122 Shelton StClarksvilleTN37040
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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 122 Shelton St, Clarksville, TN, 37040 priced at $180,000 converts $1,518/mo rent into $441/mo cash flow after a $881/mo obligation. Total monthly income equals $1,518/mo, and annual cash flow totals $5,286/yr on $59,670 invested. Return on cash invested prints 28.77% in year one, and rental yield reads 10.12% against a $180,000 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation compiles into $49,731 by year five. Five-year ROI reaches 150.11% and total cumulative return in cash sums $89,573. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,518/mo property income covering a $881/mo payment, not borrower’s personal income.
Single Family
Built in 1906
10,018 sqft 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: Jimmy Terry • Century 21 Platinum Properties
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3039370