284 Lafayette RdClarksvilleTN37042
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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 284 Lafayette Rd, Clarksville, TN, 37042 with 5% annual appreciation on a $214,000 basis while $1,481/mo rent supports operations. Total monthly income totals $1,481/mo and a $1,047/mo payment preserves $200/mo for cash returns. Annual cash flow comes to $2,405/yr on $70,941 deployed, and return on cash invested reaches 23.3% in year one. Equity gained on principal adds $1,381/yr, and five-year appreciation sums $59,124 alongside rental yield of 8.3%. Five-year ROI measures 120.78% and total cumulative return in cash totals $85,679.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,481/mo property income versus a $1,047/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1979
0.33 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: Robert Garcia • Front Porch Realty & Property Management
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3060746