676 Richards DrClarksvilleTN37043
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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
Investment property for sale in Clarksville at 676 Richards Dr, Clarksville, TN, 37043 offers a 6.62% rental yield on a $414,900 purchase with $2,290/mo rent. 22% in year one. Equity gained on principal adds $2,677/yr while 5% annual appreciation supports $114,629 over five years. Portfolio math shows five-year ROI at 93.53% and total cumulative return in cash at $128,642. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,290/mo property income against a $2,031/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
8,712 sqft 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: Melissa Woodling • Century 21 Platinum Properties
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3079693