118 Forest Hills DrClarksvilleTN37040
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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 118 Forest Hills Dr, Clarksville, TN, 37040 at $399,900 posts ROI 12.58% with from $1,584/mo rent. Total monthly income equals $1,584/mo. Return on cash invested measures 12.58% and rental yield reads 4.75% at the current $399,900. Equity gained on principal adds $2,580/yr, and 5% annual appreciation supports $110,485 by year five. Five-year ROI prints 63.29% and total cumulative return in cash totals $83,900. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,584/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1963
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37040, Clarksville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,083 (100%) |
| Owner Occupied HU | 14,549 (53.7%) |
| Renter Occupied HU | 10,669 (39.4%) |
| Vacant Housing Units | 1,865 ( 6.9%) |
| Median Home Value | $311,417 |
| Average Home Value | $337,491 |
Housing Distribution
Address Breakdown
Residential
25,440
Single Family
22,575
Multi-Family
2,865
Businesses
2,355
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Listed by: Kimberly Stewart-Newlove • Crye-Leike, Inc., REALTORS
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3068716