2011 Derby Way, Memphis, IN, 47143 | $540/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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2011 Derby Way, Memphis, IN, 47143 | $540/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Memphis at 2011 Derby Way, Memphis, IN, 47143 priced at $269,900 pairs $2,160/mo rent with $540/mo cash flow after a $1,321/mo payment. Total monthly income equals $2,160/mo, and annual cash flow comes to $6,478/yr on $89,472 invested. Return on cash invested is 27.15% in year one, and rental yield stands at 9.6% on a $269,900 basis. Equity gained on principal adds $1,742/yr, and 5% annual appreciation accumulates to $74,568 by year five. Five-year ROI measures 141.44% and total cumulative return in cash reaches $126,546. For financing, Ziffy Mortgage’s DSCR program evaluates $2,160/mo property income against a $1,321/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 2025

0.32 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome home to the Freeport by D.R. Horton, located in serene Champions Run - a spacious 4 bed, 2 bath ranch offering the perfect blend of comfort and style. This open-concept layout features a bright living area that flows effortlessly into the dining and kitchen space, complete with a large peninsula island and stainless steel appliances. The private primary suite is situated at the rear of the home to offer privacy and includes a walk-in closet and dual sink vanity. Three additional bedrooms offer flexibility for guests, a home office, or space for hobbies. Smart home features are included!

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