925 Redwood DriveClarksvilleIN47129
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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 925 Redwood Drive, Clarksville, IN, 47129 priced at $299,900 converts $2,948/mo rent into $1,148/mo cash flow after a $1,468/mo obligation. Total monthly income equals $2,948/mo, and annual cash flow totals $13,771/yr on $99,417 invested. Return on cash invested prints 33.76% in year one, and rental yield reads 11.8% against a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation compiles into $82,857 by year five. Five-year ROI reaches 176.9% and total cumulative return in cash sums $175,864. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,948/mo property income covering a $1,468/mo payment, not borrower’s personal income.
Single Family
Built in 1970
9,761 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47129, Clarksville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,788 (100%) |
| Owner Occupied HU | 4,747 (48.5%) |
| Renter Occupied HU | 4,093 (41.8%) |
| Vacant Housing Units | 948 ( 9.7%) |
| Median Home Value | $189,797 |
| Average Home Value | $217,139 |
Housing Distribution
Address Breakdown
Residential
9,317
Single Family
7,483
Multi-Family
1,834
Businesses
931
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Listed by: Stephannie Wilson • NextHome Wilson Real Estate
Mls Name: SIRA
Mls Provider:
Mls ID: #2025011234
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.