2077 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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2077 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

Investment property for sale in Memphis at 2077 Derby Way, Memphis, IN, 47143 offers a 9.6% rental yield on a $269,991 purchase with $2,160/mo rent. Total monthly income registers $2,160/mo, and a $1,321/mo payment leaves $540/mo available for distribution. Annual cash flow reaches $6,477/yr on $89,502 to close, and return on cash invested stands at 27.15% in year one. Equity gained on principal adds $1,742/yr while 5% annual appreciation supports $74,594 over five years. Portfolio math shows five-year ROI at 141.42% and total cumulative return in cash at $126,574. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,160/mo property income against a $1,321/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2025

9,147 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to your dream home in the Champions Run The stylish Essex Plan this is a 2-story gem offers a spacious open layout perfect for entertaining and everyday living. The inviting kitchen features elegant cabinetry, granite countertops and stainless steel appliances, including a range with a microwave hood and a modern dishwasher. The main floor also includes a versatile flex room and a chic half bathroom for guests. Upstairs, unwind in the tranquil primary suite with a en-suite bathroom and a generous walk-in closet. Three additional bedrooms with walk-in closets share a full bathroom. A cozy loft and a convenient walk-in laundry room enhance functionality. Energy-efficient Low-E windows and a one-year limited home warranty complete this exceptional home. Situated just 20 miles north of Louisville, Champions Run puts employment and entertainment hubs in easy reach. Nearby, youll find an abundance of trails and park, as well as shopping and dining options. Find your dream home here today!

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