2014 Fairview Farm LOT 128MemphisIN47143
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2014 Fairview Farm LOT 128, Memphis, IN, 47143 earns $916/mo cash flow from $2,551/mo rent with a $1,316/mo payment. Total monthly income totals $2,551/mo, and annual cash flow totals $10,994/yr on $89,140 capital. ROI tracks 32.24% on current figures, and rental yield reads 11.38% at a $268,900 purchase. Equity gained on principal adds $1,735/yr, and 5% annual appreciation supports $74,292 over five years. Five-year ROI reaches 168.87% and total cumulative return in cash sums $150,532. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,551/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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Troy Stiller • Schuler Bauer Real Estate Services ERA Powered (N
Mls Name: SIRA
Mls Provider:
Mls ID: #202409306
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.