164 Danbrooke DrColliervilleTN38017
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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
Rental property for sale in Collierville at 164 Danbrooke Dr, Collierville, TN, 38017 priced at $409,500 converts $2,621/mo rent into $170/mo cash flow after a $2,004/mo obligation. Total monthly income equals $2,621/mo, and annual cash flow totals $2,040/yr on $135,749 invested. Return on cash invested prints 21.41% in year one, and rental yield reads 7.68% against a $409,500 entry. Equity gained on principal adds $2,642/yr, while 5% annual appreciation compiles into $113,137 by year five. Five-year ROI reaches 110.63% and total cumulative return in cash sums $150,178. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,621/mo property income covering a $2,004/mo payment, not borrower’s personal income.
Single Family
Built in 1996
7,840 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: Donnie K Morrow • eXp Realty, LLC
Mls Name: MAAR
Mls ID: #10211453