13838 Deerfield CrossingMemphisIN47143
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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 Memphis at 13838 Deerfield Crossing, Memphis, IN, 47143 uses $101,108 cash to close to unlock $7,212/yr annual cash flow and $601/mo monthly cash flow. Total monthly income runs $2,432/mo, and a $1,493/mo payment keeps the spread at $601/mo. Purchase price stands at $305,000, and rental yield measures 9.57% with $2,432/mo rent. Return on cash invested shows 27.04% in year one, and 5% annual appreciation builds toward $84,266 over five years. Five-year ROI reaches 140.83% and total cumulative return in cash records $142,390. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,432/mo property income covering a $1,493/mo payment rather than investor’s personal income.
Single Family
Built in 2021
9,801 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47143, Memphis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,619 (100%) |
| Owner Occupied HU | 1,408 (87.0%) |
| Renter Occupied HU | 171 (10.6%) |
| Vacant Housing Units | 40 ( 2.5%) |
| Median Home Value | $266,563 |
| Average Home Value | $290,305 |
Housing Distribution
Address Breakdown
Residential
1,476
Single Family
1,476
Multi-Family
0
Businesses
41
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