr, and 5% annual appreciation supports $83,575 over five years. Five-year ROI reaches 116.87% and total cumulative return in cash sums $117,197. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,034/mo property income instead of your personal income.
Single Family
Built in 2013
0.39 Acres 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: Ciera Netherton • Legion Realty
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #2979925