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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 2219 Pine Tree Lane, Memphis, IN, 47143 listed at $414,900 pairs $3,508/mo rent with a $2,031/mo payment to leave $996/mo cash flow. Total monthly income runs $3,508/mo, and annual cash flow reaches $11,956/yr on $137,539 cash to close. Return on cash invested measures 28.6% in year one, and rental yield registers 10.15% at a $414,900 basis. Equity gained on principal adds $2,677/yr, and annual property appreciation at 5% supports $114,629 by year five. Five-year ROI tracks 149.3% and total cumulative return in cash totals $205,346. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,508/mo property income relative to a $2,031/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
0.29 Acres 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 |
|---|---|---|
| 2024-12-19 | Sold | $414,900 |
| 2024-11-13 | Pending sale | $409,900 |
| 2024-10-24 | Price change | $409,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | N/A | N/A | $300 | N/A |
Listed by: Stephannie Wilson • Schuler Bauer Real Estate Services ERA Powered (N
Mls Name: SIRA
Mls Provider:
Mls ID: #202406777
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.
