422 Hickory Hill 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 422 Hickory Hill Dr, Clarksville, TN, 37040 priced at $269,950 pairs $902/mo rent with after a $1,321/mo payment. Total monthly income equals $902/mo. Return on cash invested is 10.34% in year one, and rental yield stands at 4.01% on a $269,950 basis. Equity gained on principal adds $1,742/yr, and 5% annual appreciation accumulates to $74,582 by year five. Five-year ROI measures 51.29% and total cumulative return in cash reaches $45,897. For financing, Ziffy Mortgage’s DSCR program evaluates $902/mo property income against a $1,321/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1980
N/A 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: Elizabeth (Liz) Sauer • Real Estate Innovations
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3058723