632 Shoemaker LnClarksvilleTN37043
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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 632 Shoemaker Ln, Clarksville, TN, 37043 priced at $304,600 converts $2,018/mo rent into $194/mo cash flow after a $1,491/mo obligation. Total monthly income equals $2,018/mo, and annual cash flow totals $2,334/yr on $100,975 invested. Return on cash invested prints 22.22% in year one, and rental yield reads 7.95% against a $304,600 entry. Equity gained on principal adds $1,966/yr, while 5% annual appreciation compiles into $84,155 by year five. Five-year ROI reaches 114.99% and total cumulative return in cash sums $116,116. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,018/mo property income covering a $1,491/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37043, Clarksville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,554 (100%) |
| Owner Occupied HU | 16,592 (64.9%) |
| Renter Occupied HU | 7,545 (29.5%) |
| Vacant Housing Units | 1,417 ( 5.5%) |
| Median Home Value | $373,025 |
| Average Home Value | $418,573 |
Housing Distribution
Address Breakdown
Residential
25,065
Single Family
22,587
Multi-Family
2,478
Businesses
1,193
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Listed by: N/A • N/A
Mls Name: Lennar Homes
Mls Provider:
Mls ID: #N/A