219 Park LnClarksvilleTN37042
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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 219 Park Ln, Clarksville, TN, 37042 uses $56,322 cash to close to unlock $3,558/yr annual cash flow and $297/mo monthly cash flow. Total monthly income runs $1,314/mo, and a $832/mo payment keeps the spread at $297/mo. Purchase price stands at $169,900, and rental yield measures 9.28% with $1,314/mo rent. Return on cash invested shows 26.23% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 136.51% and total cumulative return in cash records $76,886. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,314/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in 1955
7,840 sqft 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: Katherine Dines • Hospitality Realty & Hometown Property Management
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #2991148