248 Caldwell LnClarksvilleTN37040
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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 248 Caldwell Ln, Clarksville, TN, 37040 offers $1,560/mo rent that, after a $856/mo payment, leaves $513/mo cash flow. Total monthly income is $1,560/mo, and annual cash flow is $6,157/yr on $57,979 cash. Return on cash invested measures 30.53% in year one, and rental yield stands at 10.7% at a $174,900 entry. Equity gained on principal adds $1,129/yr while 5% annual appreciation compounds into $48,322 by year five. Five-year ROI records 159.61% and total cumulative return in cash reaches $92,544. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,560/mo property income versus a $856/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37040, Clarksville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,083 (100%) |
| Owner Occupied HU | 14,549 (53.7%) |
| Renter Occupied HU | 10,669 (39.4%) |
| Vacant Housing Units | 1,865 ( 6.9%) |
| Median Home Value | $311,417 |
| Average Home Value | $337,491 |
Housing Distribution
Address Breakdown
Residential
25,440
Single Family
22,575
Multi-Family
2,865
Businesses
2,355
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Listed by: Sydney B. Hedrick • Byers & Harvey Inc.
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3067483