353 Hickory HtsClarksvilleTN37040
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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 353 Hickory Hts, Clarksville, TN, 37040 with 5% annual appreciation on a $120,000 basis while $964/mo rent supports operations. Total monthly income totals $964/mo and a $587/mo payment preserves $246/mo for cash returns. Annual cash flow comes to $2,952/yr on $39,780 deployed, and return on cash invested reaches 27.33% in year one. Equity gained on principal adds $774/yr, and five-year appreciation sums $33,154 alongside rental yield of 9.64%. Five-year ROI measures 142.37% and total cumulative return in cash totals $56,635.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $964/mo property income versus a $587/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1947
8,712 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: Sandra Kearney • What About That House Real Estate Services
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3061054