1188 Clear Creek RdColliervilleTN38017
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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 Collierville at 1188 Clear Creek Rd, Collierville, TN, 38017 earns $689/mo cash flow from $2,484/mo rent with a $1,468/mo payment. Total monthly income totals $2,484/mo, and annual cash flow totals $8,263/yr on $99,417 capital. ROI tracks 28.22% on current figures, and rental yield reads 9.94% at a $299,900 purchase. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 over five years. Five-year ROI reaches 147.15% and total cumulative return in cash sums $146,296. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,484/mo property income instead of your personal income.
Single Family
Built in 1999
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38017, Collierville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,367 (100%) |
| Owner Occupied HU | 16,144 (75.6%) |
| Renter Occupied HU | 4,404 (20.6%) |
| Vacant Housing Units | 819 ( 3.8%) |
| Median Home Value | $469,255 |
| Average Home Value | $509,344 |
Housing Distribution
Address Breakdown
Residential
21,646
Single Family
19,614
Multi-Family
2,032
Businesses
1,288
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Listed by: Daniel Crawley • Jennae Realty, Inc.
Mls Name: MAAR
Mls ID: #10208640