1496 Buchanon 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 1496 Buchanon Dr, Clarksville, TN, 37042 generates $2,686/mo in rent and, after a $1,559/mo payment, leaves $779/mo in cash flow. Total monthly income is $2,686/mo, and annual cash flow is $9,350/yr on $105,616 invested. Return on cash invested sits at 28.76% in year one, and rental yield is 10.12% on a $318,600 entry. Equity gained on principal adds $2,056/yr, while 5% annual appreciation builds toward $88,023 over five years. Five-year ROI reaches 150.08% and total cumulative return in cash sums $158,504. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,686/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
0.28 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: Marie Velasquez/The Velasquez Team, C2EX, ABR, PSA, AHWD • Zach Taylor Real Estate
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #2965671