420 Thompkins LnClarksvilleTN37043
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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 420 Thompkins Ln, Clarksville, TN, 37043 generates $1,931/mo in rent and, after a $1,556/mo payment, leaves $28/mo in cash flow. Total monthly income is $1,931/mo, and annual cash flow is $336/yr on $105,384 invested. Return on cash invested sits at 20.23% in year one, and rental yield is 7.29% on a $317,900 entry. Equity gained on principal adds $2,051/yr, while 5% annual appreciation builds toward $87,830 over five years. Five-year ROI reaches 104.29% and total cumulative return in cash sums $109,900. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,931/mo property income rather than buyer’s personal income.
Single Family
Built in 1943
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37043, Clarksville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,554 (100%) |
| Owner Occupied HU | 16,592 (64.9%) |
| Renter Occupied HU | 7,545 (29.5%) |
| Vacant Housing Units | 1,417 ( 5.5%) |
| Median Home Value | $373,025 |
| Average Home Value | $418,573 |
Housing Distribution
Address Breakdown
Residential
25,065
Single Family
22,587
Multi-Family
2,478
Businesses
1,193
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Listed by: Lizette Marie Green-Bean • True Connexions Realty
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3061716