190 Ivy Brook 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 190 Ivy Brook Ln, Collierville, TN, 38017 uses $227,010 cash to close to unlock $3,909/yr annual cash flow and $326/mo monthly cash flow. Total monthly income runs $4,456/mo, and a $3,377/mo payment keeps the spread at $326/mo. Purchase price stands at $690,000, and rental yield measures 7.75% with $4,456/mo rent. Return on cash invested shows 21.78% in year one, and 5% annual appreciation builds toward $190,634 over five years. Five-year ROI reaches 112.58% and total cumulative return in cash records $255,560. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,456/mo property income covering a $3,377/mo payment rather than investor’s personal income.
Single Family
Built in 2002
10,454 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: Billy R Price • Crye-Leike, Inc., REALTORS
Mls Name: MAAR
Mls ID: #10204891