211 S State StreetClarksvilleIN47129
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 211 S State Street, Clarksville, IN, 47129 in Clarksville is capital appreciation. Rental yield 5.5%. The 5.5% gross yield at $300,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $82,884 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (1.02) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $86,068.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.5% | 6.5% |
| Monthly Cash Flow | $(427) | $300 |
City averages based on Clarksville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,374 |
| Total Monthly Debt Service | $1,681 |
| DSCR Ratio | 0.82x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1941
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47129, Clarksville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,788 (100%) |
| Owner Occupied HU | 4,747 (48.5%) |
| Renter Occupied HU | 4,093 (41.8%) |
| Vacant Housing Units | 948 ( 9.7%) |
| Median Home Value | $189,797 |
| Average Home Value | $217,139 |
Housing Distribution
Address Breakdown
Residential
9,317
Single Family
7,483
Multi-Family
1,834
Businesses
931
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Multi Family
Built in 1941
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47129, Clarksville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,788 (100%) |
| Owner Occupied HU | 4,747 (48.5%) |
| Renter Occupied HU | 4,093 (41.8%) |
| Vacant Housing Units | 948 ( 9.7%) |
| Median Home Value | $189,797 |
| Average Home Value | $217,139 |
Housing Distribution
Address Breakdown
Residential
9,317
Single Family
7,483
Multi-Family
1,834
Businesses
931
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: SIRA
Mls ID: #202605423