588 Joshua DrClarksvilleTN37042
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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 588 Joshua Dr, Clarksville, TN, 37042 offers $1,348/mo rent that, after a $979/mo payment, leaves $151/mo cash flow. Total monthly income is $1,348/mo, and annual cash flow is $1,808/yr on $66,300 cash. Return on cash invested measures 22.64% in year one, and rental yield stands at 8.09% at a $200,000 entry. Equity gained on principal adds $1,291/yr while 5% annual appreciation compounds into $55,256 by year five. Five-year ROI records 117.22% and total cumulative return in cash reaches $77,720. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,348/mo property income versus a $979/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
9,583 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
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Listed by: Ryan Parr • Haus Realty & Management LLC
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3037675