








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Memphis at 2220 Pine Tree Lane, Memphis, IN, 47143 priced at $419,900 converts $2,160/mo rent into after a $2,055/mo obligation. Total monthly income equals $2,160/mo. Return on cash invested prints 16.62% in year one, and rental yield reads 6.17% against a $419,900 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation compiles into $116,011 by year five. Five-year ROI reaches 85.04% and total cumulative return in cash sums $118,380. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,160/mo property income covering a $2,055/mo payment, not borrower’s personal income.
Single Family
Built in 2025
0.46 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 |
|---|---|---|
| 2025-03-28 | Listed for sale | $419,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Stephannie Wilson • Schuler Bauer Real Estate Services ERA Powered (N
Mls Name: SIRA
Mls Provider:
Mls ID: #202506652
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.