251 Summit View CvColliervilleTN38017
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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 Collierville at 251 Summit View Cv, Collierville, TN, 38017 with 5% annual appreciation on a $349,000 basis while $2,243/mo rent supports operations. Total monthly income totals $2,243/mo and a $1,708/mo payment preserves $154/mo for cash returns. Annual cash flow comes to $1,848/yr on $115,694 deployed, and return on cash invested reaches 21.51% in year one. Equity gained on principal adds $2,252/yr, and five-year appreciation sums $96,422 alongside rental yield of 7.71%. Five-year ROI measures 111.19% and total cumulative return in cash totals $128,640.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,243/mo property income versus a $1,708/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1993
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38017, Collierville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,367 (100%) |
| Owner Occupied HU | 16,144 (75.6%) |
| Renter Occupied HU | 4,404 (20.6%) |
| Vacant Housing Units | 819 ( 3.8%) |
| Median Home Value | $469,255 |
| Average Home Value | $509,344 |
Housing Distribution
Address Breakdown
Residential
21,646
Single Family
19,614
Multi-Family
2,032
Businesses
1,288
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Listed by: Stephen K Mansour • KAIZEN Realty, LLC
Mls Name: MAAR
Mls ID: #10210323