2789 Ridgepole DrClarksvilleTN37040
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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 2789 Ridgepole Dr, Clarksville, TN, 37040 earns $202/mo cash flow from $2,160/mo rent with a $1,601/mo payment. Total monthly income totals $2,160/mo, and annual cash flow totals $2,424/yr on $108,401 capital. ROI tracks 22.15% on current figures, and rental yield reads 7.93% at a $327,000 purchase. Equity gained on principal adds $2,110/yr, and 5% annual appreciation supports $90,344 over five years. Five-year ROI reaches 114.62% and total cumulative return in cash sums $124,253. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,160/mo property income instead of your personal income.
Single Family
Built in 2006
9,583 sqft 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: Kriste Simmons • Weichert, Realtors - Home Pros
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3118430