2013 Derby WayMemphisIN47143
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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 2013 Derby Way, Memphis, IN, 47143 earns $325/mo cash flow from $2,160/mo rent with a $1,496/mo payment. Total monthly income totals $2,160/mo, and annual cash flow totals $3,903/yr on $101,326 capital. ROI tracks 23.76% on current figures, and rental yield reads 8.48% at a $305,660 purchase. Equity gained on principal adds $1,972/yr, and 5% annual appreciation supports $84,448 over five years. Five-year ROI reaches 123.3% and total cumulative return in cash sums $124,933. 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 2025
0.26 Acres 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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