986 May Apple 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
Investment property for sale in Clarksville at 986 May Apple Dr, Clarksville, TN, 37042 listed at $196,000 pairs $1,524/mo rent with a $959/mo payment to leave $351/mo cash flow. Total monthly income runs $1,524/mo, and annual cash flow reaches $4,212/yr on $64,974 cash to close. Return on cash invested measures 26.39% in year one, and rental yield registers 9.33% at a $196,000 basis. Equity gained on principal adds $1,265/yr, and annual property appreciation at 5% supports $54,151 by year five. Five-year ROI tracks 137.43% and total cumulative return in cash totals $89,292. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,524/mo property income relative to a $959/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1992
0.35 Acres 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: Kayla Gunter • Century 21 Platinum Properties
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #2941509