215 Bob White 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 215 Bob White Dr, Clarksville, TN, 37042 priced at $239,500 converts $2,034/mo rent into $601/mo cash flow after a $1,172/mo obligation. Total monthly income equals $2,034/mo, and annual cash flow totals $7,207/yr on $79,394 invested. Return on cash invested prints 28.99% in year one, and rental yield reads 10.19% against a $239,500 entry. Equity gained on principal adds $1,545/yr, while 5% annual appreciation compiles into $66,169 by year five. Five-year ROI reaches 151.27% and total cumulative return in cash sums $120,097. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,034/mo property income covering a $1,172/mo payment, not borrower’s personal income.
Single Family
Built in 1992
0.29 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: Steve Nash • Keller Williams Realty
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #2981859