415 Hillside 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
Rental property for sale in Clarksville at 415 Hillside Dr, Clarksville, TN, 37040 offers $1,813/mo rent that, after a $1,443/mo payment, leaves $48/mo cash flow. Total monthly income is $1,813/mo, and annual cash flow is $577/yr on $97,759 cash. Return on cash invested measures 20.5% in year one, and rental yield stands at 7.38% at a $294,900 entry. Equity gained on principal adds $1,903/yr while 5% annual appreciation compounds into $81,475 by year five. Five-year ROI records 105.77% and total cumulative return in cash reaches $103,399. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,813/mo property income versus a $1,443/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
5,662 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: Collette Breen • RE/MAX Choice Properties
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3047476