1288 Bull Creek LnColliervilleTN38017
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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 1288 Bull Creek Ln, Collierville, TN, 38017 offers a 8.41% rental yield on a $694,900 purchase with $4,872/mo rent. Total monthly income registers $4,872/mo, and a $3,401/mo payment leaves $712/mo available for distribution. Annual cash flow reaches $8,549/yr on $228,622 to close, and return on cash invested stands at 23.8% in year one. Equity gained on principal adds $4,484/yr while 5% annual appreciation supports $191,988 over five years. Portfolio math shows five-year ROI at 123.42% and total cumulative return in cash at $282,154. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,872/mo property income against a $3,401/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
0.25 Acres 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: Anna E Bishop • Crye-Leike, Inc., REALTORS
Mls Name: MAAR
Mls ID: #10208445