842 Richardson StClarksvilleTN37040
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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
Investment property for sale in Clarksville at 842 Richardson St, Clarksville, TN, 37040 at $195,000 posts ROI 26.72% with $367/mo cash flow from $1,534/mo rent. Total monthly income equals $1,534/mo, and annual cash flow records $4,405/yr on $64,643 to close. Return on cash invested measures 26.72% and rental yield reads 9.44% at the current $195,000. Equity gained on principal adds $1,258/yr, and 5% annual appreciation supports $53,875 by year five. Five-year ROI prints 139.19% and total cumulative return in cash totals $89,974.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,534/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1958
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37040, Clarksville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,083 (100%) |
| Owner Occupied HU | 14,549 (53.7%) |
| Renter Occupied HU | 10,669 (39.4%) |
| Vacant Housing Units | 1,865 ( 6.9%) |
| Median Home Value | $311,417 |
| Average Home Value | $337,491 |
Housing Distribution
Address Breakdown
Residential
25,440
Single Family
22,575
Multi-Family
2,865
Businesses
2,355
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Listed by: Amanda Nefe • Horizon Realty & Management
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #2998094