230 Jim Thorpe 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 230 Jim Thorpe Dr, Clarksville, TN, 37042 priced at $220,000 converts $1,607/mo rent into $290/mo cash flow after a $1,077/mo obligation. Total monthly income equals $1,607/mo, and annual cash flow totals $3,478/yr on $72,930 invested. Return on cash invested prints 24.68% in year one, and rental yield reads 8.77% against a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation compiles into $60,782 by year five. Five-year ROI reaches 128.14% and total cumulative return in cash sums $93,455. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,607/mo property income covering a $1,077/mo payment, not borrower’s personal income.
Single Family
Built in 1992
8,712 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: Demetria "Dee" Alexander • Benchmark Realty, LLC
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3069411