1941 Evans RdClarksvilleTN37042
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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 1941 Evans Rd, Clarksville, TN, 37042 offers a 12.4% rental yield on a $125,000 purchase with $1,292/mo rent. Total monthly income registers $1,292/mo, and a $612/mo payment leaves $544/mo available for distribution. Annual cash flow reaches $6,522/yr on $41,438 to close, and return on cash invested stands at 35.65% in year one. Equity gained on principal adds $807/yr while 5% annual appreciation supports $34,535 over five years. Portfolio math shows five-year ROI at 187.03% and total cumulative return in cash at $77,501. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,292/mo property income against a $612/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1995
0.34 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: Doreen Lynch • Coldwell Banker Conroy, Marable & Holleman
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3062131