5 Lakeshore DrClarksvilleIN47129
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeAt 1.78, 5 Lakeshore Dr, Clarksville, IN, 47129 in Clarksville sits at the top of Ziffy Mortgage's DSCR coverage band, a significant advantage for non-U.S. buyers closing without domestic income documentation. Rental yield 9.63%. The 9.63% yield is backed by 5% annual appreciation projecting $42,796 in value gain, plus $1,427/yr in principal reduction. Total projected cumulative return: $78,777.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 6.5% |
| Monthly Cash Flow | $(47) | $300 |
City averages based on Clarksville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,243 |
| Total Monthly Debt Service | $868 |
| DSCR Ratio | 1.43x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1972
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47129, Clarksville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,788 (100%) |
| Owner Occupied HU | 4,747 (48.5%) |
| Renter Occupied HU | 4,093 (41.8%) |
| Vacant Housing Units | 948 ( 9.7%) |
| Median Home Value | $189,797 |
| Average Home Value | $217,139 |
Housing Distribution
Address Breakdown
Residential
9,317
Single Family
7,483
Multi-Family
1,834
Businesses
931
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1972
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47129, Clarksville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,788 (100%) |
| Owner Occupied HU | 4,747 (48.5%) |
| Renter Occupied HU | 4,093 (41.8%) |
| Vacant Housing Units | 948 ( 9.7%) |
| Median Home Value | $189,797 |
| Average Home Value | $217,139 |
Housing Distribution
Address Breakdown
Residential
9,317
Single Family
7,483
Multi-Family
1,834
Businesses
931
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: GLARMLS
Mls ID: #1704761