INVESTMENT OPPORTUNITY – TURNKEY RENTAL
For sale by Owner| Fully Renovated | Tenant in Place
*No Seller Financing available
Property Overview
147 Saratoga dr, Clarksville, Tn, 37042
3 Bed | 2 Bath | Bonus Room w/ Closet
1,338 Sq Ft
Built 1991
0.43 Acres
Inground Pool (needs cosmetic repair)
Fully Furnished
Full Interior Remodel
New Roof
New Windows
100% New AC Ducting
New Interior HVAC Unit
New Flooring
New Trim & Paint
Financial Snapshot
ARV: $280,000
Asking Price: $265,000
Equity Day 1: ~$15,000
Consistently rented @ $2500/mo all of 2025.
Current Rent: $2,500/month
Annual Gross Income: $30,000
Incoming tenant secured at $2,500/month.
Investor Metrics (Estimated)
At $265,000 purchase:
• Gross Rent: $30,000/year
• Gross Yield: ~11.3%
• Fully Renovated = Minimal Maintenance Risk
• Tenant in place = Immediate cash flow
Pool needs work but offers strong value-add opportunity.
Why This Deal Makes Sense
Turnkey investment
No rehab headaches
New major systems (roof, HVAC, windows)
Large lot (.43 acres)
Pool increases long-term resale value
Proven rental history @ $2,500/month
Discount to ARV
Exit Strategies
• Long-term buy & hold
• Short-term furnished rental
• BRRRR refinance play
• Retail resale after light pool improvement
Sold for $266,000
$266,000
147 Saratoga Dr, Clarksville, TN 37042
3beds
1,338sqft
SingleFamily
Built in 1991
0.43 Acres Lot
$265,600 Zestimate®
$199/sqft
$1,702 Estimated rent
Home value
$265,600
$252,000 - $282,000
$1,702/mo
Zestimate® history
Owner options
List your home for rent
$1,702/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,702/mo
Rent Zestimate®
Refinance and save
$1,589/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,589/mo
Est. payment
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List your homeWhat's special
New trim and paintFully furnishedInground poolNew roofNew windowsNew interior hvac unitFull interior remodel
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced air, Electric
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Freezer, Microwave, Range / Oven, Refrigerator, Washer
Features
- Flooring: Laminate
- Basement: None
Interior area
- Total interior livable area: 1,338 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage - Attached
Features
- Exterior features: Brick
- Has spa: Yes
Lot
- Size: 0.43 Acres
Details
- Parcel number: 043CG03000000
Construction
Type & style
- Home type: SingleFamily
Materials
- Foundation: Footing
- Roof: Composition
Condition
- Year built: 1991
Community & HOA
Location
- Region: Clarksville
Financial & listing details
- Price per square foot: $199/sqft
- Tax assessed value: $92,100
- Annual tax amount: $686
Price history
| Date | Event | Price |
|---|---|---|
| 5/18/2026 | Sold | $266,000+0.4%$199/sqft |
Source: Public Record Report a problem | ||
| 4/16/2026 | Pending sale | $265,000$198/sqft |
Source: Owner Report a problem | ||
| 3/4/2026 | Listed for sale | $265,000-5%$198/sqft |
Source: Owner Report a problem | ||
| 1/16/2026 | Listing removed | $279,000$209/sqft |
Source: | ||
| 7/14/2025 | Listed for sale | $279,000-0.4%$209/sqft |
Source: | ||
| 4/17/2025 | Listing removed | $280,000$209/sqft |
Source: | ||
| 4/14/2025 | Contingent | $280,000$209/sqft |
Source: | ||
| 2/12/2025 | Listed for sale | $280,000$209/sqft |
Source: | ||
| 2/8/2025 | Pending sale | $280,000$209/sqft |
Source: | ||
| 12/27/2024 | Price change | $280,000-2.4%$209/sqft |
Source: | ||
| 12/23/2024 | Listed for sale | $287,000+925%$214/sqft |
Source: | ||
| 2/21/2023 | Sold | $28,000-56.3%$21/sqft |
Source: Public Record Report a problem | ||
| 12/18/1996 | Sold | $64,000$48/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $686 -56.6% | $23,025 -38.6% |
| 2023 | $1,583 | $37,500 |
| 2022 | $1,583 | $37,500 |
Find assessor info on the county website
Neighborhood: Millstone Place
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Nearby schools
GreatSchools rating
- 5/10Kenwood Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 5/10Kenwood Middle SchoolGrades: 6-8Distance: 0.7 mi
- 3/10Kenwood High SchoolGrades: 9-12Distance: 0.9 mi
Get a cash offer in 3 minutes
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Estimated market value
$265,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$265,600
- Tennessee
- Montgomery County
- Clarksville
- 37042
- Millstone Place
- 147 Saratoga Dr