124 Davis Ridge LnClarksvilleTN37040
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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 124 Davis Ridge Ln, Clarksville, TN, 37040 priced at $210,000 converts $1,429/mo rent into $172/mo cash flow after a $1,028/mo obligation. Total monthly income equals $1,429/mo, and annual cash flow totals $2,061/yr on $69,615 invested. Return on cash invested prints 22.87% in year one, and rental yield reads 8.17% against a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation compiles into $58,019 by year five. Five-year ROI reaches 118.46% and total cumulative return in cash sums $82,468. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,429/mo property income covering a $1,028/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A 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: Tiffany Klusacek - MRP, SRS • Tennessee's Elite at BHHS PenFed Realty
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3073741