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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Memphis at 2004 Fairview Farm Drive LOT 133, Memphis, IN, 47143 earns $204/mo cash flow from $2,160/mo rent with a $1,578/mo payment. Total monthly income totals $2,160/mo, and annual cash flow totals $2,445/yr on $106,909 capital. ROI tracks 22.2% on current figures, and rental yield reads 8.04% at a $322,500 purchase. Equity gained on principal adds $2,081/yr, and 5% annual appreciation supports $89,101 over five years. Five-year ROI reaches 114.96% and total cumulative return in cash sums $122,900. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,160/mo property income instead of your personal income.
Single Family
Built in 2024
9,583 sqft lot
$N/A/sqft
$250 annually HOA
Neighborhood data shown for ZIP Code: 47143, Memphis, IN area.
| 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 |
Residential
1,476
Single Family
1,476
Multi-Family
0
Businesses
41
Date | Event | Price |
|---|---|---|
| 2024-12-27 | Sold | $322,500 |
| 2024-12-17 | Pending sale | $329,900 |
| 2024-12-13 | Price change | $329,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Troy Stiller • Schuler Bauer Real Estate Services ERA Powered (N
Mls Name: SIRA
Mls Provider:
Mls ID: #2024012582
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.
