507 Medallion CirClarksvilleTN37042
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
Investment Highlights
Rental property for sale in Clarksville at 507 Medallion Cir, Clarksville, TN, 37042 offers $1,707/mo rent that, after a $1,493/mo payment. Total monthly income is $1,707/mo. Return on cash invested measures 18.5% in year one, and rental yield stands at 6.72% at a $305,000 entry. Equity gained on principal adds $1,968/yr while 5% annual appreciation compounds into $84,266 by year five. Five-year ROI records 95.06% and total cumulative return in cash reaches $96,118. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,707/mo property income versus a $1,493/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37042, Clarksville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 37,587 (100%) |
| Owner Occupied HU | 20,235 (53.8%) |
| Renter Occupied HU | 14,701 (39.1%) |
| Vacant Housing Units | 2,651 ( 7.1%) |
| Median Home Value | $276,220 |
| Average Home Value | $299,435 |
Housing Distribution
Address Breakdown
Residential
36,116
Single Family
33,421
Multi-Family
2,695
Businesses
1,037
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Billy Joe • Veterans Realty Services
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3070974