500 N Whitcomb AvenueClarksvilleIN47129
INVESTMENT ANALYSIS
Investment Verdict
Solid Income500 N Whitcomb Avenue, Clarksville, IN, 47129 in Clarksville is a solid income-producing rental, 9.65% gross yield, $1,770/mo rent, $449/mo net cash flow on a $220,000 buy. DSCR 1.79 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $60,782 and $2,026/yr in principal reduction project a total cumulative return of $112,214.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.7% | 6.5% |
| Monthly Cash Flow | $449 | $300 |
City averages based on Clarksville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,770 |
| Total Monthly Debt Service | $1,233 |
| DSCR Ratio | 1.44x |
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.
Single Family
Built in 1941
7,405 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
Single Family
Built in 1941
7,405 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: SIRA
Mls ID: #202605675