468 Caney LnClarksvilleTN37040
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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 468 Caney Ln, Clarksville, TN, 37040 priced at $215,000 pairs $1,507/mo rent with $220/mo cash flow after a $1,052/mo payment. Total monthly income equals $1,507/mo, and annual cash flow comes to $2,643/yr on $71,273 invested. Return on cash invested is 23.62% in year one, and rental yield stands at 8.41% on a $215,000 basis. Equity gained on principal adds $1,387/yr, and 5% annual appreciation accumulates to $59,401 by year five. Five-year ROI measures 122.51% and total cumulative return in cash reaches $87,313. For financing, Ziffy Mortgage’s DSCR program evaluates $1,507/mo property income against a $1,052/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2003
0.28 Acres 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: Jimmy Terry • Century 21 Platinum Properties
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #2885854