2307 Pendleton DrClarksvilleTN37042
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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
Investment Highlights
Investment property for sale in Clarksville at 2307 Pendleton Dr, Clarksville, TN, 37042 uses $74,588 cash to close to unlock $2,452/yr annual cash flow and $204/mo monthly cash flow. Total monthly income runs $1,551/mo, and a $1,101/mo payment keeps the spread at $204/mo. Purchase price stands at $225,000, and rental yield measures 8.27% with $1,551/mo rent. Return on cash invested shows 23.2% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 120.24% and total cumulative return in cash records $89,685. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,551/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1971
0.36 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: Jaime Wallace • Keller Williams Realty Clarksville
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3015366